The Federal Board of Revenue (FBR) has defined the super tax rate for the tax year 2022 under the First Schedule of the Income Tax Ordinance, 2001.
The tax rates for corporate entities for tax year 2022 under the First Schedule of the Income Tax Ordinance, 2001. The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated up to June 30, 2021. The Ordinance incorporated amendments brought through Finance Act, 2021. Following are the rates of tax for corporate entities: (i) The rate of tax imposed […]
The tax rates for salaried persons for tax year 2022 under the First Schedule of the Income Tax Ordinance, 2001. The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated up to June 30, 2021. The Ordinance incorporated amendments brought through Finance Act, 2021. Following are the rates of tax for salaried persons during tax year 2022 (July 01, […]
The tax rates for individuals and Association of Persons (AOPs) for tax year 2022 under the First Schedule of the Income Tax Ordinance, 2001. The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated up to June 30, 2021. The Ordinance incorporated amendments brought through Finance Act, 2021. Following are the rates of tax for Individuals and Association of […]
ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday said that trade discount if any to be given by a retailer has to be depicted on the invoice horizontally i.e. from left to right The FBR on August 9, 2021 issued SRO 1006(I)/2021 and specified standardized format for sales tax invoice detailing minimum requirement for […]
KARACHI: The bulls dominated the stock trading on Thursday as the benchmark KSE-100 index gained 1,112 points. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended at 44,334 as compared with previous day’s closing of 43,222 points. Analysts at Topline Securities said that bulls dominated the benchmark KSE-100 Index where market settled at 44,337 […]
KARACHI: Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) Zubair Motiwala has urged all shopkeepers and small traders to exhibit complete unity and solidarity under KCCI’s umbrella so that one strong voice could be raised to compel the federal and provincial governments to pay attention to Karachi and immediately […]
State Bank of Pakistan
KARACHI: State Bank of Pakistan (SBP) on Thursday said that in order to mark the occasion of 70th anniversary of Pakistan-Germany Diplomatic relations, the Government of Pakistan has decided to issue a commemorative coin of even denomination, i.e. Rs.70.
KARACHI: State Bank of Pakistan (SBP) on Thursday issued the following Karachi Interbank Offered Rates (KIBOR) on October 14, 2021. Tenor BID OFFER 1 – Week 7.20 7.70 2 – Week 7.25 7.75 1 – Month 7.29 7.79 3 – Month 7.71 7.96 6 – Month 8.08 8.33 9 – Month 8.37 8.87 1 – Year 8.60 9.10
For facilitating return filing, the Federal Board of Revenue (FBR) has directed the offices of Inland Revenue (IR) to work late hours. The offices will remain open until 12:00 midnight on October 15, 2021, to accommodate individuals and businesses in their efforts to fulfill their tax obligations.