Tax Administration and Pakistan’s Economy
Tax administration is the process of collecting taxes from taxpayers. It includes a number of activities, such as assessing taxes, collecting taxes, and enforcing tax laws. The efficiency of tax […]
A Brief History of Taxation in Pakistan
Taxation is a necessary evil. It is the way that governments raise money to fund their operations and provide essential services to their citizens. In Pakistan, taxation has a long […]
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 […]
The Future of Taxation in Pakistan
Taxation is an essential aspect of any economy, as it provides the government with the revenue needed to fund public services and infrastructure. In Pakistan, the tax system has been […]
Pakistan’s Tax Reform Agenda: What to Expect
Taxation is a critical aspect of any economy, and Pakistan is no exception. The country’s tax system has been the subject of much debate and criticism, with many calling for […]
Pakistan Approves Increase in Sales Tax on Luxury Items
The Pakistani government recently approved an increase in the sales tax on luxury items to 25%, effective from March 1, 2023. The move is aimed at increasing revenue for the […]
Penalties and Fines on Late Filing of Taxes.
Paying taxes is an essential responsibility for all citizens who earn an income. Taxes are a way of contributing to the functioning of society and the government, and they help […]
Proposed Tax Measures by FBR to Impact Pakistani Economy
The Federal Board of Revenue (FBR) in Pakistan has recently announced budget proposals for tax measures that are expected to impact the economy in the upcoming fiscal year. These measures […]
How Accountability in Tax Administration Can Benefit Pakistan
Taxation is an essential part of any government’s revenue stream. In Pakistan, taxes are used to fund a wide range of government services, including education, healthcare, infrastructure, and security. However, […]
How the Additional Customs Duty in Pakistan is Helping to Boost the Economy
The Additional Customs Duty (ACD ) was passed by the Pakistani government in 2021 in an effort to boost the country’s economy. The act imposes an additional customs duty on […]