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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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Legal advice for freelancers starting a business

Legal Advice for Freelancers Starting a Business

Introduction Understanding Freelance Contracts Freelance contracts are the bedrock of your business. They define the terms of your services, payment schedules, and responsibilities, protecting both you and your client. A well-drafted contract mitigates risks and prevents misunderstandings. A freelance contract should include: Scope of Work: Clearly define the tasks you will undertake.Payment Terms: Specify the

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The Difference Between NTN and Income Tax Return Filing

Introduction NTN and Income Tax Return Filing Understanding the difference between NTN (National Tax Number) holders and income tax return filers is very important for taxpayers. The purpose of this blog is to clarify the associated differences, benefits, and responsibilities for each. What is NTN? NTN stands for National Tax Number. It is a unique

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