Your National Tax Number (NTN) is a unique identifier issued by tax authorities to residents. It serves as a crucial tool for recording your financial transactions. Understanding your NTN plays a vital role in navigating your legal obligations effectively. Possessing a valid NTN allows you to participate in the economy. It's also required for com
Understanding Gratuity Taxation in Pakistan
Gratuity taxation in Pakistan can be a complex 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 add it to their overall taxable income for the ye