FBR raises sales tax on unregistered persons to 4 percent
KARACHI: The Federal Board of Revenue (FBR), the revenue division of the government of Pakistan, has announced a one percent increase in the sales tax (further tax) on unregistered persons…
Pakistan approves budget with higher tax on new motor vehicles
The National Assembly of Pakistan has approved the budget for the fiscal year 2023-24, which includes a provision to impose up to 10 percent advance tax on new motor vehicles.…
New Tax Rates For Salary Income Applicable from July 01, 2023
KARACHI: The National Assembly of Pakistan has passed the budget for the fiscal year 2023-24, introducing new tax rates for salary income. These rates will be applicable for the upcoming…