The imposition of withholding tax (WHT) on cash withdrawals in Pakistan has become a significant aspect of the country’s tax system, particularly affecting individuals who are not registered as active taxpayers. In this blog article, we will explore about the details of the WHT on cash withdrawals, its implications for non-filers, and the broader context … Read more
The real estate sector in Pakistan has undergone significant changes with the introduction of new property tax regulations as part of the 2024 budget. In this blog article, we will discuss and share information to provide you with an in-depth understanding of the new property tax landscape, including rates, implications for different stakeholders, and recommendations … Read more
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
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
Understanding the distinction between salary returns and normal returns is crucial for taxpayers, especially in jurisdictions like Pakistan where tax laws can be complex. In this blog article, we will explore about the definitions, filing processes, and implications of both types of returns, providing a comprehensive guide for salaried individuals and other taxpayers. What is … Read more
Starting a business in Pakistan can be an exciting and rewarding venture for aspiring entrepreneurs. With a population of over 220 million people and a growing economy, Pakistan offers numerous opportunities across various industries. However, navigating the process of establishing a company requires careful planning and understanding of local regulations. This comprehensive guide will walk … Read more
To successfully register a company in Pakistan, entrepreneurs must navigate a structured process that involves preparing and submitting various documents. In this blog post guide, we will discuss about the essential documents required for company registration, the steps involved in the registration process, and additional considerations for new business owners. Understanding Company Registration in Pakistan … Read more
In Pakistan, income tax on salary is a crucial aspect of the tax system that affects millions of salaried individuals. The government levies taxes on salaries to generate revenue for public welfare and development projects. As a salaried individual, it is essential to understand how income tax on salary works in Pakistan, including the applicable … Read more
Pakistan has established a framework for duty-free imports to facilitate trade, encourage tourism, and support specific industries. Understanding the categories of items eligible for duty-free import can be crucial for travelers, businesses, and importers. In this article, we will provide a comprehensive overview of the duty-free import items in Pakistan, including relevant regulations, benefits, and … Read more
This Company Income Tax Calculator helps businesses in Pakistan estimate their annual corporate tax liability under FBR rules for tax year 2025-26. It covers Small Companies (20%), Banking Companies (39%), and all other companies (29%), along with the 17% Alternate Corporate Tax (ACT) under Section 113C where applicable. Use the reference rate table below to … Read more
