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What are the key tax requirements for business in Pakistan?
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a) What are the key tax requirements for business in Pakistan?
Key tax requirements for businesses in Pakistan include obtaining a National Tax Number (NTN) from the Federal Board of Revenue (FBR), filing annual income tax returns, and, if applicable, registering for Sales Tax (STRN) and filing monthly sales tax returns. Businesses are also responsible for withholding tax on certain payments and maintaining proper financial records.
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