Understanding Tax Rates for Filers and Non-Filers
The Myth of Higher Tax Rates for Non-Filers Contrary to popular belief, being a non-filer does not necessarily mean paying higher taxes in Pakistan. In specific scenarios, the tax rate […]
The Myth of Higher Tax Rates for Non-Filers Contrary to popular belief, being a non-filer does not necessarily mean paying higher taxes in Pakistan. In specific scenarios, the tax rate […]
Only Registered SIM Numbers Allowed The Federal Board of Revenue (FBR) has implemented a new requirement for obtaining a National Tax Number (NTN). Effective immediately, only SIM cards registered under […]
Section 165A of the Income Tax Ordinance, 2001, imposes a duty upon banking companies in Pakistan to provide certain information to the Federal Board of Revenue (FBR). This section is […]
Online Marketplaces An online marketplace is a digital platform operated by an e-commerce entity. It serves as an intermediary between buyers and sellers, facilitating transactions over an electronic network. Think […]
If you’re a PTCL customer in Pakistan, you may need to obtain a withholding tax certificate for your landline or EVO/Charji services. This certificate is important for tax purposes and […]
The Finance Act, 2018 introduced a favorable tax treatment for Independent Power Producers (IPPs) located wholly or partly in Azad Jammu and Kashmir (AJ&K). This article delves into the specific […]
The Government of Pakistan has introduced a significant tax incentive for women-owned businesses. This incentive provides a 25% reduction in the tax payable on profits and gains derived from business […]
The Sales Tax Act, 1990, outlines the procedures for the collection and recovery of excess sales tax collected by businesses in Pakistan. This article provides a comprehensive overview of the […]
Notice 176, issued by the Federal Board of Revenue (FBR) in Pakistan, is a legal document used to obtain information or evidence from a taxpayer related to their income tax […]
The National Tax Number (NTN) is a crucial document for individuals and businesses in Pakistan to conduct legal financial activities. The Federal Board of Revenue (FBR) issues the NTN number […]