Navigating Pakistan’s tax landscape can be daunting, especially when the Federal Board of Revenue (FBR) questions the source of your funds or assets. Section 111 of the Income Tax Ordinance, 2001 is […]
Many taxpayers in Pakistan believe that if they don’t personally receive a notice, it doesn’t count. This is a dangerous misconception. With updated regulations for the tax year 2026, the Federal Board […]
Tax compliance is a critical responsibility for every citizen and business in Pakistan. Yet, many taxpayers underestimate the enforcement powers of the Federal Board of Revenue (FBR), particularly when it […]
Taxation and Filing for Freelancers in Pakistan Freelancer Income Tax Calculator (2025) Annual Income: Currency: PKRUSD Expenses (optional deduction): Filing Status: IndividualCompany Calculate Tax Taxation is a crucial aspect for […]
Gift Taxation A transfer of property, money, or assets from one person to another without any consideration or compensation. This means that the person receiving the gift does not provide […]
Overview of Brokerage House A brokerage firm facilitates the process of investing and transacting on the Pakistan Stock Exchange (PSX) by helping individuals open accounts. Acting as an intermediary, the […]
What is short selling of Securities? Short Selling of securities is a process of Lending and Borrowing of Securities as defined in Rule13P(h) of Income Tax Rules, 2002 Tax Treatment […]
Concept of Small and medium enterprise “Small and medium enterprise” – sub-section 59A of section 2 – means a person who is engaged in manufacturing as defined in clause (iv) […]
What is cryptocurrency and how does it work to make profits? Cryptocurrency is a type of digital or virtual currency that uses cryptography for security and operates on a decentralized […]
Tax Regime is a mood of charging Income Tax under the Income Tax Ordinance, 2001 Following are the commonly known Regimes Want to stay up to date with tax and […]
