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FBR finalises revised GST schedules for budget - Business Recorder

ISLAMABAD: The Federal Board of Revenue (FBR) has finalised revised sales tax schedules, ie, Sixth Schedule.

Federal boardSixth scheduleFifth scheduleSales tax actExemption scheduleFinance billZero rated scheduleBusiness recorder

Govt eyeing new steps to achieve Rs1trn plus taxation

ISLAMABAD: The new taxation measures of Rs 1.2 trillion to Rs 1.3 trillion in coming budget (2024-25) would include.

International monetary fundBusiness recorderSecond scheduleExemption scheduleIncome tax ordinance

Further sales tax or extra tax : FBR fails to deal with legal issue of chargeability

ISLAMABAD: The Federal Board of Revenue (FBR) has failed to effectively deal with the legal issue of chargeability.

Lahore high courtJustice anwaar hussainDivision bench of justice shams mehmood mirzaCourt appealFederal boardSixth scheduleExemption scheduleSales tax actBusiness recorderInland revenueIntra court appealSingle benchFurther taxExtra taxDivision benchJustice shams mehmood mirza

Tax exemptions cost exchequer Rs2 24 trillion in 2022-23

ISLAMABAD: Tax exemptions to various sectors, lobbies and influential segments of society cost the exchequer Rs2.24 trillion in the outgoing fiscal year, up 50 percent from the previous year, the.

Economic surveyIncome taxSales taxCustoms dutyGeneral sales taxFederal boardSixth scheduleExemption scheduleEight scheduleConditional exemptionSales tax actNinth scheduleFifth scheduleCustoms actFree trade agreementsPreferential trade agreements

Tax exemptions results in Rs2,240bn dip in revenue collection

Amount increased from Rs1,757.035bn recorded last fiscal year

Pakistan economicWeb deskPakistan economic surveyFederal boardSixth scheduleExemption scheduleSales taxFree trade agreementsPreferential trade agreements

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