Your National Tax Number (NTN) is a unique identifier issued by the government to residents. It serves as a crucial tool for managing your tax obligations. Understanding your NTN plays a vital role in completing your tax responsibilities effectively. Possessing a valid NTN allows you to participate in the economy. It's also required for employers
Grasping Gratuity Taxation in Pakistan
Gratuity taxation in Pakistan is often misunderstood for both employers and employees. A gratuity is a sum given to an employee upon termination of their service, usually based on their length of service and salary. Under Pakistani law, this gratuity is subject to taxation, meaning that the recipient must include it in their overall taxable income