Tag: Taxes

Operators suspend cable TV service in protest over ‘unjustified taxes’

Cable operators on Thursday suspended cable services across Punjab for three hours, from 7:00 pm to 10:00 pm, in protest over what they called...

Only one million people pay taxes in country: Dr Ishrat

Institute of Business Administration Karachi Director Dr Ishrat Husain on Monday urged government to give more focus on implementation rather than only preparing policies,...

Mini budget destabilises entire tax structure: ICCI

ICCI president says dependence on indirect taxation increasing poverty Islamabad Chamber of Commerce and Industry (ICCI) on Sunday said that Rs 40 billion mini budget...

Don’t increase taxes ­ not on us

Business Community warns against any further increase in taxes Local business community in a meeting at the Islamabad Chamber of Commerce and Industry (ICCI) cautioned...

Dar says Rs 40b taxes will be levied on luxury items

  Finance Minister Mohammad Ishaq Dar said on Tuesday that Tax and energy reforms are a must for economic stability of the country. In an interview,...

Govt eyes agri, construction and manufacturing sectors for growth, jobs

Halal, Horticulture and Cool Chain get four-year tax exemption with interest free loans of up to Rs 1m for solar tube wells

Retailers to benefit as govt rolls back some taxes: report

The move has been taken at a time when the government has slapped roughly Rs 50 billion new taxes through three ‘mini-budgets’ in as many months, which will affect all households, irrespective of income levels, because they are levied on essential items like fuel

CDA to increase taxes by 2 percent

Capital Development Authority (CDA) has decided to increase taxes on property and water by 2 percent for meeting target of Rs 15 billion annually. In...

Pakistan’s poor pay tax equal to middle income groups: report

Households in the lowest decile pay about 2.4% of the total taxes while consuming only 3% of the total consumption.

1,000 private schools issued notices to pay taxes

More than 1,000 private schools located in various areas have been served notices to submit details of their commercial and professional taxes, school license...

Govt asked to reduce taxes on telecom industry

The Islamabad Women’s Chamber of Commerce and Industry (IWCCI) on Thursday said mobile phones are one of the most effective tool to lift people...

Senate committee infuriated over taxes on mobile phone cards, losses on...

The senate’s standing committee for the cabinet division expressed its concerns over the loss of billions of rupees from Pakistan due to grey telephone...

Discriminatory taxes on people can’t be allowed: CJP

  Chief Justice of Pakistan (CJP) Iftikhar Muhammad Chaudhry has remarked that the court could not allow discriminatory treatment to poor consumers in the form...

Rabbani leads walkout against confusing FBR taxes

  Opposition Leader in the Upper House Mian Raza Rabbani on Tuesday accused the government of confusing the imposition of two percent additional general sales...

The myth of the rich who flee from taxes

Last month, Vladimir V. Putin hugged his newly minted fellow Russian citizen, the actor Gerard Depardieu, posing for cameras at the Black Sea port...

Rs93.908 billion waived off in fiscal year 2011-12

The government has granted a whopping relief of Rs 93.908 billion in income tax and sales taxes during fiscal year 2011-12. Sources told Online...

Film stars not exempt from taxes!

The Excise Department on Saturday sealed Pakistani film star Meera’s bungalow for non-payment of taxes. According to Excise Department Lahore sources, Rs 227,000 was...