Wakeel & Comapny Tax & Corporate Services

PARTNERSHIP FIRM (AOP) REGISTRATION IN PAKISTAN

Start your business with legal recognition and tax compliance by registering your Partnership Firm (AOP).

Benefits of AOP Registration:

• Legal identity for your partnership business.
• NTN Registration with FBR.
• Partnership Deed preparation and documentation.
• Business bank account opening assistance.
• Tax registration and return filing support.
• Enhanced credibility with clients and financial institutions.
• Compliance with regulatory requirements.
• Eligibility for government and business-related registrations.
• Professional tax and corporate advisory services.

Our Services Include:

• Partnership Firm (AOP) Registration
• NTN Registration & Updates
• Partnership Deed Drafting
• Tax Registration & Compliance
• Income Tax Return Filing
• Business Consultancy & Advisory
• FBR Profile Management
• Ongoing Tax and Corporate Support

Wakeel & Company – Tax & Corporate Consultants

Your Trusted Partner for Business Registration and Tax Compliance.

Contact Us: 0300-7991675
Email: [email protected]
Website: www.wakeelandcompany.com

Serving Clients in Lahore & All Over Pakistan.

Income Tax Return Filing for Tax Year 2026 Has Started!

File your Income Tax Return only after proper reconciliation of your income, assets, bank accounts, and taxes to ensure accuracy and avoid future notices.

Contact Us

WhatsApp: 0300-7991675
Email: [email protected]
Website: www.wakeelandcompany.com⁠

Your Rights, Our Responsibility.

Business Registration as Sole Proprietorship in Pakistan

Are you planning to start your own business? Registering your business as a Sole Proprietorship is the simplest and most cost-effective way to operate legally in Pakistan.

Benefits of Sole Proprietorship Registration:

Legal business identity

NTN Registration with FBR

Business bank account opening assistance

Tax compliance and return filing

Enhanced credibility with clients and suppliers

Eligibility for various business registrations and memberships

Easy and affordable registration process

Wakeel & Company – Tax & Corporate Consultants

Your Rights, Our Responsibility

We provide professional tax and corporate consultancy services to individuals, startups, freelancers, and businesses across Pakistan. Our experienced team ensures that your business is registered and compliant with all applicable legal and tax requirements.

Contact Us Today

Phone: 0300-7991675

Email: [email protected]

Website: www.wakeelandcompany.com

Wakeel & Company – Lahore & All Over Pakistan.

Income Tax Return Filing for Tax Year 2026 is officially opening from Monday, 27 July 2026.

All taxpayers are advised to file their Income Tax Returns accurately, honestly, and within the prescribed due date. Ensure that all declared information, including income, assets, bank accounts, expenses, and tax credits, is true and correct. Timely and truthful tax compliance not only helps avoid penalties and legal complications but also contributes towards a stronger and more transparent tax system for everyone.

Wakeel & Company – Tax & Corporate Consultants is here to assist individuals, salaried persons, freelancers, business owners, and companies with complete tax compliance services across Pakistan.

Our Services:

- Income Tax Return Filing (Tax Year 2026)
- NTN Registration
- Active Taxpayer Status (ATL) Assistance
- Income Tax Notices & Replies
- Sales Tax Registration & Return Filing
- SECP Company Registration
- PRA Registration & Compliance
- Trademark Registration
- Business Compliance & Corporate Advisory Services

Why Choose Us?

- Professional and Accurate Tax Filing
- Complete Confidentiality of Your Information
- Compliance with FBR Laws and Regulations
- Timely Submission and Expert Guidance

Contact Us:
Wakeel & Company – Tax & Corporate Consultants

Phone: 0300-7991675
Email: [email protected]
Website: www.wakeelandcompany.com

Your Rights, Our Responsibility.

Wakeel & Company Tax & Corporate Consultants

Your Rights, Our Responsibility

We provide specialized Punjab Revenue Authority (PRA) compliance and advisory services to businesses across Pakistan. Our team assists clients in meeting their provincial sales tax obligations efficiently and in accordance with the applicable laws and regulations.

Our PRA Services

- PRA Registration
- PRA e-Enrolment
- PRA User ID Creation
- PRA Taxpayer Profile Management
- PRA Monthly Return Filing
- PRA Sales Tax Payment Challan Generation
- PRA eIMS Registration & Compliance
- PRA Invoice Verification Assistance
- PRA Withholding Sales Tax Compliance
- PRA Registration Amendments
- PRA De-Registration Services
- PRA Taxpayer Status Verification
- PRA Audit Assistance
- PRA Assessment Proceedings Support
- PRA Notice & Show Cause Reply Preparation
- PRA Appeals & Litigation Support
- PRA Tax Consultancy & Advisory
- PRA Compliance Health Check
- PRA Penalty & Default Resolution
- PRA Refund Assistance (where applicable)
- PRA Record Maintenance & Compliance Review

At Wakeel & Company Tax & Corporate Consultants, we are committed to helping businesses maintain complete PRA compliance while minimizing the risk of penalties, notices, and legal complications.

