Sales tax rate enhanced to 18 pc for increasing tax to GDP ratio: FBR
ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday said that standard rate of sales tax has been enhanced to 18 per cent to increase the tax to GDP ratio.
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Author: Mrs. Anjum Shahnawaz
Pakistan’s fragile liquidity raises default risks: Moody’s
Moody’s Investors Service on Tuesday downgraded Pakistan’s rating, which is driven by assessment that country’s increasingly fragile liquidity and external position significantly raises default risks.
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FBR gets 4.19 million active taxpayers in last list for Tax Year 2021
Federal Board of Revenue (FBR) received 4.19 million taxpayers, according to an official document released on Monday. The FBR issued the last Active Taxpayers List (ATL) for tax year 2021. The revenue body carried the name of those individuals or corporate entities, who filed their returns till February 26, 2023.
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Steel producers reject allegations of ABAD
ISLAMABAD: Pakistan Association of Large Steel Producers (PALSP) has rejected allegations leveled by builders and developers regarding price hike of steel bars.
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FBR to issue new list of active taxpayers on March 01
KARACHI: Federal Board of Revenue (FBR) is set to issue new list of Active Taxpayers for the tax year 2022 on March 01, 2023.
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New rates of sales tax on mobile phones imposed through mini budget
ISLAMABAD: Federal Board of Revenue (FBR) has issued new rates of sales tax on mobile phones after implementation of the mini budget.
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FBR issues new rates of duty, taxes under Finance (Supplementary) Act 2023
ISLAMABAD: Federal Board of Revenue (FBR) on Thursday issued new rates of duty and taxes under Finance (Supplementary) Act, 2023, after President Dr. Arif Alvi signed the bill following approval from both the houses.
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Mini budget applies as President Alvi signs Finance Supplementary Bill 2023
ISLAMABAD: The newly introduced mini-budget on Thursday became applicable as the President of Pakistan Dr. Arif Alvi signed the Finance Supplementary Bill 2023.
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Ishaq Dar, Donald Blome discuss Pakistan challenging economic environment
ISLAMABAD: Finance Minister Ishaq Dar and Ambassador of the US to Pakistan Donald Blome on Wednesday discussed challenging economic environment of Pakistan.
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Pakistani Rupee to UK Pound – PKR to GBP on February 22, 2023
KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on February 22, 2023:
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