Income Tax Ordinance, 2001 provides for tax exemptions, tax credits, reduced tax rates, and reduction in tax liability. These tax…
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The minimum turnover tax of 0.75 percent would be applicable on the oil marketing companies, Sui Southern Gas Company Limited…
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Tax experts have termed Federal Board of Revenue’s (FBR) three budgetary proposals are not practicable. These includes 1- collection of…
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Federal Board of Revenue (FBR) has clarified that the table prescribing tax rates for minimum tax on turnover basis has…
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The government has finally taken the decision to remove all income tax provisions from the Finance Bill, 2021, relating to…
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The standing committee informed and proposed that an amendment is under way to streamline legality that deals with the tax…
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The government proposed to exempt all registered political parties of Pakistan from the obligation of submitting their annual income tax…
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The Inland Revenue officers of the Federal Board of Revenue (FBR) have been given unlimited powers to arrest any person…
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Federal Board of Revenue (FBR) issued a clarification on a news published in the daily Express Tribune, in its issue…
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The financial year 2021-2022 budget represented by the government on Friday, where several upcoming policy changes have been brought. Rumors’…
