Pakistan News

    Business Taxation In Pakistan Mcqs

  • FBISE may compensate students for lenghty MCQs

    The students have been complaining that multiple choice questions (MCQs) of the mathematics paper were too lengthy and could not be solved within the stipulated time...

    Sources said during the meeting, it transpired that three MCQs were too lengthy and it was difficult for the students to solve them in one minute time allocated for each question...

  • Pakistan’s taxation crisis

    THE contours of Pakistan’s taxation crisis are well known by now...

    )Those at the top of the income food chain are delinquent in paying their due share of taxes, barring a handful, while the burden falls unequally on those at the bottom of the pyramid who pay via indirect taxation...

  • FBR urged to resolve double taxation issue

    KARACHI: The Karachi Tax Bar Association (KTBA) has drawn the attention of the Federal Board of Revenue (FBR) towards double taxation on some services on the bases of origin and destination, and sought to get all the provincial sales tax-collecting authorities on the same page...

    The services which are generally exposed to taxation at multiple jurisdictions are franchise, transport, commission and services provided by customs/clearing...

  • No excise, taxation DG for 12 days

    LAHORE: Important administrative and operational matters in the Punjab Excise and Taxation department have been pending after the transfer of director general (DG) Ahmad Aziz Tarar on Aug 26...

    The Punjab government surrendered the services of Tarar from Pakistan Administrative Service (PAS) to the federal government...

  • Taxation proposals: new levies and relief

    The sales tax exemption has been withdrawn on items imported by call centres, business process outsourcing facilities; mineral exploration and extraction companies or their authorized operators or contractors who hold permits, licenses, leases and who enter into agreements with the government of Pakistan or a provincial government...

  • Taxation in a growth paradigm

    ISLAMABAD: The following is the text of ‘Taxation Proposals’ presented by Finance Minister Ishaq Dar in his budget speech in the National Assembly on Friday for FY16...

    BROAD PRINCIPLES OF TAXATION PROPOSALSi...

  • FBR creates taxation officer posts in all Balochistan districts

    QUETTA: The Federal Board of Revenue (FBR) has created the post of district taxation officers in all 32 districts of Balochistan aiming to provide facilities to people of the province in connection with tax collection...

    Speaking at a ceremony held for the inauguration of a new office of the regional tax officer, Quetta, here on Saturday, FBR Chairman Dr Mohammad Irshad said that appointment of district taxation officers in all...

  • Budget 2017-18: draft taxation proposals

    Draft taxation proposals for the 2017-18 budget stipulating an increase of Rs500bn, or 15pc by jacking the IMF’s proposed total revenue target to Rs4,007bn, from the current fiscal year’s revised estimate of Rs3,500bn, have been scaled down...

    The taxation proposals follow consultation meetings with IMF officials last months in Dubai under Article-IV...

  • Tariffs, trade and taxation

    In Pakistan, the nominal exchange rate remained stable from 2001 to 2008 and export receipts doubled...

    Pakistan’s exports — one-third of India’s in 1990 — have fallen to a tenth; Bangladesh — once only one-third of Pakistan’s — now exceed by almost $10 billion...

  • Facebook traders face taxation anxieties

    Ha is one of over 13,400 Facebook account holders in Hanoi who’ve been identified by the Hanoi Taxation Department as online traders...

    “I have been selling clothes through Facebook for years, getting about 10 orders each day with maximum daily sales of around $220,” Ha told Viet Nam News, admitting that unlike other shop owners, she doesn’t have to declare her business or pay taxes...

  • Sialkot traders want Punjab CM to intervene as double taxation bites

    LAHORE: As the issue of double taxation among the federation and provinces gets worse, importers and exporters associated with Sialkot dry port and airport have approached Punjab Chief Minister Shahbaz Sharif to lodge a formal protest against the three taxes levied by the Punjab Revenue Authority (PRA)...

    Punjab’s Finance Minister Dr Ayesha Ghaus, who has received directive from the chief minister, presided over a meeting last...

  • Sindh to simplify taxation process

    KARACHI: Sindh Finance Minister Syed Murad Ali Shah urged the American Business Council (ABC) to give proposals for simplifying taxation procedures in the next provincial budget...

    Addressing the council’s CEO round-table meeting on Thursday the minister said that the government was making business-friendly policies, undertaking infrastructure development projects and taking concrete steps to improve the law and order...

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