Disadvantages of Taxation in Pakistan
The tax system in Pakistan is a complex and ever-changing system that is designed to raise revenue for the government. The system is made up of a variety of taxes, […]
Key Tax Concessions for IT and IT Enabled Services in Pakistan
In recent years, the information technology (IT) sector has become a significant contributor to the Pakistani economy. The sector has generated employment opportunities and has played a vital role in […]
Understanding the Changes in Sales Tax for Jewellers in Finance Bill 2022-23
The Finance Bill 2022-23 has proposed several changes in the sales tax regulations in Pakistan. One of the significant changes is related to the jewellers, who will now fall under […]
Proposed Reduction of Withholding Taxes in Upcoming Budget
Withholding taxes have been a significant source of revenue for the government, but they can also be a burden on taxpayers and businesses. In the upcoming budget, the Federal Board […]
Pakistan’s Taxation Policies and the Service Sector
The service sector is a vital component of Pakistan’s economy, contributing significantly to the country’s gross domestic product (GDP) and employment. However, the taxation policies in Pakistan have not kept […]
The Impact of the New Taxation Policy on Small Businesses in Pakistan
Pakistan’s economy is highly dependent on small businesses, as they make up a significant portion of the country’s total economic output. However, these small businesses often face difficulties in complying […]