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Tag: tax

Govt slaps Rs. 2.5/Litre carbon levy on petrol, diesel, and furnace oil in budget 2025–26

Govt slaps Rs. 2.5/Litre carbon levy on petrol, diesel, and furnace oil in budget 2025–26

Pakistan’s fiscal framework agreed with IMF falls apart, needs crucial revisions

Pakistan’s fiscal framework agreed with IMF falls apart, needs crucial revisions

Dubai imposes 20% tax on foreign banks

World Business News

Dubai imposes 20% tax on foreign banks

PRA records 22% revenue growth in February

PRA records 22% revenue growth in February

Super Tax to be applicable retrospectively from Tax year 2022

Super Tax to be applicable retrospectively from Tax year 2022

With a historic deficit looming, what can the FBR do?

With a historic deficit looming, what can the FBR do?

ECC approves tax exemptions worth Rs1bn on oxygen, oxygen gas cylinder, cryogenic oxygen tanks for health sector

ECC approves tax exemptions worth Rs1bn on oxygen, oxygen gas cylinder, cryogenic oxygen tanks for health sector

KP to bring construction industry under tax net

KP to bring construction industry under tax net

GSMA urges govt to reverse increase in withholding tax

GSMA urges govt to reverse increase in withholding tax

Solar association protests 17pc tax on solar panels

Solar association protests 17pc tax on solar panels

Cabinet approves one-time waiver to clear five vehicles of Overseas Pakistanis

Cabinet approves one-time waiver to clear five vehicles of Overseas Pakistanis

FBR seeks Rs4bn for meeting targets under PRR

FBR seeks Rs4bn for meeting targets under PRR

Govt allocates Rs33bn in subsidies for laptops, computers, solar panels

Govt allocates Rs33bn in subsidies for laptops, computers, solar panels

FBR Chairman proposes collaboration with provincial tax authorities

FBR Chairman proposes collaboration with provincial tax authorities

KPRA extends dates for filing sales tax and returns

KPRA extends dates for filing sales tax and returns

Pakistan, Saudi Arabia to sign customs pact

Pakistan, Saudi Arabia to sign customs pact

FBR urged to revise mandatory filing of taxpayers' profiles

FBR urged to revise mandatory filing of taxpayers' profiles

Hammad Azhar vows tax cuts for businesses to spur economic growth

Hammad Azhar vows tax cuts for businesses to spur economic growth

Marks & Spencer faces £87.6m loss as Covid-19 hits clothing sales

World Business News

Marks & Spencer faces £87.6m loss as Covid-19 hits clothing sales

Businessmen demand abolishment of dual taxation, broadening of tax base

Businessmen demand abolishment of dual taxation, broadening of tax base

HBL 9M2020 profit surges to Rs25.3bn, a threefold increase over same period year ago

HBL 9M2020 profit surges to Rs25.3bn, a threefold increase over same period year ago

Pakistan to face 'additional hurdles' in revenue collection: Moody's

Pakistan to face 'additional hurdles' in revenue collection: Moody's

FBR appeals to citizens for filing tax returns by Sept 30

FBR appeals to citizens for filing tax returns by Sept 30

Sindh wants Centre to announce loan, tax waivers for rain-hit farmers

Sindh wants Centre to announce loan, tax waivers for rain-hit farmers

Shell Pakistan posts Rs3.54bn loss for 2nd quarter of 2020

Shell Pakistan posts Rs3.54bn loss for 2nd quarter of 2020

APTMA lauds FBR for accelerating payment of tax refunds

APTMA lauds FBR for accelerating payment of tax refunds

Taxpayers urge FBR to extend Tax Amnesty Scheme till December 31

Taxpayers urge FBR to extend Tax Amnesty Scheme till December 31

Govt exempts taxes on import of remdesivir

Govt exempts taxes on import of remdesivir

KP finance minister unveils Rs923bn 'tax free' budget for FY21

KP finance minister unveils Rs923bn 'tax free' budget for FY21

FBR waives off over Rs1tr in taxes in FY19-20

FBR waives off over Rs1tr in taxes in FY19-20

Tobacco sector lobbying for tax concessions in upcoming budget

Tobacco sector lobbying for tax concessions in upcoming budget

FBR urged to abolish 3pc further tax on sales to unregistered persons

FBR urged to abolish 3pc further tax on sales to unregistered persons

Govt's flawed policies denting investors' confidence: OICCI

Govt's flawed policies denting investors' confidence: OICCI

Govt to impose new tax on underground water usage

Govt to impose new tax on underground water usage

Let's come together to tax tech giants, say G20 officials eyeing $100bn boost

Let's come together to tax tech giants, say G20 officials eyeing $100bn boost

Industries should be given tax-free gas, apex court suggests

Industries should be given tax-free gas, apex court suggests

Two-thirds of Americans support wealth tax on very rich

Two-thirds of Americans support wealth tax on very rich

World Bank revises down Pakistan's growth projections

World Bank revises down Pakistan's growth projections

FBR to introduce single-page income tax return form for shopkeepers

FBR to introduce single-page income tax return form for shopkeepers

Speculations rife as FBR chief goes on 15-day leave

Speculations rife as FBR chief goes on 15-day leave

FBR clarifies news about significant reduction of taxes on import of smart phones

