Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Federal budget FY22 has proposed to abolish withholding tax (WHT) on cash withdrawal from the banking system and non-cash banking transfers. The federal government in its Federal Budget 2021/22…
KARACHI: Tax collection from non-cash banking transactions fell 6.0 percent to Rs4.05 billion during the first five months of the current fiscal year compared with Rs4.38 billion collected in the…
KARACHI: The Federal Board of Revenue (FBR) has directed all the banks to deduct Withholding Tax (WHT) on every kind of banking transactions of every account opened on a Computer…
ISLAMABAD: Minister for Finance Ishaq Dar on Monday announced extension of date for the Voluntary Tax Compliance Scheme (VTCS) up to March 15, 2016 to give more opportunities and relief…
KARACHI: The Federal Finance Minister Ishaq Dar has announced to reduce the withholding tax on all banking transactions exceeding Rs50,000 from 0.6 percent to 0.3 percent. The decision was taken…