The federal government of Pakistan is likely to increase tax for non-filers on profit earned from bank accounts and deposits.… Read More
WHT for Purchase of Property for Non Filers Could Go upto 20%: Sources
In order to increase the cost of doing business for non-filers, the Federal Government of Pakistan on the instructions of… Read More
Tax Exemptions Cost National Exchequer Nearly Rs. 4 Trillion in FY24
Tax exemptions surged to Rs. 3.879 trillion during the outgoing fiscal year 2023- 2024 (FY24). The Pakistan Economic Survey 2023-24… Read More
Govt to Impose New Duty on Nicotine Pouches and E-Cigarettes
The federal government is expected to impose federal excise duty (FED) on Nicotine pouches and e-cigarettes in the Finance Bill… Read More
Netflix Ordered to Pay Rs. 200 Million Income Tax by FBR
The Federal Board of Revenue (FBR) has served a notice to Netflix for recovery of over Rs. 200 million in… Read More
Govt Likely to Restrict Local Sales of Imported Vehicles
The federal government is considering imposing restrictions on the sale of imported old vehicles in Pakistan for up to three… Read More
FBR Transfers A Dozen Grade 19, 20, 21 Officers Ahead of Budget
In another round of shuffling in the tax department within one week, the Federal Board of Revenue (FBR) has transferred… Read More
Govt Takes Major Step on IMF Demand to Tax Pensioners
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has reportedly managed to convince the International Monetary Fund (IMF) not… Read More
Pakistan, Afghanistan Agree to Implement Temporary Mechanism to Monitor Cargo Vehicles
The Ministries of Commerce of Pakistan and Afghanistan have agreed to implement the mechanism of Temporary Admission Document (TAD) w.e.f… Read More
Govt to Decide on Sugar Exports After Consultation
The Sugar Advisory Board here on Wednesday decided that the final decision for exporting sugar will be taken after the… Read More
Gemstone Exporters Criticize Islamabad Airport Customs Staff for Irresponsible, Egotistical Behavior
The All Pakistan Commercial Exporter Association has complained to the Collector customs about the irresponsible attitude of the deputy Collector… Read More
Engro Powergen Urges CPPA-G to Help Settle Rs. 65 Billion Dues or Risk Default
Engro Powergen Thar Private Limited (EPTL) has asked the Central Power Purchasing Agency Guarantee Ltd (CPPA-G) to immediately settle its… Read More
