Salary: SALARY AND ITS COMPONENTS · Income from Salary Model: Benefits received from Employer · No Deductions are allowed. Employment Relation “Employee” means any individual engaged in employment. “Employer” means any person who engages and remunerates an employee. “Employment” includes: • a directorship or any other office involved in the management of a company. • […]
Income from Salary Read More »
Tax Deductions Available for Pakistani Taxpayers Introduction Tax deductions are an essential aspect of any country’s tax system, including Pakistan. They provide taxpayers with opportunities to reduce their taxable income, ultimately resulting in lower tax liabilities. Understanding the available tax deductions can help individuals and businesses make the most of their financial planning while staying
Tax Deductions Available for Pakistani Taxpayers Read More »
Income Tax Filing: A Step-by-Step Guide Introduction Income tax filing can seem like a daunting task, but with the right guidance, it can be a manageable and even rewarding process. Whether you’re a first-time filer or a seasoned taxpayer, understanding the steps involved in income tax filing can help you navigate the complexities of the
Income Tax Filing: A Step-by-Step Guide Read More »