Contact Us

- Wakeel & Company Tax & Corporate Consultants
- Phone: 0300-7991675
- Email: [email protected]
- Website: www.wakeelandcompany.com
- Service Area: Lahore & All Over Pakistan

Your Trusted Partner for PRA Compliance and Tax Advisory Services.

اساتذہ کے لیے بڑی خوشخبری!

محکمہ انکم ٹیکس (FBR) کی جانب سے اساتذہ کو امتحانی ڈیوٹیوں (نگران عملہ، پیپر مارکرز وغیرہ) کے عوض ملنے والے معاوضے پر ماضی میں Section 153(1)(b) کے تحت ٹیکس کاٹا جا رہا تھا، جو سروسز پر لاگو ہوتا ہے۔

وفاقی ٹیکس محتسب نے اس عمل کو غیر قانونی اور ناانصافی قرار دیتے ہوئے واضح کیا ہے کہ امتحانی ڈیوٹی کے دوران بھی اساتذہ "آن ڈیوٹی" تصور ہوتے ہیں، لہٰذا بورڈز (جیسے BISE سرگودھا اور دیگر تعلیمی بورڈز) کی طرف سے ملنے والا معاوضہ ان کی تنخواہ (Salary) کا حصہ سمجھا جائے گا۔

لہٰذا اس معاوضے پر ٹیکس کی کٹوتی Section 149 (تنخواہ پر قابل اطلاق ٹیکس) کے تحت کی جائے گی، نہ کہ زیادہ شرح والے Section 153(1)(b) کے تحت۔

وفاقی ٹیکس محتسب کی سفارشات:

1. کمشنر ان لینڈ ریونیو (Withholding)، سرگودھا کو ہدایت جاری کی گئی ہے کہ تمام ودہولڈنگ ایجنٹس اور محکمہ تعلیم کو فوری طور پر آگاہ کیا جائے کہ اساتذہ کے امتحانی معاوضے پر صرف Section 149 (Salary Tax) کا اطلاق ہوگا۔

2. ایف بی آر کو ہدایت دی گئی ہے کہ اس حکم پر عمل درآمد کرتے ہوئے 30 دن کے اندر تعمیلی رپورٹ جمع کروائے۔

اپنے حقوق کے تحفظ کے لیے باخبر رہیں۔

Wakeel & Company Tax & Corporate Consultants

📞 Contact: 0300-7991675
📧 E-mail: [email protected]
🌐 Website: www.wakeelandcompany.com

آپ کے حقوق، ہماری ذمہ داری

فائلر اور نان فائلر ٹیکس کا موازنہ ۔
آج ہی فائلر بنیں اور غیر ضروری اضافی ٹیکس سے بچیں۔

Wakeel & Company Tax & Corporate Consultants

Contact Us

03007991675
[email protected]
www.wakeelandcompany.com

At Regional Tax Office (RTO) Gujranwala for professional commitments.

WAKEEL & COMPANY

Tax & Corporate Consultants

FBR Revises Property Tax Rates

Effective from: 1st July, 2026

The Federal Board of Revenue (FBR) has revised the withholding tax rates on the purchase and sale of immovable property. The new rates are applicable from 01 July 2026.

Seller Tax Rates

Property Value Old Rate New Rate

Above Rs. 10 Crore 5.5% 2.75%
Up to Rs. 10 Crore 5% 2.5%
Up to Rs. 5 Crore 4.5% 2.25%
Up to Rs. 50 Lakh 4% 2%

Purchaser Tax Rates

Property Value Old Rate New Rate

Above Rs. 10 Crore 2.5% 1.25%
Up to Rs. 10 Crore 2% 1%
Up to Rs. 5 Crore 1.5% 0.75%
Up to Rs. 50 Lakh 1% 0.5%

Important Note

These revised tax rates are expected to facilitate the real estate sector by reducing the withholding tax burden on buyers and sellers, encouraging investment and improving market activity.

Effective Date: 1st July, 2026

For Professional Tax Advice & Property Tax Assistance

WAKEEL & COMPANY
Tax & Corporate Consultants

M. Wakeel Ahmad
Tax & Corporate Lawyer

📞 0300-7991675
📧 [email protected]
🌐 www.wakeelandcompany.com
📍 Lahore

"Your Trusted Partner for Tax & Corporate Solutions."