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Showing posts from June, 2020

Tax Calculator Pakistan | Income Tax

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Personal Tax Slabs  According to Federal Budget 2019-2020 introduced by Government of Pakistan, following sections and annual expense rates will be pertinent for salaried people for the year 2019-2020:  Where the available pay salary doesn't surpass Rs. 600,000 the pace of annual assessmenis 0%.  Where the available pay salary surpasses Rs. 600,000 yet doesn't surpass Rs. 1,200,000 the pace of annual expense is 5% of the sum surpassing Rs. 600,000.  Where the available pay salary surpasses Rs. 1,200,000 yet doesn't surpass Rs. 1,800,000 the pace of annual expense is Rs. 30,000 + 10% of the sum surpassing Rs. 1,200,000.  Where the available pay salary surpasses Rs. 1,800,000 yet doesn't surpass Rs. 2,500,000 the pace of annual expense is Rs. 90,000 + 15% of the sum surpassing Rs. 1,800,000.  Where the available pay salary surpasses Rs. 2,500,000 yet doesn't surpass Rs. 3,500,000 the pace of annual expense is Rs. 195,000 + 17.5% of the sum surpassing Rs. 2,500,000.  W

Personal tax | Income Tax return

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PERSONAL TAXATION Individuals having high cash flows are subject to tax default based on their inefficient planning and strategy, which results in paying of taxes at higher rates. Their multiples sources of income render it more complex for them to strategize against higher tax rates. Although in such situation liaison, correspondence and compliance with employer or organization plays a vital role who as additional benefit also file returns on behalf of their employees, however, higher rate of taxes are paid due to ineffective or no linkage between the two.  Moreover, having no or less knowledge on recent tax policies, concessions and exemptions, individuals file their return in a conventional manner causing to face huge tax losses. We at Hamza and Hamza assist in planning and claiming tax benefits for individuals to avoid paying higher taxes bases on experience and day to day acquaintance of recent tax policies and circulars to help reduce the risk of default for high net-worth indivi

Best Family Lawyer in Lahore

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Family disputes are increasing in Pakistan day by day.  Family law  is the area of law that deals with marriage, divorce, custody of minors, child maintenance and schedule meeting with minors as well as many other disputes that come up when you get married, have children, and get divorced perchance. Other important disputes pertaining to Family law include child adoptions, guardianship and domestic violence. Hamza and Hamza Law Associates have  best family lawyers in Lahore  and is widely famous for its approach to cater the family disputes of its clients. We at Hamza and Hamza Law Associates being the  best family lawyers in Lahore  have successfully dealt with following legal disputes: Procedure of Khula in Pakistan if the wife is not willing to live with her husband and wises to dissolve the marriage she can file a Suit for Dissolution of Marriage on Principle of Khula in the Court of Law having competent jurisdiction. It is an Islamic right available to Wife to seek dissolution of