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Budget Proposals 2022-2023
Bad News for Pakistan Salaried Class | Income Tax Rates 2022-23

Bad News for Pakistan Salaried Class | Income Tax Rates 2022-23

A bad news for salaried class in the shape of considerable high Revised Salary Income Tax Rates 2022-23 in the amended Finance Bill 2022. This change will be experienced by salaried class for the month of July 2022…

Budget Proposals 2022-2023
Revised Salary Income Tax Rates 2022-23 | Budget Proposals

Revised Salary Income Tax Rates 2022-23 | Budget Proposals

A bad news for salaried class in the shape of considerable high Revised Salary Income Tax Rates 2022-23 in the amended Finance Bill 2022. This change will be experienced by salaried class for the month…

BUDGET
Pakistan Super Tax | Govt Charged 10% Super Tax on 13 Sectors

Pakistan Super Tax | Govt Charged 10% Super Tax on 13 Sectors

Here on Friday, PM Shehbaz Sharif announced to impose a 10% super tax on 13 large scale industries. While addressing the nation, the PM said that the government has taken these “tough decisions” regarding the…

Budget Proposals 2022-2023
Definition of Beneficial Owners | Budget Proposals 2022-2023

Definition of Beneficial Owners | Budget Proposals 2022-2023

The bill has proposed to introduce the definition of beneficial owner in budget for the financial year 2022-2023. Every company and Association of Persons (AOP) is proposed to electronically submit details of beneficial owners and…

Budget Proposals 2022-2023
Salary Tax Calculator 2022-23 Pakistan | Income Tax Slabs 2022-23

Salary Tax Calculator 2022-23 Pakistan | Income Tax Slabs 2022-23

Seven Income Tax slabs of Salary Income has been introduced in the proposed Budget Income Tax Slabs. According to the Proposed budget for the year 2022-2023, monthly salary of up to Rs. 50,000 (Rs. 600,000 annually) will be…

Budget Proposals 2022-2023
Salary Increase of Government Employees in Budget Speech 2022-23 Pakistan

Salary Increase of Government Employees in Budget Speech 2022-23 Pakistan

The finance minister announced that owing to the high inflation in the country, the government proposed Salary Increase of Government Employees in Budget Speech 2022-23 Pakistan by 15 per cent. The pensions also proposed to…

Budget Proposals 2022-2023
Budget Income Tax Slabs Proposed 2022-2023 | Salary Tax Calculator

Budget Income Tax Slabs Proposed 2022-2023 | Salary Tax Calculator

Seven Income Tax slabs of Salary Income has been introduced in the proposed Budget Income Tax Slabs. According to the Proposed budget for the year 2022-2023, monthly salary of up to Rs. 50,000 (Rs. 600,000…

BUDGET
Pakistan Federal Budget 2022-2023 is to Announce Today

Pakistan Federal Budget 2022-2023 is to Announce Today

Finance Minister Miftah Ismail to present budget for fiscal year 2022-23 today (Friday). The measures to be announced by the federal government in the budget being presented today would be important for the approval of…

BUDGET
Govt ready to offer Third Tax Amnesty Scheme to industrialists

Govt ready to offer Third Tax Amnesty Scheme to industrialists

The federal cabinet Tuesday approved a summary moved by the finance ministry, to promulgate an ordinance to offer a third tax amnesty scheme to industrialists. The Ministry of Finance circulated a summary among the federal…

BUDGET
Govt Imposed 17% Sales Tax on Hospital Supplies

Govt Imposed 17% Sales Tax on Hospital Supplies

The government has imposed a 17 percent sales tax on supplies to hospitals, has increased the operational cost of hospitals and medical treatment. Presentation was given by the leading hospitals to the Federal Board of…