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Income Tax Tribunal Overturns Order Against Steel Manufacturer

Income Tax Tribunal Overturns Order Against Steel Manufacturer

Muhammad Ebrahim May 12, 2024

A steel manufacturer in Lahore has successfully challenged an order issued by the Officer Inland Revenue (OIR) in the Income…

Punjab Revenue Authority-

Rawalpindi Cracks Down on Tax-Delinquent Manpower Recruitment Agency

Muhammad Ebrahim May 11, 2024

The Punjab Revenue Authority (PRA) has taken a strong stance against tax evasion in Rawalpindi. The Rawalpindi Commissionerate sealed the…

Pakistan Vows No Tax Amnesty in 2024-25, Focuses on Fiscal Discipline

Pakistan Vows No Tax Amnesty in 2024-25, Focuses on Fiscal Discipline

Web Desk May 11, 2024

Pakistan has pledged to avoid tax amnesty schemes in the upcoming fiscal year (2024-25). This commitment reinforces their dedication to…

Pakistan: Taxing Pensions – Fair or Flawed Policy?

Pakistan: Taxing Pensions – Fair or Flawed Policy?

Muhammad Ebrahim May 11, 2024

The Debate Over Taxing Pensions in Pakistan The International Monetary Fund (IMF) has proposed taxing high-value pensions (above Rs. 1.2…

IMF Pushes Pakistan for Higher Taxes on Luxury Goods

IMF Pushes Pakistan for Higher Taxes on Luxury Goods

Quratul Ain May 11, 2024

The International Monetary Fund (IMF) is urging Pakistan to progressively raise excise taxes on luxury goods, particularly cigarettes. This recommendation…

Telcos Agree on SIM Blockage for Non-Tax Filers – Begins in Phases

Telcos Agree on SIM Blockage for Non-Tax Filers – Begins in Phases

Web Desk May 11, 2024

Federal Board of Revenue (FBR) has reached an agreement with telecom operators to block SIM cards of individuals who haven’t…