Surcharge shall be payable by every individual and association of persons at the rate of 10 percent of the income tax imposed under Division-I of Part-I of the First Schedule where the taxable income exceeds Rs10 million
Sales tax has been increased from 12 per cent to 15 per cent on supplies made by POS retailers dealing in leather and textile products from July 1, 2023
If revenue shortfall continues in November 2022, then there is a strong possibility of new taxation measures including a gradual increase in sales tax on petroleum products