Flour mills across Pakistan to close indefinitely over withholding tax dispute M Haris
The Pakistan Flour Mills Association (PFMA) has announced a sweeping strike in protest against the new withholding tax introduced in the 2024-25 budget. Following a...
Govt to tax all traders without exceptions: Finance Minister M Haris
LAHORE: Senator Muhammad Aurangzeb, the Minister for Finance and Revenue, on Saturday categorically stated that taxes would be imposed on all traders without exception and...
FBR exempts petrol pumps from advance income tax amid dealers’ strike M Haris
The Federal Board of Revenue (FBR) announced that dealers and retail outlets of petrol pumps are exempted from the Advance Income Tax. This announcement comes...
FBR mulls options to rope in traders into tax net M Haris
A man walks with sacks of supplies on his shoulder to deliver to a nearby shop at a market in Karachi, Pakistan June 11, 2024....
FBR suffers Rs 1.25trn loss from sales tax exemption on petroleum products M Haris
The Federal Board of Revenue (FBR) reported a revenue loss of Rs 1.25 trillion in the fiscal year 2022-23 due to sales tax exemptions granted...