Understanding Why You Might Receive FBR Notice?
Receiving a notice from the Federal Board of Revenue (FBR) can be a stressful experience. But before panicking, it’s crucial to understand why the FBR might issue such notices and […]
Tax Savings on Profit on Debt by Filers
This article explains the rules surrounding tax on profit on debt in Pakistan, as outlined by the Income Tax Ordinance, 2001. Who is affected? This tax applies to individuals (not […]
Demystifying Capital Gains Tax in Pakistan for 2024
Understanding capital gains tax is crucial for any investor in Pakistan. This article explores the tax rates applicable in 2024 for capital gains on disposal of securities and immovable property. […]
Reduced Tax Rates for Beauty, Wellness & Fitness in Khyber Pakhtunkhwa
Attention all beauty parlors, clinics, fitness centers, and similar businesses in Khyber Pakhtunkhwa! The KPRA has announced new tax rates and exemptions applicable to your services. Here’s what you need […]
KPRA Tax Rates for Hospitality and Food Services
Attention hotels, restaurants, caterers, and other food service businesses in Pakistan! The Khyber Pakhtunkhwa Revenue Authority (KPRA) has outlined specific tax rates and exemptions for your industry. Standard Rate: 15% […]
Salary Tax Slabs in Pakistan for 2023-24
The Federal Board of Revenue (FBR) has announced the new salary tax slabs for the tax year 2024, effective from July 1, 2023, to June 30, 2024. This article provides a detailed explanation of these tax slabs and how they impact your taxable income.
How to Claim Tax Refunds in AJK – A Step-by-Step Guide
Overpaid your taxes in AJK? Don’t fret! You might be eligible for a refund. This article details the process, eligibility criteria, and key points to remember for claiming your rightful […]
How to Prepare Tax Invoices in Azad Jammu and Kashmir (AJK)
Ensuring your invoices comply with AJK regulations is crucial for both avoiding penalties and simplifying tax reporting. Here’s a breakdown of the key information you must include in your tax […]
Pay Your AJK Taxes Online with Ease: A Step-by-Step Guide
Gone are the days of waiting in line at banks! Now, paying your AJK taxes is simple and convenient thanks to the e-Challan system (PSID) operated by the AJK Inland […]
Understanding KPRA’s Tax Rates for Your Services
Attention all users of phone services, internet, messaging, and other related technologies in Khyber Pakhtunkhwa! This article explains the KPRA’s tax rates applicable to your activities and helps you stay […]