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Finance Minister Muhammad Aurangzeb has expressed the resolve to simplify the tax return form for the salaried class. Speaking at an event titled Dialogue on Economy in Islamabad on Tuesday, [...]

The Punjab Revenue Authority (PRA) has taken a significant step toward expanding the scope of the Single Sales Tax Return. An orientation workshop was organized for representatives from the insurance [...]

Lahore -- The Honda City continues to rule the auto market in Pakistan in its niche owing to its sleek design and impressive performance on road. The popular sedan carries [...]

The Federal Board of Revenue (FBR), through its Taxpayers Services Wing (TPS), organized a tax awareness session on the topic of 'Filing of Income Tax Return' at University of Wah. [...]

Honda City Taxes in Pakistan: Auto industry in country has remained in dire straits for quite some time, as prices of all vehicles are sky high amid rupee depreciation, and [...]

Karachi -- Buying cars in Pakistan has become more expensive than ever, especially for those who are not tax-payers as authorities are tightening noose to boost revenue. The cost of [...]

Islamabad -- Buying new car in Pakistan has become more expensive than ever after this year's tax as Withholding Tax (WHT) is now being calculated based on vehicle invoice price [...]

Alto remains cheapest hatchback of Suzuki and the car remains among top choices for its decent fuel average, good resale, branding. As the car offers unbeatable value with so-called budget-friendly [...]

The Karachi Chamber of Commerce and Industry (KCCI) President, Muhammad Jawed Bilwani, has called for an immediate suspension of the affidavit requirement tied to sales tax returns, citing the burden [...]

Federal Board of Revenue organized an awareness session on 'Tax Culture in Pakistan' at Bahria University Islamabad. This seminar, held in collaboration with the Business School, was attended by both [...]

Suzuki Alto remains one of most selling hatchback cars in Pakistan, and now prices of the car move up for those who are resisting to come under the tax system. [...]

Only one-day left for filing income tax returns for fiscal year 2024 which already approaching fast. Prior to this Federal Board of Revenue (FBR) extended last date of filing income [...]

Federal Board of Revenue is pleased to announce significant amendments in the Income Tax Rules, 2002, as notified via S.R.O. 1638(I)/2024, dated 18th October 2024. These amendments, issued under section [...]

The Lahore Chamber of Commerce and Industry has organized an awareness session on the filing of income tax returns in collaboration with the Chief Commissioner Regional Tax Office (RTO) Lahore. [...]

During the data-driven analytic exercise of sales tax returns filed by major businesses, it was observed that significant fraudulent practices are being employed by some of their authorized representatives and [...]

Suzuki Swift remains among much-sought sedans known for its sporty look, optimum performance, spacious interior, good resale value, and customization options. For non-filers, the taxes on Swift GL is Rs195,00, [...]

Karachi -- A sigh of relief for tax payers as Federal Board of Revenue (FBR) extended the deadline for the filing of income tax returns until October 14. Federal Board [...]

President SITE Association of Industry Muhammad Kamran Arbi, Chief Coordinator Saleem Parekh, Senior Vice President HanifTawakkal, Vice President Farhan Ashrafi along with the entire Executive Committee, have demanded the FBR [...]

Lahore -- Pakistan Tax Community Association on Monday wrote a letter to the prime minister and demanded further extension in the deadline of the Income Tax returns. Malik Muhammad Ali [...]

Finance Minister Muhammad Aurangzeb on Sunday said that tax filers for the current fiscal year had nearly doubled as compared to last year, stating that around 723,000 new filers have [...]

Islamabad -- The Federal Bureau of Revenue (FBR) is likely to extend the deadline for filing the Income Tax returns. As per the media reports, the deadline will be extended [...]

Taxpayers encountered difficulties once again in submitting their income tax returns, according to President of the Karachi Chamber of Commerce and Industry (KCCI), Iftikhar Ahmed Sheikh. He highlighted that the [...]

President of the Karachi Chamber of Commerce and Industry (KCCI) Iftikhar Ahmed Sheikh, has formally requested the Federal Board of Revenue (FBR) to extend the deadline for filing income tax [...]

Islamabad -- The Federal Board of Revenue (FBR) has decided to eliminate the non-filer category and impose 15 restrictions on tax evaders. Initially, five of the 15 restriction will be [...]

Lahore -- A stunning blend of imposing looks and impressive performance makes Suzuki Swift a top choice for those who want to buy mid-range luxury hatchback. From keyless smart entry [...]

According to reports, the Federal Board of Revenue (FBR) has a plan to launch an intensive campaign against non-filers effective from October 1 - after expiry of the deadline for [...]

Lahore -- People who regularly file their income tax returns can get a handsome discount in withholding tax paid while buying the Suzuki Alto vehicle in Pakistan. The reduced WHT [...]

TAX season starts in Pakistan from July to September of every year, in which taxpayers fulfil their national obligation of voluntarily filing their annual income tax returns and statements of [...]

Islamabad -- The government of Pakistan is taking stern measures to increase tax revenue and now non-filers will face new restrictions on banking and property transfers. The new directives come [...]

FINANCE Minister Muhammad Aurangzeb has, once again, reiterated firm resolve of the government to proceed ahead with multi-dimensional reforms aimed at putting the economy back on track and enabling the [...]

THE Bureau of Internal Revenue (BIR) announced it is extending several tax deadlines due on July 25 for taxpayers affected by Typhoon Carina and the Southwest Monsoon (Habagat). 'Extended po [...]

The federal government has slapped massive taxes on almost all vehicles in this year budget, causing price increases for locally manufactured cars. With latest measures, non-filers come on radar as [...]

The Cement Dealers Association of Pakistan has announced a countrywide strike to protest against the increase in withholding tax for non-filers and the implementation of turnover tax on dealers, and [...]

KARACHI -- Pakistani government has rolled out massive taxation in budget to salvage bailout package from International Monetary Fund (IMF) with record-high taxes on real estate. The authorities made major [...]

ISLAMABAD -- The government of Pakistan has tapped many untouched services to generate taxes, and people in the country have to pay taxes for entertainment like Netflix. Amid soaring taxes [...]

Prime Minister Shehbaz Sharif on Friday directed the immediate inclusion of those non-filers, who have the ability to pay taxes but do not submit returns, to the tax net. Chairing [...]

President of SITE Association of Industry Muhammad Kamran Arbi has, in a press statement, once again demanded the government to immediately withdraw the SRO-350, ab initio, in the wake of [...]

ISLAMABAD -- Chamber of Commerce and Industry (ICCI) deserves appreciation for convening a two-day All Pakistan Chambers Presidents Conference, which was attended, among others, by over seventy Presidents of different [...]

Suzuki cultus Price in Pakistan after Budget 2024-25: The federal government came up with new car taxation policy in this Budget, in order to boost tax revenue. The new tax [...]

FINANCE Minister Muhammad Aurangzeb's post-budget news conference on Wednesday demonstrated the government's intent and seriousness to enhance the tax to GDP ratio, which indeed is the key in addressing the [...]