PBC calls for the removal of 1% CVT on foreign assets The Pakistan Business Council (PBC), the country’s largest corporate sector advocacy platform, has called for the... Updated 17 May, 2024 05:55pm
Business & Finance FBR collects Rs10bn CVT under different heads in 2022-23 ISLAMABAD: The Federal Board of Revenue (FBR) has collected Capital Value Tax (CVT) of Rs 10 billion under different... Published 01 Dec, 2023 04:43am
Print Recovery of CVT under Finance Act 2022: Taxmen’s orders are without jurisdiction: former FBR chief ISLAMABAD: All the orders passed by the taxation officers/Inland Revenue officers for the recovery of Capital Value... Updated 24 Oct, 2023 09:38am
Print FBR refuses to share Politically-Exposed Persons’ data Refusal letter says section 216 prohibits disclosure of taxpayer’s information to any individual or authority except those mentioned explicitly in sub section 3 of section 21 of the Ordinance Updated 07 Aug, 2023 11:44am
Print Local, foreign assets: Rs9bn CVT collected so far ISLAMABAD: The government has so far collected Rs9 billion on account of capital value tax (CVT) on local and... Updated 20 May, 2023 12:30pm
Print Pre-budget talks: Senate panel to meet stakeholders from next week ISLAMABAD: The Senate Standing Committee has decided to hold pre-budget meetings with all the relevant stakeholders... Updated 18 May, 2023 09:05am
Print CVT on foreign assets, tax on ‘deemed income basis’: FBR decides to publish richest defaulters’ names ISLAMABAD: The government is weighing in on ‘naming and shaming’ the richest of the country who default on Capital... Updated 27 Dec, 2022 09:45am
Print Failure to deposit CVT on foreign assets: Taxpayers/resident individuals liable to pay 12pc per default surcharge ISLAMABAD: The taxpayers/resident individuals who failed to deposit Capital Value Tax (CVT) on their foreign assets... Updated 20 Dec, 2022 09:37am