FBR to increase property valuation rates by 90% to boost tax revenue M Haris
The Federal Board of Revenue (FBR) informed the Senate Standing Committee on Finance that property valuations in major urban centres will be increased from 75%...
APNS, PBA urge withdrawal of tax amendment on advertising costs M Haris
A representational image of taxes. — AFP/File Tax liability of large companies will “increase significantly”. Press, media bodies say members are under constant pressure. Tax...
New tax on over 200 medical devices set to drive up healthcare costs – M Haris
KARACHI: Federal government has imposed a sales tax on over 200 medical devices, including angiography and angioplasty equipment, as well as diagnostic kits for various diseases....
LTO Lahore imposes Rs5.41bn penalty on Millat Tractors over sales tax discrepancies M Haris
Large Taxpayer Office (LTO) Lahore has imposed a penalty of Rs5.41 billion on Millat Tractors Ltd (MTL) over mammoth sales tax discrepancies. According to a...
Exporters fail to win tax relief from PM – M Haris
ISLAMABAD: Prime Minister Shehbaz Sharif on Friday did not announce a decision on exporters’ demand to withdraw the budget proposal of imposing standard 29% income...