income tax

Demands amendment to ITO 2001 nonetheless

Claims it was the opinion of an individual and was not the finding of report

It implies lowering existing rates of income, sales and other taxes

Wants abolition of sales tax on agriculture machinery, opposes move to tax inputs of stationary, milk.

Wants to extend super tax for another year, change the definition of income

Says strengthened banking system will lead to robust economy.

Says uniform system can be worked out by the FBR that can streamline rates.

Looks to generate additional Rs5b from major policy shift

The 89-year-old paid around six million kronor in taxes

KCCI President has requested the FBR to extend the last date for filing income tax returns

Decision comes after companies protested 8% minimum tax

he enquiry managed to establish that Siddique owned expensive properties in Abbottabad and Islamabad

The question currently being dodged on all sides concerns income taxes — as in how much has been paid and by whom

Instead of widening tax base and getting more people to pay direct tax, we always try protecting the rich and powerful