Business Registration in Pakistan: A Comprehensive Guide
Starting a business in Pakistan can be an exciting yet intricate journey. Understanding the business registration process is crucial for aspiring entrepreneurs. In this blog post guide, we will provide you an in-depth look at the steps involved in registering a business in Pakistan, the necessary documentation, and some frequently asked questions to help you […]
Understanding Advance Tax in Pakistan: A Comprehensive Guide
Advance tax, particularly in the context of the Federal Board of Revenue (FBR) in Pakistan, plays a crucial role in the country’s tax system. In this blog article, we will explore about the intricacies of advance tax, its implications for taxpayers, and how it operates within the framework of the FBR. What is Advance Tax? […]
Understanding Memorandum and Articles of Association
When forming a company, two crucial documents come into play: the Memorandum of Association and the Articles of Association. These documents serve as the foundation for a company’s legal structure, defining its purpose, governance, and operational framework. In this blog post, we will delve into the details of these documents, their significance, and how they interact within the […]
What is FBR in Urdu: Understanding the Federal Board of Revenue (FBR) in Pakistan
The Federal Board of Revenue (FBR), known in Urdu as وفاقی بورڈ محصولات, plays a crucial role in the fiscal landscape of Pakistan. Established to oversee tax collection and enforcement, the FBR is integral to the country’s economic framework. In this article, we will explore about the functions, history, significance, and challenges faced by the […]
Understanding Section 151 of the Income Tax Ordinance: A Comprehensive Guide
The Income Tax Ordinance is a crucial piece of legislation that governs how income tax is levied in various jurisdictions. Among its many provisions, Section 151 plays a significant role in regulating tax deductions at the source. In this blog article, we will explore and discuss about the intricacies of Section 151, exploring its implications, […]
How to Become a Tax Filer with the Federal Board of Revenue (FBR) in Pakistan
As a responsible Pakistani citizen, it is our duty to comply with the country’s tax laws, particularly if you have a business or earn a taxable income. Becoming a tax filer not only contributes to the development of Pakistan but also offers numerous benefits, such as lower withholding tax rates, eligibility for tax exemptions and […]