Accountancy Forum › The Profession › Tax v
TAX ON CONSULTANCY

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Thread Modes
TAX ON CONSULTANCY
07-24-2006, 10:06 PM,
#1
pri_farhan@hotmail.com Offline
Junior Member
**
 		Posts: 11
Threads: 4
Joined: Jul 2006
Reputation: 0
TAX ON CONSULTANCY
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
Website Find
Reply
07-29-2006, 05:35 AM,
#2
Abdur.Rehman Offline
Member
***
 		Posts: 227
Threads: 0
Joined: Mar 2006
Reputation: 0
 
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
Website Find
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)

Contact Us | Accountancy | Return to Top | | Lite (Archive) Mode | RSS Syndication