As a business owner in Pakistan, it is essential to understand the regulations surrounding sales tax filing. Failing to comply with these regulations can result in penalties and surcharges on the taxpayer. In Pakistan, sales tax filing is more than just a legal obligation. It’s a strategic step toward financial transparency, business growth, and national […]
The Federal Board of Revenue (FBR) in Pakistan is putting up some efforts to improve tax collection and ensure everyone pays their fair share. As a part of this move, now more and more people are starting to receive notices from the FBR. Either in the form of email or SMS. It might feel stressful […]
Receiving a notice from the Federal Board of Revenue (FBR) can feel overwhelming, but your response doesn’t have to be. With the right approach, you can turn a stressful situation into a manageable one. In this guide, we’ll walk you through how to craft a clear, professional, and effective reply that addresses every point raised […]
Receiving a notice from the Federal Board of Revenue (FBR) can feel overwhelming, but your response doesn’t have to be. With the right approach, you can turn a stressful situation into a manageable one. In this guide, we’ll walk you through how to craft a clear, professional, and effective reply that addresses every point raised […]
Living abroad as a Pakistani offers incredible opportunities, but managing taxes back home can feel like a difficult task. So, whether you’re an expat in the UAE, UK, or USA, understanding Pakistan’s tax system is key to staying compliant and maximizing savings. Let’s break down exemptions, filing requirements, and savings strategies for overseas Pakistanis in […]
Pakistan’s Federal Budget 2025 – 2026 was presented in the National Assembly on June 10, 2025. A Rs. 17.6 trillion blueprint to spark economic growth, streamline taxes, and embrace digital transformation. It was designed with IMF guidelines in mind, this budget offers relief to everyday Pakistanis while pushing for fiscal discipline and modernization. Let’s dive […]
Tax exemptions in Pakistan play a key role in reducing the tax burden for individuals, businesses, and organizations. These exemptions are allowed under the Income Tax Ordinance, Sales Tax Act, Customs Act, and Federal Excise Act. They are not just financial reliefs; they are designed to: Promote economic growth and industrial development Ensure food security and support disaster recovery Boost exports and IT services […]
You have probably heard the words filer, non-filer, & late filer; spoken around frequently while it can get irritating. But have you ever stopped to think how important these terms really are? That is why we have broken down the differences between Active Filer, Late Filer, and Non-Filer statuses; explaining what each term means, what causes them, and how […]
Pakistan’s federal budget for the fiscal year 2025 – 2026 has brought rays of hope for salaried individuals, with the government gave some significant income tax relief measures. By revising tax slabs and reducing rates, the Finance Act 2025 – 26 aims to ease the financial burden on low and middle-income earners while addressing economic […]
