Everything You Need to Know About Authorized Capital and Paid-up Capital
What is Authorized Capital? Authorized capital is the maximum amount of shares that a company can issue. It is the amount of money that the company is authorized to raise […]
What is Authorized Capital? Authorized capital is the maximum amount of shares that a company can issue. It is the amount of money that the company is authorized to raise […]
The Sales Tax Act, 1990 (STA) is a law that governs the levy and collection of sales tax in Pakistan. The STA defines an “in-active taxpayer” as a registered person […]
The Federal Board of Revenue (FBR) is the central revenue collection agency of Pakistan. It is responsible for collecting taxes from individuals and businesses, and for enforcing tax laws. The […]
The enforcement of tax laws in Pakistan is a complex and challenging task. The country has a large informal economy, which makes it difficult to track down and collect taxes […]
Starting a business is a big undertaking, and one of the biggest challenges is the cost. In Pakistan, the government recognizes the importance of entrepreneurship and has put in place […]
Sales tax is a tax that is levied on the sale of goods and services. In Pakistan, sales tax is levied at a rate of 17%. However, there are some […]
Sales tax is a tax that is levied on the sale of goods and services. In Pakistan, sales tax is levied at a rate of 17%. However, there are some […]
Tax fraud is a serious crime that can have a significant impact on the economy. It is important to report tax fraud to the authorities so that they can investigate […]
Minimum tax is a type of tax that is imposed on businesses and individuals who do not pay enough tax under the regular tax system. The minimum tax is designed […]
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 […]