August 2024

Understanding the Benefits of Becoming a Filer 📊

individuals and businesses alike. Whether you’re just starting your journey or are already a registered filer, knowing the advantages and responsibilities that come with this status can significantly impact your financial health. This article explores the benefits and drawbacks of becoming a filer, including tax implications and registration processes, ensuring you are well-informed about your […]

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How to Setup an LLC Company in Dubai: A Comprehensive Guide 🌍

Welcome to the ultimate guide on setting up your own LLC company in Dubai! If you’re an aspiring entrepreneur looking to establish a presence in one of the fastest-growing business hubs in the world, you’re in the right place. This blog is based on my recent video, where I discussed the ins and outs of

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tax return 2024.

Tax Return 2024: A Comprehensive Guide for Salary Persons

Filing your income tax return can seem daunting, especially for salary persons in both government and private sectors. However, understanding the process can simplify this task significantly. In this guide, we will walk through the essential steps to file your tax return for 2024 effectively. Understanding the Tax Return 2024 Before diving into the specifics

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tax filing status

Right to Know about the FBR Late Filer Status in Pakistan

Guide to FBR Late Filer Status in Pakistan In Pakistan, the Federal Board of Revenue (FBR) has clear rules about filing tax returns that significantly impact your financial dealings. Whether you are a “filer” or “non-filer” can influence things like withholding tax rates on banking transactions and property purchases. Recently, the FBR introduced changes affecting

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Tax Proposal   Implications and Alternatives"

IMF’s 45% Agricultural Tax Proposal   Implications and Alternatives”

Introduction The recent proposal by the International Monetary Fund (IMF) to impose a 45% tax rate on agricultural income in Pakistan has sparked significant debate. The IMF’s recommendation comes as part of a broader set of fiscal reforms aimed at addressing Pakistan’s economic challenges and income disparities. This article delves into the implications of this

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