A tax is primarily defined as the total amount of funds charged by the government at estimating the value in lieu of the various services provided. Taxation is the primary source of revenue for the government.

When we look at the term 'Tax Planning,' we can say that it is a basic legal route for lowering tax liability.

To summarise, Tax Planning is a systematic and logical exercise that takes place within the confines of the law in order to reduce one's tax liability by making the best use of available liberties, deductions, reliefs, and grants.

Because tax planning takes place within the framework of legal provisions, a taxpayer has the right to organise his affairs in such a way that his tax liability is minimised.

Taxation has an impact on almost every aspect of a common man's life throughout Pakistan. Whether you are purchasing a car, re-structuring your home, investing in real estate, expanding your business, or changing jobs, the laws ruled by the Income Tax department (FBR) Pakistan will have an impact on you.

That's the region where a careless step or rash move can lead to disaster. It can, however, be easily mitigated through proper taxation planning.

Because tax planning is changed / amended by FBP on a quarterly or yearly basis, you should keep yourself up to date by visiting the FBR website. It is common in Pakistan for people of all classes to be afraid of tax office or tax laws. Sidekick's legal professionals help you in performing tax planning for you. All you have to visit sidekick.pk and hire an professional expert.