Health Experts Propose Ambitious Tax Hike on Cigarettes
Health experts have put forward a compelling case for a substantial tax increase on cigarette sales as a means to deter tobacco use and promote public health.
Health experts have put forward a compelling case for a substantial tax increase on cigarette sales as a means to deter tobacco use and promote public health.
The Pakistan Business Forum (PBF) has put forth a comprehensive set of proposals urging tax authorities to undertake significant reforms aimed at curbing under-invoicing by commercial importers and fostering industrial growth.
Pakistan is contemplating significant changes to its tax policies, with plans to withdraw tax exemptions on imports in the upcoming budget for the fiscal year 2024-25.
The Pakistan Business Council (PBC) has put forth a bold proposal for the upcoming budget of 2024-25, recommending a significant increase in advance tax rates on motor vehicle purchases by non-filers of income tax returns.
Islamabad, May 11, 2024: In a bold move aimed at curbing cash transactions and enhancing tax compliance, foreign investors operating in Pakistan have proposed the government to demonetize the Rs 5,000 banknote.
Karachi, May 10, 2024 – The Pakistan Tax Bar Association (PTBA) has officially presented a set of proposals to Finance Minister Muhammad Aurangzeb for the upcoming 2024-25 budget, placing significant emphasis on the digitalization of the economy.
KARACHI, May 9, 2024 – The Federal Board of Revenue (FBR) is considering new measures for the 2024-25 budget to combat benami (anonymous) transactions in the automobile sector and to enhance tax collection across various sectors.
The business community has recently put forth a significant proposal for budget 2024-25 aimed at boosting efficiency of manufacturers within Pakistan.
Karachi, May 6, 2024 – The Pakistan Business Council (PBC), a leading advocacy group representing major businesses in the country, has submitted proposals for the upcoming budget 2024-25. A key area of focus for the PBC is seeking amendments to the existing group taxation regulations to provide clarity and relief regarding inter-corporate dividends (ICD).
Pakistan is poised to introduce a comprehensive new industrial policy in the upcoming 2024-25 budget, according to Rana Tanveer Hussain, the Federal Minister for Industry and Production.