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Pakistan Proposes New Advance Tax System for Motor Vehicles

Pakistan Proposes New Advance Tax System for Motor Vehicles

Web Desk Jun 19, 2024

Pakistan’s government is proposing a significant change to the advance tax system for motor vehicle registration and transfer. Here’s a…

Increased Withholding Tax for Non-Tax Filers on Phone & Internet

Increased Withholding Tax for Non-Tax Filers on Phone & Internet

Web Desk Jun 19, 2024

The Federal Board of Revenue (FBR) has proposed a significant increase in withholding tax rates for phone and internet users…

SRB Clarifies Sindh Sales Tax on Health and Education Services

SRB Clarifies Sindh Sales Tax on Health and Education Services

Web Desk Jun 17, 2024

Islamabad, Pakistan – The Sindh Revenue Board (SRB) has clarified that the Sindh Finance Bill, 2024, does not immediately impose…

Businesses Refusing Card Payments will face Fines, Blacklisting

Businesses Refusing Card Payments will face Fines, Blacklisting

Web Desk Jun 17, 2024

Federal Board of Revenue (FBR) is getting tough on businesses that refuse to accept credit and debit card payments. FBR…

SRB Grants Extension for Sindh Sales Tax Returns

SRB Grants Extension for Sindh Sales Tax Returns

Web Desk Jun 16, 2024

Karachi, Pakistan – The Sindh Revenue Board (SRB) has extended the deadline for filing Sindh Sales Tax returns for the…

Senate Rejects Tax Hikes for Salaried Class in Budget 2024-25

Senate Rejects Tax Hikes for Salaried Class in Budget 2024-25

Web Desk Jun 16, 2024

In a significant development, Pakistan’s Senate has rejected the proposed increase in income tax rates for salaried individuals in the…