All posts by: Awais Aftab

About Awais Aftab

Tax Rates for Companies  Tax Laws of Pakistan are considered too much wide and difficult consulting law or extracting something from law is difficult for a lay man, even if we talk about tax rates or corporate tax rates . Tax rate for companies is 30 % for tax year 2017 , 2018 and onward […]

Steps By Step Process of Filing of Corporate Tax  Return For last several years last date for filing of tax returns for individuals had been extended many times , but as far as companies are concerned filing date for IT-I is hardly extended by Federal Board of Revenue. For tax year 2015 date was extended […]

Partnership   is second oldest form of business, it has its own advantage and disadvantages.The form of business later gave birth to the company form of business, corporation,  which is considered most advanced form of business. Two or more person agreed to share the profit of a business carried on by all or any of […]

Company Registration in Faisalabad Faisalabad is the third largest city of Pakistan; Faisalabad is industrial hub of the Punjab. Beside thousands of power looms, cottage industries and small industrial units , hundreds of  large and heavy industrial setups are working in the city. Faisalabad contributes over 20% toward Pakistan’s annual GDP; therefore, it is often […]

    Company Registration in Multan Multan is fifth largest city of Pakistan, it is like economic  hub of   Southern Punjab. Multan is connected to motorway and national highway. It has good infrastructural and communication facilities. Multan is like commercial capital of southern Punjab as a large area of the region depends upon Multan for […]

How to Become Tax Filer in Pakistan   In order to promote the culture of filing tax returns increased/ higher Withholding Tax (WHT) rates have been introduced for Non-Filers. On banking transaction, sale and purchase of vehicles & property and other many transactions higher WHT . Even on annual token taxes of vehicles additional tax […]

How to Obtain Personal National Tax Number (NTN) National Tax Number and Its Need NTN is necessary for both salaried and business individuals .NTN is required for filing of income tax, being a non filer you attract high/increased withholding tax rate on banking transactions, vehicle purchase, property transactions and vehicle token. If salary of a […]

How to Apply NTN for Partnership/AOP What is National Tax Number (NTN)? National Tax Number is like an identity card of a business it is used to verify the registration of a business with Federal Board of Revenue, the apex tax regulatory authority. NTN is required to open a bank account and to enter in […]

How to Apply Sales Tax Registration for Company What is Sales Tax Registration Number (STRN)? Sales Tax Registration Number is a number allocated by the government of Pakistan to a person/AOP /company, involved in any taxable activity, for charging sales tax on products. Sales tax is an indirect tax, so collected from end users by […]

How to Apply  NTN for Company What is National Tax Number (NTN)? National Tax Number is like an identity card of a business it is used to verify the registration of a business with Federal Board of Revenue (FBR), the apex tax regulatory authority. NTN is required to open a bank account and to enter […]

How to Register Trademark in Pakistan  What is Trademark (TM)? A trade mark is a sign that is used to distinguish business’ goods or services from those of other traders. A trade mark can be represented graphically in the form of your company’s logo or a signature. Intellectual Property organization of Pakistan The only government body that governs rules […]

How to Register Sole Proprietorship in Pakistan Sole proprietorship is ancient form of business organization; it is as old as human civilization. With some merits and demerits, sole proprietorship is easiest to form. Any single person without joining hands with any other person can start a sole proprietorship business in Pakistan. Pakistan is amongst the […]