PkRevenue.com – Pakistan is gearing up to announce its budget for the fiscal year 2024-25 next week, but the tax measures remain unresolved. These decisions are critical for generating additional tax revenue to support the country’s economic framework.
(more…)Tag: budget proposals
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ICAP Proposes Anti-Smuggling Measures for Afghan Transit Trade
PkRevenue.com – The Institute of Chartered Accountants of Pakistan (ICAP) has called for stricter measures to address rampant smuggling plaguing the Afghan Transit Trade (ATT).
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ICAP Unveils Measures to Secure CPEC from Smuggling Woes
PkRevenue.com – The Institute of Chartered Accountants of Pakistan (ICAP) has proposed a series of measures to be incorporated in the upcoming budget for 2024-25.
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Pakistan Stock Braces for Potential Tax Hike in 2024-25 Budget
PkRevenue.com – Pakistan stock market is jittery over rumors of an increase in capital gains tax (CGT) and dividend tax in the upcoming budget.
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FBR Proposes Reduction of Sales Tax Exemptions in Budget
PkRevenue.com – In a significant development ahead of the federal budget for 2024-25, Tax Managers from the Federal Board of Revenue (FBR) have put forward a recommendation to curtail sales tax exemptions.
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FBR Proposes Sales Tax on Mobile Phones in Budget 2024-25
PkRevenue.com – The Federal Board of Revenue (FBR) has proposed levying a sales tax on mobile phones assembled in Pakistan within the upcoming budget for 2024-25.
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Budget 2024-25: Potential Changes for Motor Vehicles
PkRevenue.com – Pakistan’s upcoming budget for the 2024-25 fiscal year may bring revisions to duty and tax structures for motor vehicles, according to analysts at Insight Research.
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Pakistan’s 2024-25 Budget: Tough Choices and Limited Relief
Pakistan’s upcoming budget for the 2024-25 fiscal year is shaping up to be a challenging one, with analysts at Insight Research predicting a focus on long-term reforms over populist measures.
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ICAP Proposes Tax Relief Measures for Salaried Individuals
PkRevenue.com – The Institute of Chartered Accountants of Pakistan (ICAP) has proposed a series of tax relief measures aimed at easing the tax burden on salaried individuals in the country.
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ICAP Suggests Replacing WHT Regime for Listed Companies
PkRevenue.com – The Institute of Chartered Accountants of Pakistan (ICAP) has proposed a major shakeup in the tax regime for listed companies. In its recommendations for the 2023-24 budget, ICAP suggests replacing the current withholding tax (WHT) system with an adjustable advance tax regime.
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