The government’s recent move to increase value-added tax (VAT) on 43 goods and services has raised two key questions: will it generate enough revenue to avoid a huge budget deficit and will it further stoke an already high inflation?
Seven out of 19 customs agencies have been integrated
From dining out and travelling by air to purchasing sweets and clothing, the small comforts in life are going to turn costlier for a hike in value added tax (VAT) on 43 goods and services.
The NBR relaunched the e-filing portal on Sep 9
A four-member delegation of the IMF will sit with NBR officials tomorrow
The Central Intelligence Cell of the NBR will do the work
The tax administrator wants to check whether they have been paying their taxes properly
They placed nine-point demands
The plan will be brought to light soon
The government’s recent move to increase value-added tax (VAT) on 43 goods and services has raised two key questions: will it generate enough revenue to avoid a huge budget deficit and will it further stoke an already high inflation?
Seven out of 19 customs agencies have been integrated
From dining out and travelling by air to purchasing sweets and clothing, the small comforts in life are going to turn costlier for a hike in value added tax (VAT) on 43 goods and services.
The NBR relaunched the e-filing portal on Sep 9
A four-member delegation of the IMF will sit with NBR officials tomorrow
The Central Intelligence Cell of the NBR will do the work
The tax administrator wants to check whether they have been paying their taxes properly
They placed nine-point demands
The plan will be brought to light soon
As per the Income Tax Act 2023, the NBR has to provide a tax break on the income from physical infrastructure if it begins commercial operations within June 2024
