Finance Bill 2019: turnover tax enhanced to 1.5 percent
ISLAMABAD: The rate of minimum turnover tax has been increased to 1.5 percent from 1.25 percent in the budget 2019/2020 presented a day earlier. The Finance Bill, 2019 proposed to enhance the rate of minimum turnover tax The Federal Board of Revenue (FBR) explained that presently minimum tax on turnover is charged at the rate […]