What Is Professional Tax In Pakistan What Is Professional Tax Why Is It Important Professional Tax is a tax levied on individuals or class of persons engaged in a profession trade calling or employment in the Province of Punjab 1 Professional Tax isn t a new kid on the block in Pakistan s financial landscape
PROFESSIONAL TAX This tax is levied under the Sindh Finance Act 1964 The basis of this tax is to bring various categories of persons engaged in different trade callings and professions Professional Tax is implemented under the Finance Act 1977 It is a tax levied and collected with respect to earning or income from any profession trade calling or employment for each financial year in addition to any tax rate duty or
What Is Professional Tax In Pakistan
What Is Professional Tax In Pakistan
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Professional Tax Registration What Is Professional Tax How To Apply
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What Is Professional Tax A Complete Guide IndiaFilings
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Professional tax is a form of direct taxation imposed on individuals who earn income from their professional activities or services rendered Professional tax is The cornerstone of Professional Tax in Punjab is the Punjab State Tax on Professions Trades Callings and Employments Act 1975 This legislation empowers the state to impose and collect taxes on various classes of individuals engaged in specified professions and trades
The Punjab Professional and Trades tax is a flat tax collected from persons engaged in particular trades and professions Professional tax is not a tax on income and has no nexus with returns from economic activity or for that matter turnovers or volumes The Professional Tax is administered under the provisions of The Punjab Finance Act 1977 and the Punjab Professions and Trade Tax Rules 1977 This tax is levied and collected on from the persons or class of persons engaged in a profession trade calling or employment in the Province of the Punjab and it shall come into force on and from the
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All establishments including video shops real estate shops agencies card dealers and net cafes assessed or not assessed to income tax in the preceding financial year The Excise Taxation and Narcotics Control Department provides services for collection of various taxes and duties efficiently and effectively and suggests ways and means for additional resource mobilization in the Province Apart from building up of taxpayer s confidence the
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What Is Professional Tax Why Is It Important Professional Tax is a tax levied on individuals or class of persons engaged in a profession trade calling or employment in the Province of Punjab 1 Professional Tax isn t a new kid on the block in Pakistan s financial landscape
https://excise.gos.pk › taxes › professional-tax
PROFESSIONAL TAX This tax is levied under the Sindh Finance Act 1964 The basis of this tax is to bring various categories of persons engaged in different trade callings and professions
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