Taxation

Rental property is a great source of income no doubt about it. However, this income also comes with tax obligations. So, what exactly is rental income according to the FBR? What is tax on rental income, and how do you calculate, pay, and manage it? To get answers to all your queries, read this 3-minute […]

Own a vehicle in Punjab? Whether you ride a motorbike, drive a car, or operate a rickshaw or bus, paying the Punjab token tax is non-negotiable! This tax keeps you on the right side of the law and gives you that all-important sticker for your vehicle. Skip it, and you might find yourself staring down

You’re a freelancer, often working with international clients. So why not take advantage of the perks that come with it? But here’s the thing, you can’t enjoy those benefits until you register with PSEB. Yes, you read that right! PSEB registration is your gateway to endless opportunities, like tax reductions, access to government programs, free

So, you are eligible for tax in Pakistan, and you might be debating whether to file with the FBR or stay a non-filer. While being a non-filer can feel like an easy way out, becoming a filer has its perks and responsibilities. Filing is your badge of being a responsible citizen. But let’s be honest-there

The new fiscal year has arrived, and you might think, “So what?” Well, if you fall within the taxable bracket, it has everything to do with you. This year has brought some mighty changes into the spotlight. One is income tax slabs. Yes, the FBR has rolled out new tax slabs for salaried individuals, business

You’ve paid all your taxes, so there’s no need for further checks, right? Well, mistakes can happen. So, to avoid any nasty surprises, it’s wise to double-check your name on the Active Taxpayer’s List (ATL) from the Federal Board of Revenue (FBR). But how can you do that? Luckily, the FBR’s official website allows individuals

You earn a healthy PKR 100,000 monthly, but your take-home pay is just PKR 80,000. That difference? It’s your taxes at work. Often, tax calculation is not an easy task. But it is vital to understand your tax on salary in Pakistan. It is helpful in many ways. One is what you can deduct will

Did you hear the word “tax,” especially “freelancer tax”? Well, most people, specifically in Pakistan, aren’t familiar with the nitty-gritty details of taxes. Now, throw freelancers tax in Pakistan into the mix, and it can get even more confusing. You’re reading this, so you’re likely a freelancer, considering becoming one, or just curious about the