Search results
Results From The WOW.Com Content Network
The Inland Revenue Service ( IRS) is a department of the Federal Board of Revenue (FBR) in Pakistan. It was established in 2009 and holds the responsibility for overseeing various aspects of domestic taxation, encompassing Sales Tax, Income Tax, and Federal Excise Duty. [ 1][ 2]
Federal income taxes are administered by the Federal Board of Revenue. The period from July 1 to June 30 is considered as a normal tax year for Pakistan tax law purposes. Corporate Income tax rates Currently, the Corporate Income tax rate is 29% for tax year 2019 and onwards whereas the corporate tax rate is 35% for Banking Industry for TY 2019.
As of 14 August 2024, the Government of Pakistan has implemented a reform of the visa policy announced in late July 2024. Under this new policy, business and tourist visas are issued online free of charge within 24 hours to citizens of 126 countries. Holders of these eVisas can also use eGates to enter the country at nine airports and at Gwadar ...
Last four digits of the card used. Amount charged or credited. If you have authorized users on your account, the last four digits of the card used could help you identify where or who the purchase ...
Website. www .fbr .gov .pk. The Federal Board of Revenue (FBR) ( Urdu: وفاقی بورڈ محصولات ), formerly known as Central Board of Revenue (CBR), is a federal law enforcement agency of Pakistan that investigates tax crimes, suspicious accumulation of wealth, money-laundering make regulation of collection of tax. FBR operates ...
The Benazir Income Support Programme (BISP) is a federal unconditional cash transfer poverty reduction program in Pakistan. Launched in July 2008, it was the largest single social safety net program in the country with nearly Rs. 90 billion ($900 million) distributed to 5.4 million beneficiaries in 2016. [ 3]
The term Overseas Pakistani is officially recognised by the Government of Pakistan.The term refers to Pakistani citizens who have not resided in Pakistan for a specified period (for the purpose of income tax) and people born abroad who are of Pakistani descent.
Tax on cash withdrawal is a form of advance taxation and is a strategy to keep tax evasion in check. This mode of tax collection is also called the presumptive tax regime. Globally, 3 countries are known to consider this approach namely, Pakistan, India [1] and Greece. [citation needed]