FBR expands fixed tax regime on retailers in 42 cities
KARACHI: The Federal Board of Revenue (FBR) has modified Tajir Dost Special Procedure 2024, under which retailers in 42 cities across the country are subjected to fixed rate of tax…
Government proposes up to Rs50,000/month fixed tax on retailers
KARACHI: The Finance Bill 2022 has proposed a fixed income and sales tax for small-scale retailers ranging from Rs3,000 to Rs5,000 per month depending on the monthly electricity consumption. Federal…
PCDMA calls for restoring fixed tax regime, SRO 1125
Karachi: Pakistan Chemicals and Dyes Merchants Association (PCDMA) urged the government to restore fixed tax regime (FTR) and SRO 1125 in the best economic interest of the country so that…
Fixed tax regime proposed for builders & developers
KARACHI: The Finance Bill 2016 seeks to introduce a unique non-income based Fixed Tax Regime for ‘Builders’ and ‘Developers’. Under this regime, tax liability for the builders and developers shall…