May 3, 2024

Pkrevenue.com

Pakistan Revenue

Month: May 2019

Chartered Accountants declare documenting agriculture income must for tax reforms
May 7
2019-2020, Budget, Taxation

Chartered Accountants declare documenting agriculture income must for tax reforms

KARACHI: The Institute of Chartered Accountants of Pakistan (ICAP) has said that documentation of agriculture income is must for bringing tax reforms in the country. In its budget proposals for year 2019/2020 the ICAP said that there was a serious need of brining taxation of agriculture income under a more transparent and documented manner. “Capacity […]

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ABAD welcomes new chairman FBR
May 7
Trade & Industry

ABAD welcomes new chairman FBR

KARACHI: Association of Builders and Developers of Pakistan (ABAD), welcoming the appointment of a leading Chartered Accountant and tax expert Shabbar Zaidi as the Chairman of Federal Board of Revenue (FBR), has hoped that Shabbar Zaidi will bring in new strategy to solve problems of business community of the country as well as creating new […]

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FBR, traders discuss broadening of tax base
May 7
Taxation

FBR, traders discuss broadening of tax base

ISLAMABAD: A Consultative Meeting between the Traders Associations and FBR representatives was held in the Broadening Tax Base Zone (BTB), Islamabad to find ways of broadening the tax base. The Consultative Meeting was chaired by Mir Badshah Khan Wazir, DG, BTB and was attended by Commissioner BTB (HQ) and Commissioner BTB Zone Islamabad. The BTB […]

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KTBA discusses tax proposals at pre-budget seminar
May 7
2019-2020, Budget, Taxation

KTBA discusses tax proposals at pre-budget seminar

KARACHI: Karachi Tax Bar Association (KTBA) on Monday organized pre-budget seminar to recommend tax proposals for year 2019/2020. Ali A Rahim, Director, Bakertilly Chartered Accountants presented income tax recommendations for the upcoming budget. Rahim presented following recommendations: Depreciation on Musharika Assets Under Section 22(15)C Proposal: The depreciation on Musharika assets to be allowed retrospectively since […]

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Jazz, Enfrashare partner to accelerate telecom infrastructure
May 6
IT & Telecom

Jazz, Enfrashare partner to accelerate telecom infrastructure

KARACHI: Jazz, Pakistan’s leading digital communications company, and Enfrashare (Private) Limited have signed an agreement to accelerate growth in telecommunications infrastructure. This partnership will propel Jazz in strategically expanding its digital infrastructure robustness across both the rural and urban sections of the country, said a statement on Monday. Under this partnership, Enfrashare will develop the […]

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PBC suggests measures for broadening tax base by enhancing withholding tax rates on non-filers, unregistered persons
May 6
2019-2020, Budget, Trade & Industry

PBC suggests measures for broadening tax base by enhancing withholding tax rates on non-filers, unregistered persons

KARACHI: Pakistan Business Council (PBC) has suggested measures for broadening tax base through enhancing withholding tax rates on non-filers and unregistered persons in various sectors. The PBC – the advisory council of large corporate entities – in its budget proposals for 2019/2020 said that the concept of separate withholding tax rates for filers and non-filers […]

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