Taxation

In modern world there are number of methods available to educate their children. Among all distance education is one of the educational practices where students are enrolled in a registered schools and conduct their academic work at home under the supervision...

The Punjab government has brought as many as 16 more sectors under the ambit of sales tax on services. The newly added sectors include services provided by
 
1) software or IT-based system development consultants,

The Punjab Excise and Taxation Department has started issuance of notices to the owners of the big houses for payment of luxury tax on houses for the FY 2013-14, official sources told Business Recorder on Tuesday. In the Finance Bill 2013-14, the Punjab...

Deductions Not Admissible (Section 21)
 
i) Amount paid or payable on account of any cess, rate or tax levied on profits or gains of business or assessed as percentage or otherwise on the basis of such profits or gains. Tax shall include any tax paid or payable in Pakistan or in a foreign country...