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