Profit on Debt under Pakistan’s Income Tax Ordinance– Calculator
Profit on debt refers to any interest, yield, or return earned on financial instruments, loans, bonds, or deposits.
The 2026‑27 budget adds a provincial services tax to Pakistan’s existing federal sales tax, creating a dual‑rate system. This guide explains the new rates, input tax credit rules,…
Profit on debt refers to any interest, yield, or return earned on financial instruments, loans, bonds, or deposits.
he Federal Board of Revenue (FBR) in Pakistan offers several tax rebates, credits, and refunds to eligible taxpayers.
The Federal Board of Revenue (FBR) has started issuing notices to teachers and researchers, demanding the payment of 100% income…
Pakistan's leading tractor manufacturer, Millat Tractors Limited (MTL), has strongly opposed the Federal Board of Revenue's (FBR) Rs18 billion sales…
In today's digital era, mobile devices are indispensable, making it crucial to comply with local regulations when acquiring new devices…
As international travelers planning to visit Pakistan, it is essential to understand the country's mobile device registration requirements to ensure...
Filing an income tax return in Pakistan is a crucial responsibility for individuals and businesses alike.
The Federal Board of Revenue (FBR) is grappling with a significant revenue shortfall of Rs468 billion during the first seven…
The wait is almost over as Samsung's Galaxy S25 series, including the Galaxy S25, S25 Slim, and S25 Ultra, is…
Navigating tax registration can be daunting, but registering with Pakistan's Federal Board of Revenue (FBR) is a crucial step for…