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October 10, 2019

The Provident Funds Act 1925

The Provident Funds Act 1925 The Provident Funds Act 1925: An Act to amend and consolidate the law relating to Government and other Provident Funds. WHEREAS it […]
October 9, 2019

Provident Fund Registration Pakistan

Provident Fund Registration Pakistan Provident Fund Registration Pakistan: Provident fund is a very common retirement plan to benefit the employees, which is contributory in nature and […]
September 27, 2019

What is Psychometric Testing

What is Psychometric Testing? What is Psychometric Testing? Psychometric tools are instruments that attempt to provide objective measures of a wide range of human behaviors including: […]
September 22, 2019

Protection of Economic Reforms Act 1992

Protection of Economic Reforms Act 1992 Protection of Economic Reforms Act 1992: The following Act of Majlis-e-Shoora (Parliament) received the assent of the President  on the 23rd […]
September 22, 2019

Tax on Behbood Saving Certificate

Tax on Behbood Saving Certificate Tax on Behbood Saving Certificate: The Federal Board of Revenue (FBR), through SRO.1217(I)/2017, has exempted tax from provisions of section 7B of […]
September 20, 2019

What is included in SAP Training in Lahore

What is included in SAP Training in Lahore User Level Training on Business One ERP Leaning Modules Administration Change Company  Change Password Financial (Class + Practical) […]
September 20, 2019

The Punjab Agricultural Income Tax Act 1997

The Punjab Agricultural Income Tax Act 1997 The Punjab Agricultural Income Tax Act 1997 Section 1 Short title and commencement Section 2 Definitions. Section 3 Charge of agricultural income tax […]
September 15, 2019

Key Challenges in Retail Recruiting

Key Challenges in Retail Recruiting Key Challenges in Retail Recruiting: Retail recruiting is is a term used for finding and hiring the right job candidates in retail […]
September 23, 2018
CPEC

Tax Consultancy for CPEC Projects

Tax Consultancy for CPEC Projects Government of Pakistan approves attractive tax exemptions for Gwadar port operators which did not rule out the opportunity of tax consultancy […]
September 20, 2018
Basic Concepts of Taxation in Pakistan, Starting Business in Pakistan

Time limitation for Best Judgement assessments

Time limitation for Best Judgement assessments under section 121 of the Ordinance to be extended Section 121(3) Time limitation for Best Judgement assessments: In terms of proviso […]
September 20, 2018
Basic Concepts of Taxation in Pakistan, Starting Business in Pakistan

Taxpayers filing returns in Azad Kashmir and Gilgit

Taxpayers filing returns in Azad Kashmir and Gilgit Baltistan to be treated as filers under the Income Tax Ordinance, 2001. Section 2(23A) Taxpayers filing returns in […]
September 20, 2018
Basic Concepts of Taxation in Pakistan, Starting Business in Pakistan

Tax on sale of certain petroleum products Section 236HA

Tax on sale of certain petroleum products Section 236HA Tax on sale of certain petroleum products Section 236HA: As per section 156A, every person selling petroleum products […]
September 20, 2018
Basic Concepts of Taxation in Pakistan, Starting Business in Pakistan

Stay of recovery by Appellate Tribunal

Stay of recovery by Appellate Tribunal Inland Revenue [Section 131(5)] Stay of recovery by Appellate Tribunal: The Appellate Tribunal, in terms of sub-section (5) of section 131 […]
September 20, 2018
Basic Concepts of Taxation in Pakistan, Starting Business in Pakistan

Alternative Dispute Resolution mechanism Section 134A

Alternative Dispute Resolution mechanism Section 134A Alternative Dispute Resolution mechanism Section 134A: The concept of Alternative Dispute Resolution was introduced through the Finance Act, 2004 by inserting […]
September 20, 2018
Basic Concepts of Taxation in Pakistan, Starting Business in Pakistan

Reduction in tax rate on undistributed profit

Reduction in tax rate on undistributed profit [Section 5A) Through Finance Act 2017, section 5A was amended and a tax @ 7.5% was imposed on public […]
September 20, 2018
Basic Concepts of Taxation in Pakistan, Starting Business in Pakistan

Reduction in rates of tax for AOPs

Reduction in rates of tax for AOPs [Paragraph (2), Division I, Part I of the First Schedule Reduction in rates of tax for AOPs: Prior to the Finance […]
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