Income Tax Payment: KTBA asks FBR to extend date
Karachi Tax Bar Association (KTBA) has requested Federal Board of Revenue to extend the last date of income tax payment date from September 16 to up to September 25 in…
Pakistan Customs, Tax, Shipping & Business News Resource
Karachi Tax Bar Association (KTBA) has requested Federal Board of Revenue to extend the last date of income tax payment date from September 16 to up to September 25 in…
KARACHI: A three member bench of Supreme Court of Pakistan (SCP) in a land mark judgment held here on Thursday that fiscal notification enhancing the levy of tax issued by…
KARACHI: The federal government through their high officials of Federal Board of Revenue (FBR) has directed to Regional Tax Officers (RTOs) in all mega cities of the country to collect…
KARACHI: The hearing of a constitutional petition seeking immediate appointment of Chairman to Special Customs Appellate Tribunals was adjourned till July 04 as a law officer for federal government sought…
KARACHI: The federal government has announced to reduce additional customs duty to 11 percent from 16 percent earlier on import of a large number of goods. According to SRO 484(I)/2016,…
KARACHI: The federal government has imposed regulatory duty on several products vide SRO 475(I)/2016. Accordingly, through amendment in SRO 668(I)/2014 regulatory duty of 25% is imposed on whey powder, milk…
KARACHI: A division bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Mahmood A Khan on Thursday reserved orders in a petition challenging a…
KARACHI: The government’s decision to increase Federal Excise Duty (FED) on Cement from five per cent to Rs 50 on a 50-kilogram bag, will not only increase Rs 22 on…
ISLAMABAD: The federal government has proposed to enhance fixed rate basis on steel sector, ship breakers and steel melters. Sales tax on steel sector, including ship breaking sector in the…
KARACHI: The Finance Bill 2016 proposes to enable the Federal Government to enter into a tax treaty or tax information and exchange agreement or multilateral convention or inter government agreement…
KARACHI: Federal government, through the Finance Bill 2016, has extended Super tax as applicable for tax year 2015 to tax year 2016 also. Through Finance Act, 2015, Super tax was…
KARACHI: The federal government has increased the rate of capital gains tax (CGT) on disposable of securities for non-filers, while rates are kept intact for filers. Finance Bill 2016 proposes…
ISLAMABAD: Federal government on Friday announced a major relief for government employees and the labour in the federal budget 2016-17. Fiance Minister Senator Ishaq Dar in his budget speech said…
ISLAMABAD: The federal government has imposed income tax on income derived from rental property on both individuals and association of persons. According to the proposals made in finance Bill 2016,…
ISLAMABAD: The Federal Government has allocated Rs 41,000 million for executing 43 development projects of Railways Division in the Public Sector Development Programme (PSDP) for the fiscal year 2016-17 which…
ISLAMABAD: Rs 31,716.370 million have been allocated by the federal government for various ongoing water schemes and new projects under Public Sector Development Programme (PSDP) for next fiscal year 2016-17…
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Abdul Malik Gaddi declared the Federal Excise Act as ultra vire of the Constitution…
KARACHI: Justice Athar Minallah of Islamabad High Court allowing four identical constitution petitions ordered the Federal Government to forthwith take appropriate measures and initiate the process for making fresh appointments…
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Justice Irfan Saadat Khan and Justice Zafar Ahmed Rajput on Thursday adjourned hearing of a constitution petition filed by…
KARACHI:-A full bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi, Justice Muhammad Junaid Ghaffar and Muhammad Iqbal Kalhoro adjourned hearing of a question arising out of…