Taxation
When Budget 2023-24 will be Announced
When Budget 2023-24 will be Announced. We all know that the new financial year starts in the month of July and ends in June. Tax year 2023 is near to end and…
#NationalAssembly
10 articles
Taxation
National Assembly Passes Finance Supplementary Bill 2023 | Mini Budget
National Assembly Passes Finance Supplementary Bill 2023 | Mini Budget. On Monday National Assembly of Pakistan passed the Finance (Supplementary) Bill, 2023. Proposed additional taxes and duties of Rs. 170 billion, opening…
Blog
PM Imran Khan Ousted As Opposition’s No-Confidence Motion Succeeds
As many as 174 votes were cast in the favour of a no-confidence motion against PM Imran Khan. This is the first time in the history of Pakistan that a no-confidence motion…
Blog
National Assembly Speaker, Deputy Speaker Resign
ISLAMABAD: National Assembly (NA) speaker Asad Qaiser and Deputy Speaker Qasim Suri on Saturday have resigned from their post. As per details, both the National Assembly (NA) speaker and deputy speaker have…
Budget
NA passes mini-budget as govt withdraw several proposed taxes
The National Assembly has passed the Finance (Supplementary) Bill 2021, also known as the mini-budget, with a majority vote. The federal government proved a majority of 18 members in the National Assembly.…
Budget
All set to introduce Finance Bill and State Bank autonomy bill in Parliament tomorrow
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…
Budget
Govt to impose 17% GST on 140 goods in the mini budget
The government of Pakistan completed the mini-budget to the tune of Rs 360 billion that would smack 17% General Sales Tax (GST) on around 140 vital expendable and manufacturing goods, as well…
Taxation
FBR's Progress under Anti Money Laundering (AML) Act in last 4 years
The Federal Board of Revenue (FBR) registered 215 First Information Reports (FIRs) against 267 people under the Anti-Money Laundering (AML) Act in the last four years. Chairman FBR, Muhammad Ashfaq Ahmad, shared…
Finance
State Bank to be granted autonomy as parliament passes amendment bill
The State Bank of Pakistan (SBP) is soon be granted autonomy as an amendment bill was approved in the parliament on Wednesday, bringing Pakistan a step closer to reviving the $6 billion…
Budget
FBR Submits Proposed Tax Exemptions Withdrawal Bill in National Assembly secretariat
The bill proposes to streamline the tax system for non-profit organisations, listing of firms in the stock market, tax exemptions for oil refineries, special economic zones (SEZs) set up under the China-Pakistan…