"It is a matter of great joy that distinguished retired civil servants who devoted their entire life to civil service career - whether they were generals in the armed forces, chief commissioners of Income Tax, or members of the Board of Direct Taxes, retired ambassadors, expressed their d
Toll collection will shift to a "Pay as You Use" model, once Global Navigation Satellite System (GNSS) based tolling system becomes operational, where the user fee will be calculated based on the distance travelled on the highway, as tracked by the GNSS-based Electronic Toll Collection (E
The investigation began in 2020 when the Tax Authority and the police recruited an undercover agent code named "Jack Sparrow." Posing as a customs inspector, the agent was strategically placed at Ashdod Port, where he began building relationships with importers and customs officials.
Universities and research centers that have been established by a law of the Central Government; or established by a law of the State Governments; or that have obtained income tax exemption can receive research funds both from the government and from the private and they would not be subject
The GST Council that met on Monday decided to reduce the GST rate on certain cancer drugs from 12 per cent to 5 per cent, aimed at reducing the overall cost of cancer treatment.
"We have told them that they will look into this matter and come up with a report by the end of October 2024. The #GST Council which will meet in November, will finalise based on this report which will come from the GoM," she added.
The trader community in Pakistan has been struggling to stay afloat as the administration has been imposing heavy taxes on every essential commodity because of an ongoing economic crisis.
Delhi Minister Atishi on Sunday said that the central government would table a proposal to tax any online payments below Rs 2,000 done through payment gateways at 18 per cent, at the GST Council meeting scheduled for Monday.
Pakistan's government imposed a "complete ban" on specific expenditures, including the purchase of new vehicles, machinery, and state-funded medical treatment abroad, a statement by the Finance Division stated, as per Dawn's report.
Rehman was speaking at a membership campaign ceremony in Lahore on Friday, where he said that Pakistan's Prime Minister Shehbaz Sharif must not complain about the actions his party would take if the agreement does not materialise