Karachi Tax Bar suggests reduction in corporate tax rate

KARACHI: Karachi Tax Bar Association (KTBA) on Tuesday suggested reduction of corporate tax rate to 25 percent from existing 29 percent in order to promote documentation of economy and discouraging tax evasion. The KTBA in its recommendations for the budget 2021/2022, stated that currently corporate rate of tax in Pakistan is 29 percent which due … Continue reading Karachi Tax Bar suggests reduction in corporate tax rate