The newly elected government of Pakistan has announced the mini-budget. The budget has been announced by the finance minister Asad Umar. Here are the silent features of newly announced mini-budget. Limit for taxable income will remain the same as it was 1.2 million The tax rate for all the citizens will be lesser as compared […]
Tax Alerts – PTI Government Presents Mini-Budget Read More »
The latest budget has left the public confused because of the complex discrimination of tax filers and non-filers. For example. non-filers can no longer buy brand new cars or property if it\’s worth more than PKR 5 million. The way new budget differs filers and non-filers are spread over almost every form of investment, whether
Tax Filers and Non Tax Filers – Post-Budget Dilemma Read More »
According to sources, there is no instruction to banks issued by the Federal Board of Revenue (FBR) regarding freezing accounts of those who have not obtained National Tax Number (NTN). Earlier, some media reports caused the chaos saying that the banks had frozen numerous accounts that have large transactions without obtaining NTN. However, without concrete
Bank Accounts Will Not Be Freeze Until The Establishment Of Concealment Read More »
Hundreds of thousands of people were stuck to their television screens last night as the newly elected Prime Minister Imran Khan outlines his government\’s plan to transform the country into an \’Islamic Welfare State\’ in his first ever address to the nation as the Prime Minister. The address began with the recitation of Holy Quran
Imran Khan Addresses Nation: \”We Need To Rethink Our Approach\” Read More »
Withholding taxes on the sale and purchase of immovable properties will remain unchanged until the establishment of the new directorate to ascertain fair market valuation. As per the guidelines of withholding tax rate card for the tax year 2019, the latest tax rate for the sale and purchase of immovable properties will be applicable with the
Withholding Taxes Will Remain Unchanged Till Establishment of new Directorate Read More »
The president of the Islamabad Chamber of Commerce and Industry (ICCI), Mr Shiekh Amir Waheed demands the government to decrease the real estate taxes. He made the demand while addressing the delegation of Islamabad Estate Agents Association (IEA) led by Sardar Tahir. Many office bearers and other notable personalities from both the associations were also
ICCI Chairman Demands Decrease In Real Estate Taxes Read More »
