Pakistan: Tax on export proceeds to go down to 1.25pc
The government has proposed to reduce tax collection on export proceeds (one percent withholding tax and one percent advance tax) from 2 percent to 1.25 percent in order to encourage…
Pakistan: Rs200 billion import relief for industry
• Govt plans slashing ACD on 3,149 tariff lines and capping customs duty at 20pc in budget FY27• Second phase of five-year tariff plan targets automobiles, steel, textiles and chemicals…
Government of Pakistan to review tax relief for hybrid EVs
Industry players point to proposals to increase sales tax on HEVs and PHEVs from 8.5% to 18% An expert said that hybrid vehicles would help Pakistan in reducing oil import…
Bangladesh High Commissioner, NBR delegation visit FBR to boost tax cooperation
Pakistan and Bangladesh have reaffirmed their commitment to strengthening bilateral economic ties and enhancing cooperation on international taxation. The development came during a meeting between Md. Iqbal Hussain Khan, High…