Tax
-
Pakistan
Major Relief Proposed for Salaried Class as Tax Cut from 35% to 20% Suggested
Islamabad (Special Correspondent) – A major tax relief has been proposed for the salaried class in the upcoming budget, with…
Read More » -
Pakistan
IMF Imposes 11 New Conditions on Pakistan, Including Tax Hike and Energy Price Adjustments
ISLAMABAD: The International Monetary Fund (IMF) has reportedly imposed 11 new conditions on Pakistan, including frequent increases in gas and…
Read More » -
Pakistan
Government Considering Removal of Mobile Phone Tax, Says Federal Minister
Islamabad (Khabar Desk) — Federal Minister for Parliamentary Affairs Tariq Fazal Chaudhry has said that a proposal to abolish taxes…
Read More » -
Pakistan
Pakistan Sets Strict Tax Collection Targets to Curb Cash Economy Under IMF Pressure
**Islamabad:** The federal government has decided to reduce the cash economy and increase documentation under pressure from the International Monetary…
Read More » -
Pakistan
PM Orders Reduction in Tax Rate for Salaried Class
Islamabad (Qudrat Daily) — Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial has announced that Prime Minister Shehbaz Sharif…
Read More » -
World
UK Introduces New Sugar Tax to Combat Obesity Crisis
The United Kingdom has launched a new set of measures aimed at tackling rising obesity rates, announcing a sugar tax…
Read More » -
Business
Pakistan Government Increases Withholding Tax for Non-Filers, Raises Limit to 75,000 Rupees
In a recent move aimed at increasing tax revenue, the Pakistani government has raised the withholding tax rate on cash…
Read More » -
Pakistan
Salaried Class Leads in Tax Contributions with PKR 499 Billion Paid in 11 Months
The salaried class in Pakistan has emerged as the highest contributor to tax payments during the first 11 months of…
Read More » -
Business
Pakistan Considers 2% Tax Hike on Profit Income from Bank Deposits, Savings Schemes in Upcoming Budget
ISLAMABAD:In an effort to provide **relief to salaried individuals and other sectors** under the supervision of the International Monetary Fund…
Read More » -
Pakistan
No New Tax on Solar Panels; 25% Income Tax Relief Announced for Teachers: FBR Chairman
ISLAMABAD:Chairman of the Federal Board of Revenue (FBR), Rashid Mehmood Langrial, has clarified that no decision has been made to…
Read More »