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#TaxCredits

Withdrawals of Tax Exemptions and Tax Credits in Finance Act 2021

Important tax exemptions and tax credits withdrawn in Finance Act 2021 are given below: Tax credit for person employing fresh… Read More

Updated Tax Exemptions and Tax Credits for the Financial Year 2021-2022

Income Tax Ordinance, 2001 provides for tax exemptions, tax credits, reduced tax rates, and reduction in tax liability. These tax… Read More

FBR Submits Proposed Tax Exemptions Withdrawal Bill in National Assembly secretariat

The Federal Board of Revenue (FBR) submitted a bill to the National Assembly (NA) secretariat, consisting of tax amendments to… Read More

Income Tax Credit Proposed for IT Sector

The Federal Board of Revenue (FBR) said on Wednesday that it was proposing to expand the scope of tax incentives… Read More

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