Pakistan Revenue
In a significant update for the upcoming fiscal year, the Finance Bill 2024 has unveiled revised tax brackets and rates, impacting both salaried individuals and business entities across the country.
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The Federal Board of Revenue (FBR) has announced that filing an incomplete income tax return could lead to severe penalties, including a fine and up to one year of imprisonment.
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The federal government, on Wednesday, unveiled the budget for 2024-25, presenting a comprehensive redefinition of sales tax fraud through the Finance Bill, 2024.
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Islamabad, June 12, 2024 – The government on Wednesday presented the budget for the fiscal year 2024-25, which includes revised tax slabs for business individuals and Associations of Persons (AOPs).
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Islamabad, June 12, 2024 – The Finance Bill, 2024 has unveiled new salary income tax slabs for the fiscal year 2024-25, signaling significant changes in the taxation structure for salaried individuals.
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Islamabad, June 12, 2024 – The Federal Board of Revenue (FBR) has announced stringent penalties on Cellular Mobile Operators (CMOs) for refusing to block SIM cards of non-filers, as part of the newly introduced amendments in the Finance Bill, 2024.
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PkRevenue.com – The Federal Board of Revenue (FBR) has announced revised capital gains tax (CGT) rates on the sale of securities, set to take effect from July 1, 2024.
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Islamabad, June 12, 2024 – Pakistan government, through the Finance Bill 2024, has introduced significant income tax changes on transactions involving immovable properties.
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Islamabad, June 12, 2024 – The Federal Board of Revenue (FBR) has announced new tax rates for late income tax return filers as part of the Finance Bill 2024.
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Islamabad, June 12, 2024 –Pakistan has increased tax rates for both salaried and business individuals in the newly presented budget for the fiscal year 2024-25.
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