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Sales Tax On Services – II

Sales tax on services – II

Vide Section 4 of PSTSA, the Punjab Assembly legislated a unique concept of 'Principle of Origin' of service. This principle implies that if a registered person is providing taxable services…

Old & Disabled Ignored

Old & disabled ignored

General elections in Pakistan are round the corner. Politicians and political parties are crying themselves hoarse promising change, an improved economic situation for the people, freedom from debt and slavery…

Sales Tax On Services Exported

Sales tax on services exported

Service is an activity which provides satisfaction to a person or entity in which role of goods transfer is incidental. In many of the services, separation of goods from the…

Trading Profit

Trading profit

If everybody produced the same things, trade would be limited to raw materials. While the smirking laymen is indulged, economic pundits can hardly challenge the afore-stated assertion as baseless. In…

Real Profit

Real profit

Having concluded in earlier articles that money is an illusion and that inflation is a silent cancer for wealth, this particular part in the series on profit is in a…

Democracy Awards

Democracy awards

Ladies and gentlemen, a few weeks ago, in this very space, we hosted an event called ‘Revolution Awards’. Although there is nothing original about this idea, yet our audience feedback…

PTI Settles Ideologically

PTI settles ideologically

Right-wing is used for being conservative and pro-rich in economic policy making as well as being conservative and pro-religion in social policy making. The ‘confused conservatism’, which was taken for…