The government has introduced significant changes to its income tax system through the Finance Act 2024. These measures aim to encourage timely tax filing, increase revenue collection, and potentially shift […]
The Punjab government has implemented a significant change to its vehicle taxation system, impacting annual token taxes for cars registered in Punjab. Here’s a breakdown of the key points: Goodbye […]
The Finance Act (FA) 2024 brings welcome news for businesses and residents in the former Federally Administered Tribal Areas (FATA) regions of Pakistan. The Act extends existing sales tax exemptions, […]
The Finance Act 2024 introduces adjustments to the tax structure for professional firms in Pakistan. Here’s a breakdown of the changes: Previously Existing Tax Rate: Prior to the Finance Act, […]
Pakistan’s tax landscape has seen a significant update with the Finance Act 2024. This article delves into wealth statement disclosures, highlighting the newly incorporated requirement to disclose foreign assets and […]
The Federal Board of Revenue (FBR) has implemented a revised tax system for exporters of goods, replacing the previous final tax regime. This article unpacks the key changes and their […]
The Pakistani government has implemented increased income tax rates for salaried individuals in the new Finance Act 2024. While some brackets remain unchanged, most income levels face higher tax burdens […]
Withholding Tax Relief for Property Sales by Military, Veterans, and Government Personnel: A Breakdown The government has implemented a significant change in its tax policy, effective July 1, 2024. This […]
The Sindh government has issued updated motor vehicle tax rates under the Sindh Finance Act, 2024. These new rates, applicable from July 1, 2024, aim to standardize the tax regime […]
Finance Act, 2024 brings changes to the country’s sales tax structure, impacting various sectors. Here’s a breakdown of the key revisions: Good News for Gold Industry: A significant exemption applies […]
