Taxes

May impose 17% tax on high-grade petrol, increase additional customs duty

Poor performance forces Dar to extend filing deadline to November 30

Demand comes amid fears tax-to-GDP ratio would fall short even if FBR achieves annual target

LHC suspends levy for firms whose accounting year ended in December

New Tax Laws Ordinance also gives Rs2b relief to transporters, Rs1b to Pakistani diplomats

Rs5 billion decrease in property sales recorded in first two months

It all started with Maryam’s opposition to the fixed tax on traders through the electricity bills

Federal Tax Ombudsman orders FBR to investigate matter

Anti-Benami zones under FBR to be increased to seven

Elon Musk sells off $930 million worth in shares to meet tax withholding obligations.

After Bernie Sanders demanded the wealthy pay their fair share of taxes, Musk and Sanders got into a spar.

Govt collects one-third of import taxes from petroleum, cooking oil products

Minister demands withdrawal of ginning factory taxes

Tarin winds up budget debate, announces withdrawal of several inflationary taxation proposals

Top taxpayers to be awarded shields, while evaders’ photos to be put up on website

Committee also snubs proposal to put additional burden of Rs10b on salaried class

Seeks to impose taxes on ‘suspicious’ gifts transactions among relatives that increased to Rs170b last year

Provincial government proposes cut in tax rates for 10 additional services from 16% to 5%

Finance minister says petroleum levy per lire will have to be increased

7.5 per cent tax would generate of Rs18 billion revenue

Says it will help in promoting documented economy and increasing tax revenue

Study says initiation age for tobacco use is as early as six years

Tobacco companies make billions of dollars even after paying heavy taxes

Cabinet writes-off income tax on over $3b worth loans lent during past one year

Software developers, call centres, telemedicine under net

Excise DG says new technology enabled department to maintain accurate record

Businesses have established shell or small setups to evade taxes

FBR given Jan 28 deadline to collect arrears

Scores of non-resident Pakistanis accidentally become residents due to travel curbs

Official says additional duty imposed to promote local production of medical equipment

Extended to facilitate tax consumers due to Covid-19

Republican president responded to NYT report that he paid just $750 in federal income taxes in both 2016 and 2017

Karachi pays the most tax among cities of Pakistan

Manufacturers say otherwise they may have to raise cement prices by around 10%

The transporters’ organisations are protesting against the exercise being performed

Move aimed at achieving Rs4.96 trillion 'aspirational' target

Gulf state halts monthly allowances to citizens amid record low oil prices and corona-led economic slump

Company official says govt should raise taxes but consider moderating price elasticity

Adviser says measures being taken for ensuring ease of doing business

CM Punjab likely to inaugurate RISE strategy to support provincial economy

External audit required to determine exact quantum due to claims and counter claims

Finance adviser meets businessmen to seek input for economic relief package

Finance adviser assures industrialists export rebate will be given in April

Local government commission seeks details on how grant given by Japan was utilised

Revenue collection in Jul-Feb increased 16.5% or Rs385 billion

CCPO praises the bar’s efforts to increase the tax base in the country

ICCI president calls enhanced taxes unjustified, unacceptable to business community

It is a conspiracy against Punjab govt, says Parliamentary Secretary for Revenue Adnan Chaudhry

Two sides extend review programme discussions for one more day

Study states high taxes have sparked smuggling of many products into the country