ISLAMABAD: Federal Board of Revenue (FBR) has updated special procedure for computation of capital gain tax and collection of tax. The FBR issued Income Tax Rules, 2002 (Updated up to September 08,... Read more »
ISLAMABAD: Federal Board of Revenue (FBR) has said that every investor of stock exchange shall maintain accounts and records separately for each of his brokerage accounts regarding payment of capital gain tax... Read more »
ISLAMABAD: Federal Board of Revenue (FBR) has updated rates of tax on capital gain on disposal of immovable properties that are applicable during tax year 2021 (July 01, 2020 – June 30,... Read more »
KARACHI: National Clearing Company of Pakistan Limited (NCCPL) on Wednesday announced that it will collect/deduct capital gain tax (CGT) for the period of July – August on September 30, 2020. In a... Read more »
ISLAMABAD: Federal Board of Revenue (FBR) has explained holding period and tax rates for the computation of capital gains on disposal of immovable properties, which were amended through Finance Act, 2020. The... Read more »
KARACHI: Following is the rate of capital gains tax on disposal of securities after the amendment made through Finance Act, 2020. Officials at the Federal Board of Revenue (FBR) said that the... Read more »
KARACHI: National Clearing Company of Pakistan Limited (NCCPL) on Wednesday announced to collect capital gain tax for month of June 2020 on July 30, 2020. The NCCPL in a statement said that... Read more »
ISLAMABAD: Federal Board of Revenue (FBR) has issued formula for computation of capital gain tax on disposal of immovable property as amended through Finance Act, 2020. The National Assembly recently approved the... Read more »
ISLAMABAD: The capital gain tax on (CGT) disposal of immovable properties has been reduced by 50 percent in order to promote investment in construction industry. According to Deloitte Yousuf Adil, Chartered Accountants,... Read more »
KARACHI: National Clearing Company of Pakistan Limited (NCCPL) on Wednesday announced that Capital Gain Tax (CGT) for April 2020 will be collected on May 29, 2020. The NCCPL said that the aggregate... Read more »