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 […]

That would be 200$!

Client enters the famous law chamber and asks to meet the partner. On meeting the partner of the law firm the client asks:  Can you tell me how much you charge? “well certainly”, the partner replies […]

How to Register a Company in Pakistan?

Company registration in pakistan remains the most favored form of business organisations in Pakistan. Incorporation of a company really helps boost up business for medium as well as large-scale business enterprises. Legal regime for establishment and regulation of […]

What is a Patent?

Before commencing on patent registration in pakistan, one must first understand what a patent actually is. In pakistan law like most of countries in the world, a patent is a grant from the Government, which […]

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 […]

List of Banks in Pakistan

Pakistan Boast’s on a strong network of Local and International Banks. Masood and Masood works closely with many a banks, therefore if you need any assistance in communicating with your bank or want to settle […]

Partnership Registration in Pakistan

WHAT IS A PARTNERSHIP? Before we talk about partnership registration/formation in Pakistan, we must first understand what a partnership actually is? A partnership is a type of business entity in which partners (owners) share with […]

Nawaz Sharif, Lawyer turned Politician Quotes

It is not a sad day … it is the darkest, gloomiest day in the history of this country. (on the assassination of Benazir Bhutto) • “I am not fearful, I am fearless.” — speaking […]

Law: As we heard it

Laws or ordinances unobserved, or partially attended to, had better never have been made. GEORGE WASHINGTON, letter to James Madison, Mar. 31, 1787 Bad laws are the worst sort of tyranny. EDMUND BURKE, speech at Bristol […]