Definition of Beneficial Owners | Budget Proposals 2022-2023
The bill has proposed to introduce the definition of beneficial owner in budget for the financial…
Lesco Withholding Tax Certificate
About Lesco Bill Advance Income Tax Certificate Under Section 235 ?According toSection…
OGRA Approves 45% Increase in Gas Tariff from July
After massive hike in petrol prices twice in a week, and increase in electricity prices, now Oil and…
FBR starts budget preparation exercise for 2022-2023
The Federal Board of Revenue (FBR) has started budget preparation exercise for 2022-2023. In this…
NA passes mini-budget as govt withdraw several proposed taxes
NA approves State Bank of Pakistan (Amendment) Bill 2021 and supplementary finance bill with some…
Officials reveals logic on Mini Budget
Federal Minister for Finance and Revenue, Shaukat Tarin, has ruled out the speculations, being…
Govt to impose 17% GST on 140 goods in the mini budget
The government of Pakistan completed the mini-budget to the tune of Rs 360 billion that would smack…
Updated tax provisions for property rental income in budget 2021-22
Finance Act, 2013 shifted the property income (Property rental income) from fixed tax regime to…
Omission and merger of withholding tax provisions in finance act 2021
Omission of withholding tax provisionsThere were 38 withholding tax provisions in the Income Tax…
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Important tax exemptions and tax credits withdrawn in Finance Act 2021 are given below:Tax…
