income tax

Understanding Income Tax for Salaried Individuals in Pakistan

Understanding Income Tax for Salaried Individuals in Pakistan

Understanding Income Tax for Salaried Individuals in Pakistan Introduction Income tax is a vital component of a country’s revenue system, and it plays a significant role in financing government operations and public services. For salaried individuals in Pakistan, understanding the income tax system is essential to ensure compliance with tax laws and make informed financial […]

Understanding Income Tax for Salaried Individuals in Pakistan Read More »

Taxation of Food Processing Companies in Pakistan

Taxation of Food Processing Companies in Pakistan

Taxation of food processing companies in Pakistan is an important aspect of the country’s taxation system. Food processing companies are those that take raw agricultural products and transform them into value-added food products such as canned fruits, packaged snacks, and bottled drinks. In Pakistan, these companies are subject to a range of taxes, including income

Taxation of Food Processing Companies in Pakistan Read More »

Taxation of Pharmaceutical Companies in Pakistan

Taxation of Pharmaceutical Companies in Pakistan

Taxation is an essential source of revenue for the government of Pakistan. Pharmaceutical companies in Pakistan are no exception to this and are required to comply with various tax laws and regulations. In this article, we will discuss the taxation of pharmaceutical companies in Pakistan in detail, including definitions, examples, and case studies.   Taxation

Taxation of Pharmaceutical Companies in Pakistan Read More »

Taxation of Recruitment and Employment Services in Pakistan

Taxation of Recruitment and Employment Services in Pakistan

In Pakistan, the taxation of recruitment and employment services is subject to different laws and regulations. The tax treatment of these services varies depending on the nature and scope of the services provided by the recruitment and employment agency. In this article, we will provide an overview of the taxation of recruitment and employment services

Taxation of Recruitment and Employment Services in Pakistan Read More »

Engineering Services in Pakistan

Taxation of Engineering Services in Pakistan

Taxation of engineering services in Pakistan is governed by the Income Tax Ordinance 2001. Engineering services are classified as professional services under the ordinance, and are taxed under the head of income from business or profession. In this article, we will discuss the taxation of engineering services in Pakistan in detail, including definitions, examples, and

Taxation of Engineering Services in Pakistan Read More »

Taxation of Consulting Services in Pakistan

Taxation of Consulting Services in Pakistan

Taxation of consulting services in Pakistan is governed by the Income Tax Ordinance, 2001, and the Sales Tax Act, 1990. Consulting services are generally subject to income tax and sales tax in Pakistan. In this article, we will discuss the taxation of consulting services in Pakistan in detail, including definitions, examples, and case studies. Definition

Taxation of Consulting Services in Pakistan Read More »

Taxation of Accountancy Services in Pakistan

Taxation of Accountancy Services in Pakistan

Taxation of accountancy services in Pakistan is an essential topic for businesses, accountants, and tax professionals. It is important to understand the rules and regulations regarding the taxation of accountancy services to avoid any legal complications and to ensure compliance with tax laws. In this article, we will discuss the taxation of accountancy services in

Taxation of Accountancy Services in Pakistan Read More »

Taxation of Investment Advisory Services in Pakistan

Taxation of Investment Advisory Services in Pakistan

Taxation of investment advisory services in Pakistan is a complex topic that requires a thorough understanding of the tax laws and regulations of the country. Investment advisory services refer to the services provided by financial experts to individuals, institutions, and corporations to help them make investment decisions.   Definition of Investment Advisory Services   Investment

Taxation of Investment Advisory Services in Pakistan Read More »

Taxation of Insurance Services in Pakistan

Taxation of Insurance Services in Pakistan

Taxation of insurance services in Pakistan is governed by the Federal Board of Revenue (FBR) and is subject to both federal and provincial taxes. Insurance services are taxed under the Sales Tax Act, 1990, and the Income Tax Ordinance, 2001. The taxation regime for insurance services in Pakistan is complex and varies depending on the

Taxation of Insurance Services in Pakistan Read More »