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Budget Proposal Seeks to Eliminate Tax Relief for Teachers in Pakistan

Budget Proposal Seeks to Eliminate Tax Relief for Teachers in Pakistan

Web Desk May 13, 2024

Pakistan’s upcoming budget proposal includes a potentially significant change for teachers: the elimination of a tax relief currently offered to…

Foreign Investors Call for Super Tax Elimination – Finance Bill 2024

Foreign Investors Call for Super Tax Elimination – Finance Bill 2024

Web Desk May 13, 2024

Foreign investors in Pakistan are urging the government to scrap the super tax in the upcoming budget for the fiscal…

OICCI Proposes Linking Withholding Tax with Property Tax for a Broader Tax Base

OICCI Proposes Linking Withholding Tax with Property Tax for a Broader Tax Base

Web Desk May 13, 2024

The Overseas Investors Chamber of Commerce and Industry (OICCI) has presented a novel proposal to the Federal Board of Revenue…

Pakistan Mulls Tax Reforms: Ending Import Exemptions and Introducing Withholding Tax

Pakistan Mulls Tax Reforms: Ending Import Exemptions and Introducing Withholding Tax

Web Desk May 12, 2024

Pakistan’s upcoming budget for the 2024-25 fiscal year may bring significant changes to import tax policies. The government is considering…

Pakistan Considers 24% Tax Hike on Cars for Non-Tax Filers: PBC Proposal

Pakistan Considers 24% Tax Hike on Cars for Non-Tax Filers: PBC Proposal

Muhammad Ebrahim May 12, 2024

The Pakistan Business Council (PBC) has proposed a significant increase in advance tax rates on motor vehicle purchases by non-filers…

Pakistan Eases Registration for Retailers in “Tajir Dost” Scheme

Pakistan Eases Registration for Retailers in “Tajir Dost” Scheme

Muhammad Ebrahim May 12, 2024

Prime Minister Shehbaz Sharif has addressed concerns from retailers and shopkeepers regarding the Tajir Dost Scheme, a government initiative to…