Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Ministry of Finance through the Federal Budget 2015-16 has increased the minimum rate of customs duty to 2.0 percent from 1.0 percent earlier, while duty structure has also…
KARACHI: The Finance Bill 2015-16 has proposed to bar Customs authorities from initiating recovery proceedings if in any case, any duty/tax is not/short levied or erroneously refunded if the recoverable…
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…