Difference Between Super Tax and Surcharge on Salary
Super Tax vs. Surcharge: Super tax: This is an existing tax levied on very high income earners in Pakistan. It kicks in for incomes exceeding Rs. 150 million. Surcharge: This […]
Super Tax vs. Surcharge: Super tax: This is an existing tax levied on very high income earners in Pakistan. It kicks in for incomes exceeding Rs. 150 million. Surcharge: This […]
The Federal Board of Revenue (FBR) has clarified that petrol pumps operated by Oil Marketing Companies (OMCs) are not subject to the recently introduced 2.5% advance tax on sales to […]
The Sindh Revenue Board (SRB) has implemented a new sales tax policy for hospitals in the province, effective July 1, 2024. This article explores the key details and implications of […]
The Pakistani tax system incorporates a concept called “minimum tax,” which applies to certain businesses and individuals regardless of their actual taxable income. This article explains who is subject to […]
The Sindh government (SRB) has introduced revised stamp duty rates for the acknowledgment or receipt of money or any other consideration related to immovable properties, effective from July 1, 2024, […]
This article explains the two main taxes levied on agriculture in Khyber Pakhtunkhwa (KPK), Pakistan: Agricultural Income Tax and Land Tax. It’s important to remember that income tax on agriculture […]
The government has implemented new taxes on vehicles as part of the new financial year, making it more expensive for consumers to purchase a car. These changes include: Regulatory Duty: […]
A Quick Guide for (Filers vs. Non-Filers) Owning a car in Pakistan comes with annual token taxes, but the amount you pay depends on your car’s engine capacity and your […]
Professional Tax for in Punjab (As per Punjab Finance Act 1977 Updated) Companies registered under the Companies Act, 2017 or under the relevant law for the time being in force […]
Pakistan’s parliament recently passed a new budget for the fiscal year 2025 (FY25), including significant changes to property taxes. Here’s a breakdown of the key points: New Duty Rates: The […]