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All Stories: Tax

Federal govt reduces registration tax for commercial vehicles

ISLAMABAD: The federal government has reduced the registration tax for commercial vehicles in Excise and Taxation department Islamabad Capital Territory (ICT), ARY News reported...

‘Misleading, blatant lies’: ISPR slams tax records propaganda against COAS Gen Bajwa

RAWALPINDI: The military’s media wing Inter-Services Public Relations (ISPR) on Sunday rubbished nefarious campaign launched against Chief of Army Staff (COAS) General Qamar Javed...

‘Tax people in this room to help the poor’

European governments should tax corporates to help weaker parts of society weather soaring energy costs but not intervene to cap gas prices, Shell Chief...

Shakira to face trial for tax fraud

A Spanish court on Tuesday formally ordered Colombian superstar Shakira to stand trial on accusations that she failed to pay 14.5 million euros ($14.31...

FBR surpasses August revenue target

ISLAMABAD: The Federal Board of Revenue (FBR) has collected net revenue of PKR 489 billion against the target of Rs483 billion in the second...

RETAILERS PROTEST ABOUT INFLATED ELECTRICITY BILLS COUNTRYWIDE

Commercial consumers across the country have risen in protest at the latest Sales Tax that has been billed to them via their electricity dues....

Miftah Ismail says ‘7pc tax on POL due to be imposed as per PTI’s agreement’

ISLAMABAD: Finance Minister Miftah Ismail has said that 7 per cent of tax was due to be imposed on petroleum products as per the...

FBR exceeds FY 2021-22 tax collection target by Rs300 billion

Islamabad: The Federal Bureau of Revenue (FBR) collected a tax of Rs 6 trillion in the fiscal year 2021-22, exceeding the target of Rs5.8...

PM Shehbaz Sharif removes tax on raw materials for export industry

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday directed the authorities concerned to abolish all taxes on the raw materials of the export industry, ARY...

Budget: Govt to raise tax on online gaming, social media apps

 ISLAMABAD: The federal government is considering over a proposal to increase tax on income made through social media platforms including TikTok, YouTube and other...

Streaming services hit with tax to support local TV

Lawmakers in Denmark have agreed global TV streaming services such as Netflix, Amazon and Disney must pay a levy of 6% of their revenue...

Govt plans hike in taxes on mobile phones, cars, other imported items

ISLAMABAD: Taxes on mobile phones and vehicles above 1000cc are going to be doubled as the federal government has planned to increase duty on...

Mini budget: Govt urged to withdraw 17% tax on mobile phones

KARACHI: Traders and businessmen have urged the government to withdraw 17 per cent sales tax imposed on mobile phones through the mini budget. Karachi Electronics...

Indian tax authorities seize $30 mln in cash ahead of state elections

Indian tax officials have seized more than $30 million in cash and gold in raids on suspected tax evaders this week including a record...

Sri Lanka to tax car accidents

Sri Lanka slapped a tax on road accidents in a drastic austerity budget unveiled Friday as the country faces a major foreign exchange crisis. Finance...

Govt to abolish all but two taxes: Shaukat Tarin

ISLAMABAD: Adviser to PM on Finance Shaukat Tarin said Monday the government would abolish all but two taxes in next two to three years...

PM Imran Khan lauds FBR over Rs1.84tr revenue collection

ISLAMABAD: Prime Minister Imran Khan Saturday congratulated the Federal Board of Revenue (FBR) for achieving a tax collection target of Rs 1,840 billion for...

Federal govt opposes Sindh’s proposal to collect KMC taxes through electricity bills

KARACHI: Federal Minister for Planning, Development and Special Initiatives Asad Umar on Saturday opposed the Sindh government’s proposal to collect KMC taxes through electricity...

Govt notifies tax on mobile phone calls lasting more than 5 minutes

ISLAMABAD: The federal government on Friday imposed a tax on mobile phone calls lasting more than five minutes, ARY News reported. According to a notification...

Tax on phone calls exceeding 5 minutes, relief for 1000cc cars : Tarin winds up budget discussion

ISLAMABAD: The federal government has slapped a tax on talking on a mobile phone for more than five minutes, ARY News reported on Friday. This...
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