Daily Archives: June 4, 2017

Federal minister urges provinces to reduces sales tax on internet services

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ISLAMABAD: Minister of state for IT & Telecom Mrs Anusha Rehman has urged provincial governments to reduce sales tax on internet services so the Information Technology sector should tax maximum benefits of already announced reduction in duty and taxes by the federal government in the Budget 2017/2018.

Tax practitioners stun over amnesty to political parties, harsh measures for NPOs

KTBA

KARACHI: Tax fraternity is surprised over government policy for giving amnesty to political parties and tightening conditions for non-profit organizations.

Senate committee recommends 20pc increase in salaries, pension

budget_17_18

ISLAMABAD: The Senate’s Standing Committee on Finance and Revenue on Saturday recommended 20 per cent increase in government employees’ salaries and pensions.

Equipment import for mobile phone manufacturing granted duty exemption

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KARACHI: Federal Board of Revenue (FBR) has allowed zero-rate customs duty on import of equipment for manufacturing of mobile phones in the country.

FBR allows concessionary customs duty on import of vehicle by construction companies

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KARACHI: Federal Board of Revenue (FBR) has allowed concessionary customs duty on import of vehicles by construction companies with certain conditions.