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Sohail Sarfraz

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Bank withdrawals: no change in cash limits or tax rates: Hammad

Minister of State for Revenue, Muhammad Hammad Azhar Wednesday said there has been no change in cash limits or tax rates on withdrawal from bank accounts and the Finance Second Supplementary Act 2019 has taken out only income tax return filers from the sc
Published 28 Mar, 2019 12:00am
Print

Bank withdrawals: no change in cash limits or tax rates: Hammad

Minister of State for Revenue, Muhammad Hammad Azhar Wednesday said there has been no change in cash limits or tax rates on withdrawal from bank accounts and the Finance Second Supplementary Act 2019 has taken out only income tax return filers from the sc
Published 28 Mar, 2019 12:00am
Print

Bank withdrawals: no change in cash limits or tax rates: Hammad

Minister of State for Revenue, Muhammad Hammad Azhar Wednesday said there has been no change in cash limits or tax rates on withdrawal from bank accounts and the Finance Second Supplementary Act 2019 has taken out only income tax return filers from the sc
Published 28 Mar, 2019 12:00am
Print

FBR will relax major condition for oil E&P companies

Chairman Federal Board of Revenue (FBR) Mohammad Jehanzeb Khan said on Tuesday that FBR will relax a major condition for oil exploration and production (E&P) companies regarding development of software under SRO 678(I)/2004 in the budget (2019-20). The FB
Published 27 Mar, 2019 12:00am
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FBR will relax major condition for oil E&P companies

Chairman Federal Board of Revenue (FBR) Mohammad Jehanzeb Khan said on Tuesday that FBR will relax a major condition for oil exploration and production (E&P) companies regarding development of software under SRO 678(I)/2004 in the budget (2019-20). The FB
Published 27 Mar, 2019 12:00am
Print

FBR will relax major condition for oil E&P companies

Chairman Federal Board of Revenue (FBR) Mohammad Jehanzeb Khan said on Tuesday that FBR will relax a major condition for oil exploration and production (E&P) companies regarding development of software under SRO 678(I)/2004 in the budget (2019-20). The FB
Published 27 Mar, 2019 12:00am
Print

IT on agriculture income: EAC suggests historic step

Economic Advisory Council (EAC), constituted by Prime Minister Imran Khan, has recommended to take away powers of collection of income tax on agriculture income from provinces and hand over to the federation. Prime Minister, Imran Khan had constituted 18-
Published 25 Mar, 2019 12:00am
Print

IT on agriculture income: EAC suggests historic step

Economic Advisory Council (EAC), constituted by Prime Minister Imran Khan, has recommended to take away powers of collection of income tax on agriculture income from provinces and hand over to the federation. Prime Minister, Imran Khan had constituted 18-
Published 25 Mar, 2019 12:00am
Print

FTO probes ''misuse of authority'' by FBR officials

Federal Tax Ombudsman (FTO) has initiated probe on a complaint of misuse of authority by Federal Board of Revenue (FBR) officials for recovering funds from bank account of complainant by posing him as a proprietor of an organisation owned by Punjab govern
Published 25 Mar, 2019 12:00am
Print

IT on agriculture income: EAC suggests historic step

Economic Advisory Council (EAC), constituted by Prime Minister Imran Khan, has recommended to take away powers of collection of income tax on agriculture income from provinces and hand over to the federation. Prime Minister, Imran Khan had constituted 18-
Published 25 Mar, 2019 12:00am
Print

FTO probes 'misuse of authority' by FBR officials

Federal Tax Ombudsman (FTO) has initiated probe on a complaint of misuse of authority by Federal Board of Revenue (FBR) officials for recovering funds from bank account of complainant by posing him as a proprietor of an organisation owned by Punjab govern
Published 25 Mar, 2019 12:00am
Print

IT on agriculture income: EAC suggests historic step

Economic Advisory Council (EAC), constituted by Prime Minister Imran Khan, has recommended to take away powers of collection of income tax on agriculture income from provinces and hand over to the federation. Prime Minister, Imran Khan had constituted 18-
Published 25 Mar, 2019 12:00am
Print

FTO probes 'misuse of authority' by FBR officials

Federal Tax Ombudsman (FTO) has initiated probe on a complaint of misuse of authority by Federal Board of Revenue (FBR) officials for recovering funds from bank account of complainant by posing him as a proprietor of an organisation owned by Punjab govern
Published 25 Mar, 2019 12:00am
Print

EAC recommends sweeping changes in tax policy

The Economic Advisory Council (EAC) has recommended withdrawal of the FBR powers to write SROs, issuance of exemptions with estimated cost only through Parliament, sunset clause for all existing/future exemptions, maximum period of five years for any exem
Published 24 Mar, 2019 12:00am
Print

EAC recommends sweeping changes in tax policy

The Economic Advisory Council (EAC) has recommended withdrawal of the FBR powers to write SROs, issuance of exemptions with estimated cost only through Parliament, sunset clause for all existing/future exemptions, maximum period of five years for any exem
Published 24 Mar, 2019 12:00am
Print

EAC recommends sweeping changes in tax policy

The Economic Advisory Council (EAC) has recommended withdrawal of the FBR powers to write SROs, issuance of exemptions with estimated cost only through Parliament, sunset clause for all existing/future exemptions, maximum period of five years for any exem
Published 24 Mar, 2019 12:00am