BEIJING: China will further reduce taxes to support small firms and high-tech companies, state radio quoted the cabinet as saying on Wednesday, with seven measures expected to result in cuts of more than 60 billion yuan ($9.5 billion).
The measures included a rise in the threshold on taxable income for small firms to 1 million yuan from 500,000 yuan and preferential tax deductions for firms’ purchases of equipment for research and development.
KARACHI: Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has formally urged the...
ISLAMABAD: McDonald’s Pakistan has marked 28 years of operations in the country by recognizing the local businesses and organizations that...
ISLAMABAD: The Federal Board of Revenue (FBR) is likely to extend the deadline for filing income tax returns for Tax...
GADANI: Customs Enforcement in Gadani has seized smuggled goods worth over Rs154 mn, including the value of the vehicles used...
