FBR updates, income tax, budgets and markets for Pakistan
6 articles
Federal Minister for Finance Shaukat Tarin on Thursday presented the much-awaited supplementary finance bill 2021 — termed by the Opposition as a "mini-budget" — in the National Assembly, as a pre-requisite to…
The proposed increase of five percent (5%) in the withholding tax (WHT) on telecommunication services and the standard rate of 17% percent sales tax on import of computers and accessories is expected…
The government is all set to introduce the amended Finance bill, and State Bank of Pakistan (SBP) autonomy bills in Parliament for approval tomorrow (Tuesday) despite resistance by opposition. Both the bills…
The Sindh High Court has abolished the federal excise duty of 75 paisas on every phone call of over five minutes’ duration and declared the levy against the Constitution. The court’s verdict…
PM has approved presenting of the next budget for 2021-22 in the National Assembly on June 11, 2021. The federal budget worth Rs 8000 billion for the Financial year 2021-2022 ready to…
Sources in the finance ministry told the Express Tribune that the increase in revenue would include the burden of income tax on business people and the corporate sector. The salaried class, especially…