30/10/2024
Dear friends
Under the budget for financial year 2024-25 lot of aggressive taxation is done to meet the revenue budget estimates. To face such taxation still there is room for tax planning through investment of income earning assets under different heads of income. For example if u are earning yearly interest income of Rs. more than 5 million you will be taxed @ 45% much higher than the previous years tax slab. So you may need tax planning within the tax laws of Pakistan to reduce your tax liability. Any questions are welcome