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A collection of financial, corporate, and taxation stories & insights.

Taxation on IT Sector in Pakistan

Taxation on IT Sector in Pakistan

Export of software/ IT services/ IT enabled services is now subject to 0.25% of export proceeds subject to fulfillment of the following conditions: Registration with PSEB Annual tax return has been filed; Withholding statements have been filed; Sales tax returns for...

Financial Resurgence of Agri Economy in Pakistan

Financial Resurgence of Agri Economy in Pakistan

Agriculture is the quintessence of Pakistan's economy as it provides employment to more than 40% of the national labor and is the source of livelihood for more than 68% of the rural population. Even though it is the most neglected sector in the country. Resultantly,...

Revitalizing the Tax System in Pakistan

Revitalizing the Tax System in Pakistan

Pakistan is a country of  220 million people. Tax evasion is common in the country and just 2.5% of people are enrolled in the tax system, but even fewer actually pay it. When it comes to effectively raising public money via taxation, Pakistan ranks among the least...