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Taxes, social services, gender & equality

Taxes, social services, gender & equality
dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.

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FBR: A house in shambles - Daily Times

FBR: A house in shambles - Daily Times
dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.

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Single identifier number for all domestic taxes launched - Newspaper

ISLAMABAD: The Federal Board of Revenue (FBR) has launched a single identifier number for all domestic taxes.
An official announcement said that under this initiative a taxpayer can use all applications under the Income Tax, Sales Tax and Federal Excise Duty by mere use of the Computerised National Identity Card if he/she is an individual.
In case of partnership firms and companies, the National Tax Number (NTN) shall be the common tax identifier number. In this manner the Sales Tax, Income Tax and Federal Excise laws have been harmonised. This is an important step towards ease of doing business and it will substantially improve Pakistan’s rating on this count. ....

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Single Identifier Number for all domestic taxes launched

Single Identifier Number for all domestic taxes launched
July 29, 2021
ISLAMABAD: The Federal Board of Revenue (FBR) has launched a Single Identifier Number for all domestic taxes by harmonizing Income Tax, Sales Tax and Federal Excise Duty. Under this initiative, a taxpayer can use all applications under the Income Tax, Sales Tax and Federal Excise duty by mere use of CNIC if a taxpayer is an individual.
In case of partnership firms and companies, the National Tax Number (NTN) shall be the common tax identifier number. In this manner, the Sales Tax, Income Tax and Federal Excise law have been harmonized. This is an important step towards ease of doing business and will substantially improve Pakistan’s rating on this count. ....

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IMF's programmes & tax reforms - Daily Times

Daily Times
July 25, 2021
According to a press report, the International Monetary Fund (IMF) is looking forward to continuing discussions with the Pakistani authorities on the set of policies and reforms that could form the basis for completion of the sixth review under the $6-billion Extended Fund Facility (EFF). This was stated by the IMF resident representative, Ms. Teresa Dabán Sanchez in response to a query by an English daily. She further stated that “we welcome the strong and constructive engagement with the Pakistani authorities and we stand ready to continue supporting Pakistan to achieve the objectives of debt sustainability and strong and sustainable growth, through the implementation of the policies, structural reforms and social spending enhancement envisaged in the EFF-supporting program.” ....

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