FBR’s Tax Terror: CFOs Live in Fear of Harassment
For days, we’ve seen FBR chairman and Finance Minister publicly stating that companies are evading...
Year: 2024
Addressing the Tax Burden Disparity: Urgent Need for Comprehensive Tax Reform in Pakistan
For the fiscal year 2024-25, the Federal Board of Revenue (FBR) of Pakistan has set...
Government Surrenders to Petrol Pump Dealers’ Strike, Abolishes Advance Tax
Through the Finance Act, 2024-25, the Government has levied advance tax on sales to dealers,...
THE DETRIMENTAL IMPACT OF RECENT TAX POLICIES ON PAKISTAN’S INDUSTRIAL SECTOR AND EXPORT COMPETITIVENESS
The recent budget approved by the Parliament appears to be the last nail in the...
FBR’s Unjust Revenue Tactics: Harassing 30,000+ Genuine Taxpayers
Reportedly, there are around 200,000 sales tax registered persons, out of which around 50,000 registered...
Health Crisis Alert: Budget Threatens to Drastically Increase Medical Treatment Costs, Threatening Lives & Patient Care
The government has withdrawn exemptions for diagnostic kits, all cardiology-related products (stents, angiography etc), and...
Upto 100% increase in Tax Rates of Salaried Class
Finance Minister, in a very surprising move has proposed to increase upto 100% tax on...
Government’s Sleight of Hand: Increased Tax Burden on Salaried Class Hidden Behind 35% Cap
Since the budget for 2024-25 was announced by a qualified person from the private sector,...
Expected Increase in Tax Rates – Impact on Salaried Class
As per the news reports, instead of broadening the tax base and collecting taxes from...
Pakistan – Heaven for Stock Market Manipulators and Graveyard for Public
1. The public in Pakistan has long been facing two types of dacoits. One type...
