F.P. Report
ISLAMABAD: The federal government has started preparations for budget 2020-21 as tax reliefs have been finalized to boost the national progress, on Monday.
Sources privy to the Ministry of Finance have informed that the government is considering to bring down sales tax rate by 12 percent – from 17 percent to 5. Relief will be provided to the construction sector and other industries associated with it.
The Ministry of Industries and Production and the Ministry of Commerce have recommended to reduce sales tax for restoration of business. Various other recommendations are under consideration to cut inflation which will be beneficial for tax collection.
The Ministry of Finance is actively working to provide relaxation to people in the budget as well as preparing various plans for business restoration.
Jalil Afridi Washington DC: The Deputy Spokesperson of Pentagon, Sabrina Singh said that “I do…
THE HAGUE: South Africa has urged the top UN court to order a halt to…
WASHINGTON (AFP): US President Joe Biden is trying to shore up his support among vital…
OTTAWA (Reuters) : Canada on Thursday imposed sanctions on four Israeli individuals accused of violence…
MADINAH AL-MUNAWWARAH (INP): Minister for Religious Affairs and Interfaith Harmony Chaudhry Salik Hussain on Thursday…
F.P. Report LAHORE: Chairman Joint Chiefs of Staff Committee General Sahir Shamshad Mirza, addressed the…
This website uses cookies.