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#BudgetNews

National Assembly Approved Finance Bill 2021-2022

The National Assembly of Pakistan on Tuesday approved the Finance Bill 2021-2022 with majority of votes. Prime Minister Imran Khan… Read More

FBR Officers Authorized to Arrest Anyone on Concealment of Income

The Inland Revenue officers of the Federal Board of Revenue (FBR) have been given unlimited powers to arrest any person… Read More

Taxes on Salaries and Pensions: FBR Issues Clarification

Federal Board of Revenue (FBR) issued a clarification on a news published in the daily Express Tribune, in its issue… Read More

Proposed Federal Development Budget

The federal development budget for the next financial year has been allocated Rs 900 billion, the federal ministries will get… Read More

Proposals for development budget of Punjab for next financial year

Preliminary proposals have been prepared for the development budget of Punjab for the next financial year. Apart from the recommendations… Read More

FTO ordered an investigation against officials of CTO Lahore against recovery of tax without notice

The Federal Tax Ombudsman (FTO) has passed an order against the corporate tax office, Lahore (CTO) tax employees, against the… Read More

Real Estate Sector Demands Extension In Construction Package & Amnesty Scheme

The real estate sector has demanded in the next budget that the construction package of the Prime Minister and the… Read More

Rich countries Under Criticism Over G7 Tax Deal

Anti-poverty activists on Monday criticized the agreement reached by seven rich countries (G7) to impose a minimum tax on multinational… Read More

Income Tax Returns Filing for Tax Year 2020 Reaches 2.93m

The income tax returns for tax year 2020 have reached to a new peak of 2.93 million against 2.63 million… Read More

Islamabad Chamber of Commerce chief demands fixed tax regime for Traders

Islamabad Chamber of Commerce and Industry President Sardar Yasir Ilyas Khan has urged the government to introduce a fixed tax… Read More

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