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How to Register a Limited Liability Partnership in Pakistan , Step by Step Process

 How to Register a Limited Liability Partnership in Pakistan , Step by Step Process Limited Liability Partnership  (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. In Pakistan the concept of Limited Liability Partnership was introduced in 2017. Limited Liability Partnership Act, 2017 was promulgate in 2017 and later on rules regulations were formulated for LLP registration in Pakistan. Limited Liability Partnership Regulations, 2018 defines the rules about different matters relating to LLP for example registration procedure, name of LLP, partners, conversion in private company etc. Under traditional partnership law, i.e. Partnership Act 1932, the liability of each partner is considered as unlimited. Every provincial government is designated to register partnership firms in the province, for this purpose a Registrar of Firm is appointed in each district. Contrarily a partnership deemed to be existed even if it is not...
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PLJ 2019 Lahore 132

PLJ 2019 Lahore 132 [Multan Bench Multan] Present: Muzamil Akhtar Shabir, J. BAQIR HAMEED and another--Petitioners versus GOVERNMENT OF PUNJAB through Secretary and 4 others--Respondents W.P. No. 12396 of 2017, heard on 20.6.2018. Constitution of Pakistan, 1973-- ----Art. 199--Constitutional Petition--Recruitment of educators--Clearance of NTS and interview--Petitioners were selected--Withdrawal of appointment letters--Non-issuance of show-cause notice--Recruitment policy 2016-17--Equivalence of Master Degress--Principle of locus poenitenciae--Question of whether LLB degree would be treated equal to Graduation or Master--Determination--In advertisement for appointment, LL.B is one of academic qualifications required for purpose of appointment, which is mentioned alongwith qualification of Master Degree and degrees equivalent to Master and Bachelor are also included in prescribed qualification--Higher Education Commission vide its letter dated July 27th 2017, has declared Bachelor of la...
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Motor Vehicle Tax Rates in Urdu

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  Motor Vehicle Tax Rates in Urdu          
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Motor Vehicle Tax

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  Motor Vehicle Tax Motor Vehicles Tax is an important levy of Excise & Taxation Department. It brings considerable revenue and is another major source of income to the exchequer. It is administered under the provisions of the Motor Vehicle Ordinance, 1965 and Motor Vehicle Tax Act, 1958. Details pertaining to the taxes / fees associated with the Motor Vehicle Tax along with their rates are given below: Type of Taxes/ Fee Rate Of New Registration Luxury Tax Rates of Transfer Rates of Token Tax Motor Car Rates of Other Post Transactions Rates of Security Featured Items Rates of Withholding Tax  - (One Time at Registration on Local Cars) Rates of Motor Tax on Commercial Vehicles Rates of Income Tax Rebate in Token Tax New Registration Top Category   Rate   Motorcycle / Scooter, Tractors, Trucks, Buses, Rickshaws and Taxies   1% of the values of the vehicles Combined Harvesters, Rigs, Fork Lifters, Road Rollers, Excavators, Sewerage Cleaning Plants etc. PKR. 30...
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Professional Tax Excise Punjab

Collection of Provincial Taxes/Fees E xcise Punjab Professional Tax Introduction to Professinal Tax Self Assesment Companies Registered under Companies Ordinance, 1984 Factories as defined under the Factories Act,1932 Commercial Establishments Importers and Exporters Government Contractors  Government Builders  Government Property Developers Property Dealers Motor Car Dealers Motor Cycle Dealer Doctors Hakeems or Ayuervedics Auditing Firms Engineers  Lawyers Money Changers Recruiting Agents Carriage of Goods and Passengers Health Clubs Introduction to Professional Tax The Professional Tax is administered under the provisions of The Punjab Finance Act 1977 and the Punjab Professions and Trade Tax Rules 1977. This tax is levied and collected on/from the persons or class of persons engaged in a profession, trade, calling or employment in the Province of the Punjab and it shall come into force on and from the first day of July under section 1 (3) of the Punjab Finance Act, 19...
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