by Muhammad Taha Farooq | Jul 19, 2025 | Educational, Pakistan Tax, Tax Related
Sections 231AA and 236P impose advance tax on banking transactions, mainly targeting non-filers in Pakistan. This post explains how banks deduct tax, who is affected, and how filers can avoid these deductions.
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.
by Muhammad Taha Farooq | Jul 15, 2025 | Educational, Pakistan Tax, Tax Related
Section 233 deals with advance income tax collected at the time of sale of immovable property in Pakistan. This guide explains who pays the tax, applicable rates, filer vs non-filer treatment, and how to adjust it in the annual tax return.