Trust

Taxation of Hospitality Services in Pakistan

Taxation of Hospitality Services in Pakistan

FBR, Trust /

Taxation of Hospitality Services in Pakistan: In Pakistan, the taxation of hospitality services is governed by the Federal Board of Revenue (FBR) and is subject to the Sales Tax Act, 1990, and the Federal Excise Act, 2005. The taxation regime for hospitality services is complex and includes various taxes and levies. In this article, we […]

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Differences between a society and a trust in Pakistan

Differences between a society and a trust in Pakistan

Legal, Trust /

A society and a trust are two legal entities in Pakistan that have different purposes and functions. Both are non-profit organizations, but they are governed by different laws and regulations. In this article, we will discuss the differences between a society and a trust in Pakistan.   Society in Pakistan A society is a non-profit

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