02-19-2010, 03:18 PM
Salam to all,
I hav been working with a Trading Firm for 3 months and the firm is registered in Sales Tax also have a NTN, I wanna asked about the Direct Tax which we collect from employees and parties,
The firm was established in July 2009, not completing a year.
As per my knowledge if any firm has its turnover above 5 Million responsible to collect such taxes. I m not damm sure about it, however some of our employees are crossing the limit of 200,000/- can any one guide me?
I hav been working with a Trading Firm for 3 months and the firm is registered in Sales Tax also have a NTN, I wanna asked about the Direct Tax which we collect from employees and parties,
The firm was established in July 2009, not completing a year.
As per my knowledge if any firm has its turnover above 5 Million responsible to collect such taxes. I m not damm sure about it, however some of our employees are crossing the limit of 200,000/- can any one guide me?
