Valuation of property; ABAD, realtors reject amendment to Income Tax Ordinance

KARACHI: The Association of Builders and Developers of Pakistan (ABAD) and the real estate sector have outrightly rejected amendment in the Income Tax Ordinance 2001 … Continue reading

Tax increased on foreign receipts

KARACHI: The governments intends to introduce multi-fold increase in the tax rate applicable, gross receipts from services rendered and construction contracts executed outside Pakistan. Presently, … Continue reading