A budget deficit occurs when expenses exceed income, usually measured over a single financial year.

Most of the revenue the government collects comes from contributions from individual taxpayers, small businesses, and corporations through taxes that get collected on a yearly or quarterly basis.

The remaining sources of federal revenue consist of excise, estate, and other taxes and fees.

still can't

اب بھی نہیں کر سکتے

A computerized system, process, or business is one in which the work is done by computer

Fiscal policy addresses taxation and government spending, and it is generally determined by government legislation

Pre-commencement expenditure shall be amortized on a straight-line basis at the rate of 20%.27-Mar-2019

Off- shore evader includes  a  person who owns or is a beneficial owner of an off-shore asset 

In case of any "employee Share Scheme " The value of a right to acquire shares shall not be chargeable to tax .

"Foreign source income " means any income earned by a Pakistani citizen  while working out of Pakistan 

Alternative Corporate Tax (ACT) means the tax at a rate of seventeen percent (17%) of a sum equal to accounting income as reduced by certain specific adjustments.