Thursday, November 21, 2019

Withholding tax

Pakistan Budget FY 2019-20: Income Tax measures

Deatails of income tax measures in the budget FY 2019-20; Relief Measures Payment of refunds through promissory notes Huge amounts claimed by taxpayers are stuck up in refunds causing a liquidity crunch for businesses. These refunds have accumulated over a long time....

Pakistan Budget FY 2019-20: Salient features of Sales Tax and Federal Excise measures

The budgetary measures pertaining to Sales Tax & Federal Excise are primarily aimed at: RELIEF MEASURES 01. Expansion in scope of exemption allowed in respect of Tribal Areas To settle the post FATA/PATA merger scenario and to extend tax exemptions SRO 1212(I)/2018...
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