Tag Archives: no tax

No tax on annual property rent income of up to Rs0.2 m: FBR

08 August, 2019 4:06 pm 4:06 pm

ISLAMABAD (92 News) – The Federal Board of Revenue (FBR) has disclosed that it’s not imposing income tax on annual property rent income up to Rs0.2 million. An explanatory notification clarifies new taxation system for selling open plots and constructed properties under the Finance Act 2019. The FBR has exempted tax on annual property rent … Read More

Shabbar Zaidi, FBR, tax, edibles

No tax imposed on edible items, says FBR’s Shabbar Zaidi

07 July, 2019 12:56 pm 12:56 pm

ISLAMABAD (92 News) –No tax has been imposed on edible items including flour and pulses, said Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi on Friday. Speaking at a news conference in the federal capital, he said the basic food items had not been taxed in this budget, strongly rejecting the rumors being spread … Read More