profit on debt Archives - CustomsNews.pk Daily

Sat. Apr 20th, 2024

FBR binds banks to report profits earned on deposits by account holders

09-Jan-2019 Mashhud Aslam

KARACHI: The Federal Board of Revenue (FBR) on Tuesday has bound the banking companies to report details regarding account holders earning profit on deposits while relieving the banks from the…

FBR introduces progressive tax regime for non-corporate taxpayers

27-Jul-2015 Mashhud Aslam

KARACHI: The Federal Board of Revenue (FBR) has introduced progressive tax regime for profit on debt in case of non-corporate taxpayers. The rationale for introducing progressive tax rates is that…