What is Form 26 of SECP?

Form 26 is a statutory form mandated by the Securities and Exchange Commission of Pakistan (SECP) for companies that have passed a special resolution. This form serves as a formal notification to the registrar regarding the details of the resolution, ensuring compliance with the Companies Act of 2017. Understanding Form 26 is crucial for company … Read more

Tax Slab 2024-2025: Understanding the FBR Pakistan Framework

Navigating the intricacies of tax regulations is essential for both individuals and businesses in Pakistan. The Federal Board of Revenue (FBR) has outlined specific tax slabs for the fiscal year 2024-2025, which reflect significant changes aimed at addressing the country’s economic challenges. In this blog article, we will explore about the details of these tax … Read more

Tax Calculator 2023-24 for FBR Pakistan

Understanding your tax obligations is crucial for both individuals and businesses in Pakistan. The Federal Board of Revenue (FBR) provides tools and resources to help taxpayers calculate their dues accurately. In this blog post guide, we will explore about the tax calculator for the fiscal year 2023-24, detailing how it works, the applicable tax slabs, … Read more

Tax on rental income

Taxation on rental income in Pakistan is a significant aspect of the country’s tax system, affecting both individual landlords and corporate entities. In this blog article, we aims to provide a comprehensive overview of the tax implications, rates, allowable deductions, and strategic considerations for property owners in Pakistan. Overview of Rental Income Taxation In Pakistan, … Read more

Tax on Salary in Pakistan: An In-Depth Overview

Understanding the tax system in Pakistan, particularly regarding salary taxation, is crucial for salaried individuals and employers alike. In this blog article, we will discuss about the current income tax slabs, implications for taxpayers, and the broader context of tax policies in Pakistan. The Structure of Income Tax in Pakistan Income tax in Pakistan is … Read more

FBR Income Tax Slabs

The Federal Board of Revenue (FBR) in Pakistan has established new income tax slabs for the fiscal year 2024-2025. These changes reflect the government’s ongoing efforts to adjust tax rates in response to economic conditions, inflation, and the financial burden on salaried individuals. In this blog post guide, we will provide you a comprehensive overview … Read more

Documents Required for Income Tax Return in Pakistan

Filing income tax returns is a crucial responsibility for individuals and businesses in Pakistan, especially for those earning above a specified threshold. Understanding the necessary documentation is essential to ensure compliance with tax regulations and to avoid penalties. In this blog post guide, we will provide you with a detailed overview of the documents required … Read more

Tax on Prize Bonds in Pakistan: A Comprehensive Guide

Prize bonds have long been a popular investment choice in Pakistan, offering individuals the chance to win substantial cash prizes while also providing a secure means of saving. However, recent changes in taxation policies have raised questions among investors about how their winnings will be taxed. In this blog article, we will explore about the … Read more

How to Register Your Small Business in Pakistan

Starting a small business in Pakistan can be an exciting venture, but navigating the registration process can often seem daunting. In this blog post guide, we will walk you through the steps required to register your business, ensuring that you are well-informed and prepared to take the necessary actions. Understanding the Importance of Business Registration … Read more

Understanding Non-Resident Pakistanis: A Comprehensive Guide

Non-resident Pakistanis play a significant role in the country’s economy and culture, contributing through remittances, investments, and cultural exchanges. In this blog article guide, we will explore about the intricacies of being a non-resident Pakistani, covering taxation, lifestyle, community engagement, and more. What Defines a Non-Resident Pakistani? A non-resident Pakistani is typically someone who holds Pakistani citizenship … Read more