NA panel dilutes tax bill 2024

NA panel dilutes tax bill 2024

The National Assembly Standing Committee on Finance on Wednesday adopted a softer version of a bill to ban purchases of cars, investment in stocks and properties beyond a certain value by ineligible persons but linked its approval by the National Assembly with budget. Headed by PPPP MNA Syed Naveed Qamar, the committee instructed that the modified version of the Tax Laws (Amendment) Bill 2024 be included in the Finance Bill 2025. The committee f…

FBR To Propose Tax Cut For Salaried Class In Next Budget - Pakistan Live News

A man walks with sacks of supplies on his shoulder to deliver to a nearby shop at a market in Karachi. — Reuters/File Govt’s proposed Tax Laws Amendment Bill deferred until budget. Legislation suggests govt to set limit on property transactions. Exempts lower, middle-income groups to protect first-time buyers. ISLAMABAD/KARACHI: Federal Board of Revenue (FBR) Chairman Rashid Mehmood Langrial has said that they will propose a cut in tax rates fo…

NA body adopts report on Tax Laws (Amendment) Bill: Restrictions on transactions of non-filers from July 1

ISLAMABAD: The National Assembly Standing Committee on Finance and Revenue, Wednesday, adopted the report on Tax...