Tag: Tax
Sindh collects Rs5,696m tax in a month
KARACHI: Sindh Minister for Excise and Taxation & Narcotics Control and Parliamentary Affairs Mukesh Kumar Chawla has said that during current financial year in one...
$40bn sent abroad in last 40 years, FBR chairman says
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi on Tuesday told the Senate's Standing Committee on Finance that around $40 billion have been sent abroad...
LDA fails to regularise unregistered marriage halls despite SC order
--Marriage halls association rejects govt's decision to impose Rs20,000 tax
LAHORE: Despite the Supreme Court (SC) orders, the Lahore Development Authority (LDA) has failed to...
PSL may become offshore company for tax relief
The Pakistan Cricket Board (PCB) is considering to register the Pakistan Super League (PSL) as an offshore company in a bid offer tax relief...
National Tax Justice Youth Film Festival ends
LAHORE: The two-day “National Tax Justice Youth Film Festival” and National Youth Peace Festival 2018 themed “youth, peace and sustainable development” ended at Ali Institute of...
PM Khan’s sister penalised over undeclared Dubai property
Prime Minister Imran Khan’s sister Aleema Khan was penalised on her undeclared property in Dubai after which she paid half of the total cost...
Govt set to impose Rs100bn taxes in mini-budget
---FBR proposes 5 to 10% regulatory duty and 1% customs duty on hundreds of imported items, including cars
---Also recommends ending income tax exemption for...
‘Two companies pay 98pc tobacco industry tax’
Multinational cigarette companies have claimed that they pay almost all taxes collected from the industry.
Philip Morris Pakistan and Pakistan Tobacco Company (PTC) pay around 98 per...
FBR issues circular regarding relief given to salaried individuals in current...
ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday issued circular regarding the relief given to salaried class persons in the current fiscal year budget.
According to...
Rs5659.254 mn tax recovered in July alone, says minister
KARACHI: Sindh Caretaker Minister for Excise and Taxation Mushtaq Ahmad has said that in the month of July, Rs 5659.254 million was collected in terms...
FBR receives detail of Dubai properties owned by Pakistanis
ISLAMABAD: Federal Board of Revenue (FBR) has declared that it has received detailed information about secret properties and income of Pakistanis in Dubai.
As per media...
Hungary to levy tax on aid groups supporting immigrants
BUDAPEST: Hungary stepped up its anti-immigration measures on Tuesday with plans to introduce a 25 percent special tax on aid groups which support migration.
Prime...
Senate’s finance committee approves 30 per cent petroleum levy
ISLAMABAD: The standing committee of the Senate on Finance has rejected the 200 percent increase in the levy on petroleum products and approved enhancement...
Miftah says privatisation should be top agenda for upcoming elections
Says tax amnesty scheme introduced to give tax evaders a chance to declare their undeclared wealth
ISLAMABAD: Adviser to Prime Minister on Finance, Revenue and...
PM’s economic reforms to expand tax net: Qaiser Sheikh
ISLAMABAD: Chairman of the National Assembly's Standing Committee on Finance, Revenue and Economic Affairs Qaiser Ahmed Sheikh said on Thursday that the prime minister's economic...
Another tax amnesty scheme in offing to whiten black money before...
Former adviser says such schemes have no linkage to economy
ISLAMABAD: The federal government is about to announce another tax amnesty scheme despite the...
Tax Day to be observed on April 10
LAHORE: Punjab Revenue Authority (PRA) Chairman Dr Raheal Ahmed Saddiqui on Wednesday organised a meeting in connection with the ‘Tax Day’ at the PRA headquarters.
To...
