"Two things in life are certain, death and taxes.You can get an extension for the latter".
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RASG is pleased to present its “Treatise on Taxation” for the year 2024 with the theme “Taxing for Prosperity”. This Treatise is based on the amendments introduced through Finance Act, 2024, brief on UAE corporate tax law and burning taxation issues surrounding the economy of Pakistan. Through this Treatise we intend to give our users a handy reference guide which can be used throughout the year.
RIAZ AHMAD SAQIB GOHAR & CO. (RASG) is pleased to present the ‘highlights, comparison and comments’ on this year’s budget with, “The Economic Labyrinth” theme, to its client, friends and associates. While developing this document every endeavor has been made to keep the presentation simple, with the view to help our readers understand the amendments in the various statutes through the Finance Bill, 2024.
“A revolution is not an event, but a process!” Mankind has witnessed several revolutions which have shaped the world we live in today. This revolution is the era of Internet / Digitization or as one might term it the era of “Digital Economy”.
Riaz Ahmad, Saqib, Gohar & Co. Chartered Accountants is pleased to present herewith its monthly technical updates encompassing the broadened scope under the banner of “The Impact” for the month of August, 2024.
Pakistan tax revenue to Gross Domestic Product (GDP) ratio, as per the economic survey 2019,during the preceding financial year, was a mere 13.9% along with an overall fiscal deficit of 4.9%.
Naturally, the earning of rental income from such properties situated abroad has given rise to the dilemma of whether this foreign source income would be taxable in Pakistan or not.
We are a firm of professional Chartered Accountants striving to provide Result Assured Services for Growth.
It is the basic philosophy of our firm that our service to each client is based on a substantive knowledge of his business and the industry of which he is a part. We believe that this understanding of the client and the industry is of vital importance in rendering constructive service and in carrying out assignments in an effective manner.
Quality is the heart of client satisfaction, and its importance is instilled in every one of our team members.
Utilizing our experience in the ever-evolving world of assurance, advisory and consultancy, we measure our success rate from the barometer of the value added to your business. We firmly believe adding value to businesses using creative thinking and analytical skills is the key to client satisfaction.
The modern world requires businesses to make quick and effective decision making, which is where we come in. Our paradigm revolves around the foundation of solving your problems while still ensuring effective and efficient decision making.