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  • Senate Standing Committee on Finance and Revenue

Tag: Senate Standing Committee on Finance and Revenue

Latest
  • Web Desk Karachi
  • Feb 20, 2025
Banks contribute Rs72 billion to FBR under new income tax ordinance

During the session, Finance Minister Muhammad Aurangzeb underscored the government’s commitment to increasing the taxation on bank profits to meet its financial requirements, stating, “Banks must contribute to supporting the government.”

Latest
  • Web Desk Karachi
  • Feb 11, 2025
New income tax ordinance aims to revise advance deposit ratio for banks

According to the new regulations, banks will be taxed at a rate of 44% for the 2025 tax year, followed by 43% for 2026, and 42% for 2027 and beyond.

Latest
  • Web Desk Karachi
  • Dec 24, 2024
New Tax Laws (Amendment Bill) 2024 set for Senate review

The bill is designed to enhance compliance with tax laws, ensuring that taxes are paid in line with individuals’ income and consumption levels.

Dr Shamshad Akhtar
Pakistan
  • Hum News
  • Sep 29, 2023
Pakistan seeks $11 bn aid from China and Saudi Arabia for economic stability

Dr Shamshad Akhtar underscored the need to amend laws to bring the retail, agriculture, and real estate sectors effectively into the tax net.

Latest

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  • Web Desk
  • 1 Hour ago
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  • Reuters
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  • Web Desk
  • 1 Hour ago
AJK top court suspends restoration of PTI’s registration ahead of polls
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  • Muhammad Zareef
  • 1 Hour ago
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  • 1 Hour ago
SPSC challenges Sindh High Court order halting 2024 competitive exam process
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