tax

Also likely to levy income tax on companies suffering gross losses.

Lamborghini rolled out its new supercar onto the streets, local millionaires could hit a bump thanks to the 'taxman'

FBR wants to collect an additional Rs3b through this proposal

Retailers: Turnover tax termed discriminatory

It is transparent, fair, inclusive and could fix the tax system.

The move is estimated to increase the price of packaged milk by at least Rs8 per litre

Pakistan needs to find balance to realise IT sector’s potential .

The aftermath of the federal government’s decision to extend the Customs Act of 1969 to Pata has been a heated one

South Africa ranked as one of the most obese nations on the continent

Banks’ association wants same tax rates as those on corporate sector

The documents are at the centre of an investigation published by International Consortium of Investigative Journalists

In wake of "Panama Paper" leak, legal probe may be launched against the govt

The team also confiscated marble tiles and equipment from a marble factory for encroaching upon the road

Indian finance minister Arun Jaitley on Monday proposed to reintroduce a 1%t levy on some jewellery transactions

Only 128 traders have so far availed the ‘tax amnesty scheme’

Akhtar directed VTCS teams to educate traders about the benefits of the scheme

Six-month profit down 47%, company announces Rs2.25 per share dividend

At a secret meeting near Quetta, Taliban's central leadership formally demanded tax from four cellular companies

Senate panel chairman says minimum tax is against the law

IMF-permitted limit is Rs625b for first six months of ongoing fiscal year

Bringing money into tax net requires proper restructuring of tax machinery

Negotiating with traders in attempt to bring them into tax net

Pakistan outlines unfavourable conditions for textile exports

Reforms committee not yet functional as issuance of notification delayed

Taxation and energy remain top concerns; reforms will be discussed

Sales tax on services was earlier collected by the FBR

Finance minister rejects proposal for tax amnesty scheme .

Govt, traders agree to lower rate to 0.2% for interim period; no signs of a concession on tax amnesty scheme

They said professional tax should be collected from service providers and government contractors

Replaces members with conflict of interest; will listen to service providers

The RTO team, taking action on the directives of the RTO-I Commissioner froze Arsalan’s personal bank account

Lack of information on income prevents governments from collecting taxes and acting for the public welfare

Only a systematic reform agenda pursued with sincerity and transparency can increase tax collection

Report argues better tax collection will pay for itself; fiscal fragility will worsen if tax crisis not addressed

Newly formed action group threatens to discontinue services

Points out CCP is already working with powers to perform such functions.

Official said July figure was 6% higher compared to the same month of previous year when Rs133 billion was collected

The country’s tax machinery has been unable to enforce tax laws, enabling businesses and citizens to hide

Wants govt to take back withholding tax on banking transactions.

Dar pushed these sweeping changes in taxation of energy sector without presenting them to parliament

Over 100 companies make billions in tax credit claims on GST, 65% businessmen delinquent

APTMA’s strike call for August 7 stands, govt refuses to accept demands

It seems that as long as you have links with the right people in the right places, you can get away with anything

Taxmen fall short of July revenue target by nearly Rs8 billion; new taxes hit oil products, electricity

Speakers call for making tax evasion criminal offence

Govt’s meeting with traders ends in deadlock, main representatives not present

The government has a promise to keep to the IMF. It has to show that it has taken measures to reform the tax system

Says culture of start-ups needs to be promoted.

Traders back out of agreement, reject 0.3% levy as well; talks with govt bear no result

They help tax evasion; promotion of plastic money necessary.