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Tag: Finance Bill 2022

budget 2022-2023

Budget 2022/2023: Salient features of sales tax

June 11, 2022April 29, 2026Mrs. Anjum Shahnawaz

ISLAMABAD: Following are the salient features of amendment made to Sales Tax Act, 1990 through Finance Bill, 2022.

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budget 2022-2023

Budget 2022/2023: Salient features of income tax

June 11, 2022June 11, 2022Mrs. Anjum Shahnawaz

ISLAMABAD: Following are the salient features of amendment made to Income Tax Ordinance, 2001 through Finance Bill, 2022. REVENUE MEASURE: 1. Increase in tax rate for banks for tax year 2023 onwards from effective 39 per cent to 45 per cent. 2. Increase in tax rate of banking companies on adverse ADR ratio. READ MORE: […]

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