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 […]
New 25% Sales Tax on Imported Products in Pakistan: What You Need to Know
Pakistan’s Federal Board of Revenue (FBR) has recently imposed a 25% sales tax on a range of imported products, including home appliances, cosmetics, shoes, and food items, among others. This […]
Why Paying Taxes is Crucial for Pakistan’s Economic Development
Taxes are a necessary part of any country’s economic system. In Pakistan, taxes play a crucial role in funding public services and creating a stable and prosperous economy. In this […]
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 […]
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 […]
How the Additional Customs Duty in Pakistan Can Boost the Economy
The Additional Customs Duty (ACD ) is a new law that was passed by the Pakistani government in 2020. The ACD imposes an additional customs duty on a variety of […]
Taxation and Entrepreneurship in Pakistan
Entrepreneurship plays a crucial role in the economic development of any country. It creates jobs, drives innovation, and promotes economic growth. However, starting a new business in Pakistan comes with […]
How the Additional Customs Duty in Pakistan Can Benefit the Economy
The Additional Customs Duty (ACD ) was passed by the Pakistani government in 2020 in an effort to raise additional revenue for the country. The act imposes an additional customs […]