How to Check Your Active Taxpayer Status in PRA
Operating a business in Punjab and providing taxable services? Verifying your Active Taxpayer status is crucial for complying with the Punjab Sales Tax on Services Act, 2012 (PST Act). Here’s […]
Requirements for PRA Sales Tax Invoices
Get It Right to Avoid Penalties! Running a business in Punjab and registered for PRA Sales Tax? Issuing proper tax invoices is crucial for compliance and avoiding penalties. This article, […]
How to Close BRA Sales Tax Registration?
While registering for BRA Sales Tax is essential for certain businesses, situations may arise where you no longer need to be registered. Unregistering smoothly and compliantly is crucial to avoid […]
Tax on Royalty and Fee for Technical Services to Non-Resident
Tax on certain payments to non-residents. The rate of tax imposed on payments to non-residents shall be 15% of the gross amount of royalty or fee for technical services and […]
Navigating Tax Notices: A Guide to Effective Responses
Facing a tax notice can be daunting, but understanding the process and responding strategically can significantly improve your chances of a favorable outcome. This article equips you with key steps […]
KPRA Delivers Relief: Ride-Hailing Industry Now Taxed at 2%, Offering Significant Savings
Great news for ride-hailing businesses in Khyber Pakhtunkhwa! The Khyber Pakhtunkhwa Revenue Authority (KPRA) has introduced a significantly reduced tax rate for ride-hailing services like Uber, Careem, Biker, and Lyft. […]
Demystifying Utility Taxes in Pakistan for 2024
Understanding utility bills can be complex, especially with added taxes. This guide simplifies the tax structure for electricity and telephone connections in Pakistan for the 2024 tax year. Electricity Consumption […]
Demystifying Tax Savings for Rental Property Owners in Pakistan (2024)
Owning rental property can be a lucrative investment, but navigating the complexities of income tax can feel overwhelming. This guide simplifies the process, focusing on tax rates and allowable deductions […]
The Balochistan Revenue Authority What You Need to Know
Establishment and Purpose: The Balochistan Revenue Authority (BRA), established in 2015, serves as a vital entity responsible for tax collection and administration within the province of Balochistan. Operating as an […]
Understanding Input Tax Credit Restrictions in Sales Tax – What You Can’t Claim
As a registered business in Pakistan, claiming input tax credits is crucial for efficient tax management. However, certain limitations exist to ensure fairness and prevent tax evasion. This article explores […]