As efforts against money laundering intensify, the concept of Ultimate Beneficial Ownership (UBO) has gained significant importance. In Pakistan, the government has taken several steps to ensure that companies operating […]
The property sector in Pakistan has been booming for years, with investors earning substantial profits from buying and selling real estate. However, in 2022, the government implemented a series of […]
The Finance Bill 2022 has introduced several positive measures, such as progressive taxation, poverty alleviation tax, and deemed income tax on immovable property, among others. However, it also has 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 18%. However, there are some […]
As a responsible citizen, paying taxes is our legal obligation towards our country. Every year, the Federal Board of Revenue (FBR) selects a number of tax cases for audit. The […]
Pakistan Single Window (PSW) is a newly launched trade system in Pakistan that has been inaugurated to facilitate trade and transport. The system aims to provide a single entry point […]
Starting a new business or a startup requires significant investments and expenses. Despite the best efforts of entrepreneurs, sometimes these businesses incur losses in the initial years. However, the tax […]
If you are a taxpayer in Pakistan, you may have heard about advance tax. Advance tax is a type of tax that taxpayers pay in advance on a quarterly basis. […]
Paying taxes is an essential part of contributing to the growth of the economy. The federal board of revenue (FBR) in Pakistan is constantly looking for ways to increase the […]
The Federal Board of Revenue (FBR) is working tirelessly to increase Pakistan’s tax base for the growth of the economy. Despite the fact that some people are paying taxes, those […]
