Tag: #Taxes
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CNG prices increase sharply in Sindh and Punjab
After petrol, LPG, and LNG, now the price of CNG has also been increased. The increase has been quite sharp, being Rs 15 per kg all at once. Ghiyas Paracha, president of All Pakistan CNG Association, has said that the price of CNG in Sindh has been increased by Rs 15 per kg. The association…
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FBR extends date for filing tax returns
ISLAMABAD: The Federal Board of Revenue (FBR) has extended the date for submission of income tax returns to October 15 in wake of system failures. According to sources, the FBR had received orders by the Minister of Finance Shaukat Tarin for an extension in the date of submission of tax returns, with which the FBR…
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FBR website crashes amidst throngs of tax filers
Today, September 30, is the last day for filing income tax returns, and the Federal Bureau of Revenue’s (FBR) website has gone down in several cities as tax filers overload the website. According to the FBR spokesperson, efforts are being made to get the site up and running again. It is to be noted that…
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FBR offices to remain open for longer hours to aid tax filers
ISLAMABAD: The Federal Board of Revenue (FBR) has extended working hours at all its relevant offices for collecting tax returns to facilitate income tax filers. According to details, a statement issued by the Federal Board of Revenue (FBR) has stated that all the relevant FBR offices would remain open till 12 midnight on September 29…
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Additional tax on electricity bills of those who work from home
Federal Board of Revenue (FBR) member Internal Revenue Operations Qaiser Iqbal has said that additional tax will be levied on unregistered people doing business from home. Qaiser Iqbal held a press conference with Anjuman-e-Tajiran President Kashif Chaudhry. Addressing a press conference, he said that the talks of small traders with the FBR have been successful. He…
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FBR server disruption, difficulties for online tax filers
The online Federal Board of Revenue (FBR) server disruptions have caused severe problems for online tax return filers. Despite that, the FBR has refused to extend the submission deadline. FBR officials say the portal is under pressure due to the rush of submitters due to which online tax return submitters are facing difficulties. Note that…
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Developing countries must engage with Joe Biden’s initiative to make multinationals pay more taxes
This opinion article is by José Antonio Ocampo. In most developing countries, we have learned not to have too many expectations when a new tenant is installed in the White House. However, we should applaud the good initiatives of the new administration, such as the decision earlier this month to back waivers on COVID-19 vaccine…
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LCCI calls for broadening of tax base
LAHORE, Mar 16 (APP):Lahore Chamber of Commerce and Industry (LCCI) on Tuesday urged the government to broaden the tax base by supporting and encouraging the existing taxpayers who were backbone of the economy. Talking to media here, LCCI President Mian Tariq Misbah claimed that business community was not evading taxes, adding that business community was…
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Neither new tax has been imposed nor tax has been increased, Nasir Shah
KARACHI, Feb 13 (APP): Sindh Local Government Minister Nasir Hussain Shah Saturday said that neither new tax has been imposed nor tax has been increased, however, the revenue of local bodies has increased significantly and expenditure has been decreased. Record savings have been made after the posting of administrators in local bodies. We are trying to ensure that…
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Economic woes of the country eating away like cancer
According to a Baaghi TV report, Pakistan’s economic situation has now reached such a dangerous and alarming level. Destruction is destruction if not controlled immediately. According to experts, the devastation of this economic situation is like the spread of cancer that is rapidly destroying the biological cells inside the body. High Steaks: British Cow ‘Posh…