Wednesday, October 17, 2018

                              TAXATION SYSTEM IN PAKSITAN

In Pakistan Taxation system is complex due to variation in Laws frequently approved by Parliament of Pakistan.

The Income derivd from Taxation is distributed between Federal and Provincial Government under  the Commission that is under the supervision of president of Pakistan.

In Pakistan normally Tax is collected through


1  Income Tax 

2 Customs Act ,1990

3 Federal Excise Act, 1990

Income Tax is furthered categorised into 

01. Direct Tax

02. Indirect Tax

Direct Tax includes five heads of Income

01. Business Income

2. Salary Income

03. Capital Gain

04. Rental Income

05. Income from other sources         & 

Indirect tax include tax that is not directly charged to income such as 

Sales Tax Act ,1990








No comments:

Post a Comment