Tag: Gst
FBR imposes 5 percent GST on import of old and used...
The Federal Board of Revenue (FBR) has issued notification on imposition of a five percent General Sales Tax (GST) on import of old and...
Spreading GST impact downs inflation in June
According to Pakistan Bureau of Statistics (PBS), the Consumer Price Index (CPI) inflation during June stood at 5.85 percent which the market analysts said...
APCNGA rejects 9% hike in GST
The All Pakistan CNG Association (APCNGA) on Thursday said the decision of the government to jack up General Sales Tax (GST) on sale of...
Govt should bring GST to 15%: Adeel
Government should seriously consider withdrawing one percent increase in General Sales Tax (GST) and bring it down from 17 percent to 15 percent as...
17% GST to be imposed retrospectively from June 13
The government has proposed the imposition of an increased rate of 17 percent GST on all taxable goods with retrospective effect from June 13,...
Govt won’t budge on GST
Minister for Finance Ishaq Dar on Saturday rejected opposition's criticism over the proposed one percent increase in the General Sales Tax (GST), stating that...
SC nullifies raise in POL prices per jacked up GST
Terming collection of one percent additional sale tax on petroleum products without approval of Finance Bill from parliament as unlawful and unconstitutional, the Supreme...
Opposition unites to rile treasury over SC’s GST verdict
The Supreme Court verdict illegalising the raise in general sales tax on Friday pushed the PML-N government in a tight corner, as the opposition...
SC declares GST hike unconstitutional
The Supreme Court on Friday declared unconstitutional the one per cent increase in general sales tax (GST) and has ordered immediate withdrawal of the...
Increase in sales tax unacceptable: CJP
Chief Justice of Pakistan (CJP) Iftikhar Muhammad Chaudhry on Thursday said the way interim sales tax had been imposed was not acceptable, adding that...
Senate body rejects proposal to enhance GST
The Senate’s Standing Committee on Finance has rejected the proposal to enhance general sales tax from 16 to 17 percent The committee‚ which met...
Lawmakers concerned over rise in GST, drone strikes
Members of the National Assembly on Tuesday expressed reservations on 1 percent increase in GST, drone strikes, law and order situation in Balochistan and...
Additional Rs 60b required for cut in GST rate: Dar
Finance Minister Ishaq Dar has said if the government could arrange Rs 60 billion from substitute sources, he was ready to reduce the slab...
ANP moves motion against GST in Senate
Awami National Party (ANP) moved an adjournment motion in Senate over implementation of the increase in general sales tax (GST) prior to Parliament’s approval.
ANP...
‘Govt will bear Rs 45b if GST reduced by 1pc’
The tax authorities on Wednesday informed the Senate Standing Committee on Finance that the government will bear a dint of Rs.45 billion if General...
Sindh Revenue Board in hands of daily wagers
As the Sindh has been collecting General Sales Tax (GST) on services under the 7th National Finance Commission (NFC) Award, after a lengthy argument...
Auto Parts Association hails GST cut
Chairman of Auto Parts Manufacturers Exporters Association Tahir Javaid Malik has welcomed the decision to cut General Sales Tax on tractors from 16 per...
