web analytics
27.2 C
Karachi
Sunday, August 10, 2025
PSL 10
PSX
Gold Rates
Currency Exchange
HomeTagsIncome Tax

All Stories: Income Tax

Oman becomes first Gulf state to impose income tax

MUSCAT: Oman has announced plans to introduce a five per cent income tax on individuals earning more than 42,000 Omani riyals (approximately Rs30.97 million)...

IMF ‘agrees’ to income tax relief for salaried class in budget 2025-26

In a major development during ongoing budget negotiations between Pakistan and the International Monetary Fund (IMF), the Fund has agreed to provide income tax...

SHC dismisses petition against income tax collection in electricity Bills

KARACHI: The Sindh High Court (SHC) Tuesday dismissed a petition challenging income tax collection in electricity bills by K-Electric (KE), ARY News reported. SHC heard...

Income Tax Rates in Pakistan 2024-25

ISLAMABAD: In the latest announced ‘tax-filled’ budget 2024-25, the federal government has doubled the income tax of the citizens earning an annual income of...

Budget 2024-25: How much income tax will be deducted from salaries?

In the budget for fiscal year 2024-25, the federal government has proposed exempting those earning up to Rs600,000 per year from paying income tax,...

FBR to charge income tax from five categories of retailers

ISLAMABAD: Federal Board of Revenue (FBR) has devised new strategy to charge income tax from five categories of retailers through the Tajir Dost Scheme...

K-Electric says filers can get rid of advance income tax

K-Electric, the city's sole power provider, has said consumers, who are income tax filers, can get rid of advance income tax on their electricity...

FBR widens probe into COAS Bajwa family tax record leak

LAHORE: The Federal Board Revenue (FBR) on Saturday included three more income tax officers in the investigation of leaked tax record details of Chief...

Govt takes U-turn over income tax exemption after IMF agreement

ISLAMABAD: The federal government has reversed its decision to exempt middle-income groups from taxation after it reached an understanding with the International Monetary Fund...

Aima Baig lands in trouble for non-payment of taxes

Singer Aima Baig landed herself in trouble over non-payment of income tax, Federal Board of Revenue has issued notice to her. As per the reports,...

How much tax did PM Imran Khan, parliamentarians pay in 2019?

ISLAMABAD: Federal Board of Revenue (FBR) has issued Parliamentarians Tax Directory (PTD) to provide tax details of the lawmakers from the provincial assemblies, National...

FBR urges joint effort with provinces to close agricultural income tax gap

ISLAMABAD: The new FBR head has proposed a close collaboration with provincial governments in order to better collect agricultural income tax in line with...

K-Electric to charge 7.5pc tax on monthly bills of non-active taxpayers  

KARACHI: K-Electric has announced to charge a Rs7.5 percent advanced income tax on monthly electricity bills of over Rs25,000 from July 01 from customers...

Saudi crown prince says kingdom has no plans to introduce income tax

The kingdom had tripled VAT to offset the impact of lower oil revenue on state finances in a move that had shocked citizens and businesses expecting more support from the government during the coronavirus pandemic

FBR says it collected Rs65b more in Jul-Nov taxes YoY

In its revenue break up, the tax body said it earned Rs577 billion on account of income-tax, while Rs743 billion under sales-tax head.

Rs45 bn losses incurred in tax collection as fuel consumption drops: FBR  

Income tax collection during March dropped from Rs 500 billion to Rs 300 billion, said the FBR spokesman.

Income, sales tax collection increased by 12 percent in August: FBR

As per the board, collection of sales tax was increased from 30.4 to 42.7 percent.

Govt likely to lower taxable income limit in budget: sources

Those earning eight to 10 Lac will pay Rs. 1667 monthly income tax, while those having income between 15-18 Lac range will pay 6771 monthly income tax.

FBR extends deadline for filing of income tax returns by April 30

Federal Board of Revenue (FBR) has extended the deadline for filing of income tax returns and statements for the tax year 2018 till April 30.

Today marks the Last day for filing annual income tax returns: FBR

ISLAMABAD: The Federal Board of Revenue’s (FBR) time limit will end today (Friday) for people to file their income tax returns and wealth statements. According...
Load more
-Advertisement-
 

Trending

BREAKING NEWS

MUST READ

ABOUT US

ARY NEWS brings you 24/7 Live Streaming, Headlines, Bulletins, Talk Shows, Infotainment, and much more. Watch minute-by-minute updates of current affairs and happenings from Pakistan and all around the world!

CORPORATE

ARY NETWORK

DOWNLOAD NOW!

© 2025 ARYNEWS.tv. All Rights Reserved.