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+--- Forum: Tax (https://www.accountancy.com.pk/forum/forum-tax)
+--- Thread: TAX ON CONSULTANCY (/thread-tax-on-consultancy)
TAX ON CONSULTANCY - [email protected] - 07-24-2006
Hi everyone !
i have one query to sort, we have hired Indian Natiional consultant at below mentioned term;
1.Monthly consultancy Rs.54,000
2.Monthly House Rent Rs.100,000
3.Co. maintained Car with monthly lease rentals Rs.31,865
What amount of tax, i have to deduct monthly out of his consultancy.
Your immediate response will be highly appreciated
Farhan
- Abdur.Rehman - 07-29-2006
The tax rate for services of resident persons is 5%. But u shud make sure that, that person is not taxed in India. In that case u will have to see the tax treaty between Pakistan and India