Facebook RSS Reset

Federal Budget 2010-11

Federal Budget 2010-11,Government of Pakistan of Pakistan, Federal Board of Revenue Finance Bill 2010-11 Finance Bill Notes on Clauses Salient Features Customs Income Tax Sales Tax and Federal Excise Amendments in Customs Tariff Amendment...

Restoring faith in Income Tax Department

The Chief Justice of Pakistan, while hearing a case on May 05, 2009, has aptly remarked that the people of Pakistan have lost faith in the Income Tax Department. The loss of faith pointed out by the Chief Justice is not limited to the tax department...

TO FILE OR NOT TO FILE YOUR TAX RETURN- THE NON-COMPLIANCE GAMBLE!

Rule of law and equality before law are hall marks of civilized societies. Laws in money matters are aimed at , inter alia, providing a fiscal balance in the society as well as funds for development of a nation as a whole. Tax laws should be...

Why to know sales tax?

A question is asked few days before Why is it important to know sales tax? Asnwer: it is important because it affects the price of all purchaces the people how are most affected by it are consumers

Income Tax of Pakistan

Tax Structure (Tax System) Taxation System Federal taxes in Pakistan like most of the taxation systems in the world are classified into two broad categories, viz., direct and indirect taxes. A broad description regarding the nature of administration...