Rates of Capital Gains Tax in Pakistan for 2024
Understanding capital gains tax is crucial for any investor in Pakistan. This article explores the tax rates applicable in 2024 […]
Sindh High Court Rules Firefighting Equipment Exempt from Import Taxes
In a decision impacting businesses that import firefighting equipment, the Sindh High Court (SHC) has ruled that such equipment qualifies […]
Vehicle Tax Rates in Pakistan Tax Year 2024
Owning a vehicle in Pakistan comes with the responsibility of paying taxes. This guide demystifies the tax structure for different […]
Tax Rates for Individuals (Tax Year 2024)
Understanding your tax obligations is crucial for responsible financial planning. This article provides a clear breakdown of tax rates for […]
Advance Tax Rules for Small Businesses under Tajir Dost Scheme
Part II of S.R.O. 420(I)/2024 outlines the new framework for advance tax payments under the “Tajir Dost Scheme” for small […]
FBR Introduces SWAPS System for Withholding Agents
The Federal Board of Revenue (FBR) has implemented a new system called SWAPS (System for Web-based Automated Payment System) for […]
Lahore Chamber of Commerce Challenges New Sales Tax Rules in Pakistan
The Lahore Chamber of Commerce and Industry (LCCI) is contesting a recent amendment to the Sales Tax Rules, arguing it […]
Why Did Your ATL Status Become Inactive in March? A Guide for In-Active Taxpayers
Many active taxpayers in Pakistan recently discovered their ATL (Active Taxpayer List) status became inactive in March 2024. This can […]
New FBR Digital Invoicing Portal: Streamlined Licensing for IT Companies
The Federal Board of Revenue (FBR) has introduced a digital invoicing system and a dedicated online portal to manage it. […]
FBR Raises Sales Tax on Motor Vehicles to 25%
The Federal Board of Revenue (FBR) in Pakistan has increased sales tax on certain motor vehicles in an attempt to […]