ISLAMABAD: Federal Board of Revenue (FBR), Through Finance Bill, has increased tax rate for loss declaring companies by 25 percent.
Through Finance Bill, 2017 amendment has been introduced to Section 113 of Income Tax Ordinance, 2001. The minimum tax under this section has been increase to 1.25 percent from one percent. Tax experts said that the enhancement in minimum tax rate on turnover would have negative impact on companies genuinely facing losses.
ISLAMABAD:Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Saturday chaired a virtual meeting of the Focus Group to...
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has stated that the country’s capital market remains stable despite challenging...
ISLAMABAD: The government has announced a reduction in jet fuel and kerosene prices, in contrast to an increase in petrol...
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb reaffirmed the government’s commitment to fostering a collaborative and consultative...
