High court suspends 40pc additional tax on windfall income of banks ISLAMABAD: After Islamabad and Lahore High Courts, the Sindh High Court (SHC) has also suspended the SRO... Updated 26 Dec, 2023 09:56am
Print Imposition of additional tax on windfall income subject to NA’s nod ISLAMABAD: The Federal Board of Revenue (FBR)’s notification to impose a 40 percent additional tax on windfall... Published 25 Nov, 2023 05:19am
Print Experts say super tax based on discrimination LAHORE: The imposition of super tax is hit by the principle of past and closed transaction, as no tax can... Updated 07 Oct, 2023 09:52am
Opinion Improving tax compliance The caretaker government has set up a tax reforms taskforce to come up with recommendations to close the ‘tax... Published 03 Oct, 2023 06:02am
Print Windfall profits of sectors/industries ‘Additional Tax’ applicable for last three tax years from TY23 ISLAMABAD: The Additional Tax on windfall profits of sectors/industries would be applicable for last three preceding... Updated 28 Jul, 2023 02:41pm
Print Tax on windfall profits: FBR to face legal complications ISLAMABAD: The Federal Board of Revenue (FBR) will face legal complications to collect new tax on windfall profits... Updated 03 Jul, 2023 08:59am
Print Additional tax on income profit, gains imposed Federal Board of Revenue includes a new section “99D” (Additional tax on certain income, profits and gains) in the Income Tax Ordinance 2001 Updated 10 Jun, 2023 08:56am
Pakistan Serious health consequences: Speakers call for additional tax on ‘unnecessary items’ ISLAMABAD: Speakers at a workshop while advocating for additional tax on unnecessary items, especially items with... Published 31 Mar, 2023 06:45am
Print NA: Amendments to finance bill may be presented today Amendments are still being given a final shape Updated 28 Jun, 2022 09:57am
Print Supertax likely to generate additional Rs200bn KARACHI: The imposition of one time supertax at 10 percent on big corporates is likely to help the coalition... Updated 25 Jun, 2022 11:24am
Print Oil prices hiked to avert default, says Miftah ISLAMABAD: Federal Finance Minister Miftah Ismail has termed the next fiscal year budget as progressive and... Updated 24 Jun, 2022 10:19am
Print Banking sector: PBA urges FBR not to introduce any additional tax KARACHI: Pakistan Banks Association (PBA) has urged the Federal Board of Revenue not to impose any additional or new... Updated 07 Jun, 2022 10:04am