In Pakistan, construction services are subject to sales tax under the Sales Tax Act, 1990. The tax rates and procedures vary depending on the location of the construction service and the type of service provided. In Punjab, the Punjab Revenue Authority (PRA) is responsible for the collection of sales tax on construction services. The […]
WHAT IS THE TAX ON CONSTRUCTION SERVICES IN PAKISTAN? Read More »
In Pakistan, individuals and businesses are required to pay income tax if their taxable income exceeds the minimum taxable limit. Here are some of the groups that are eligible for income tax: Salaried individuals: Employees who receive a salary from an employer are required to pay income tax on their earnings. Businesses: Sole proprietorships, partnerships,
HOW TO FILE INCOME TAX IN PAKISTAN? Read More »
Here is a step-by-step guide on how to file your sales tax return with the Pakistan Revenue Automation Limited (PRA) in Pakistan: Step 1: Register with PRA If you haven’t already, you need to register with the PRA. You can do this by visiting the PRA website and following the registration process. You will need
HOW TO FILE PRA SALE TAX RETURN Read More »
People who can register for sales tax in Pakistan are:- All importers All wholesalers (including dealers) and distributors Manufacturers not falling in cottage industry. {Cottage industry means a manufacturer whose annual turnover from taxable supplies made in any tax period during the last twelve months ending any tax period does not exceed [ten] million rupees
HOW TO REGISTER FOR SALES TAX IN FBR PAKISTAN? Read More »
Online registration is only available for Individual and not for Association of Person or Company, before starting online registration, the Taxpayer must have: Read User Guide; A computer, scanner and internet connection; A cell phone with SIM registered against their own CNIC; A personal email address belonging to them; Scanned pdf files of: Certificate of maintenance
HOW TO REGISTER IN FBR PAKISTAN? Read More »
In order to file an income tax return with the Federal Board of Revenue (FBR) in Pakistan, you will need to follow these steps: Obtain a National Tax Number (NTN) and register for e-Filing if you have not done so already. Gather all the necessary documentation, including your salary slips, bank statements, and any other
HOW TO FILE FBR INCOME TAX RETURN Read More »
