Tax on Agricultural Income in Punjab Agricultural income is an exempt income from tax under section 41 of the Income…
This is the list of countries by inheritance tax rates and tax rates on the amount of gift. Inheritance tax is…
According to the Ministry of information and communication technology (ICT) exports of IT and telecommunication during July-December of the fiscal…
The Federal Board of Revenue (FBR) has issued a legal explanation that “salaried individuals” are not required to update their…
Non-resident Pakistani is exempt from payment of taxes, which a resident Pakistani is liable to pay. Prior to the Finance…
Mohsin Rafique of Collector Customs Appraisement Lahore informed in a seminar held at APTMA, Lahore that from January 20, 2021,…
A person who wants to become an informer, he should get himself first register with FBR for this purpose. Then…
The State Bank of Pakistan (SBP) Monetary Policy Committee on Friday maintained the policy rate at 7% for the next…
The Federal Board of Revenue (FBR) has extended scope “IT Services” and “IT Enabled Services” to collect 16% sales tax…
To facilitate exporters, the Ministry of Commerce has approved Rs. 213 million under the ‘Draw Back of local taxes and…
