Proposed Tax Measures by FBR to Impact Pakistani Economy
The Federal Board of Revenue (FBR) in Pakistan has recently announced budget proposals for tax measures that are expected to impact the economy in the upcoming fiscal year. These measures […]
Pak-Afghan Negotiations on Avoidance of Double Taxation
Pakistan and Afghanistan have successfully concluded the third round of negotiations on the Convention for the Avoidance of Double Taxation between the two countries. The negotiations took place from 1st […]
What is Designated Non-Financial Businesses and Professions (DNFBPs)
Designated Non-Financial Businesses and Professions (DNFBPs) refer to businesses and professions that are not related to financial institutions but are still vulnerable to money laundering and terrorist financing. DNFBPs in […]
Tax Benefits and Exemptions for Judges in Pakistan
Judges in Pakistan enjoy several tax benefits and exemptions that are not available to other individuals. These benefits are outlined in Clause 55 of Part-I of the Second Schedule of […]
How to Get NTN of AOP Online in Pakistan?
The Federal Board of Revenue (FBR) has made it easier for Association of Persons (AOPs) in Pakistan to register for their National Tax Number (NTN) by introducing an online registration […]
How to unregister NTN in Pakistan?
If you earn an income in Pakistan, own property or a vehicle, or engage in any business activity, then obtaining a National Tax Number (NTN) is a legal requirement. The […]
Tax Benefits for IT Companies in Pakistan: Why Registering as a Company is Recommended?
The IT sector is a growing industry in Pakistan with a lot of potential and scope. For taxation purposes, mostly the export proceeds are exempt. Whether one should register its […]
How to Check Misuse of Your CNIC for Tax Purposes in Pakistan
The misuse of CNIC for tax purposes is a significant issue in Pakistan. Every taxpayer should be aware of the potential misuse of their CNIC and take steps to prevent […]
A Guide to Understanding Capital Gains Tax in Pakistan
If you are a Pakistani resident, it is essential to have a basic understanding of capital gains tax and its implications. The Income Tax Ordinance 2001 in section 37 deals […]
How Accountability in Tax Administration Can Benefit Pakistan
Taxation is an essential part of any government’s revenue stream. In Pakistan, taxes are used to fund a wide range of government services, including education, healthcare, infrastructure, and security. However, […]