Karachi, May 18, 2024 – The Overseas Investors Chamber of Commerce and Industry (OICCI) has proposed the abolition of advance tax on telecom subscribers in the upcoming budget for 2024-25.
(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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KCCI Suggests Adjusting Refunds against Sales Tax Liability
Karachi, May 18, 2024 – The Karachi Chamber of Commerce and Industry (KCCI) has proposed that the Federal Board of Revenue (FBR) permit the adjustment of sales tax refunds against sales tax liabilities to address significant delays in payments.
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SAI Presents Budget Proposals to Promote Industrialization
Karachi, May 17, 2024 – The SITE Association of Industry (SAI), representing Pakistan’s largest and most diverse industrial base, has submitted a comprehensive set of proposals for the 2024-25 budget aimed at promoting industrialization and sustainable economic growth in the country.
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Karachi Chamber Advocates for Restricting Super Tax Scope
The Karachi Chamber of Commerce and Industry (KCCI) has put forth a recommendation to limit the scope of super tax implementation in the upcoming budget for 2024-25.
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KCCI Submits Taxation Plan for Cryptocurrency Income in Pakistan
The Karachi Chamber of Commerce and Industry (KCCI) has proposed a comprehensive plan to tax income derived from cryptocurrency transactions within Pakistan’s jurisdiction, marking a significant step towards regulating the burgeoning digital asset market in the country.
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Aurangzeb Confirms Tax Exemption for FATA, PATA Ends June 30
Federal Minister for Finance Senator Muhammad Aurangzeb disclosed to the National Assembly on Thursday that there are no plans for new legislation to extend tax and duty exemptions for the erstwhile Federally Administered Tribal Areas (FATA) and Provincially Administered Tribal Areas (PATA) regions.
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Business Community Calls for Repeal of Section 7E
Amidst preparations for the upcoming budget 2024-25, the business community in Pakistan, represented by the Karachi Chamber of Commerce and Industry (KCCI), is vehemently urging the government to abolish Section 7E of the Income Tax Ordinance, 2001.
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Karachi Chamber Demands Revocation of Controversial SRO 350
Karachi Chamber of Commerce and Industry (KCCI) has called for the revocation of the controversial Statutory Regulatory Order (SRO) 350 through proposed amendments in the upcoming budget for the fiscal year 2024-25.
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KCCI Pushes for Tax Procedure Simplification in Budget 2024-25
Karachi Chamber of Commerce and Industry (KCCI) has mounted pressure on the government for the simplification of tax procedures in the upcoming budget for the fiscal year 2024-25.
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OICCI Proposes Revamping Telecom Sector WHT Regime
The Overseas Investors Chamber of Commerce and Industry (OICCI) has put forward a comprehensive proposal aimed at revamping the withholding tax (WHT) regime for the telecom sector in Pakistan, as part of its recommendations for the upcoming budget 2024-25.
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