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#TaxExemptions

Political parties exempted in Budget from filing income tax returns and paying taxes

The government proposed to exempt all registered political parties of Pakistan from the obligation of submitting their annual income tax… Read More

Taxes on Salaries and Pensions: FBR Issues Clarification

Federal Board of Revenue (FBR) issued a clarification on a news published in the daily Express Tribune, in its issue… Read More

Bad News for Salaried & Retired Employees in Upcoming Budget

The government has accepted to the condition put by the International Monetary Fund (IMF) to charge income tax on monthly… Read More

Shaukat Tarin warns Tax defaulters of action after third-party audit

Federal Minister for Finance and Revenue Shaukat Tareen has warned that if any error is found after a third party… 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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