Economy Federal govt imposes up 20% tax on prize bond & lottery winners: Details inside Arshad KhanJuly 4, 2024October 2, 202502 mins For returns above Rs. 1 million, the individual or AOP investor will pay a 12.5 percent tax, while the entity… Read More
Economy Budget 2024-25: Govt to put tax on dual nationals & tech companies Arshad KhanJuly 1, 2024October 2, 202545 mins The purpose of this proposed amendment is to broaden the taxation base to include non-residents who generate money in Pakistan… Read More
Economy Budget 2024-25: Govt increases travel allowance per km for MNAs Arshad KhanJune 28, 2024October 2, 202522 mins The National Assembly passed the Finance Bill 2024 after clause-by-clause consideration, including certain amendments. ISLAMABAD – The National Assembly on… Read More
Economy Finance Bill 2024 Proposes Flat 15% Capital Gains Tax on New Property Sales Arshad KhanJune 24, 2024October 2, 202553 mins For individuals not listed on the ATL, the proposal introduces progressive tax rates on income, with a minimum tax of… Read More