Tribal districts to pay K-P sales tax on services
PESHAWAR: Exemption to tribal districts of Khyber-Pakhtunkhwa in sales tax has ended in July 2021 but these areas still do not pay sales tax on services and this practice should…
FBR detects over Rs8.5m tax evasion
KARACHI: The Regional Tax Office One (RTO-I) Karachi of the Federal Board of Revenue (FBR) has detected a big scam of tax evasion on sugar. Sources informed The Express Tribune…
FBR gets federal cabinet’s go-ahead for restructuring, digitisation
In a move to adopt globally recognised practices for managing tax and revenue affairs, the federal cabinet on Tuesday gave the go-ahead to restructure and digitise the Federal Board of…
Balochistan to revamp revenue department
QUETTA: The Balochistan government will revamp its revenue department in order to boost revenue generation and encourage a culture of taxation in the province, Caretaker Minister for Revenue and Finance,…
Professional tax levied by cantonment board unconstitutional: SC
ISLAMABAD: The Supreme Court (SC) declared on Friday professional tax levied by Cantonment Board Karachi unconstitutional, disposing off the board’s plea challenging the Sindh High Court’s order. A three-member bench…
Tax imposed on cash withdrawals above Rs50,000
In a significant move aimed at documenting the economy and curbing the outflow of foreign currency, Finance Minister Ishaq Dar in Budget 2023-24 announced the imposition of new tax measures.…
Relief For Individuals With Income Marginally Over Rs 7 Lakh
The Finance Bill 2023 has proposed a marginal relief to taxpayers under new tax regime. (File) New Delhi: In a relief to taxpayers opting for new tax regime, individuals earning…
Salaried People Seek Tax Relief Ahead Of 2024 Polls
The last Union Budget did not give relief to the middle class New Delhi: Will salaried people in India get some respite on income tax? That’s the million-dollar question before…
Panel On GST (Tax) Levy On Online Gaming To Submit Report Next Week
The Group of Ministers (GoM) held its final meeting on the issue earlier this week. (File) New Delhi: The state finance ministers’ panel for GST (Goods and Services Tax) levy…
India Says Pernod Halting $244 Million Tax Demand Probe
India’s customs authority said the French company was resorting to “delay tactics”. Mumbai: Indian authorities have asked a court to quash Pernod Ricard’s bid to halt proceedings related to a…