#TaxExemptions
Tax Exemption of Foreign Source Income of Returning Expatriates
Tax Exemption of Foreign Source Income of Returning Expatriates Tax Exemption of Foreign Source Income of Returning Expatriates. According to… Read More
Definition of Agriculture Income for Tax Exemption
Definition of Agriculture Income for Tax Exemption Definition of Agriculture Income for Tax Exemption. The Federal Board of Revenue (FBR)… Read More
Govt creates legal complications by taxing export processing zone
The Finance (Supplementary) Bill 2021 or the mini-budget is about to create a legal dilemma for the federal government as… Read More
List of Items that will face a price hike after approval of supplementary budget 2021
The federal government presented the supplementary finance bill 2021 before the Parliament for withdrawal of General Sales Tax (GST) exemptions… Read More
Tarin hints at upcoming mini budget under an agreement with IMF
Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin on Friday said that the government is bringing a… Read More
Cabinet to abolish Rs350b tax exemptions
ISLAMABAD: The federal cabinet will approve the Tax Laws (Fourth Amendment) Bill to abolish Rs350 billion tax exemptions and restore… Read More
No new taxes But exemptions will be withdrawn in mini budget, Tarin says
Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin on Friday said the government will not impose any… Read More
Tax Incentives granted under tax laws third amendment ordinance 2021
Within third month of passage of Finance Act, 2021, the Government felt the need of introducing amendments in the Tax… Read More
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Important tax exemptions and tax credits withdrawn in Finance Act 2021 are given below: Tax credit for person employing fresh… Read More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