Posts tagged as: income

Senate proceedings: PML-N backs agriculture income tax proposal

ISLAMABAD:  In an unexpected move, the Pakistan Muslim League-Nawaz (PML-N) on Monday became the first major political party to call for taxing the agricultural sector to help the ailing economy. Initiating a debate on the federal budget for the next fiscal year, Leader of Opposition in the Senate Senator Ishaq Dar said his party supported […]

Senate proceedings: PML-N backs agriculture income tax proposal

ISLAMABAD:  In an unexpected move, the Pakistan Muslim League-Nawaz (PML-N) on Monday became the first major political party to call for taxing the agricultural sector to help the ailing economy. Initiating a debate on the federal budget for the next fiscal year, Leader of Opposition in the Senate Senator Ishaq Dar said his party supported […]

Rs60b for Benazir Income Support Programme

ISLAMABAD:  The federal government has announced a Rs60 billion budget for its flagship programme for the support of the poverty stricken, called the Benazir Income Support Programme (BISP), which is Rs40 billion or 40% less than the requirements for the next fiscal year. An additional amount of around Rs10 billion will also be spent on […]

Rs60b for Benazir Income Support Programme

ISLAMABAD:  The federal government has announced a Rs60 billion budget for its flagship programme for the support of the poverty stricken, called the Benazir Income Support Programme (BISP), which is Rs40 billion or 40% less than the requirements for the next fiscal year. An additional amount of around Rs10 billion will also be spent on […]

Rs60b for Benazir Income Support Programme

ISLAMABAD:  The federal government has announced a Rs60 billion budget for its flagship programme for the support of the poverty stricken, called the Benazir Income Support Programme (BISP), which is Rs40 billion or 40% less than the requirements for the next fiscal year. An additional amount of around Rs10 billion will also be spent on […]

Rs60b for Benazir Income Support Programme

ISLAMABAD:  The federal government has announced a Rs60 billion budget for its flagship programme for the support of the poverty stricken, called the Benazir Income Support Programme (BISP), which is Rs40 billion or 40% less than the requirements for the next fiscal year. An additional amount of around Rs10 billion will also be spent on […]

FBR sets five income tax slabs for salaried class

ISLAMABAD: The Federal Bureau of Revenue (FBR) has proposed to bring the number of income tax slabs from 17 to 5 which would allow a relief of Rs1000 Islamabad News Sources

FBR sets five income tax slabs for salaried class

ISLAMABAD: The Federal Bureau of Revenue (FBR) has proposed to bring the number of income tax slabs from 17 to 5 which would allow a relief of Rs1000 Islamabad News Sources

Income Tax: FBR freezes PTA accounts over Rs3.6 billion in dues

ISLAMABAD: The Federal Bureau of Revenue’s (FBR) Large Taxpayers Unit (LTU) froze accounts of the Pakistan Telecom Authority (PTA) for outstanding liabilities amounting to Rs3.6billion. According to a notification issued on Tuesday, the FBR said that it has attached all bank accounts of the PTA for the amount it owed to the exchequer in income taxes. […]

FBR proposes tax exemption on Rs 400,000 income

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed income tax exemption on annual income of up to Rs 400,000. The FBR has finalised, in principle, new income tax slab chart with reduction in slabs from 17 to 5 for announcement in the budget 2012-13. New income tax slabs are expected to provide relief in […]

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