In Pakistan, bonuses and perks are considered a part of an employee's income and are subject to taxation. In this article, we will discuss the taxation system for bonuses and…
Taxation of salaries and wages in Pakistan is governed by the Income Tax Ordinance, 2001, which is administered by the Federal Board of Revenue (FBR). This ordinance regulates the collection…
In Pakistan, freelancers and self-employed individuals are required to pay taxes on their income. In this article, we will discuss the taxation system for freelancers and self-employed individuals in Pakistan…
SECTION 51 FOREIGN SOURCE INCOME OF RETURNING EXPATRIATES The Income Tax Ordinance in Pakistan provides certain exemptions to returning expatriates for foreign source income earned by them during their…
Income tax is a tax imposed on the income earned by individuals, companies, and other entities. In Pakistan, income tax is governed by the Income Tax Ordinance, 2001, and its…