How to Appeal an Advance Tax Assessment in Pakistan
To file an appeal, the taxpayer must file a written notice of appeal with the Commissioner of Income Tax (CIT) within 30 days of the date of the assessment. The […]
How to Avoid Penalties for Not Paying Advance Tax in Pakistan
Advance tax is a tax that is paid in advance of the final tax liability. It is a common practice in many countries, including Pakistan. The Advance Tax in Pakistan […]
Everything You Need to Know About Pakistan Single Window
Pakistan Single Window (PSW) is a newly launched trade system in Pakistan that has been inaugurated to facilitate trade and transport. The system aims to provide a single entry point […]
How to Carry Forward Losses in Pakistan for New Businesses and Startups
Starting a new business or a startup requires significant investments and expenses. Despite the best efforts of entrepreneurs, sometimes these businesses incur losses in the initial years. However, the tax […]
Benefits of Registering with PSEB for IT Services in Pakistan
Pakistan Software Export Board (PSEB) offers numerous benefits to Information Technology (IT) companies that register with them. Not only do they enjoy reduced tax rates, but they can also avail […]
A Guide to Registering for PSEB in Pakistan for IT and ITeS Entities
Pakistan Software Export Board (PSEB) is a government agency that aims to promote the IT and ITeS industry in Pakistan. PSEB registration is optional but highly recommended for all IT […]
State Bank of Pakistan Extends Exchange of Old Currency Notes Deadlines
Are you holding on to old currency notes of Rs. 10, Rs. 50, or Rs. 1,000? If so, you’re in luck as the State Bank of Pakistan has extended the […]
Tax Planning for Starting a Business in Pakistan
Starting a business in Pakistan involves several considerations, and tax planning should be a crucial one. Adhering to the country’s laws and regulations is essential to ensure proper compliance while […]
Taxation and the Stock Market in Pakistan
The stock market is an essential component of any country’s economy, and Pakistan is no exception. The stock market allows companies to raise capital by selling shares to the public, […]
A Guide to Taxation for the Oil and Gas Industry in Pakistan
The oil and gas industry is one of the most important sectors in Pakistan’s economy, contributing significantly to the country’s gross domestic product (GDP). As with any industry, the oil […]