Pakistan Revenue
PkRevenue.com – In a significant ruling, the Balochistan High Court has declared Section 7E of the Income Tax Ordinance 2001, which imposed a tax on immovable properties based on deemed income, as ultra vires to the Constitution.
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PkRevenue.com – In a robust review of the proposed annual plan for the fiscal year 2024-25, the Annual Plan Coordination Committee (APCC) painted a positive economic picture for Pakistan.
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PkRevenue.com – In a decisive move to provide relief to the public, Prime Minister Shehbaz Sharif has instructed the Ministry of Finance to implement a significant reduction in petroleum prices, effective from June 1, 2024. This directive aims to ease the financial burden on citizens and stimulate economic activity by lowering fuel costs. According to […]
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PkRevenue.com – The Pakistan Meteorological Department (PMD) has issued a very hot weather alert for the provinces of Sindh and Balochistan on Saturday, June 1, 2024.
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PkRevenue.com – Pakistan is preparing to further increase the sales tax rate in the upcoming 2024-25 budget to generate significant revenue for the next fiscal year.
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PkRevenue.com – In a bid to stimulate the stock market and promote investment, the Securities and Exchange Commission of Pakistan (SECP) has put forward a series of tax relief proposals for the 2024-25 budget.
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WASHINGTON – On May 30, 2024, the US Department of the Treasury and the Internal Revenue Service (IRS) announced a direct file as tax filing options for Americans.
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PkRevenue.com – The Pakistan Meteorological Department (PMD) has issued a heatwave alert for the southern regions of the country, effective Friday, May 31, 2024.
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PkRevenue.com – The Khyber Pakhtunkhwa Revenue Authority (KPRA) has achieved a significant milestone by surpassing its revenue collection target for the financial year 2023-24, a full month ahead of schedule.
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Starting June 1, 2024, Pakistan plans to implement a significant reduction in petroleum prices, with petrol prices expected to decrease by Rs5.27 per litre and diesel by Rs4.13 per litre.
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