The Sindh government (SRB) has introduced revised stamp duty rates for the acknowledgment or receipt of money or any other consideration related to immovable properties, effective from July 1, 2024, […]
Finance Act, 2024 brings changes to the country’s sales tax structure, impacting various sectors. Here’s a breakdown of the key revisions: Good News for Gold Industry: A significant exemption applies […]
Pakistan’s tax landscape has seen a positive development with a significant rise in the number of active taxpayers. This article explores the details behind this jump and its potential impact […]
The government has implemented new taxes on vehicles as part of the new financial year, making it more expensive for consumers to purchase a car. These changes include: Regulatory Duty: […]
Muzaffarabad, Azad Jammu & Kashmir: In a remarkable feat, the Inland Revenue Department (Northern Zone) has successfully met its revenue collection target for the fiscal year 2024. The department’s unwavering […]
The government has introduced significant changes to its income tax system through the Finance Act 2024. These measures aim to encourage timely tax filing, increase revenue collection, and potentially shift […]
President Asif Ali Zardari assented to the controversial Finance Bill 2024, now Finance Act 2024 ushering in a new fiscal year with a heavy tax burden. The bill, passed by […]
Pakistan’s parliament recently passed a new budget for the fiscal year 2025 (FY25), including significant changes to property taxes. Here’s a breakdown of the key points: New Duty Rates: The […]
This article narrates changes to Pakistan’s government pension system for both existing retirees and those retiring after July 1st, 2024. Here’s a breakdown: For Retirees Before July 1st, 2024: Your […]
Peshawar, Pakistan – The Khyber Pakhtunkhwa Revenue Authority (KPRA) has exceeded its revenue collection target for the financial year 2023-24, generating Rs.37 billion compared to the assigned target of Rs.35 […]