www.globaltaxconsultants.pk | The total outlay of the budget was Rs7.022 trillion, focusing on fiscal consolidation, revenue mobilization, austerity measures and protection to the vulnerable segments of society. At the start of the proceedings, Minister of State for Revenue and Finance Hammad Azhar moved the motion to present the finance bill before the house for consideration
FBR Made bank registered contacts and LC (Letter Of Credit) Mandatory for all export consignments from 25th June 2019 || www.globaltaxconsultants.pk | All export consignments based on letters of credit (LC) or contract will now have to submit bank registered contacts and LC from today (June 25) if they want clearance. The Federal Board of
A situation of economic panic, unrest and pain is amongst the each and every segment of the society and following economic situations with regards to current scenario are unavoidable, 1. IMF program agreed, to be announced soon, and all conditions will be hard to face for the public of pakistan. 2. Dollar expected to be
As the trade bodies and associations are giving budget suggestions to the government, Federal Board of Revenue (FBR) has complained that the “FBR is already giving Rs 700 billion worth exemptions to various sectors. How and from where we can collect taxes if more exemptions are given,” said Member Tax Policy Hamid Ateeq while briefing
