Lahore: The Lahore Court (LHC) expressed its strong refusal to exempt the Federal Revenue Council (FBR) from paying the court fees to raise the tax auditor, while ordinary litigants must pay 50,000 rupees for each reference. The court described this as a clear issue of discrimination and depriving Pakistani citizens who are equal to justice. … Read more
Islamabad: The government is scheduled to decline the public sales tax by 18 % on the filled milk in an attempt to enhance investment and enhance the dairy sector, according to the Federal Minister of National Security and Research, Rana Tanvir Hussein. The Minister issued this announcement during a meeting with a delegation from the … Read more
Islamabad: BAT (BAT) called on the government to reconsider the imposition of heavy taxes on non -smoking products, including fumes, and to take stronger measures against illegal cigarette trade. The company warns that the government may lose 34 billion rupees in tax revenues in the current fiscal year due to the expansion of the black … Read more
IslamabadFinance Minister Mohamed Uranzib announced on Wednesday that the tax policy office (TPO) will work fully within a few days, a step aimed at helping taxpayers, industrialists and the business community. The Minister participated in this update during a meeting with the Chamber of Commerce and Industry (SCCI), as stated by the press release of … Read more
IslamabadOn Monday, Pakistan showed a frequency in imposing a carbon tax, a major proposal presented by the International Monetary Fund (IMF). The International Monetary Fund has suggested that this tax as part of its conditions to obtain a billion dollars loan under the sustainable and sustainable rank (RSF), which aims to support climatic elaborate countries … Read more
Islamabad: The Federal Revenue Council (FBR) of 23 billion rupees from 16 major banks in one day on February 21, 2025, following a ruling on the Supreme Court of Sind (SHC), which supported the surprise tax under Article 99 d of income tax decree, 2001. The decision represents a major step in the government’s strategy … Read more
Islamabad: The Federal Revenue Council (FBR) received data from the regional revenue authorities (PRAS) and various departments to determine the potential taxpayers and expand the tax base. According to the sources that the business registrar was martyred, the data includes ownership of vehicles, property records, and financial information from land authorities and revenues in provinces, … Read more
The International Monetary Fund (IMF) emphasized the need for broad tax reforms in Pakistan, highlighting the weak revenues of the country and excessive dependence on the official sectors of taxes. Speaking at the “Return Retirement Conception: Innovation, Cooperation and Flooding”, the President of the International Monetary Council of Benchi indicated that some sectors contribute only … Read more
The Federal Revenue Council (FBR) reviewed the regional jurisdiction to collect prior income tax on property transactions in Karachi, where he received observation responsibilities for the Regional Tax Office 1 (RTO-1), according to a notice issued by Islamabad. According to the updated judicial mandate, RTO-1 will be supervised by tax collection under Articles 236C and … Read more
Islamabad: Prime Minister Shaybaz Sharif has postponed a decision on the tax incentive package aimed at reviving the real estate sector in Pakistan, with decisive issues about construction benefits and pardoning to disclose income that is still without a solution. Once again, the tax authorities filed objections to a proposal from a businessman that would … Read more