M. Waqas & Co.

M. Waqas & Co. Result Driven Consulting
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Still waiting until the end of the month to see your profit margins? 📉 🛑​With SAP Business One, you get a "crystal ball"...
10/05/2026

Still waiting until the end of the month to see your profit margins? 📉 🛑
​With SAP Business One, you get a "crystal ball" for your business. Monitor your cash flow, stock levels, and project costs in real-time—not weeks later.
​Ditch the manual entry errors and reclaim your time. 🕒
​Comment "DEMO" below if you’re ready to see SAP B1 in action! 👇

Start Your Business Let us manage Your Finance. Remain Stress Free. M. Waqas & Co. Icma Faisalabad Campus ICMAP Odoo SAP...
10/05/2026

Start Your Business Let us manage Your Finance. Remain Stress Free.
M. Waqas & Co.
Icma Faisalabad Campus
ICMAP
Odoo
SAP

05/02/2026

We are looking for a professional, hardworking, and punctual Accountant/Bookkeeper to join our firm on a full-time basis. The ideal candidate will play a key role in maintaining accurate financial records, ensuring timely data entry, and supporting management through reliable financial reporting.
This role requires someone who is detail-oriented, disciplined, and capable of working independently while meeting daily deadlines.
Key Responsibilities
Perform day-to-day bookkeeping and accounting entries
Maintain accurate records in QuickBooks
Handle data entry of financial transactions (sales, purchases, expenses, bank entries)
Prepare basic financial reports and summaries
Reconcile bank statements and ledgers
Maintain proper documentation and filing of financial records
Use Microsoft Excel for reporting, reconciliations, and data analysis
Support management with ad-hoc financial and accounting tasks
Ensure accuracy, confidentiality, and compliance with internal procedures
Required Qualifications
B.Com or M.Com (mandatory)
Practical experience in bookkeeping and accounting
Hands-on experience with QuickBooks
Strong working knowledge of MS Excel
Good understanding of accounting fundamentals
Strong attention to detail and accuracy
Candidate Profile
Professional, hardworking, and punctual
Reliable and disciplined with a strong work ethic
Able to manage routine accounting work efficiently
Willing to take ownership of responsibilities
Must be residing near Thokar Niaz Baig or surrounding areas (preferred for commute convenience)
What We Offer
Market-competitive salary (PKR 50K–60K)
Stable working hours (9:00 AM – 5:00 PM)
Professional work environment
Opportunity to grow with the firm based on performance.
Please Whatapp Your CVs.

I've just reached 100 followers! Thank you for continuing support. I could never have made it without each one of you. 🙏...
24/01/2026

I've just reached 100 followers! Thank you for continuing support. I could never have made it without each one of you. 🙏🤗🎉

📢 Important Tax Information for Business Owners & TradersUnder the Income Tax Ordinance, income earned from trade, manuf...
19/12/2025

📢 Important Tax Information for Business Owners & Traders

Under the Income Tax Ordinance, income earned from trade, manufacturing, profession, or any commercial activity is classified as Business Income. Correct understanding of this classification is critical to ensure accurate tax reporting and compliance.

🔍 What falls under Business Income?
✔ Profits and gains from business activities
✔ Income from sale of goods or provision of services
✔ Lease or rental income from business assets
✔ Management and service fees
✔ Income from cooperative societies

⚠️ What is NOT included?
❌ Employment or salary income

📊 Speculation vs Non-Speculation Business:

Speculation Business includes non-delivery trading, futures settled in cash, and price-difference contracts

Non-Speculation Business includes hedging, jobbing, and arbitrage carried out for risk management in the normal course of business

📌 Why this information matters:
Proper classification helps avoid tax disallowances, penalties, and unnecessary audits.

Stay informed. Stay compliant.
For professional guidance, consult your tax advisor.

Mustafa PackagesAbdul Salam AwanAaqib HassanICMAP

07/12/2025

Contact for Professional Services.

Computation of Taxes When==> Assets Transfer From Individual to Company.==> Assets Transfer From AOP to Company.==> Asse...
30/11/2025

Computation of Taxes When

==> Assets Transfer From Individual to Company.

==> Assets Transfer From AOP to Company.

==> Assets Transfer Between Wholly Owned Companies.

==> Change in Control of Entities.

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🚀 Understanding the “Principles of Taxation of Persons” in Pakistan — A Quick BreakdownIn today’s evolving regulatory la...
29/11/2025

🚀 Understanding the “Principles of Taxation of Persons” in Pakistan — A Quick Breakdown

In today’s evolving regulatory landscape, it’s critical for individuals, professionals, and businesses to stay aligned with the core tax principles defined under Pakistan’s Income Tax Ordinance. I recently compiled a structured overview summarizing how taxation applies across different categories — and here are the key insights:

📌 Individuals (Section 86)
Each person is taxed on their own income profile. No joint assessment — clarity and accountability remain the cornerstone.

📌 Deceased Individuals (Section 87)
Tax liability doesn’t end at death. The legal representative steps in to ensure compliance and settlement of dues from the estate.

📌 Members of an AOP (Section 88)
AOP profit shares may be exempt from tax for individuals with no other taxable income, while others use it for rate-purpose inclusion only.

📌 Authors (Section 89)
Long-term literary work? Authors can spread income over three years for a smoother tax impact.

📌 Income of Minor Children (Section 91)
Minor income is clubbed with the higher-earning parent—except inherited or non-business income.

📌 Income Splitting (Section 90)
Revocable transfers remain taxable to the transferor. Anti-avoidance rules apply to ensure fairness and transparency.

📌 Company Taxation (Section 94)
Companies stand as separate taxable entities with dividends and business income treated under dedicated rules.

In essence, these principles ensure that taxation aligns with ownership, benefit, and economic substance, preventing misuse and promoting equity in the system.

If you’d like the full visual chart or a deeper breakdown for training or compliance purposes, feel free to reach out. Always happy to support the finance community with practical, actionable insights.

M. Waqas & Co. — Your Complete Accounting PartnerEMPOWERING YOUR BUSINESS WITH CLARITY, CONTROL & CONFIDENCE.Running a b...
23/11/2025

M. Waqas & Co. — Your Complete Accounting Partner
EMPOWERING YOUR BUSINESS WITH CLARITY, CONTROL & CONFIDENCE.
Running a business is challenging — managing accounts shouldn’t slow you down. We provide fully automated bookkeeping & accounting at extremely budget-friendly rates, so you stay focused on growth while we handle the numbers.
1. 📘 Bookkeeping & Accounting Services.
• End-to-end accounting (On-Site / Off-Site)
• Double-check reconciliations (Bank, Vendors, Customers)
• Monthly P&L, Balance Sheet, Cash Flow & Custom Reports
2. 🎁 Free Value-Added Services*
• Free Accounting Software (QuickBooks)
• Product Costing & Profitability Analysis
• Budgeting & Forecasting
• Cash Flow Planning
• Tax Compliance & Filings
We deliver clean, reliable financial data so you can scale confidently with zero stress.
📍 Multan Road, Lahore
📞 0332-4247489

Address

Multan Road
Lahore

Opening Hours

Monday 09:00 - 18:00
Tuesday 09:00 - 18:00
Wednesday 09:00 - 18:00
Thursday 09:00 - 18:00
Friday 09:00 - 18:00
Saturday 09:00 - 18:00

Telephone

+923098784823

Website

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