Govt retains tax exemptions on medical equipment, health, and education items M Haris
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, announced on Friday that tax exemptions have been retained for medical surgery equipment, as well as...
FBR sets minimum profit rates for builders and developers in new tax scheme M Haris
The Federal Board of Revenue (FBR) has established minimum profit rates for builders and developers under the amended Finance Bill 2024 to facilitate the collection...
Ushr tax proposed for agricultural land M Haris
LAHORE: Federation of Pakistan Chambers of Commerce and Industry’s (FPCCI) Standing Committee on Agriculture has coined the idea of introducing an Ushr tax on farmland...
PM intervenes to maintain 15% tax on bank profits M Haris
ISLAMABAD: The 15% additional income tax on banks may remain in place after Prime Minister Shehbaz Sharif intervened on Thursday, directing authorities not to provide...
IMF rejects govt move to cut tax rates, grant concessions M Haris
The plague of the International Monetary Fund (IMF). — AFP/File IMF refuses restoration of export proceeds into fixed tax regime. Fund wants all incomes to...