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 Environment. We are frequently called upon to express our opinion on Legal , Compliance and Marketting Matters by various companies/individuals. Many Lawyers/Attorneys/Consultants and Solicitors bring disgrace to the profession by charging huge amounts for basic questions of Law. To discourage such practice, we are introducing this section to answer the most basic questions. Please feel free to ask.
Effective Planning with Prompt and decisive leadership having clearcut goals are the keys to success in any business and the same is the case in Pakistan. Pinpointing exactly every area is difficult as businesses vary due to business nature, business leader , business size, business morals and so on. The following key points should be kept in […]
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. These agreements lay down the ceilings on tax rates applicable to different types of income arising in Pakistan. They also […]
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 and tax non-deductibles. b) Final Tax Regime (FTR) previously known as presumptive tax regime (PTR) which is lesser than normal […]