Pakistan Revenue
Pakistan Budget 2024–25 outlines key fiscal measures, taxation updates, development allocations, and economic reforms aimed at stabilizing economy.
The Federal Board of Revenue (FBR) has announced that filing an incomplete income tax return could lead to severe penalties, including a fine and up to one year of imprisonment.
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Starting July 1, 2024, the Federal Board of Revenue (FBR) will shift its method of collecting advance income tax on motor vehicles.
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In a critical response to the newly announced budget for the fiscal year 2024-25, the Pakistan Business Council (PBC) has raised significant concerns over the substantial salary increments granted to government employees.
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Islamabad: The Federal Government of Pakistan unveiled its budget for the fiscal year 2024-25 on Wednesday, June 12, 2024, totaling an ambitious Rs 18.877 trillion.
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The federal government, on Wednesday, unveiled the budget for 2024-25, presenting a comprehensive redefinition of sales tax fraud through the Finance Bill, 2024.
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The Karachi Chamber of Commerce and Industry (KCCI) on Wednesday voiced strong opposition to the federal budget for the fiscal year 2024-25, presented by the government.
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Islamabad, June 12, 2024 – The government on Wednesday presented the budget for the fiscal year 2024-25, which includes revised tax slabs for business individuals and Associations of Persons (AOPs).
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Islamabad, June 12, 2024 – The Finance Bill, 2024 has unveiled new salary income tax slabs for the fiscal year 2024-25, signaling significant changes in the taxation structure for salaried individuals.
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Islamabad, June 12, 2024 – The Federal Board of Revenue (FBR) has announced stringent penalties on Cellular Mobile Operators (CMOs) for refusing to block SIM cards of non-filers, as part of the newly introduced amendments in the Finance Bill, 2024.
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PkRevenue.com – The Federal Board of Revenue (FBR) has announced revised capital gains tax (CGT) rates on the sale of securities, set to take effect from July 1, 2024.
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