Search For "tax exemptions"
World Bank asks Pakistan govt to make tax reforms, remove exemptions on du
Updated : 1 year, 11 months ago IST
In its report released on Pakistan, the World Bank advised the Pakistani government of the urgent need for tax system reforms and the removal of sales tax exemptions to promote economic and social improvement.
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Income tax benefits granted to 2,975 recognised startups: DPIIT
Updated : 2 years, 2 months ago IST
DPIIT Joint Secretary Sanjiv highlighted that after benefiting from income tax exemptions, the growth in startups, rose from 1,100 in March 2023 to 2,975 by the year-end.
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Idle gold for an ideal economy?
Updated : 3 years, 1 month ago IST
New Delhi [India], January 17 (ANI/Mediawire): Bestowed with individuals holding nearly 25,000 tons of yellow metal, India has a tall opportunity to spin the wheel of the economy. With individuals alone holding 25,000 tons of yellow metal worth USD 1.5 trillion, India has a tall opportunity
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Pak netizens protest tax exemptions to military officers on import of bull
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], September 24 (ANI): Pakistani netizens are protesting on social media against the Pakistan government for providing tax exemptions on the import of bullet-proof vehicles by the top brass of military officers, media reports said.
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Impasse in Pakistan over diplomats' tax exemptions, allowances
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 27 (ANI): Due to the constraints by International Monetary Fund in view of Pakistan's crippled economy, the country's government has once again failed to restore the income tax exemption and allowances for Pakistani diplomats posted abroad, media reports said.
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Pakistan potential tax gap stands at PKR 3,000 billion
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 23 (ANI): Pakistan's Federal Board of Revenue chief Asim Ahmad has said that the potential tax gap stands at PKR 3,000 billion on an annual basis mainly in the shape of tax exemptions for powerful lobbies, massive tax evasion, and the inability of the machinery to
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ECI's action against 2,100 parties 'cleanup of NPA's in political space'
Updated : 3 years, 9 months ago IST
New Delhi [India], May 26 (ANI): Action against over 2,100 registered unrecognised political parties (RUPPs) for non-compliance with statutory requirements, especially related to income tax exemptions and filing of audited reports, is a cleanup exercise of the non-performing assets (NPA) in
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Graded action to be initiated against over 2,100 unrecognised political pa
Updated : 3 years, 9 months ago IST
New Delhi [India], May 25 (ANI): The Election Commission of India (ECI) on Wednesday said it has initiated action against over 2,100 registered unrecognised political parties (RUPPs) for non-compliance with statutory requirements, especially related to income tax exemptions and filing of
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Farm distress rising in Pakistan due to tax policies to gain IMF loan
Updated : 4 years ago IST
Islamabad [Pakistan], February 17 (ANI): Farm distress is on the rise in Pakistan with various groups staging protests in multiple cities as the Imran Khan government has withdrawn all tax exemptions and imposed fresh taxes to fulfill International Monetary Fund's demand to receive the loan,
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Pakistan's draft finance bill approval a challenging task: Report
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], December 28 (ANI): Approval of the draft finance bill envisaging not only the withdrawal of sales tax exemptions amounting to 330 billion rupees and granting autonomy to the State Bank of Pakistan (SBP) from the Cabinet and then the Parliament is going to be a challengi
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AAP moves Delhi HC, challenges Commissioner of Income Tax (Exemptions) not
Updated : 4 years, 7 months ago IST
New Delhi [India], July 23 (ANI): Aam Aadmi Party (AAP) has moved the Delhi High Court challenging Commissioner of Income Tax (Exemptions) notification transferring of its case from one department to other.
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EU orders Italy to abolish corporate tax exemptions at ports to abide by s
Updated : 5 years, 3 months ago IST
Moscow [Russia], December 4 (ANI/Sputnik): The European Commission has ordered Italy to remove the corporate tax exemptions currently in force at the country's ports in order to abide by the bloc's rules on state aid, according to a press release published on Friday.
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