Being a late filer results in penalties and increased tax rates. This article talks about late filers and how this status can affect them. Who is a Late Filer? Earlier, the FBR had only two categories: Filers and non-filers. The new Finance Bill 2024 announced a new category of late filer. This is done to […]
Taxation is very important for Pakistan’s public and economic development. Most people are unaware of simple tax laws in Pakistan, which has led to errors in their tax filings. Most importantly, understanding the basics of tax laws is also essential. It can cause fewer mistakes and make people more aware. This article will highlight the […]
Tax obligations are an essential aspect of running a business in any country, and Pakistan is no exception. In this blog, we will discuss the different types of taxes that businesses in Pakistan are required to pay, including income tax, sales tax, and others. We will also offer tips for staying compliant and avoiding penalties. […]