by Muhammad Taha Farooq | Jul 18, 2025 | Educational, Pakistan Tax, Tax Related
Section 148 governs advance income tax collected at the import stage in Pakistan. This guide explains how import tax is calculated, who pays it, filer vs non-filer treatment, and how it is adjusted in annual tax returns.
by Muhammad Taha Farooq | Jul 17, 2025 | Educational, Pakistan Tax, Tax Related
Section 147 explains advance income tax in Pakistan. This guide covers who is liable, how advance tax is calculated, payment in installments, adjustment in annual returns, and penalties for non-payment.
by Muhammad Taha Farooq | Jul 16, 2025 | Educational, Pakistan Tax, Tax Related
Section 153 governs withholding tax on payments for goods, services, and contracts in Pakistan. This post explains who must deduct tax, applicable rates, nature of tax, and proper reporting in tax returns.