News
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Direct tax ratio retained at 32 per cent
KARACHI, June 7: The next year's budget announced on Saturday, retains by and large, the same ratio of direct taxes…
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Duty on 259 items reduced
ISLAMABAD, June 7: The government has reduced customs duty on 259 items mainly raw materials and components for the engineering,…
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20pc GST levied on edible oilseeds
ISLAMABAD, June 7: The government has levied 20 per cent general sales tax (GST) on import of edible oil seeds…
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Withholding tax on two types of payments reduced
ISLAMABAD, June 7: The government has enhanced tax credits for housing and construction industry and rationalized a number of taxes…
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Concern at 16.3 percent rise in sales tax refund
ISLAMABAD (June 06 2003) : The Economic Survey (2002-2003) released here on Thursday expressed concern over 16.3 percent increase in…
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Duty and sales tax relief on machinery import to be allowed
ISLAMABAD (June 06 2003) : To meet export target assigned to industrial/manufacturing sector, the government has decided to allow exemption…
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Economic Survey being released on June 5
ISLAMABAD (June 05 2003) : Finance Minister Shaukat Aziz will release the Economic Survey 2002-03 on Thursday, with an estimated…
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SECP seeks funds for project developed to promote corporatisation
KARACHI (June 05 2003) : The Securities and Exchange Commission of Pakistan (SECP) has requested for funds for its project…
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New system in Budget 2003-04 to reduce sales tax refund period
ISLAMABAD (June 05 2003) : While making comprehensive amendments in the sales tax refund procedure, through budget 2003-04, the government…
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Insurance companies seek capital gains tax exemption
KARACHI (June 05 2003) : Insurance companies are once again looking forward to some positive announcements to flow from the…
