The government is considering over a presidential ordinance to withdraw sales tax exemptions, zero-rating, and reduced sales tax rates to…
BUDGET
Budget News & Updates in Pakistan
Stay updated with the latest federal budget news, announcements, and financial developments in Pakistan. This category covers annual budget highlights, tax proposals, economic measures, government spending plans, revenue targets, and policy changes announced in the Finance Bill.
Readers can find detailed budget analysis, FBR-related changes, tax amendments, sector-wise impacts, and expert insights on how the national budget affects individuals, businesses, and the overall economy. Our goal is to provide clear and timely coverage of Pakistan’s budget and financial planning updates.
In case a person unable to file annual Income Tax return and wealth statement by due date he has right…
Within third month of passage of Finance Act, 2021, the Government felt the need of introducing amendments in the Tax…
ADVANCE TAX ON ELECTRICITY – SECTION 235(1A), DIVISION IV, PART IV, FIRST SCHEDULE As per Section 235 of the Income…
Compulsory Digitized Payment for Expenditure by Companies: This is a highly discussed amendment made in the tax laws for the…
Federal Board of Revenue (FBR) is considering allowing the corporate taxpayers a grace period of 40 days to switch over…
Amendments in Finance Act 2021 regarding Salary Income “Provisions of clause (c) of sub-section (2) of section 12 were prone…
The Income Tax (Second Amendment) Ordinance, 2021 promulgated in March 2021 was proposed to be made part of the Bill…
Under section 13 of The Sales Tax Act 1990, the Sixth Schedule of the Sales Tax Act, 1990 specifically and…
FBR Issues Clarification “Federal Board of Revenue (FBR) has issued a clarification on a news story titled “1 pc advance…
