Sending money to Pakistan from UK is a vital need for many, whether it’s supporting family, investing in businesses, or managing personal finances. With numerous options available, choosing a reliable, cost-effective, and secure method is crucial. This comprehensive guide explores the best ways to send money to Pakistan from UK, highlighting AsanPay’s services and comparing […]
Transfer Money from Pakistan to the USA can be a complex process, involving various methods, regulations, and service providers. Whether you’re supporting family, paying for education, or conducting business, understanding the best practices and available options is crucial. This guide will walk you through the most effective ways to transfer money from Pakistan to the […]
In today’s fast-paced digital world, the way we manage our finances has evolved. One powerful tool in this transformation is the virtual card. If you’re wondering how to get a virtual card in Pakistan, the process is easier than ever with AsanPay.pk. This article explores what virtual cards are, why they’re useful, and how to […]
In Pakistan, individuals registered as tax filers enjoy several financial benefits, including lower tax rates on various transactions. A filer is someone who regularly submits their income tax returns to the Federal Board of Revenue (FBR). Being a filer helps in reducing tax deductions on bank transactions, vehicle registration, and property dealings. Filer Cash Withdrawal […]
Pakistan’s tax laws are structured to regulate financial transactions, ensuring that the economy remains documented and transparent. One key area of taxation is cash withdrawals from banks, which are subject to specific taxes depending on whether the individual or business is a filer or non-filer. These tax policies are part of the government’s strategy to […]
In Pakistan, the government imposes a withholding tax on ATM withdrawals, especially for non-filers. This tax is deducted automatically when individuals withdraw cash beyond a certain limit. The primary purpose of this tax is to promote tax compliance and encourage more people to become active taxpayers. Tax on ATM Withdrawals ATM withdrawal tax primarily affects […]
Managing financial transactions efficiently requires an understanding of filer and non-filer withdrawal limits. Governments impose these limits to encourage tax compliance and regulate financial activity. Filers enjoy lower tax deductions and higher withdrawal limits, while non-filers face stricter tax policies. Who is a Filer and a Non-Filer? A filer is an individual or business that […]
Cash withdrawal tax is an important aspect of financial transactions in Pakistan. The Federal Board of Revenue (FBR) imposes this tax on withdrawals exceeding a specific limit, ensuring better documentation of money flow. However, filers—individuals registered with the tax system—enjoy a lower tax rate compared to non-filers. Taxable Cash Withdrawal for Filers Cash withdrawal tax […]
Bank withdrawal tax rates in 2025 refer to the charges imposed by governments on cash withdrawals from bank accounts. These taxes are designed to regulate cash transactions, monitor large withdrawals, and prevent tax evasion. The rates vary across countries and depend on factors like withdrawal amount and account type. Bank Withdrawal Tax Rates 2025 The […]
Income tax on withdrawals refers to the tax imposed when individuals withdraw money from bank accounts, retirement funds, investments, or other financial assets. Different types of withdrawals have different tax implications depending on the source of funds and the applicable tax laws in a particular country. Some withdrawals are completely tax-free, while others attract significant […]
