Pakistan Revenue
Pakistan Budget 2024–25 outlines key fiscal measures, taxation updates, development allocations, and economic reforms aimed at stabilizing economy.
PkRevenue.com – A storm is brewing in the tax community as the Finance Bill 2024 proposes to revoke the power of Commissioners of Inland Revenue to issue tax exemption certificates.
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Islamabad, June 16, 2024 – Pakistan is bracing for a significant rise in its petroleum levy collection in the upcoming fiscal year, with projections exceeding 33% growth.
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The Federal Board of Revenue (FBR) is gearing up to achieve an ambitious tax collection target of Rs 12.97 trillion for the fiscal year 2024-25, according to the recently released budget documents.
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In a decisive move, senators have rejected the proposed increase in tax rates for the salaried class in the 2024-25 budget, following a comprehensive review of contributions from various sectors.
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The Pakistan Association of Large Steel Producers (PALSP) has lauded the strategic tax reforms introduced in the 2024-25 budget, heralding a significant boost for the steel industry.
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Islamabad, June 15, 2024 – The Federal Board of Revenue (FBR) announced the formation of two high-powered committees on Saturday, tasked with identifying and resolving anomalies in the Finance Bill 2024.
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The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), the apex body representing business chambers across Pakistan, has presented its analysis of the recently unveiled federal budget for the fiscal year 2024-25.
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Karachi, June 15, 2024 – A seminar hosted by the Karachi Tax Bar Association (KTBA) on Saturday saw prominent tax specialists and a representative from the Federal Board of Revenue (FBR) dissect the recently unveiled budget for the 2024-25 fiscal year.
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The Karachi Chamber of Commerce and Industry (KCCI) has expressed severe discontent with Pakistan’s Federal Budget for 2024-25, describing it as a template of the International Monetary Fund (IMF).
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The recently introduced Finance Bill 2024 brings significant alterations to Pakistan’s capital gains tax regime, applicable from July 1, 2024. Let’s delve into the key updates for both individuals and businesses.
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