Tag Archives: tax

Adviser on finance urges FBR to strive for broadening tax base

01 January, 2020 4:30 pm 4:30 pm

ISLAMABAD (92 News) – Adviser to Prime Minister on Finance Abdul Hafeez Shaikh has directed Federal Board of Revenue (FBR) to aggressively follow up its agreement with traders to expand the tax base. During a visit to FBR House in Islamabad, the advisor asked for timely and full payment of tax refunds. He emphasized to … Read More

non-UK residents Conservatives PM UK PM Boris Johnson Brexit property purchase tax non-Uk resident

PM Johnson’s Conservatives to raise property purchase tax for non-UK ...

11 November, 2019 9:55 am 9:55 am

LONDON (Reuters) – Foreign buyers of English properties will have to pay a levy of 3% of the purchase value under plans put forward by Prime Minister Boris Johnson’s Conservatives on Friday, aimed at deterring wealthy investors from driving up house prices. The plans form part of the Conservative Party’s campaign to win a December … Read More

Johnson, drops, corporate, tax, plan, voters

Johnson drops corporate tax cut plan in bid to woo voters

11 November, 2019 11:49 pm 11:49 pm

LONDON (Reuters) – British Prime Minister Boris Johnson said on Monday he was putting on hold further cuts in corporation tax and told voters he would use the money for spending on health and other priorities. His comments addressed a central issue in a Dec. 12 election as Johnson has been under pressure to show … Read More

NAB, inquiry, PPP MNA, Muhammad Bakhsh Mehar, corruption, misuse of power

NAB won’t interfere in matters of tax, bank default from today: Justice (...

10 October, 2019 12:20 pm 12:20 pm

ISLAMABAD (92 News) – National Accountability Bureau (NAB) Chairman Justice (retd) Javed Iqbal has announced that the bureau will not interfere in the matters of tax and bank default from today. Addressing a press conference on Sunday, he said that all cases pertaining to tax and bank default would be handed over to the Federal … Read More

Govt revises CNIC condition for traders to pay tax

10 October, 2019 10:11 pm 10:11 pm

ISLAMABAD (92 News) – After meetings of traders with Prime Minister Imran Khan and Chief of Army Staff General Qamar Javed Bajwa, the government has revised the condition of computerized national identity card (CNIC) for traders to pay tax. According to a notification issued by the Federal Board of Revenue (FBR), the provision of a … Read More

supplementary Firdous Ashiq Awan special assistant tax returns tax FBR Pm imran Khan supplementary grant approved

No supplementary grant approved during two months: Firdous

09 September, 2019 2:53 pm 2:53 pm

ISLAMABAD (92 News) – Special Assistant to Prime Minister on Information and Broadcasting Firdous Ashiq Awan said that no supplementary grant was approved during the two months. In a series of tweets on Monday, the government has reduced its expenditures. “No supplementary grant was approved during the two months, and the government saved 246 billion … Read More

ECC, approves, amendments, exemptions, tax, Gwadar Free Zone

ECC approves amendments, exemptions in tax for Gwadar Free Zone

08 August, 2019 10:11 pm 10:11 pm

ISLAMABAD (92 News) – The Economic Coordination Committee (ECC), on a summary submitted by the Ministry of Maritime Affairs, approved a proposal regarding necessary amendments and exemptions in Income Tax Ordinance, Sales Tax Act and Custom Act for the Gwadar Port and Gwadar Free Zone. The decisions were taken at a meeting of the ECC … Read More

tax UC probe plan French plan tax tech

US to probe French plan to tax tech companies

07 July, 2019 11:34 am 11:34 am

WASHINGTON (Reuters) – US President Donald Trump on Wednesday ordered an investigation into France’s planned tax on technology companies, a probe that could lead to the United States imposing new tariffs or other trade restrictions. “The United States is very concerned that the digital services tax which is expected to pass the French Senate tomorrow … Read More

Shabbar Zaidi, Faisalabad, tax

FBR chief claims no new tax in budget, gives challenge to identify if any

07 July, 2019 3:18 pm 3:18 pm

FAISALABAD (92 News) –Federal Board of Revenue (FBR) chairman Syed Shabbar Zaidi Monday said that no new tax had been imposed in the federal budget 2019. He gave a challenge to anyone to identify if there was any new tax in the budget. Sales tax registration for traders and others had been automated, Zaidi informed … Read More

Faisal Vawda Water minitser dual citizenship Election commission of Pakistan ECPTax, declaration, scheme, extended, four, days, Faisal, Vawda

Tax declaration scheme being extended by four days, says Faisal Vawda

06 June, 2019 5:40 pm 5:40 pm

ISLAMABAD (92 News) – Federal Minister for Water Resources Faisal Vawda has said that the tax declaration scheme is being extended by four days. The tax declaration scheme is being extended by four/4 days and the clause of depositing the declared money in the bank accounts is no longer the part of this scheme. You … Read More

tax johnson hefty price think tank

Tax cuts planned by Johnson carry hefty price tag: think tank

06 June, 2019 9:15 am 9:15 am

LONDON (Reuters) – Tax cuts planned by Boris Johnson, the leading candidate to become Britain’s next prime minister, could cost as much as 20 billion pounds a year, according to calculations from the Institute for Fiscal Studies think tank. Johnson, who is vying for the votes of Conservative Party members in a run-off against foreign … Read More

Ex-IGP Punjab, Mushtaq, Sukhera, removed, federal, tax, ombudsman

Ex-IGP Punjab Mushtaq Sukhera removed as federal tax ombudsman

06 June, 2019 9:44 pm 9:44 pm

ISLAMABAD (92 News) – The federal government has removed former IGP Punjab Muhstaq Sukhera as federal tax ombudsman. He has been removed as four inquiries, including police uniform and out of merit promotion, are underway against him. The notification of Sukhera’s removal was issued by the Minister for Law and Justice after approval from President … Read More


French yellow vest protesters clash with police but numbers wane

05 May, 2019 8:42 am 8:42 am

PARIS (Reuters) – Yellow vest protesters clashed with riot police in Paris and the northern city of Amiens as the French anti-government movement waned on its 28th straight weekend. Police in Amiens, hometown of President Emmanuel Macron, fired teargas at about 1,200 demonstrators after a group pelted stones at police, attacked local bank branches and … Read More

Tax, amnesty, scheme, availed, June 30, Hafeez, Shaikh

Tax amnesty scheme can be availed till June 30: Hafeez Shaikh

05 May, 2019 8:15 pm 8:15 pm

ISLAMABAD (92 News) – Adviser to Prime Minister on Finance Dr Abdul Hafeez Shaikh has said that the tax amnesty scheme can be availed till June 30. Addressing a press conference on Tuesday, he said that local and foreign hidden assets can be disclosed after paying four percent interest. “An interest of six percent will … Read More

tax IMF International monetary fund agriculture electricity gas petroleum conditions strict conditions

IMF emphasizes to impose tax on agriculture

05 May, 2019 12:06 pm 12:06 pm

ISLAMABAD (92 News) – The International Monetary Fund (IMF) has demanded the more strict conditions for the bailout package as the IMF emphasized to impose tax on agriculture. According to the sources, the IMF also did not accept the finance team of Pakistan and expressed Adviser to Prime Minister Shaikh Abdul Hafeez negative views about … Read More