Thursday, October 6, 2022
Tags Budget 2021-22

Tag: Budget 2021-22

FBR abolishes withholding tax on air travel, used cars, amongst other items

The Federal Board of Revenue abolished the withholding tax on bank transactions, purchase of used cars, domestic and international air travel, CNG and...

Finance bill introduces new clauses to Customs Act

ISLAMABAD: Amendments to the Customs Act have been introduced for the next financial year to act against the theft of imported goods. As part...

Anyone living in Pakistan for 183 days will be taxed

ISLAMABAD: The National Assembly (NA) has introduced new amendments in the Finance Bill 2021-22 for the next financial year.  The amendment changes the time duration...

PM Imran invites Opp for electoral reforms to strengthen democracy

ISLAMABAD: Prime Minister Imran Khan on Wednesday said that the elections reforms will make democracy in Pakistan strong as he invited the opposition parties...

Finance bill to provide tax relief of Rs80bn, allows arrests for tax evasion

ISLAMABAD: The PTI-led government defeated the opposition as the National Assembly on Tuesday passed the Finance Bill 2021-22 amid uproar by the opposition and...

How provinces are spending money on health, education, and development

As the current fiscal year almost comes to an end, the budget for FY21-22 has been unveiled in all four provinces as well as...

1000cc vehicles to get cheaper after Tarin announces tax concessions

KARACHI: Finance Minister Shaukat Tarin has extended tax exemption to up to 1000cc vehicles in Pakistan which may bring down Rs 160,000 in Suzuki...

Govt to achieve sustainable economic growth: Shaukat Tarin

Federal Minister for Finance and Revenue Shaukat Tarin on Friday wrapped up the budget debate in the National Assembly. While speaking, Tarin said that...

Finance bill contains clauses contrary to finance minister’s speeches

ISLAMABAD: Contrary to the speeches of Finance Minister Shaukat Tarin, various clauses of the finance bill propose levies and taxes that have been denied...

FPCCI demands changes in budget, calls for ending withholding taxes

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) held a post-budget press conference after the federal government presented its budget. FPCCI...

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