ISLAMABAD: The federal cabinet on Tuesday approved the Finance Supplementary Bill 2023 allowing increase in general sales tax to 18 per cent and additional taxes on luxury items as part of the reforms related to the International Monetary Fund’s Ninth Review.
(more…)Author: Mrs. Anjum Shahnawaz
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Mini budget to be presented before parliament today
In order to comply with IMF conditions, Pakistan government will present a supplementary finance bill or mini budget before the parliament (today) on February 15, 2023 for the approval.
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Pakistan announces massive increase in excise duty on cigarettes
ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday announced massive increase in federal excise duty on sales of cigarettes.
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Pakistan set to announce mini budget; sales tax rate may rise to 18pc
Pakistan is gearing up to announce a mini budget that aims to generate an additional Rs200 billion in revenue.
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FBR announces key transfers, postings in Pakistan Customs Service
ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday announced key transfers and postings of officers (BS-17 to BS-20) in Pakistan Customs Service (PCS).
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Pakistan approves sharp increase in gas prices for IMF bailout package
Pakistan on Monday approved massive increase in natural gas prices ahead of final round of talks with the International Monetary Fund (IMF).
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SECP warns public against illegal non-banking financial companies
ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) on Monday warned the general public against illegal non-banking financial companies (NBFCs).
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Smart Hub Construction launches new residential project in Islamabad
Smart Hub Construction (Pvt.) Limited has announced the grand opening of its latest residential project, Smart 100, located in F-18, Faisal Town, Islamabad, said a statement issued on Monday.
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Pakistani taxpayers to pay tax through debit and credit cards
KARACHI: Pakistani taxpayers will able to pay their tax liabilities through debit and credit cards by end of current fiscal year year, sources in Federal Board of Revenue (FBR) said.
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FBR issues warning to retailers for not providing online access
KARACHI: Federal Board of Revenue (FBR) issues warning to retailers of large entities for not providing online access to sales and purchases.
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