Federal Government Plans to Increase Tax Revenue by 25% – While Tax-to-GDP Remained Low
The federal government plans to increase tax revenue for the FY 2020-21. The government intends to increase revenue by 25%.
taxes
All Duties, Taxes Withdrawn on Cotton Import
All duties and taxes on cotton imports have been withdrawn by the Economic Coordination Committee…
PM Exempts Naya Pakistan Housing Scheme from Taxes
PM Khan has given approval for the exemption of the sales tax and fixed tax…
The new government urged to impose additional taxes on unnecessary imports
Pakistan needs $9.25 billion to repay the debt payments during the current fiscal year which…
Govt. of Punjab to Impose Taxes on Careem and Uber
In the upcoming budget of the Punjab government for the year 2018-19, the ride-hailing services—Uber and…
Pakistan Government May Not Increase Taxes in The Next Budget 2018-19
Ahead of general elections 2018, the government is unlikely to increase taxes in the upcoming…
Mobile companies evaded taxes worth Rs.400 billion—NAB Chairman
According to the chairman National Accountability Bureau (NAB) Justice (R), Javed Iqbal the mobile phone…
PEMA rejects the regulatory duty on imports straight away
The Government of Pakistan through its Notification dated sixteenth October 2017 has forced Regulatory Duty…
Telecom Companies contributed 42.5 billion in Taxes during the last 5 years
Telecom services providers in Pakistan collectively paid Rs42,549.3 million in taxes during the last five…
Budget deficiency can mean more taxes on you
A welter of new income measures could become plainly fundamental this financial year. This is…