‘The withdrawal of zero-rating will tie up Rs424bn of working capital in the refund regime for a six-month cycle’.
Seeks reversal of an order issued by a sub-committee of the NA's Public Accounts Committee.
PM reiterates his government’s resolve to implement new tax measures announced in the budget for the present year.
‘A better way to reduce the growing housing gap is to give tax advantages and other incentives to builders.
Honda had kept its plant closed for two days earlier last week.
‘We want to become the largest exporter of Pakistan… by supplying to the Chinese market’
Lack of public investment in Balochistan means that the province lags far behind other federating units in every sphere.
Opposition members tear up copies of budget documents
Rs21.6bn set aside to provide food, transport and agri support against revised Rs53.3bn for outgoing year
The focus should be on reducing dependence on imported intermediate goods that are used in producing finished products.
Bakht says funds for south Punjab can’t be re-appropriated in other region.
New tax measures are expected to yield Rs11 billion in additional revenue in 2019-20.
Both provinces hike minimum wage, govt salaries; acknowledge austerity as need of the hour; growth to be sacrificed.
Govt proposes to do away with the non-filer regime by making failure to file tax return a punishable criminal offence.
Province’s own tax and non-tax income likely to drop by 2pc
Now is the time for the wealthier classes to take the hit of these adjustments with abolition of tax exemptions....
Both sides hold their ground, zero-rated regime to end in upcoming budget.
Withdrawal of sales tax exemptions to five industries under zero-rated export regime in next budget.
LAHORE: Severe financial crunch facing Punjab on account of a significant shortfall in its budgeted income of ...
Asad Umar had made the commitment to settle sales tax refund claims of exporters who had already been issued RPOs.