Motorcycle assemblers demand GST reduction to 15%
Association of Pakistan Motorcycle Assemblers (APMA) has demanded the government of reducing General Sales Tax (GST) to 15% from existing 18% in the forthcoming budget 2023-24
Association of Pakistan Motorcycle Assemblers (APMA) has demanded the government of reducing General Sales Tax (GST) to 15% from existing 18% in the forthcoming budget 2023-24
Pakistan’s Federal Board of Revenue is likely to withdraw exemption and concession of general sales tax (GST) granted on many consumable items. The consumption tax may be withdrawan on the supply of goods to generate an estimated revenue of Rs334 billion, news reports suggested. The exemption of GST may be withdrawn on supplies of various […]
KARACHI: Pakistan has assured International Monetary Fund (IMF) of removing distortion in taxation system and strengthening taxation on real estate and agriculture income. The IMF on Monday issued country report on Pakistan after successful $6 billion loan program. The report said that a large deficit would require aggressive revenue collection. A multi-year effort will aim […]