FBR clarifies news about significant reduction of taxes on import of smart phones

FBR proposes up to Rs40,000 tax for shopkeepers

FBR proposes up to Rs40,000 tax for shopkeepers

The trader’s dilemma

The trader’s dilemma

Rs100 billion worth of tax fraud discovered by FBR

Rs100 billion worth of tax fraud discovered by FBR

Zaidi content with October tax figures

Zaidi content with October tax figures

FBR initiates tax inquiry against non-profit organisations

FBR initiates tax inquiry against non-profit organisations

Govt gives in to traders' demands

Govt gives in to traders' demands

Shell Pakistan posts Rs570m profit for Q3 2019

Shell Pakistan posts Rs570m profit for Q3 2019

Punjab government to tax online car dealers

Punjab government to tax online car dealers

Apple says $14bn EU tax order 'defies reality and common sense'

Apple says $14bn EU tax order 'defies reality and common sense'

Govt asked to eliminate multiple taxes on imports

Govt asked to eliminate multiple taxes on imports

FBR seeks Pakistanis' Iqama details from UAE

FBR seeks Pakistanis' Iqama details from UAE

Thai king exempted from tax on some land properties

Thai king exempted from tax on some land properties

FBR to send notices to 100,000 non-filers, say FBR Chairman

FBR to send notices to 100,000 non-filers, say FBR Chairman

PCJCCI holds seminar on recent taxation measures

PCJCCI holds seminar on recent taxation measures

Twitter profits surge, user base sees growth

Twitter profits surge, user base sees growth

Customs duty exemption on imported phones removed

Customs duty exemption on imported phones removed

PTA expects people to pay 1,000pc duty on imported phones

PTA expects people to pay 1,000pc duty on imported phones

'Crackdown against sugar mafia to be launched soon'

'Crackdown against sugar mafia to be launched soon'

KP unveils Rs900bn budget for 2019-20

KP unveils Rs900bn budget for 2019-20

Tobacco growers condemn imposition of Rs300 tax on farmers

Tobacco growers condemn imposition of Rs300 tax on farmers

ICCI terms budget 'burdensome' for business community, common man

ICCI terms budget 'burdensome' for business community, common man

PHMA rejects 17pc sales tax on export sectors

PHMA rejects 17pc sales tax on export sectors

Minimum taxable income revised in budget

Minimum taxable income revised in budget

Amnesty scheme may fail to achieve objectives, says former ICCI president

Amnesty scheme may fail to achieve objectives, says former ICCI president

German prosecutors raid Porsche in corruption probe

German prosecutors raid Porsche in corruption probe

Salaried class to suffer as govt mulls reversing income tax slabs

Salaried class to suffer as govt mulls reversing income tax slabs

Tobacco growers stage protest in front of FBR against high tax

Tobacco growers stage protest in front of FBR against high tax

'Tax-evading tobacco companies only paid Rs1.5bn in FY18'

'Tax-evading tobacco companies only paid Rs1.5bn in FY18'

‘Instead of structural reforms PTI government all set to announce amnesty’

‘Instead of structural reforms PTI government all set to announce amnesty’

China outlines fresh tax cuts to lift economy

China outlines fresh tax cuts to lift economy

'POL prices did not increase much due to tax reduction'

'POL prices did not increase much due to tax reduction'

Saudi Aramco 'made $224bn profit' last year

Saudi Aramco 'made $224bn profit' last year

FBR crosses 1.8 million tax filers figure

FBR crosses 1.8 million tax filers figure

FBR extends returns filing date to April 30

FBR extends returns filing date to April 30

No revisions in rates for tax on cash withdrawal, FBR clarifies

No revisions in rates for tax on cash withdrawal, FBR clarifies

FBR acquires bank account, property details of govt officials

FBR acquires bank account, property details of govt officials

China to slash taxes, boost lending to prop up slowing economy

China to slash taxes, boost lending to prop up slowing economy

India lowers tax on new home sales ahead of general election

India lowers tax on new home sales ahead of general election

PM wants duty exemption on items used by disabled persons

PM wants duty exemption on items used by disabled persons

AJK surpasses income tax target, collects Rs7.5bn in six months

AJK surpasses income tax target, collects Rs7.5bn in six months

Special benches constituted to decide tax-related cases

Special benches constituted to decide tax-related cases

'Govt to waive penalty imposed on late filing of tax returns'

'Govt to waive penalty imposed on late filing of tax returns'

FBR launches crackdown against 'influential' tax evaders

FBR launches crackdown against 'influential' tax evaders

Economists say mini-budget lacks clarity of thought

Economists say mini-budget lacks clarity of thought

Govt urged to take stakeholders on board for EDI protocols

Govt urged to take stakeholders on board for EDI protocols

Extension sought to file tax returns

Extension sought to file tax returns

FBR revenue shortfall surges to Rs184 billion

FBR revenue shortfall surges to Rs184 billion

Suzuki, after Toyota, announces to suspend booking of non-filers

Suzuki, after Toyota, announces to suspend booking of non-filers

Senate committee proposes higher taxes on high-income individuals

Senate committee proposes higher taxes on high-income individuals