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Foreign exchange transactions: Cabinet approves levy of 40pc tax on banks' windfall profits

ISLAMABAD: The caretaker federal cabinet, on the recommendation of the Federal Board of Revenue (FBR), approved. ....

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Forex deals: Tax on windfall profits of banks likely

ISLAMABAD: The government is likely to invoke provisions of the Finance Act, 2023, to impose tax on windfall. ....

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Cabinet approves levy of 40% tax on banks' windfall profit earned during 2021-22 - Business & Finance

The federal cabinet on Wednesday accorded approval to impose 40% tax on windfall profit earned by banks on the. ....

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Tax on windfall profits: FBR to face legal complications

ISLAMABAD: The Federal Board of Revenue (FBR) will face legal complications to collect new tax on windfall profits. ....

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