Income Tax dept to launch e-campaign for Advance Tax for FY 2023-24

Mar 10, 2024

The Income Tax Department will launch an e-campaign for the Advance Tax e-campaign for FY 2023-24. Through the e-campaign, persons/entities carrying out significant financial...

Traders in Pakistan refuse to pay 'advance tax'

Sep 13, 2024

The trader community in Pakistan voiced strong opposition towards the Federal Board of Revenue (FBR) team visiting a Lahore market to collect advance tax...

Pakistan: FBR imposes PKR 60,000 monthly advance Tax on Karachi traders

Aug 18, 2024

The Federal Board of Revenue (FBR) has issued a notification to traders in Karachi, demanding them to pay an advance tax of Pakistani currency...

Income Tax dept operationalizes Board for Advance Rulings in Delhi, Mumbai

Aug 19, 2023

Earlier in September 2021, the Central Board of Direct Taxes (CBDT) constituted three Boards for Advance Rulings.

Centre to release Rs 47,541 crore to states as advance instalment of tax

Jan 20, 2022

New Delhi [India], January 20 : Union Finance Minister Nirmala Sitharaman has authorised the release of an advance instalment of tax devolution to State...

Commuters frazzled as Pakistan's petrol pumps run dry

Jul 06, 2024

The petroleum dealers were protesting against the government's decision to impose a 0.5 per cent advance turnover tax which, they say, would result in...