Taxes

Pakistan has signed information-sharing agreement with 102 countries

FBR set to scramble as it is due to submit report on telecom taxes case

FBR Member Inland Revenue Policy Dr Mohammad Iqbal, Senior Partner of A F Ferguson Shabbar Zaidi speak on the issue

Board’s top brass briefs new finance minister on their performance in FY18

Also approves $3.3 billion in foreign commercial loans taken in the past one year

Decision taken on basis of special audit report on causes of decline in tax collection from the tobacco sector

Officials point out PM Abbasi wants the decision to be left to the new government

FBR hesitant to register criminal case due to sensitivities attached with CPEC

Makes public draft of the policy for feedback before formal approval

PA Wasif Saaed says exemption from taxes to facilitate the poor

ICAP seeks abolishment of super tax, tax on bonus shares

Govt aims to strike a balance between consolidated,expansionist fiscal policies-a goal it failed to meet previously

French Finance Minister Bruno Le Maire said in a newspaper interview

The Microsoft co-founder has paid more than $10 billion in taxes over a lifetime

The latest cunning stunt to squeeze taxation out of the people of Pakistan is to use the national identity database

It was the Pakistan Peoples Party (PPP) that first introduced direct taxation in 2012

The National newspaper states cost of living in the UAE will rise by 2.5 per cent next year

Dar tells Senate so far 5 new NGOs have been registered; says there are 165,800 BISP beneficiaries in 7 FATA agencies

30% of the filers do not pay tax as their income is below annual threshold of Rs400,000

Nawaz paid Rs2.5m, Imran Rs0.159m in income tax

MCCI official hopes exports will increase due to PM's incentive package

This year, Pakistan earned Rs 3,400 billion in tax revenues, amongst the lowest in the world

Top hierarchy at tax machinery refuses to take responsibility, says government gave ‘liberal tax concessions’

There is some improvement though, which is the result of new tax policy measures

OICCI members ask provincial govt to provide level playing field

Says increase in FED on cement, duty on coal will harm the sector

Will look to generate Rs186b in FY18, share of agriculture to stand at Rs1b

Government resorts to creative accounting in budget-making

The budget would be friendly for public, industrialists and farmers.

Tax authorities have proposed to slap 10% sales tax on tea whitener from fiscal year 2017-18

Indus Motor CEO believes move will eliminate middlemen from auto industry

Sisa is now being threatened by Trump supporters

Says revenue structures like capital gains and withholding taxes have encroached on provinces’ tax base

The sensitive issue is important because Trump has refused to release his tax records

Finance ministry says trade account has been worsening and is under pressure

Trump, unlike most presidential candidates, has declined to release his tax returns

The Head of the Social Democrats also criticized internet giants Google and Facebook

Recommendation made to streamline trade with Afghanistan

The government seems to have taken a step back from its earlier stance of taxing the real estate sector

Withdrawal of zero-rating regime for dairy sector expected, price of loose and packaged milk to go up

Opposition leader meets finance minister to discuss upcoming budget

Increase in rates for both filers and non-filers of tax returns proposed

Tax authorities seek clarification on receipts of foreign remittances from premier's son

Speakers suggest simplifying filing and documentation, expediting payment of refunds

FBR considering charging higher rates of income tax from those who are outside the tax net

PBA and FBR appear to have reached a deadlock over issue of allowing the latter access to account-holders’ database

Is it justifiable to solely declare Pata exempted from all kinds of taxes, forever?

Finance minister says 5-10% duty imposed on 61 non-essential and luxury items

Energy and security top issues, but business community worried about policies now

FBR official says only imported items, save one, taxed