Tax on Deemed Income: All You Need to Know The concept of deemed income from property in Pakistan is often confusing to many people. In this blog post, we will […]
Tax Exemption: Profit on Debt of Non Resident Pakistanis
Tax Exemption on Profit on Bank Accounts of Non Resident Pakistanis The Income Tax Ordinance, 2001 provides, under Clause 79 of Part-I of the Second Schedule, that profit on debt […]
Sales Tax Return Filing in Pakistan
Filing sales tax return is mandatory in Pakistan. The question is who is required to file sales tax return and how often. Curious to know more? well, in this post, […]
Advance Income Tax Deduction at Source
Generally, majority of us are not very well aware of withholding agent’s legal obligations about collecting advance income tax under various provisions of Income Tax Ordinance (ITO), 2001. There are […]