Taxation

Practice Areas

What We Are Expert At

Taxation & Revenue Services

At Faisal Basit Sheikh & Cō. - LLP, we provide comprehensive taxation and revenue services, designed to cater to businesses, individuals, and organizations navigating complex tax laws and compliance requirements. Our expertise ensures strategic and compliant solutions, empowering our clients to focus on their growth and success.

Our Core Services

Business Tax Planning

Strategic business tax planning ensures that your financial decisions align seamlessly with tax laws to maximize efficiency. Our experts analyze your financial structure to optimize tax savings while ensuring compliance.

Key Benefits:

Minimized tax liability
Holistic integration of financial strategies
Long-term tax efficiency

Customs Law Services

Navigating customs duties on imports and exports requires precise expertise. Our customs law services ensure compliance with governmental regulations and efficient management of tax obligations.

Highlights:

Guidance on import/export duties
Compliance with customs regulations
Advocacy in customs-related disputes

Federal Excise Law Services

Excise duties on specific goods like tobacco, cement, and automobiles require diligent oversight. We provide comprehensive advisory services for compliance with federal excise laws.

Scope:

Guidance on excise duties
Tax management for intranational goods
Dispute resolution with excise authorities

Income Tax Law Services

Income tax laws are fundamental to personal and corporate financial management. Our services ensure accurate compliance, optimal tax strategies, and efficient filing processes.

Includes:

Tax filing for individuals and businesses
Tax planning to maximize deductions
Advisory on income tax obligations

Income Tax Rates Advisory

Understanding the progressive tax system in Pakistan, where rates increase with income, is crucial. We provide clarity on applicable rates and guide strategic tax planning.

Income Tax Refund Services

Overpaid taxes? We assist taxpayers in reclaiming excess payments efficiently, ensuring timely refunds from relevant authorities.

Income Tax Returns Filing

Our team simplifies the complexities of income tax return filing, ensuring accuracy and compliance to avoid penalties.

Key Features:

Assistance with annual filings
Loss carry-forward advisory
Timely submissions to avoid legal complications

Sales Tax Law Services

Sales tax impacts businesses significantly. Our expertise ensures compliance and optimal management of sales tax liabilities.

We Provide:

Advisory on sales tax obligations
Registration and compliance support
Representation in tax-related disputes

Sales Tax Refund Services

Overpayment of sales tax can be rectified through a streamlined refund process. We assist clients in reclaiming refunds efficiently within legal timeframes.

Sales Tax Returns Filing

Filing accurate sales tax returns is essential to maintaining compliance. Our experts ensure that declarations reflect transactions accurately and liability is properly addressed.

Why Choose Us?

At Faisal Basit Sheikh & Cō. – LLP, we blend technical expertise with personalized service to deliver unparalleled results in taxation and revenue matters. From domestic tax obligations to international treaties, Fbs & Co. ensures that your financial interests are protected, and your compliance needs are met with precision.