Tag: Taxation

Govt expects Rs1tr in non-tax revenue, says finance adviser

--Hafeez Shaikh says reforms bearing fruit, economy moving towards stability --Says privatisation of National Bank, State Life Insurance under consideration ISLAMABAD: Adviser to the Prime Minister...

Budget focused on adopting austerity, cutting expenditures, says govt

--PM’s finance adviser says ‘if some people are offended by increased taxation, govt is willing to take that risk’ --Shaikh says budget aims to develop...

Excise, taxation dept will be strengthened: KP CM

ISLAMABAD: Khyber Pakhtunkhwa (KP) Chief Minister (CM) Mahmood Khan has said that the Excise and Taxation Department would be strengthened in the province. Presiding over a...

Taxpayers are partners in country’s development: ministers

LAHORE: Provincial Minister Excise and Taxation Mujtaba Shujaur Rehman and Provincial Finance Minister Dr Ayesha Ghaus Pasha said on Tuesday that payment of taxes...

PRA chairman pays gratitude to the taxpaying women in society

LAHORE: As part of Tax Day celebrations, Punjab Revenue Authority (PRA) organised a panel discussion on the topic “A Taxpaying woman is more vocal...

Govt assures IT industry of speedy clearance of imported goods

    A senior official of the Customs Department has assured the IT industry that the formal/documented imports of the computer vendors and the IT industry...

FBR proposes Rs 200 billion revenue measures for FY17

The government has provided tax incentives to the agriculture sector, five export oriented sectors, youth oriented ICT sector and Chinese investment in Gwadar.

Additional tax on services harming economy: PBIF, strike initiated against WHT

Government must reconsider eight percent withholding tax on turnover of the services sector having 53 percent share in GDP lest it falls apart hurting...

Businessmen, bankers demand fair taxation system

The Islamabad Chamber of Commerce and Industry (ICCI) in collaboration with ACCA Pakistan organised a pre-budget discussion in Chamber House to advocate for healthy...

Excise and Taxation Department in action

334 buildings sealed in Rawalpindi for defaulting property tax The Excise and Taxation Department Rawalpindi has sealed 334 residential and commercial buildings in 23 circles...

E&T Department fails to register official vehicles

While the Excise and Taxation (ET) Department has failed to register official vehicles, the traffic police has started an operation against token tax defaulters...

Huge stocks of liquor recovered

The provincial Excise and Taxation Department arrested at least nine men for possessing 58 liters of unlicensed liquor. On directives of Minister for Excise and...

Excise, Taxation officials retrieve 400kgs of charas

On special directives of Sindh Minister for Excise and Taxation Mukesh Kumar Chawla, the intelligence wing of the department arrested criminals involved in trafficking...

Islamabad, Washington mull NATO taxation

To break the stalemate over the reopening of NATO supply routes, Pakistani and US officials are trying hard to reach a mutually acceptable amount...

Excise and taxation reforms should be replicated: Banuri

The efforts at introducing reforms in the Islamabad Excise and Taxation Department have taught lessons that have the potential to be replicated to improve...

Taxation vital for economic uplift, says Khosa

Punjab Governor Latif Khosa has said that taxation is important for economic uplift, infrastructures development, and nation building and there is a need to...

Taxation of regression

In traditional development theory, it is said that a government will only feel responsible towards its citizens, if it can be held accountable before...