Section 181 – Income Tax Ordinance 2001

Section 181 – Taxpayer Registration Every taxpayer shall apply in the prescribed form and in the prescribed manner for registration The Commissioner having jurisdiction over a case, where necessitated by the facts of the case, may also register a taxpayer in the prescribed manner. Taxpayer’s registration scheme shall be regulated through the rules to be … Read more

Section 181AA – Income Tax Ordinance 2001

Section 181AA – Compulsory Registration in Certain Cases Notwithstanding anything contained in any law, for the time being in force, any application for Commercial/Industrial Connection of electricity or Natural Gas, shall not be processed and such connection shall not be provided unless the person applying for electricity or gas connection is registered under section 181. … Read more

Section 181A – Income Tax Ordinance 2001

Section 181A – Active Tax Payer’s List The Board shall have the power to institute Active Tax Payers’ list. Active Tax Payers’ list shall be regulated as may be prescribed Illustration: ATL stands for Active Payer List, in this list name of all those NTN’s who have submitted tax return. A person who file Income … Read more

Changes in NTN – National Tax Number

Every individual can do below mentioned changes in NTN issued by FBR. There are few changes which can be done online and you don’t required to visit your concerned tax office. A person can change their registration information recorded for filing Income Tax Return in three (3) possible ways. Changing information through Iris, a person … Read more

WithHolding Agents in Pakistan

WithHolding Agents are those who collect tax on behalf of FBR and deposit in Government Accounts. Every incorporated Company is WHT Agent in Pakistan. While in case of AOP And sole Proprietor whose turnover is more than 50 Million fall in WHT Agent list. Section 153(9) of Income Tax Ordinance  In this section, – “prescribed … Read more

LLP Reigstration in Karachi

A new addition in form of business registration legally in Pakistan is Limited Liability Partnership. The word limited doesn’t mean to be limited scope. It actually limited your legal compliance. Every business man desire to do business with limited liability as it mitigate the risk factor and less legal compliance that save time and energy. … Read more

How to Register a Limited Liability Partnership in Pakistan , Step by Step Process

Limited Liability Partnership  (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. In Pakistan the concept of Limited Liability Partnership was introduced in 2017. Limited Liability Partnership Act, 2017 was promulgate in 2017 and later on rules regulations were formulated for LLP registration in Pakistan. Limited Liability Partnership … Read more

Japanese Companies Registration in Pakistan

Japanese Companies Registration in Pakistan

Japanese Companies Registration in Pakistan There are close bilateral relations between Pakistan and Japan, both countries have common opinion on different regional and international issues. Purpose of the article is to describe Japanese Companies registration in Pakistan- Opportunities and Procedures. Volume of trade between the two countries is around 2 billion US dollars. volatile oil, … Read more

Russian Foreign Company Registration in Pakistan

Russian Company Registration in Pakistan,Russian companies, Foreign Companies in Pakistan

How to Register Russian Company in Pakistan Pakistan and Russia are trying to  boost bilateral cooperation between the two countries in the fields of  energy, trade, commerce, infrastructure, culture and other areas. Both countries are trying to improve relations on the diplomatic front beside it  Russia and Pakistan are also strengthening economic  coordination and cooperation. … Read more