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Muhammad Ali

Finance bill: Typo causes confusion among car assemblers
Print

Finance bill: Typo causes confusion among car assemblers

A typographical error in the Finance Bill 2019 has caused deep confusion among local car assemblers, provincial excise and taxation departments, dealers and the owners of motor vehicles. The Finance Bill 2019 stated that the mode of advance tax on registr
Published 03 Jul, 2019 12:00am
Finance bill: Typo causes confusion among car assemblers
Print

Finance bill: Typo causes confusion among car assemblers

A typographical error in the Finance Bill 2019 has caused deep confusion among local car assemblers, provincial excise and taxation departments, dealers and the owners of motor vehicles. The Finance Bill 2019 stated that the mode of advance tax on registr
Published 03 Jul, 2019 12:00am
Owners of undeclared assets: FBR set to kick off massive crackdown
Print

Owners of undeclared assets: FBR set to kick off massive crackdown

Federal Board of Revenue (FBR) is planning to kick off massive crackdown against the owners of undeclared moveable and immoveable assets except the beneficiaries of amnesty scheme to be ended by June 30, 2019. Tax experts said that the amnesty scheme anno
Published 20 Jun, 2019 12:00am
Budget 2019-20: Tax relief likely on import or lease of aircraft
Markets

Budget 2019-20: Tax relief likely on import or lease of aircraft

The federal government is likely to exempt duty and taxes on the import or lease of aircraft in coming budget 2019-20; it was learnt. According to sources, the aviation division in its National Aviation Policy 2019 proposed to the government to exempt dut
Published 08 Jun, 2019 12:00am
Budget 2019-20: Tax relief likely on import or lease of aircraft
Markets

Budget 2019-20: Tax relief likely on import or lease of aircraft

The federal government is likely to exempt duty and taxes on the import or lease of aircraft in coming budget 2019-20; it was learnt. According to sources, the aviation division in its National Aviation Policy 2019 proposed to the government to exempt dut
Published 08 Jun, 2019 12:00am
Budget 2019-20: Tax relief likely on import or lease of aircraft
Markets

Budget 2019-20: Tax relief likely on import or lease of aircraft

The federal government is likely to exempt duty and taxes on the import or lease of aircraft in coming budget 2019-20; it was learnt. According to sources, the aviation division in its National Aviation Policy 2019 proposed to the government to exempt dut
Published 08 Jun, 2019 12:00am
NAP 2019: Aviation sector to get Rs 4 billion annual relief
Markets

NAP 2019: Aviation sector to get Rs 4 billion annual relief

The aviation sector will get annual relief up to Rs4 billion under New Aviation Policy (NAP), 2019, said secretary aviation. Speaking at a press briefing held at Pakistan Civil Aviation Authority (PCAA) headquarter, secretary aviation/DG PCAA Shahrukh Nus
Published 28 Apr, 2019 12:00am
NAP 2019: Aviation sector to get Rs 4 billion annual relief
Markets

NAP 2019: Aviation sector to get Rs 4 billion annual relief

The aviation sector will get annual relief up to Rs4 billion under New Aviation Policy (NAP), 2019, said secretary aviation. Speaking at a press briefing held at Pakistan Civil Aviation Authority (PCAA) headquarter, secretary aviation/DG PCAA Shahrukh Nus
Published 28 Apr, 2019 12:00am
NAP 2019: Aviation sector to get Rs 4 billion annual relief
Markets

NAP 2019: Aviation sector to get Rs 4 billion annual relief

The aviation sector will get annual relief up to Rs4 billion under New Aviation Policy (NAP), 2019, said secretary aviation. Speaking at a press briefing held at Pakistan Civil Aviation Authority (PCAA) headquarter, secretary aviation/DG PCAA Shahrukh Nus
Published 28 Apr, 2019 12:00am
FBR starts serving show-cause notices under Benami Act
Print

FBR starts serving show-cause notices under Benami Act

The Federal Board of Revenue (FBR) has started serving show-cause notices under Benami Transaction (Prohibition), Act, 2017. According to sources, the Regional Tax Office (RTO)-II, Karachi has issued seven show-cause notices while Lahore and Islamabad tax
Published 21 Apr, 2019 12:00am