Over Rs623bn new taxes unveiled Updated 11 Jun, 2025 11:11am ISLAMABAD: The government has introduced first of its kind of Finance Bill 2025-26 with extraordinary enforcement...
Accelerating sell-off: GST waiver on aircraft leasing for PIA announced Published 11 Jun, 2025 06:04am KARACHI: The federal government has announced to introduce sales tax exemptions on aircraft imports and leasing for...
Fertilizer sector availed Rs252.6bn tax exemption in 2022-23 Updated 17 Jun, 2024 02:44pm ISLAMABAD: The fertilizer sector has availed huge sales tax exemption of Rs 252.60 billion during 2022-23 mainly due...
IT sector, freelancers and startups: FBR ‘drafting’ ordinance aimed at extending incentives Updated 19 Mar, 2022 04:23pm ISLAMABAD: The Federal Board of Revenue (FBR) is drafting a Presidential Ordinance to extend grant incentives,...
NTDC seeks PD’s support for restoration of sales tax exemption Updated 06 Mar, 2022 10:13am ISLAMABAD: National Transmission and Despatch Company (NTDC) has sought support from the Power Division to restore...
Goods imported by diplomats, missions: Senate panel supports imposition of 17pc GST Updated 07 Jan, 2022 09:39am ISLAMABAD: Senate Standing Committee on Finance Thursday supported imposition of 17 percent sales tax on goods...
FY23 budget: Remaining GST exemptions to be withdrawn: FBR chief Updated 06 Jan, 2022 09:32am ISLAMABAD: Chairman FBR/Secretary Revenue Division, Dr Muhammad Ashfaq Ahmed said Wednesday that the government will...
MPS: finally, getting the signaling right! Published 15 Dec, 2021 09:24am Its 100bps increase to 9.75 percent! Forward guidance is also much clearer: “end goal of mildly positive real...
Electric vehicles, kits: sales tax exemptions retained Updated 11 Dec, 2021 09:27am ISLAMABAD: The government has decided to retain sales tax exemptions on electric vehicles and kits imported by local...
FBR to withdraw Rs330bn ST exemptions Updated 23 Nov, 2021 09:35am ISLAMABAD: The "Income Tax (Second Amendment) Bill, 2021” issued subsequent to its passage through the Finance ...
Law Div vets Tax Laws (4th Amendment) Ordinance, 2021 Updated 08 Nov, 2021 09:51am ISLAMABAD: The draft of the Tax Laws (4th Amendment) Ordinance, 2021 has been vetted by the Law Division to withdraw...
Diplomats, missions and privileged persons: Sales tax exemptions likely to be abolished Updated 28 Oct, 2021 09:45am ISLAMABAD: The sales tax exemptions available to diplomats, diplomatic missions, and privileged persons may also be...
Rs330bn sales tax exemptions: Presidential Ordinance on the cards Published 14 Oct, 2021 03:08am ISLAMABAD: A presidential ordinance is on the cards to withdraw sales tax exemptions, zero-rating, and reduced sales...