CANBERRA: Oil and gas companies in Australia will pay more tax under changes to the petroleum resource rent tax.
The change will curb “uplift concessions”, which determine tax deductions associated with exploration and construction, but existing projects are likely to be exempted.
Australia is set to overtake Qatar as the world’s biggest LNG exporter by 2020, but is forecast to receive much less in tax revenue than the Middle Eastern country.
LAHORE: The Federal Board of Revenue (FBR) has increased penalties and introduced new enforcement measures against sales tax registered persons...
PESHAWAR: The Khyber Pakhtunkhwa Revenue Authority (KPRA) has launched its official mobile application, “KPRA Sahulat,” on the Google Play Store,...
KARACHI: Goods transporters across Pakistan have announced another 5% increase in freight charges following a sharp rise in petrol and...
KARACHI: The Karachi Tax Bar Association (KTBA) has urged the Federal Board of Revenue (FBR) to extend the income tax...
