Government reduced Petrol prices
New Petrol PriceDuring the first 15 days of next month, the federal government reduced the price…
Vehicles tax rates for tax year 2021
Amendments through Finance Act, 2020Federal Board of Revenue (FBR) updated rate of income tax on…
PTI government considering another tax amnesty scheme
Amnesty Scheme on foreign currencyThe PTI government is considering another amnesty scheme. It…
How to register a construction company in Pakistan
Steps for registration of a construction company in Pakistan.A d v e r t i s e m e n tWhile…
Free use of foreign currency account outside Pakistan stopped by government
In an effort to document economy, dismantle manipulations of foreign currency markets and money…
Taxation of gifts in Pakistan
When Gifts Treated as Income ?The FBR will consider provision of gift from closed blood…
Increase of tax on profit on debt for the persons other than companies
Previously, upto tax year 2019, the persons (mentioned in clauses a to d of sub section (1) of…
Ministry of commerce announced the import policy of new and used cars under Import Policy Order, 2020
Ministry of commerce announced the import policy of new and used cars under Import Policy Order…
Tax returns from Karachi city low-income areas surprisingly on top
Karachi’s wholesale and retail markets, which meet the needs of low-income and…
Pakistan's current account balance again remains in surplus
Pakistan’s current account balance continued to remain in surplus for the second…
