The Reduced Rate of Sales Tax: A Guide for Businesses
The Sales Tax Act, 1990, is a law that governs the taxation of goods and services in Pakistan. The Act provides for the imposition of sales tax at a rate […]
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How People in Pakistan Avoid Paying Taxes: 7 Sneaky Tricks to Know
Tax evasion is a prevalent issue in Pakistan, with many people attempting to avoid paying taxes. According to a report, Pakistan loses up to PKR 5.5 trillion in revenue every […]
Direct Tax Collection in Pakistan: An Overview
Tax collection is an essential component of any country’s economy. It is a significant source of revenue for the government, which is used for public welfare, infrastructure development, and defense. […]
How the Government of Pakistan Funds Your Daily Life
Taxes are an essential source of revenue for any government, and Pakistan is no exception. Taxes are collected by the government to fund public services, infrastructure, and other expenses that […]
The Benefits of Taxation in Pakistan
Taxation is a necessary evil. It is a way for governments to raise revenue to fund essential services such as education, healthcare, and infrastructure. However, taxation can also be seen […]
All You Need to Know About Taxes in Pakistan
As a Pakistani citizen, taxes are an essential part of your financial responsibilities. Understanding how taxes work in Pakistan can help you make informed decisions about your finances. In this […]
How the Taxation System in Pakistan Has Changed Over Time
The taxation system in Pakistan has undergone a number of changes over time, in response to both internal and external factors. In this blog post, we will explore the history […]
Truth About Tax Havens in Pakistan: A Comprehensive Guide
Tax havens are countries or regions that provide favorable tax rates and other financial incentives to individuals and businesses. These havens are often used by wealthy individuals and companies to […]
Legal Ways to Reduce Your Tax Liability in Pakistan
As a responsible citizen of Pakistan, it is important to pay your taxes. However, nobody wants to pay more taxes than necessary. Fortunately, there are legal ways to reduce your […]
Wholesalers and Retailers: The Key Players in the Economy
Who is a Wholesaler under Sales Tax Act, 1990? Under the Sales Tax Act, 1990, a wholesaler is defined as a person who purchases goods from a manufacturer or importer […]