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Budget Proposals

 

Budget recommendation: SCCI calls for broadening tax base, reducing tax rate

RECORDER REPORT PESHAWAR: Sarhad Chamber of Commerce and Industry (SCCI) in its recommendations for Federal Budget 20012-13 has called for broadening of tax base, reducing the tax rate and preventing from passing further burden on the existing tax payers. According to the recommendations prepared by the chamber, the Sales Tax Law & Procedure was changed in 1990 and was transformed into a shape ... Read more

SECP Income Tax Proposals for Finance Bill 2011

SECP Income Tax Proposals for Finance Bill 2011

TEXT: 1. Corporate Income Tax rate should be reduced for Companies and listed companies. EXISTING PROVISION Schedule I, Part I, of Income Tax Ordinance, 2001 Division IB The rate of tax imposed on the ... Read more

ICAP proposal for Federal Budget 2011-12

ICAP proposal for Federal Budget 2011-12

TEXT: The following Proposals for the Federal Budget 2011-12 have been prepared by Taxation Committee of Institute of Chartered Accountants of Pakistan (ICAP) for the consideration of legislators, and policy-makers at Ministry of Finance and FBR: DIRECT TAXES 1 TAX POLICY 1.1 RATE OF CORP... Read more



 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln