TAX

Taxation of Healthcare Services in Pakistan

Taxation of Healthcare Services in Pakistan

In Pakistan, healthcare services are taxed in various ways, including sales tax, income tax, and customs duties. These taxes are applied to different aspects of healthcare services, including pharmaceuticals, medical equipment, and hospitals. In this article, we will discuss the taxation of healthcare services in Pakistan in detail, along with their definitions and examples. Sales […]

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Taxation of Transport Services in Pakistan

Taxation of Transport Services in Pakistan

Taxation of transport services in Pakistan refers to the system of levying taxes on the various modes of transportation used within the country. The taxes collected are utilized for the development and maintenance of transport infrastructure, as well as other public services.   The following are the main taxes levied on transport services in Pakistan:

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Taxation of Trading Businesses in Pakistan

Taxation of Trading Businesses in Pakistan

Taxation of trading businesses in Pakistan is governed by the Income Tax Ordinance, 2001, which imposes income tax on profits earned by businesses. Trading businesses are those that engage in buying and selling of goods, and may include retailers, wholesalers, and importers/exporters. In this article, we will discuss the various aspects of taxation of trading

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Tax implications

Tax implications of company registration in Pakistan

Introduction: Company registration in Pakistan entails a series of legal and tax obligations that businesses must adhere to. Understanding the tax implications is crucial for entrepreneurs and investors seeking to establish a company in the country. Definitions: Company: A legal entity formed under the Companies Act, 2017, which can be registered as a private or

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Taxation of Real Estate Businesses in Pakistan

Taxation of Real Estate Businesses in Pakistan

Real estate businesses in Pakistan are subject to various taxes and regulations imposed by the federal and provincial governments. This article aims to provide an overview of the taxation of real estate businesses in Pakistan, including definitions and examples. Definitions Before discussing the taxation of real estate businesses in Pakistan, it is essential to understand

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Taxation of Manufacturing Businesses in Pakistan

Taxation of Manufacturing Businesses in Pakistan

Taxation is an important aspect of any business in Pakistan, and manufacturing businesses are no exception. The taxation system in Pakistan is governed by the Federal Board of Revenue (FBR) and includes various types of taxes, including income tax, sales tax, and customs duty. In this article, we will discuss the taxation of manufacturing businesses

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Taxation of Telecommunication Services in Pakistan

Taxation of Telecommunication Services in Pakistan

Taxation of Telecommunication Services in Pakistan: Telecommunication services play a vital role in modern societies by facilitating communication and enabling access to information. These services are subject to taxation in Pakistan, which imposes various taxes and levies on telecommunication services providers (TSPs) and their customers. Telecommunication Services: Telecommunication services refer to any service that enables

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Taxation of Software Development Companies in Pakistan

Taxation of Software Development Companies in Pakistan

Software development companies in Pakistan are taxed under the Income Tax Ordinance, 2001, and Sales Tax Act, 1990. These laws apply to all types of software development companies, including those developing and selling software products, providing software development services, and outsourcing software development work. Income Tax for Software Development Companies: Software development companies are required

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