Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Finance Bill 2015-16 has accorded Federal Board of Revenue (FBR) with unlimited access to financials of any person, association of persons or company. The Bill has proposed to…
KARACHI: The Finance Bill 2015-16 has proposed revision in the income tax rates and slabs on salaried taxpayers as well as non-salaried taxpayers. The minimum income tax rate on the…
KARACHI: The federal cabinet on Friday approved the budget for the fiscal year 2015-16 (FY2015-16), with a total outlay of Rs4.313 trillion, which is 9.1 per cent higher than the…
KARACHI: Pakistan macros continued to show improvement in FY15 as economic indicators including economic growth, inflation, fiscal deficit and external account showed improvement over the previous year. Pakistan GDP grew…
KARACHI: The Finance Minister Ishaq Dar has announced revised capital gains tax (CGT) slabs on trade of securities within two years while a new CGT slab has been introduced on…
KARACHI: Finance Minister Ishaq Dar has announced on Monday that the Federal Board of Revenue (FBR) is deprived of its authority of issuing concessionary statutory regulatory orders (SROs). Henceforth, FBR…
KARACHI: MCC Port Qasim has formed 10 different teams in order to mobilize efforts to meet revenue collection targets in the wake of closing of the financial year on June…
KARACHI: The Model Customs Collectorate of Preventive in separate raids has recovered 7.116 tons of black tea worth Rs3.7 million, which was smuggled into the country. Three FIRs have been…
KARACHI: The Income Tax Officers (ITOs) promoted to BS-18 earlier and whose promotion in BS-19 is going to be taken up at Department Selection Board (DSB) meeting on June 15,…