pressbook domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/masoodan/public_html/wp-includes/functions.php on line 6114pressbook domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/masoodan/public_html/wp-includes/functions.php on line 6114
(Corporate, Tax & Legal Consultants) – Pakistan Based Law Firm
Taxes in Pakistan have a large spectrum which include taxes at muncipal level upto Federal Level. Legislation and Law exists to regulate all type of taxation. A broad description regarding the nature of administration of these taxes is explained below: Direct Taxes Direct taxes primarily comprise income tax, alongwith supplementary role of wealth tax. For the…
Read More “How is the taxation system structured in Pakistan?” »
The Steps to formation/incorporation of a company in pakistan are as follows; Seek Approval from the concerned ministry if special permission before incorporation/formation of a company in Pakista is required Seek approval for the availability of the proposed name. File a range of documents to the Registrar which varies from company to company depnding on whether it is a single member company,…
Read More “What are the Steps/Process for Company Formation/Incorporation in Pakistan?” »
A person who intends to start/form a business in pakistan can work as any of the following given proper approvals and licenses are acquired by the individual/person : A sole trader A sole service provider A partnership (partnership can be from two members to twenty members) usuall Doctors, Accountants and Lawyers An association not for profit A…
Read More “What are the types of Businesses a person / company can start in Pakistan?” »
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, payable by the importers; all supplies made in Pakistan by a registered…
Read More “Sales Tax Registration and Payment in Pakistan” »
Law applicable in Pakistan is predominantly Inherited from the British, however several amendments and new legislation has been brought in to Pakistan to cater the needs of a more dynamic pakistan, therefore, employing a qualified and experienced lawyer to assist you in the dynamic world Masood & Masood will always stand out for you. The…
18th Amendment Apr 9: The National Assembly on Thursday unanimously approved the 18th Amendment Bill. Following is the full text of the bill.TO BE INTRODUCED IN THE NATIONAL ASSEMBLY further to amend the Constitution of the Islamic Republic of Pakistan WHEREAS it is expedient further to amend the Constitution of the Islamic Republic of Pakistan…
Read More “18th Amendment to the Constitution of Pakistan” »
2010 M L D 229 [Lahore] Before Ijaz Ahmad Chaudhry, J MUHAMMAD SHAFIQUE—Petitioner Versus THE STATE—Respondents Criminal Miscellaneous No. 8747-B of 2009, decided on 7th August, 2009. Criminal Procedure Code (V of 1898)— —-S.498—Penal Code (XLV of 1860), Ss.419, 420, 467 & 471—Cheating, forgery and using as genuine forged documents—Pre-arrest bail, refusal of—In the present…
Read More “Muhammad Shafique Vs The State (2010 M L D 229)” »
2010 C L D 274 [Lahore] Before Umar Ata Bandial, J ZESHAN JAMIL—Petitioner Versus JUDGE BANKING COURT, FAISALABAD and 2 others—Respondents Writ Petition No. 8096 of 2009, decided on 9th July, 2009. Financial Institutions (Recovery of Finances) Ordinance (XLVI of 2001)— —-S.16(3)—Constitution of Pakistan (1973) Art.199—Constitutional petition—Obtaining property through finance lease—Taking over of possession of…
Read More “Zeeshan Jamil Vs Judge Banking Court Faislabad (2010 C L D 274)” »
BUDGET 2009-10 TAX COMMENTRY ON FINANCE, BILL 2009′ BUDGET 2009-10 TAX COMMENTRY ON FINANCE, BILL 2009 MASOOD & MASOOD (CORPORATE & LEGAL CONSULTANTS) June 13, 2009 MOVING PAKISTAN’S TRAIN The point to remember is that what the government gives it must first take away. ~John S. Coleman, address, Detroit Chamber of Commerce, 1956…
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 on 12th May, 2009. Criminal Procedure Code (V of 1898)— —-S.497—Penal Code (XLV of 1860), Ss.420, 467, 468,…
WhatsApp us