Taxation
More News
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‘Elites have captured the state and market’
Ishrat Hussein says selection should be based on contribution rather than aristocracy
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FBR seeks access to bank lockers of tax defaulters
Tax authorities have proposed amendments to Incom Tax Rules 2002
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PM Imran gives directives for swift sales tax refund
Tells commerce adviser to facilitate in expo centre construction
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Some promises fulfilled: PM Imran urges business community to pay taxes
Directs FBR chairman to hold meeting with businessmen to resolve issues
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Financial watchdog to get access to taxpayers’ data
Decision made to curb money laundering and terror financing in line with FATF action plan
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PM Imran likely to unveil fixed tax scheme
Businessmen with an annual turnover of Rs100m will have to pay 0.5% instead of 1.5% tax
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FBR amends tax laws, introduces penalties for defaulters
Traders, retailers under tier-1 may face fines for not registering with FBR's system
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Operation against defaulters
Punjab Secretary Excise and Taxation Kundi ordered to speed up operations against defaulters for recovery of Rs1. 25bn
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Dr Hafeez Sheikh ‘displeased’ with FBR performance
Advisor to PM on Finance grills officials over slow pace of revenue collection
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Customs intelligence identifies massive tax theft
Corrupt customs officials assisted fraudsters in evading duties worth billions of rupees
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FTO takes notice of FBR system’s failure
Seeks response over non-disclosure of asset declaration despite submission of tax challans
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Ballooning debt
Debt servicing alone is projected to cost Rs3.2 trillion for the ongoing fiscal year
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Excise department re-imposes cinema tax in Punjab
Has also decided to introduce new ratio, tax evaluating software across the province
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FBR notices fall in WHT collection by some agents
Directs field formations to ascertain causes behind poor WHT receipts
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FBR orders setting up of help desks to facilitate refund claims
19 RTOs, corporate RTOs and four large taxpayer units have been given instructions
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FBR claims loss of Rs330b due to import compression
Misses first-half tax collection target due to low economic activity
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SBP simplifies non-resident companies’ tax regime
Move will encourage investment in long-term debt securities
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Tough decisions: 2019 sees Pakistan economy emerge out of deep waters
IMF’s bailout programme, delayed licence fee payments by telecom operators among others provide relief
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Imran's govt may seek IMF nod for fixed tax regime
Committee formed to discuss issue which will give boost to construction sector
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FTO to help clear sales tax refunds of exporters
Tells businessmen to bring refund complaints to ombudsman office
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PTI govt set to unveil mini-budget in 2 months
May impose additional taxes of around Rs150b to achieve collection target
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Balochistan's revenue collection increases by 164%
Balochistan govt intending to digitalise the transport sector
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IMF cuts FBR’s tax target to Rs5.23 trillion
Sees budget deficit soaring to 7.6%, introduces major changes in loan conditions
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Avoidance of double-taxation treaty with UAE in jeopardy
Pakistan says UAE not sharing wealth details of Pakistanis holding residence visa of Dubai
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Saudi Arabia set to impose new tax on travellers for building new airport
The aim is to provide funding for airport infrastructure development projects and to enhance airport services
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FBR makes quarterly adjustments to meet annual revenue target
Share of income tax in total tax collection reduced to slightly over Rs2trn while sales tax and fed excise duty go up
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Motorway toll tax increased
Toll tax increase by 10 per cent for motorists travelling between Islamabad and Lahore
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Artistes told to declare assets or face music
FBR advises showbiz personalities to benefit from amnesty scheme
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Domestic consumers get commercial tax notices
Local traders say investors are shying away
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SBP turns down FBR request for data of account-holders
Revenue collector found that hardly 10% of over 50m bank account holders were tax filers
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How lopsided taxation regimes compound inequality
Tax avoidance is just as problematic as corruption
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Pakistan, Tajikistan work on eliminating double taxation
Envoy stresses need for boosting bilateral linkages
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Tackling taxation
No government since Independence has successfully addressed the complex issue of taxation in Pakistan
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Farmers’ group proposes tax on seeds, fertiliser to raise funds
Sindh Abadgar Ittehad lauds CJP’s initiative for dams
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Wrangling the tax monster
No other government has ever done anything beyond bungle, fumble and fail with taxation
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Excise officer caught while taking bribe
Citizen submits a complaint in which he states that an employee of excise and taxation
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Excise department impounds 113 vehicles
Campaign against unregistered vehicles and defaulters of token tax launched
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‘Taxation essential for country’s development’
Dr Zafar said there is need to create awareness among the masses about the importance of tax for national development
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The eternal taxation failure
No government has been able to bite the bullet and tax the rich at the top end of those tax-liable
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Taxation and the common man
The latest cunning stunt to squeeze taxation out of the people of Pakistan is to use the national identity database
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China starts collecting environment tax
Companies will pay taxes for producing noise, air and water pollutants as well as solid waste
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UK may use taxes to get tech giants to do more
Ben Wallace accused the tech giants of putting private profit before public safety
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Tax defaulters: 311 vehicles challaned in Sargodha
The officials also removed 290 illegal number plates from vehicles
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A taxing affair: Excise department moves to eliminate fake challans
Taxpayers will bring new computer-generated challan forms issued by the department
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Taxation row: Citizens irked by exorbitant property tax notifications
Department legally bound to conduct property survey every five years
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Relationship between development and inequality
From a moral and ethical standpoint, inequality is an issue of concern for almost everyone on the political spectrum
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A bold move? Maybe
The Indian PM, Narendra Modi, has said perhaps slightly naively that GST is ‘a good and simple tax’
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This year’s budget likely to see modest taxation measures
International Monetary Fund has asked Pakistan to impose Rs180 billion worth of new taxes
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Tax amnesty: Law on the anvil to protect owners of offshore assets
This could be the fourth tax amnesty scheme over the last three years by the PML-N government
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Failure to thrive
Taxation is the obvious area of necessary reform and it is not happening