Taxes
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Harris vows to lower taxes in economic speech
Harris pledges to introduce new child tax credit of $6,000 for families with infants, cut taxes for families
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Government cannot justify tax exemption for civil and military officials: Shahid Khaqan Abbasi
In a press conference with Miftah Ismail, former premier calls latest budget the 'worst in Pakistan's history.'
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Budget makes it difficult to live, expensive to leave
Money bill sails through NA laden with new taxes
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Air fares go sky-high after massive taxes
People traveling to Middle East and African countries will pay Rs105,000 duty on business or club class air tickets
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Retail sector faces decline on higher taxes
CAP urges govt to maintain 15% GST rate, support digitalisation to stabilise industry
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‘New taxes will cripple IT sector’
Experts warn higher taxes will hamper digitalisation, risk brain drain
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Punjab govt brings no new taxes
Adjustments in tax ratios, amendments to bills aim to balance inflation, revenue needs
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Taxes on mobile handsets to hit investors’ trust
Budget proposals include imposition of sales tax on mobile handsets below $500 and 75% advance tax on telecom usage
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Cigarette taxes cause heavy revenue loss
Study advocates effective tax policy to curb evasion, provide level playing field
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Poor people pay more taxes
Burden rises because of increase in share of indirect taxes to 85%
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Biting the hand that feeds you
If rich are taxed too much, they will flee for favourable pastures and not pay any taxes
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Experts call for EV policy overhaul
Urge govt to drive adoption with incentives, reduced taxes, more charging ports
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Civic bodies mull new budget with increased taxes
Continue vigorous tax collection drive against defaulters to meet 48% of shortfall
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IMF aims to milk more taxes from salaried individuals
Urges Pakistan to tax the salaried, business individuals at a single income threshold
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IMF demands Rs1.3tr in new taxes
Govt informed of Rs200b revenue shortfall in current fiscal
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FBR attaches CAA bank accounts to recover taxes
Collects Rs13b from aviation body, gets closer to 9-month revenue target
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‘Raise tobacco taxes to curb smoking’
Int’l survey says annual economic costs attributable to smoking-related diseases
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High taxes weigh on tobacco industry
Lead to 40% decline in production, ineffective T&T system results in losses of over Rs310b
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Rs85b tax collected from non-filers
Majority of revenue comes from cash withdrawals and electricity use
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Alarm over incorrect tax notices
PTBA says FBR system sending notices to deceased individuals, defunct companies
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Taxman cracks down hard on non-filers
Data collected on 1.5 million with taxable income; notices issued to 800,000
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FBR exceeds tax target, avoids mini budget
Amasses nearly Rs3.5tr, on track to achieve goal set by IMF
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FBR staff unveiled as non-filers
Hundreds of FBR employees failed to file tax returns, wealth statements
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Tax officers get extensive powers
District offices set up with powers to cut off utility connections of non-filers
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Govt mulls increasing import taxes
Move comes following 21% increase in imports in August compared to July
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Dar terms reports on new taxes ‘great misunderstanding’
Rules out more levy on agri, construction sectors
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Tax reforms: swimming in a quagmire
Progressive taxation a humungous problem for political leaders just ahead of polls
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Why don’t people pay taxes?
Pakistan is a country where ratio of taxes to size of economy remains quite low
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To tax or not to tax
Skewed tax system is not likely to work but change will require a lot of effort
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Curb tax evasion: Iqbal
Suggests increasing exports to Rs100b within 8 years
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MPC to raise rates this week
Govt also set to increase GST rate to 25% on consumer goods via SRO
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Govt offers tax relief to foreign investors
Exempts them from taxes on profit earned through investment in T-bills, PIBs
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Rise in illicit cigarette sales feared
Industry points out higher taxes will also lead to increase in smuggling
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FBR seizes PIA bank accounts yet again
Move comes as national carrier fails to pay taxes worth Rs2.86b
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US seeks reversal of tax increase
Embassy delegation meets SAPM to lend support to foreign beverage firms
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Rs170b mini-budget on the cards
Dar says IMF shares MEFP with govt
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New taxes worth Rs170b unacceptable: FPCCI
Urges govt to plug revenue leakages from electricity, gas, loss-making entities
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‘FBR should focus on tax-evading sectors’
Illegal trade of cigarettes causes annual losses of Rs100 billion to national exchequer
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Dar stops FBR from using tax money
Earlier, revenue board issued rules to divert taxes for paying allowances to taxmen
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FPCCI wants tax system simplified
Simplification of tax system to enhance national tax net and promote business activities
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FBR eyes more taxes, car amnesty
Proposes measures to bridge some of the shortfall in revenue receipts
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Simplified tax system to enhance compliance
Corporate Tax Office sets up facilitation desk to address businessmen complaints
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Govt forms commission to reduce informal economy
It will also review budget proposals, possibility of making FBR autonomous entity
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FBR beats Rs2.68tr tax target
Collects Rs2.69tr in Jul-Nov due to enforcement measures, income tax growth
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Taxman alleges corruption in FBR
Customs denies allegations, calling it attempt to malign senior officers
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IT minister calls for reduced taxes on telecom sector
Says taxes impacting growth of IT sector as well
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Sales tax on luxury fuel in the offing
Govt aims to collect Rs9 billion in taxes annually
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PRA registers 33% growth in Oct
Policy of taxpayer facilitation and resolution of issues through stakeholder involvement successful
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FBR chief fears decline in tax collection
Says revenue board will make up for shortfall through administrative measures
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Govt not imposing GST on petroleum products: Musadik
Minister clarified that only the levy was being increased