Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Contrary to expectations of change in treatment of income from capital gain and dividends to normal tax, affecting net returns of the investors; we believe the budget FY25 is…
KARACHI: Finance Bill 2025 has proposed revised capital gains tax (CGT) rates on the sale of securities, set to take effect from July 1, 2024. Under the current regime, CGT…
Karachi: Pakistan Stock Exchange (PSX) urges the Government to rationalize the Capital Gains Tax (CGT) structure in line with international best practice and reduce the rate, which is currently one…
Karachi: Members of PSX Stockbrokers Association (PSA) and other participants of Capital Market are dismayed over the neglect of the Capital Market by the Federal Government in the budget for…
Karachi: Members of PSX Stockbrokers Association (PSA) and other participants of Capital Market are dismayed over the neglect of the Capital Market by the Federal Government in the budget for…
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Mahmood A Khan on Wednesday stayed collection of Capital Gain Tax till further…
KARACHI: Chairman Association of Builders and Developers of Pakistan (ABAD) Arif Yousuf Jeewa, strongly opposing notices issued by the Federal Board of Revenue (FBR) to builders and developers for providing…
KARACHI: The federal budget announcement for fiscal year 2017-18 came rather disappointing for the stock market as finance ministry igonred all its recommendations and instead raised the incidence of tax…
KARACHI: President of the Karachi Chamber of Commerce & Industry (KCCI) Younus Muhammad Bashir has said that there was absolutely no solution to deal with issues emerging after the issuance…
KARACHI: The new property valuation mechanism introduced by the federal government has totally halted property registration activities all over Pakistan causing frustration among applicants and huge loses of revenue to…
KARACHI: The Federal Board of Revenue (FBR) has been authorized to notify the valuations of the properties throughout the country including Karachi, Lahore and Islamabad, said Ishaq Dar, Federal Finance…
KARACHI: The meeting of the 13-members committee of Builders and Developers with Haroon Akhtar Khan, advisor to the Prime Minister and member policy Federal Board of Revenue (FBR) was held…
KARACHI: The meeting of Finance Minister Ishaq Dar and Advisor to the Prime Minister Haroon Akhtar with 13-members committee of the builders and developers has been postponed till tomorrow (Thursday)…
KARACHI: Secretary Policy FBR Raja Vishnu Qavi has said a new fully automated sales tax system is being implemented from July 01, 2016, which would reduce post-filing discrepancies. “We expect…
KARACHI: The Federal Board of Revenue (FBR) has proposed draft of certain further amendments to add provision in Rule 13N of Income Tax Rules, 2002 to provide for mechanism for…
KARACHI: Pakistan Stocks Exchange (PSX) has presented its proposals for the Federal Budget 2016-17 directed towards providing an impetus to create an investment friendly environment, spur investment, enhance industrial activity…