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.
(more…)Category: Budget
This is parent category of budgets presented by Pakistan government. Here you will find year-wise federal and provincial budgets.
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Pakistan Slaps Heavy Tax on Transactions of Immovable Properties
Islamabad, June 12, 2024 – Pakistan government, through the Finance Bill 2024, has introduced significant income tax changes on transactions involving immovable properties.
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FBR Introduces New Tax Rates for Late Filers
Islamabad, June 12, 2024 – The Federal Board of Revenue (FBR) has announced new tax rates for late income tax return filers as part of the Finance Bill 2024.
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Income Tax Rates for Salaried and Business Persons Enhanced
Islamabad, June 12, 2024 –Pakistan has increased tax rates for both salaried and business individuals in the newly presented budget for the fiscal year 2024-25.
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FBR Releases Salient Features of FED in Finance Bill 2024
Islamabad, June 12, 2024 – The Federal Board of Revenue (FBR) has unveiled the salient features of the Federal Excise Duty (FED) measures included in the Finance Bill for the fiscal year 2024-25.
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Finance Bill 2024 Introduces Massive Income Tax Measures
Islamabad, June 12, 2024 – The Federal Government of Pakistan has released the Finance Bill for the fiscal year 2024-25, unveiling extensive income tax measures aimed at generating substantial revenue to support the country’s economic needs.
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New Sales Tax Measures under Finance Bill 2024
Islamabad, June 12, 2024 – The Federal Board of Revenue (FBR) has unveiled a series of new sales tax measures through the Finance Bill 2024.
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Salient Features of Customs Duties in Finance Bill 2024
Islamabad, June 12, 2024 – Federal Board of Revenue (FBR) has issued salient features of customs duties introduced through the finance bill 2024.
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Petroleum Levy Enhanced to Rs 80 per Liter in 2024-25 Budget
PkRevenue.com – The government on Wednesday unveiled the budget for the fiscal year 2024-25, introducing an enhanced petroleum levy. The maximum rate of this levy has been increased to Rs 80 per liter on various petroleum products.
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Retailers to Face Harsh Penalties for Selling Smuggled Cigarettes
In a bid to crack down on the illicit trade of cigarettes, the Federal Budget for the fiscal year 2024-2025 has introduced stringent measures against retailers found selling fake, smuggled, and non-taxpaid cigarettes.
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