Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The text of convention between Pakistan and Bangladesh for avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income, which was signed on October…
KARACHI: Zakaria Usman, President, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and ECO CCI on Monday said the government can earn more revenue from income tax on rentals…
KARACHI: The Federal Board of Revenue (FBR) on Monday notified the posting of officers of Pakistan Customs Service BS-17 on completion of specialized training at the directorate general of Training…
KARACHI: The text of agreement between Afghanistan and Pakistan called Afghanistan-Pakistan Transit Trade Agreement (APTTA) 2010. The Government of the Islamic Republic of Afghanistan and the Government of the Islamic…
KARACHI: The text of the convention signed between Pakistan and Bahrain for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income on…
KARACHI: Following is the text of convention between Pakistan and Azerbaijan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, that…
ISLAMABAD: The Federal Board of Revenue (FBR) has attributed 0.4 percent growth in tax-to-GDP ratio to 8.9 percent in fiscal year 2013/2014 from preceding fiscal year’s 8.5 percent to government…
ISLAMABAD: The third party collection of income tax or withholding tax has contributed around 63 percent in total collection of direct taxes. In Biannual Review for January to June 2014,…
ISLAMABAD: The collection of sales tax has increased by 18.5 percent to Rs1,002 billion in fiscal year 2013/2014 from Rs842 billion in the preceding fiscal year. The significant increase in…
ISLAMABAD: The Federal Board of Revenue (FBR) on Friday said that the appreciation in rupee against dollar during last fiscal year resulted in almost flat growth in collection of customs…
KARACHI: Following the text of convention between the United Kingdom of Great Britain and Northern Ireland and Islamic Republic of Pakistan for the avoidance of double taxation and the prevention…
KARACHI: The Model Customs Collectorate of Exports has expedited the process of recovery through physical attachment of properties to secure government revenue. The Model Customs Collectorate of Exports has physically…
KARACHI: Directorate of Customs Intelligence and Investigation, Quetta in its anti-smuggling drive during the period March 17 to October 15 has recovered goods worth Rs350 million involving over Rs100 million…
KARACHI: Model Customs Collectorate of KICT West Wharf has announced schedule for auction of leftover/rejected lots from October 20, 2014 to October 23, 2014.
KARACHI: Following is the text of convention for avoidance of double taxation signed between Pakistan and United States on July 01, 1957. Double Taxation: Taxes on Income Convention signed at…
KARACHI: The Federal Board of Revenue (FBR) has notified transfers/postings of the following officers of Inland Revenue Service (BS-20) with immediate effect and until further orders. Muhammad Tanvir Akhtar Malik…
KARACHI: Following is the text of Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income on August 04, 2005 signed between Pakistan and…
KARACHI: The Federal Board of Revenue (FBR) has been informed that e-intermediaries are not able to use sub-user accounts under the new software for filing income tax return for tax…
KARACHI: Following is the text of Income Tax Ordinance, 2001 amended up to June 30, 2014. AN ORDINANCE To consolidate and amend the law relating to income tax WHEREAS it…
KARACHI: The government of Pakistan and Switzerland signed treaty on December 20, 2008 in Islamabad to avoid double taxation on the following principles. (Income Tax) S.R.O.1290(I)/2008.- WHEREAS the Government of…