Islamabad, December 26, 2024 – The Senate Standing Committee on Finance has approved the Tax Laws (Amendment) Bill, 2024, marking a significant step toward tightening tax compliance measures.
ISLAMABAD: Senators have termed a statement given by State Bank of Pakistan (SBP) governor Dr. Reza Baqir as irresponsible and called for an explanation. The issue of massive depreciation of Pak Rupee (PKR) was discussed a day earlier by Senate Standing Committee on Finance, Revenue and Economic Affair. Senator Sherry Rehman and other Senators took […]
ISLAMABAD: The Standing Committee on Finance, Revenue and Economic Affairs, in a meeting, has rejected new clauses of taxpayers profiling and real-time access to information. The committee strongly rejected the amendments to the taxpayers profile, appeal to appellate tribunal, offences and penalties and power to enter and search premises. Clauses related to real time access […]
ISLAMABAD: Federal Board of Revenue (FBR) on Monday said it will make easy procedure for government employees to file their annual income tax returns. Briefing the Standing Committee of the Senate on Finance, Revenue and Economic Affairs, the FBR officials said that they were working on the project of making procedure easy for government employees […]