Tag: income tax

Salaried class to suffer after govt’s tax reforms

The federal cabinet is likely to propose new tax reforms, including a revision in the minimum level of taxable income, a local media outlet...

Saudi Arabia, UAE introduce VAT for first time

RIYADH/ABU DHABI: Value Added Tax (VAT) has been introduced in Saudi Arabia and the United Arab Emirates for the first time. The 5 per cent...

ICCI for doubling income tax threshold in upcoming budget

Islamabad Chamber of Commerce and Industry President Atif Ikram Sheikh, while addressing an event attended by Member National Assembly and Standing Committee on Parliamentary...