How to Claim Input Tax in a Goods and Services Contract in Pakistan
If you are a Pakistani business owner or taxpayer, you may have faced the challenge of claiming input tax in a goods and services contract. In Pakistan, goods are taxed […]
Understanding the Impact of Finance Act on the Pharmaceutical Industry in Pakistan
The pharmaceutical industry in Pakistan has seen its fair share of changes in taxation laws and regulations over the years. With the introduction of the Finance Act and Second Amendment, […]
Tax Anomalies Identified in Finance Bill 2022 by FPCCI
The Finance Bill 2022 has been implemented in Pakistan, and the Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has identified multiple tax anomalies in the budget. These anomalies […]
Removal of CNIC/NTN Condition for Sales Tax Invoice
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 […]