US
Chambers warn new tax proposals could harm exports, call for revisions to prevent economic downturn
Here is a overview of how individuals, businesses can file their income tax returns before the FBR deadline on Sept 30
Promises Rs4.1tr revenue boost in 3 years by lowering tax rates, removing exemptions
Burdening tax-compliant sector more may lead to disinvestment as has already been witnessed
Considers whether to scrap 15% tax on banks or collect more
Report submitted in IHC in a public interest petition
Largest number registered in Lahore followed by Karachi
Revenue board misses 11-month tax collection target by Rs36b
Predicts 14.5% rate for May amid IMF’s proposal to impose 18% sales tax
It leads to evasion of income tax, sales tax and federal excise duty