How to reduce income tax in Pakistan on salary legally || Wali Khan

How to reduce the tax on your income for salaried class in Pakistan and India. Mutual funds and pension funds help you navigate through savings that most of the people are not aware in Pakistan. By investing a sizeable chunk of income in Mutual funds, government gives tax break to the salaried class which they can avail easily and grow their money over time.
About myself: I like helping people around in their personal finance situations as well as advising on wealth management which includes but not limited to property market in UAE and Pakistan, equity and commodities markets, bonds etc. Moreover, I have a keen interest in RUclips and social media marketing along with video editing and its marketing. I also have a keen interest in world current affairs and politics. Last but not the least I am an APPLE fanboy :-)
I am open for collaborations in the areas of my expertise from anywhere in the world. Following are my contacts:
Twitter handle: @wali_2k
Insta handle: @wali_2k
Email: [e-mail]
#IncomeTAX #MutualFunds #PensionFunds

[@alishafyaqoob9166]

does 1 year restriction period in case of pension fund still applicable, if yes then kindly guide about the reference of Law

[@wajahathussain1612]

Thank you for spreading knowledge. Please make one video on Pension Fund.

[@WaliKhan_2k]

Noted, will do soon inshaAllah..

[@alihussainjiwani5752]

Do you have a revised video for the year 2023 + does investment in low risk mutual funds work?

[@MuhammadKamran-qn7ky]

thanks you sir for such value info, how much risk is associated with mutual fund and how to determine a good institution who manage invested fund in better way.

[@WaliKhan_2k]

I have uploaded a few videos on mutual funds specially for this query. Let me know if you want me to share the link here?

[@moeenjutt6912]

Salam sir
I have one question regarding tax on money market mutual fund for individual on dividend and capital gain tax
Do individual need to pay both tax on mutual fund ?
tax in dividend 15% and captial gain tax10% during redemption ??
Total will be 25% tax in mutual fund after adding both dividen and capital gain tax??
Can you please explain on this topic if you know

[@esquare102]

It would have been a great video without music.

[@MuhammadTalha-nq3er]

Do i make transactions in one of my three accounts or make in three of them differently..to avoid tax??

[@fahadqadir1]

make a video to reduce income tax for self employed and business owners

[@talhaiqbal3029]

Wali bhai me ek bari amount salary me sy yearly tax pay krta hn. Wo amount zaya ho gi mery liye ya me kisi tariky sy kam kr skta hn please guid karain

[@nasir4701]

is this investment in pension and mutual funds safe? I mean with breakdown in stock market will this investment decrease or can go in negative?

[@WaliKhan_2k]

Stock market rise and fall will definitely impact your investment in mutual funds and pension funds in case you have invested in equity based funds. However, if this is done over a long period of time, then the loss should be converted to profit.
In case you invest in money market funds - then there is no risk of loss - but then the profit will also be less.

[@nasir4701]

​@@WaliKhan_2k thanks for reply. Yes I plan to invest for long term. I have investment in regular income certificates since 2008 and gradually invested more with the profit + savings.
I am also investing shop rent in committee but after watching your video about BC committee, I want to invest monthly in MF or Pension fund instead of committee

[@nasir4701]

Sir I still have confusion regarding tax rebate... for sake of argument I will talk about MF only ....
If one has salary 100k and his 20% investment in mutual funds means 240k for a year... does he has to invest 240k every year (20k monthly) to get rebate in tax or a total of 240k left in mutual funds will get him rebate in tax every year?
Thanks

[@WaliKhan_2k]

Took your comment seriously - made a video on this topic and explained my own journey.
The video might come next week or the week after. However, have you tried this calculator:
www.almeezangroup.com/investor-education/financial-calculators/tax-savings/

[@nasir4701]

Wow, another thing to love your videos and channel is that there is a prompt reply of almost everyone's comment even you are much busy person.
anxiously waiting for that video... I will try this calculator however isave helpline person shared this link which shows how much should be invested based on salary but it does not answer my question whether we have to constantly keep investing 20% always or a total sum of 20% of salary left in funds for long term is enough...
www.mcbah.com/tax-app/

[@KamranAhmed-wn7ob]

My salary 60k how much I invest?

[@alibintariq8509]

Is this rebate scheme valid these days?

[@jakhoog]

Bhai sb koi acha sa mic puchase kar len . Awaz nahi a rahi .

[@shahbazqaiser29]

Please use better mic :) and thanks for the video

[@WaliKhan_2k]

The equipment has been upgraded now. Have a look at the latest videos :-)

[@improvelivingandlearning]

Music ki wjea se smajna mushkil hai

[@najumsaqib833]

Sir how PVT ltd entity's can save taxes

[@WaliKhan_2k]

You mean private entities employees?

[@hitormiss2362]

Gov has removed tax rebate on mutual funds now :(

[@PTIOficialChannelPK]

Ji7😅

[@kashifkhokhar2760]

Please stop this music