Islamabad, June 10, 2023: The recently introduced Finance Bill, 2023 has brought forth new tax slabs for the super tax applicable for various tax years. The rates mentioned below are applicable for tax year 2022 and onwards:
(more…)Author: Faisal Shahnawaz
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Pakistan Imposes 10% Income Tax on Bonus Shares Issued by Companies
The government of Pakistan has introduced a new measure through the Finance Bill, 2023, which imposes a 10 percent income tax on the issuance of bonus shares by companies to their shareholders. This tax is implemented under a new section, 236Z, of the Income Tax Ordinance, 2001.
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Weekly Review: Pakistan Stocks Anticipate Impact of Budgetary Measures
In the aftermath of the federal budget announcement for the fiscal year 2023-24, Pakistan’s stock market is poised for a potential reaction to the government’s budgetary measures.
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Suzuki Used Car Gala set to take place in Karachi
Suzuki Certified Used Car Gala is all set to take place in Karachi on the June 18, 2023, from 10 AM to 7 PM. This event will be held at Expo Center Hall no.5, and it promises a wide range of benefits and offerings for car buyers.
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Price, specs of Honda CD 70 Dream in Pakistan
The Honda CD70 Dream is a popular motorcycle model manufactured by Atlas Honda. It is known for its reliability, fuel efficiency, and affordability. The motorcycle has a simple and functional design, commonly used for commuting and short-distance travel.
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Bitcoin rates in PKR and USD on June 10, 2023
On June 10, 2023 the exchange rates of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:
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Ripple rates in PKR and USD on June 10, 2023
On June 10, 2023 the exchange rates of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:
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Dogecoin rates in PKR and USD on June 10, 2023
On June 10, 2023, the exchange rates of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:
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Regulatory Duty on Second-Hand Clothing Abolished in Finance Bill 2023
ISLAMABAD: Pakistan has taken steps to provide relief to the underprivileged segment of society by abolishing the regulatory duty on the import of second-hand clothing.
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Budget 2023-24 lacks measures to stabilize economy: OICCI
KARACHI: The recently announced budget for the fiscal year 2023-24 in Pakistan has drawn criticism from the Overseas Investors Chamber of Commerce and Industry (OICCI) for its lack of measures to stabilize the country’s economy.
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