FBR Raises Sales Tax on Motor Vehicles to 25%
The Federal Board of Revenue (FBR) in Pakistan has increased sales tax on certain motor vehicles in an attempt to generate more revenue and discourage the purchase of luxury items. […]
The Federal Board of Revenue (FBR) in Pakistan has increased sales tax on certain motor vehicles in an attempt to generate more revenue and discourage the purchase of luxury items. […]
This article clarifies the tax rules for pensions in Pakistan. Taxable Situations: Double Dipping: Your pension is taxable if you receive a pension and continue working (including contractual work) for […]
Renting Out Property: Understand Tax Deductions This article explains the deductions you can claim when filing taxes on rental income in Pakistan. Maximizing Tax Benefits: Reduce your tax burden by […]
Thinking of selling your property in Pakistan? Hold on! The Federal Board of Revenue (FBR) introduced a game-changer in 2022: the 7E certificate. This little piece of paper is now […]
The Federal Board of Revenue (FBR) of Pakistan released the latest Active Taxpayers List (ATL) for the tax year 2023, revealing a decrease compared to the previous year. While this […]
Pakistan Single Window (PSW) Enrollment Benefits The Pakistan Single Window (PSW) aims to streamline cross-border trade by creating a one-stop platform for businesses. This regulation outlines the process for registering […]
In Pakistan, the government incentivizes companies to upgrade their industrial operations by offering a tax credit for investments in plant and machinery. This article explains the details of this tax […]
Navigating the world of taxes can be complex, and understanding your “Active Taxpayer” status in Pakistan is a crucial aspect of compliance. This article aims to demystify this concept and […]
The Pakistani tax landscape offers various tax credits and exemptions to incentivize specific industries and activities. These measures aim to stimulate economic growth and attract investment in certain sectors. Let’s […]
Navigating property transactions can be complex, especially when it comes to cash payments and tax implications. This article explores key regulations and potential pitfalls to help you make informed decisions. […]