IMF allows tax reduction on property purchases

IMF allows tax reduction

IMF allows tax reduction: The International Monetary Fund (IMF) has allowed a two percent reduction in property tax. People associated with the property sector say that this move will boost business activities. IMF allows tax reduction, According to private TV Sama News, the IMF has agreed to provide a partial concession to reduce the withholding … Read more

FBR fulfills another IMF condition

FBR fulfills

FBR fulfills: Another IMF requirement to document industrial business has been met by FBR. Private television station Sama News reports that the decision has been made to keep an eye on Pakistan’s manufacturing sector’s output. For video surveillance, software known as Digital Eye will be installed. The Sales Tax Rules 2006 have been amended by … Read more

What will be the income tax rate on agricultural income? Pakistan informs IMF

Pakistan informs IMF: Pakistan has provided the International Monetary Fund (IMF) with information regarding the agricultural sector’s income tax rate. Pakistan informs IMF, Policy talks between Pakistan and the IMF are reportedly in progress, according to private TV Geo News. Pakistan has informed the IMF about the legislation to impose taxes on the IMF’s condition, … Read more