Tag: Tax

Tax court likely in Sindh, says Mukesh Kumar Chawla

KARACHI: The Sindh Excise department will establish a taxation court to hold trials of tax defaulters. This was stated by Excise, Taxation & Narcotics Control Provincial...

PRA holds Amanat Scheme balloting event under RIMS

FAISALABAD: Punjab Revenue Authority (PRA) on Friday organised an event to mark the 7th, 8th and 9th balloting of the Amanat Scheme under the thriving...

Lady Reading Hospital refuses to pay bills, wants adjustment of sales...

PESHAWAR: Lady Reading Hospital (LRH), a public sector medical teaching institution has refused to pay the sales tax after ‘learning’ about exemption on levies on...

Kajol calls for the entertainment industry to be tax-free

Bollywood actress Kajol feels that the entertainment industry should be made tax free, however, she would leave the judgment to the government. During an event,...

Officers need to work hard for the recovery of taxes: Chawla

KARACHI: Mukesh Kumar Chawla, Sindh Minister for Excise, Taxation and Narcotics (ET & NC) has said that all officers and officials need to work...

PIPS organises consultation on NAP on business and human rights

ISLAMABAD: Pakistan Institute for Parliamentary Services (PIPS) in collaboration with Oxfam, organized a two-day consultation on the National Action Plan (NAP) on business and human...

FBR to bring all army personnel under tax net

ISLAMABAD: The Federal Board of Revenue (FBR) has devised a strategy to bring all armed forces personnel under tax net, after discussions with military...

Number of smokers reaches 25 million in Pakistan: health ministry

--Senator says bill under consideration to fix minimum rate of cigarettes pack at Rs 50 ISLAMABAD: Despite the repeated warnings by the National Health Services...

Trump likely to remove healthcare provision in Senate tax bill: aide

WASHINGTON: US President Donald Trump would not insist on including repeal of an Obama-era health insurance mandate in a bill intended to enact the...

Balochistan denies standardised tax policy to Chinese companies working under CPEC:...

ISLAMABAD: The government of Balochistan has refused to allow blanket tax exemption to Chinese companies working in Pakistan under the China-Pakistan Economic Corridor (CPEC),...

Vacant Pakistani consulate building in Washington under $70,000 tax debt

WASHINGTON: The large building at the corner of 22nd and R street in downtown Washington, DC, sticks out like a wart in the otherwise...

Imran terms Dar as ‘economic hitman’, calls for resignation

Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan, on Thursday, called for an immediate resignation of Finance Minister Ishaq Dar in the light of a National...

Decision to slap tax on flour mills criticised

    A number of influential business personalities have criticised the decision to impose 6.5 per cent withholding tax on the turnover for flour mills. The Pakistan...

APTMA slams increase in duty on cotton imports

    The government has further increased the customs duty on cotton imports from 2 per cent to 3 per cent, while the industry has to...

Cement prices to increase by Rs 35-40/bag after FED rate raised

  Due to the increase in Federal Excise Duty (FED) through the Finance Bill 2016, the cement prices will be increased by Rs 35-40/bag or...

Senate Panel rejects tax exemption to foreign trusts in a bid...

Opposition alleges the bill would have given cover to offshore holdings of PM’s family FBR officials say amendments were necessary to get membership of OECD,...

‘A budget for the feudal lords of Pakistan’

Businessmen Group chairman expresses grave concerns over discretionary powers, increasing of taxes Businessmen Group (BMG) Chairman and former president of the Karachi Chamber of Commerce...