What Products / Services are subject to Sales Tax in Pakistan?

Sales Tax in Pakistan is levied at various stages of economic activity at the rate of 0 upto 21 per cent by the government of Pakistan on the following items: all goods imported into Pakistan, […]

What is the Taxable Turnover Limit for Sales Tax Registration in Pakistan?

Every person who makes a taxable supply or engages himself in sales tax chargeable service in Pakistan is required to be registered under the Sales Tax Act, 1990. However if taxable turnover is below five million rupees and also […]

What are Muncipal and Provincial Taxes i.e Non-Federal Taxes in Pakistan?

The various Provincial and Municipal Taxes Applicable in Pakistan and Legislatio are as follows: Provincial Taxes: Professional Tax Property Tax Vehicle Tax Stamp Duty Entertainment Tax Betterment Tax Social Security Contribution Explosive Licence Fee Provincial […]

How are companies in Pakistan taxed?

Pakistan’s taxation system for company’s is based upon two basis i.e. Direct Taxation and Indirect Taxation. Effective rate of tax may differ for company’s depending upon their size, allowances and exemption to particular company/industry, location, […]

What are the Income Tax Rates applicable in Pakistan?

Income Tax Rates applicable in Pakistan.  Following general rates of tax are currently applicable in Pakistan for tax year 2010: Corporate Tax Rate: 0 upto  35% depending on company size and net tax profit In case […]

How is Customs Tax administered in Pakistan Law?

Goods imported and exported from Pakistan are liable to rates of Customs duties as prescribed in Pakistan Customs Tariff. Customs duties in the form of import duties and export duties constitute about 37% of the […]

Is there any Federal Excise Duty and/or special excise duty in Pakistan Law?

Federal Excise duty formerly known as Central Excised Duty is Levied by the government of Pakistan as Federal Tax on the following:  Goods produced or manufactured in Pakistan Goods imported into Pakistan Such goods as […]

Has Pakistan entered into Agreement for Avoidance of Double Taxation with other countries?

The Government of Pakistan has so far signed agreements to avoid double taxation with 47 countries including almost all the developed countries of the world and such agreements are being signed with other countries as well. […]

What are the Federal Taxes Applicable in Pakistan?

Following are major taxes collected vide law and legislation levied by the Pakistan Federal government. Federal Government Taxes: Income Tax Super Tax Wealth Tax Gift tax Turnover Tax Corporate Asset Tax Corporate Income Tax (A) Import […]