FBR updates, income tax, budgets and markets for Pakistan
World Taxes – Global Tax News & International Updates Stay updated with the latest tax news and developments from around the world, including changes in tax laws, policies, and regulations in major economies such as the USA, UK, UAE, Europe, and other countries. This category covers international taxation systems, global tax reforms, double taxation treaties, and cross-border tax updates. Readers can find insights into how different countries structure their tax systems, updates from global tax authorities, and comparisons of international tax policies. Our goal is to provide reliable and easy-to-understand global tax information for professionals, businesses, and taxpayers.
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Argentina Government will Give Workers Tax Relief from November. Due to the high inflation rate in the country, Argentina’s Economy Minister Sergio Massa said on Sunday the government will give workers tax…
The minimum wage rate per hour in UK increased with effect from 1 April 2022: The apprentice rate applies to people aged under 19, or people over 19 but in the first…
We have given here a list of the UK’s biggest and top tax evasion cases here. Dominic Chappell, a UK top businessman who bought a UK based retailer BHS from Philip Green…
Federal Board of Revenue (FBR) and Pakistan Telecommunication Authority (PTA) have jointly introduced / launched a temporary registration of Mobile Phones to facilitate overseas Pakistanis. To address the repeated concerns raised by…
The United Arab Emirates (UAE) Government is going to introduce a federal corporate tax rate on profits of businesses. UAE is initiating this step first time from June 1, 2023. Finance Ministry…
The world's 10 wealthiest men doubled their fortunes during the first two years of the coronavirus pandemic as poverty and inequality soared, a report said on Monday. Oxfam said the men's wealth…
The United States and Turkey have agreed to terms for withdrawal of Turkey's digital services tax that largely targeted highly profitable U.S. technology giants and will transition to a new global taxation…
COLOMBO: Sri Lanka slapped a tax on road accidents in a drastic austerity budget unveiled Friday as the country faces a major foreign exchange crisis. Finance Minister Basil Rajapaksa said vehicle accidents…
In its recently held hybrid Plenary meeting, the Financial Action Task Force (FATF) has decided to keep Pakistan on the grey list. Pakistan will remain on the grey list till it addresses…
A leaked data on offshore companies that is larger in size than the Panama Papers, exposed the financial secrets of the global rich and powerful, including politicians, financiers, retired generals, media owners…
Lee Kun-hee (9 January 1942 – 25 October 2020) was a South Korean businessman and industrialist who served the chairman of Samsung Group from 1987 to 2008 and from 2010 to 2020.…
An analysis is provided here of different countries with the highest sales tax rates on their retail sector on the sale of their goods and services. Those countries have a general VAT…
The finance ministers of the Group of Seven's (G7) developed economies on Saturday agreed to raise the global minimum corporate tax rate to at least 15 percent, aimed at raising more money…
Here, Tax deadlines for 2021, Income Tax Due dates or Tax Calendar is given for Individuals, Association of Persons (AOPs) and Company (Corporate Sector) of Pakistan and for World Corporate Income Tax…
A complete list of tax tips issued by the Inland Revenue Service (IRS) of USA regarding coronavirus (COVID-19) tax reliefs and Economic Impact Payments for ready reference. IRS | Inland Revenue Service…
Tax evasion through tax havens has become a global problem for developed and developing economies. International tax policy experts estimate that global tax revenue lost about 200$ billion a year as a…
France has collected taxes from year 2019, and Spain from this year. Under pressure from voters, US tech companies are paying more and more taxes in the countries where they operate. An…
About 70% of Americans do not have to pay for tax preparations and filing for there tax returns. People with low incomes or simple tax situations are often eligible for free income…
For the purpose of checking My Refund Status in IRS in United States of America you can use the Where's My Refund tool. You can also use for status of My Refund…
However, one-third of taxpayers are required to complete a tax return, which will be annually declared with the HMRC. Married couples and those living in civil partnerships taxed on their own and…