How will i get taxed in Pakistan, Directly or Indirectly?

In Pakistan two tax regimes are working in income tax and tax liability is the sum of the two. a)      Normal Tax Regime (NTR) calculated on the basis of net profit adjusted for tax deductibles […]

What is the step by step process of establishing a business in Pakistan?

Business Startups in Pakistan require a host of corporate formalities which may vary due to Legal Person Involved : Individual , Partnership , Company or else. Residence status of the legal person: Non-residents may require […]

M&M Exclusive

Masood & Masood (Corporate & Legal Consultants) has grown from a speck in Pakistan Legal and Corporate Consultancy firms to one of the most reliable law firms practicing in Pakistan. All this is attributable to […]

Frequently Asked Questions

Masood & Masood (Corporate and Legal Consultants) is a top notch consultancy firm in Pakistan, providing business solutions with both technical and Legal Support. The Firm has extensive knowhow of the best practices in Pakistan Business […]

Amjad Ali Vs The State (2010 Y L R 512)

 2010 Y L R 512   [Lahore]   Before Khawaja Muhammad Sharif, C. J. and M.A. Zafar, J   AMJAD ALI—Petitioner Versus   THE STATE and another—Respondents   Criminal Miscellaneous No. 3811/B of 2009, decided […]

2006 P T D (Trib.) 2291 – Goodwill Assessed

 2006 P T D (Trib.) 2291  [Income-tax Appellate Tribunal Pakistan] Before Khawaja Farooq Saeed, Chairperson and Shaheen Iqbal, Accountant Member I.T.A. No.1640/KB of 2004, decided on 24th March, 2006. (a) Income Tax Ordinance (XXXI of […]