FBR gets stay order against FTO's move to investigate low tax recovery
The Federal Board of Revenue (FBR) has taken stay orders against the Federal Tax Ombudsman’s (FTO)…
Withdrawals of Tax Exemptions and Tax Credits in Finance Act 2021
Important tax exemptions and tax credits withdrawn in Finance Act 2021 are given below:Tax…
Updated Tax Exemptions and Tax Credits for the Financial Year 2021-2022
Income Tax Ordinance, 2001 provides for tax exemptions, tax credits, reduced tax rates, and…
European Central Bank inches closer to 'digital euro'
The European Central Bank (ECB) moved closer to a “digital euro” with the launch of a pilot…
FBR Explains Changes in Minimum Turnover Tax
The minimum turnover tax of 0.75 percent would be applicable on the oil marketing companies, Sui…
Tax Experts disclosed FBR’s three budgetary proposals impracticable
Tax experts have termed Federal Board of Revenue’s (FBR) three budgetary proposals are not…
Auto Sector wins Tax Relief in Budget 2021-2022
The financial year 2021-2022 budget represented by the government on Friday, where several upcoming…
Highlights, New Taxes, Relief and Incentive Measures in Budget 2021-2022
The government presented the next fiscal year’s (2021-2022) budget with a total volume of over Rs.
State Bank Ready to launch collateral Free Loan Scheme for Cottage Industry
State Bank of Pakistan is ready to start a collateral free loan scheme for financing of up to Rs10…
Rich countries Under Criticism Over G7 Tax Deal
Anti-poverty activists on Monday criticized the agreement reached by seven rich countries (G7) to…
