Curbs on non-filers trap tax authorities
ISLAMABAD: The tax authorities are facing challenging revenue collection after imposing curbs on non-filers in the budget 2018-2019.
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Tag: Finance Supplementary Act 2018
Salary tax slab of above Rs800,000 to pay Rs2,000 as minimum tax
Islamabad – The Federal Board of Revenue (FBR) has introduced a minimum tax for salary individuals with taxable income exceeding Rs800,000 but not exceeding Rs12,000 for Tax Year 2019.
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RD regime brings down import by 23pc
ISLAMABAD – Recent regulatory duties (RD) imposed on luxury and non-essential items have significantly reduced imports in Pakistan, with a decline of 23 percent observed in December 2018.
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