Finance Bill 2024

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Finance Bill 2024

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Pakistan

Web Desk
Sep 18, 2024

Sept 30 last date to file Income Tax returns

The Federal Board of Revenue (FBR) has set September 30 as the deadline for income tax returns for the financial year 2023-24.

Pakistan

Web Desk
Jul 06, 2024

Government abolishes advance income tax on petrol pumps

Petrol pumps were previously subject to a 12.5 per cent withholding tax on their margins. The recent decision to eliminate the advanced income tax was aimed at simplifying the tax structure for petrol pump operators.

Business

Web Desk
Jun 30, 2024

Finance Bill, Budget FY2024-25 signed by the President

A signed copy of the Finance Bill has also been sent to the Parliament. The Rs 18.877 trillion budget was presented by the federal government to the National Assembly on June 28, 2024 amid opposition’s protests.

Pakistan

Web Desk
Jun 26, 2024

Govt mulling to block bank accounts of non-filers

The non-filers would be able to continue to deposit money in banks, but cannot withdraw the amount till they become filers and their names appear on the ATL.

Business

Web Desk
Jun 15, 2024

FBR forms committees to address Finance Bill 2024 anomalies

Chairman of the Federal Board of Revenue (FBR), Malik Amjed Zubair Tiwana, has announced the formation of two anomaly committees to address and resolve business and technical discrepancies in the Finance Bill 2024.