Daily Archives: September 4, 2017

Persons organizing function, gathering required to pay 5pc advance tax

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KARACHI: Every person organizing a function of marriage or social gathering in a hall or a lawn shall pay five percent advance tax of the total paid amount.

Budget deficit at 5.8pc in 2016/2017: finance ministry

ISLAMABAD: Pakistan’s fiscal deficit for the fiscal year 2016/2017 was at 5.8 percent against the target of 3.8 percent set for the year.