Taxes
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FBR Introduces Withholding Tax Relaxations For Branchless Banking, Internet And Phone Usage
Exemption of withholding taxation to promote digital transactions According to a circular issued by Federal Board of Revenue (FBR), the withholding tax...
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Rs200 Billion Of Taxes Gathered From Mobile Phone Users In Less Than 5 Years
According to the data released by Ministry of Information Technology & Telecommunication, the Government of Pakistan has collected a mammoth sum of...
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Corrupt Politicians? Only 21% Employees Of Top 54 Companies Pay Their Taxes!
Federal Board of Revenue (FBR) has shortlisted 200,906 non-tax paying employees of the leading 54 corporate organizations in Pakistan. Although the initiative has...
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FBR Imposes 0.5% Tax On E-Commerce Companies
In a latest development, Federal Board of Revenue (FBR) has levied a tax of 0.5% on all the e-commerce companies which are...
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Tax Exemption for Startups Launched During Last 5 Years
Here’s a great news for the IT companies! The Federal Board of Revenue (FBR) has introduced changes to Income Tax Ordinance, 2001 through...
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FBR Earns Rs15 Billion in 4 Months, Proposes 30 % Rise In Property Valuation Rates
Government is planning to increase property valuation rates by 30 percent for major cities of the country from July. The expected move...
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Tax Evasion Through Gifts: FBR Investigates New Scheme Of Money Laundering
In a latest report emerging from the investigative quarters at the Federal Board of Revenue (FBR), there has been a recent hike...
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Punjab To Impose a Hefty Tax Of Rs5 Billion On Use Of Internet And Broadband
Federal budget 2017-18 apparently looked easy on the telecom industry after the federal government had promised to reduce excise duty and withholding...
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Federal Budget 2017: Impact On Business And Startup Industry
Federal Budget 2017-18 has been announced. It’s the 5th budget by the PML-N led government and with its standing as the last presented...
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Economic Survey of Pakistan: Tax Exemptions Explained – Budget 17-18 Series
Tax exemptions increased by 5 percent to Rs415.8 billion after two successive years of reduction. The two previous fiscal cycles had seen...
