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Sales tax is one of the primary sources of revenue for the Government of Pakistan. It is a consumption-based tax levied on the supply of goods and services. For businesses
Let me tell you about Shahid’s worst breakfast ever. His phone buzzed with a bank notification. He’d withdrawn money to buy a plot of land, and the bank just charged
Introduction When starting a business in Pakistan, one of the most critical decisions you’ll make is choosing the right business structure. Should you operate as a sole proprietor, form a
The Office Lunch That Changed Everything about Income Tax Return Kamran and his colleague Hamza were having lunch when Hamza casually mentioned, “Yaar, I just got my tax refund Rs.
The Rs. 200,000 Mistake regarding NTN Let’s imagine a situation. Asad was celebrating. He’d just sold his old plot in Lahore for Rs. 45 lakh—a decent profit after holding it
Introduction Every year, millions of Pakistanis receive text messages from the Federal Board of Revenue (FBR) reminding them to file their income tax returns. Some ignore these messages, thinking they
