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The IRS was established to manage domestic taxation in Pakistan, which includes the administration of Sales Tax, Income Tax, and Federal Excise Duty. This initiative was a pivotal part of a larger undertaking aimed at enhancing tax administration and boosting revenue collection within the country.
The period from July 1 to June 30 is considered as a normal tax year for Pakistan tax law purposes. Income Tax: This tax is levied on the income of individuals, associations of persons (AOPs), and corporations. For instance, individuals earning less than PKR 600,000 annually are exempt from income tax, while those with annual earnings exceeding ...
The Federal Board of Revenue (FBR) (Urdu: وفاقی بورڈ محصولات), formerly known as Central Board of Revenue (CBR), is a federal law enforcement agency of Pakistan that investigates tax crimes, suspicious accumulation of wealth, money-laundering make regulation of collection of tax. FBR operates through Inspectors-IR that keep tax ...
To decipher the tax impact of charitable donations, we spoke to a few tax experts to share their insights as well as their best advice to ensure you’re getting the full tax benefit of your ...
The following list of countries by charitable donation, prima facie, measures the generosity of nations by showing the total charitable donations from individuals within the nation, as a percentage of the nation's GDP.
The Pakistan Centre for Philanthropy (PCP) is an independent not-for-profit support organisation based in Islamabad, Pakistan. Founded in 2001, PCP is promoting indigenous philanthropy for social development across the country, and is probably the first philanthropy-support organisation in the Islamic world.
Alamgir Welfare Trust (Urdu: عالمگیر ٹرسٹ) is a social welfare organization and charity in Karachi, Pakistan which provides services in a wide variety of domains including health, education and feeding the underprivileged, etc. It was established in 1993 and is headquartered at Bahadurabad, Karachi. [1]
Adventist Development and Relief Agency Pakistan; AFS Intercultural Exchanges; American Himalaya Foundation; Arab-Pakistani Fund; Akhuwat Foundation; Asian Human Rights Development Organization; Association for the Development of Pakistan; Aurat Foundation; Aga Khan Rural Support Programme; ACTED