Ghori Associates

[...] Misuse of VAS: FBR Indecisive About Taking 11 Officials to Task The Federal Board of Revenue (FBR) appears indecisive about taking action against 11 customs officers, who are [...]

[...] Bills Exceeding Rs 0.6 Million: Taxmen Told To Compile List Of Retailers   July 11, 2014 The Federal Board of Revenue (FBR) has directed its field formation to compile a list of retailers having [...]

[...] Retailers’ registration with ST department: RTOs to carry out market surveys The Federal Board of Revenue (FBR) has empowered the Regional Tax Offices (RTOs) to carry out market surveys and [...]

[...] Where further tax is included: taxmen told not to entertain output tax claims The Federal Board of Revenue (FBR) has directed its field formation not to entertain taxpayers’ output tax [...]

[...] Finance Bill 2014: Dar Reviews Amendments June 21, 2014 Finance Minister Ishaq Dar Friday chaired a meeting [...]

[...] Finance Bill Amended: Restriction on ST Input Tax Adjustment Removed June 19, 2014   The Federal Board of [...]

[...] Finance Bill 2014 w.e.f July 01, 2014 All Documentation Measures Go into Effect from Today  July 01, 2014 [...]

[...] years, with effect from February, 2007. Sources told Business Recorder here on Friday that Finance Bill (2014-15) has proposed amendment in the Income Tax… [...]

[...] Imposition of Income Tax on All Taxable Incomes RECORDER REPORT ISLAMABAD: Senate has recommended to the National [...]

[...] Uploaded Soon! INCOME TAX   [...]

[...] has estimated major reduction in the number of companies persistently declaring losses to evade income tax after the introduction of 17 percent Alternative Corporate Tax (ACT) under Finance Act, 2014. [...]

[...] ) tax return forms have been issued well before time and information relating to agricultural income tax has been sought from the taxpayers. The FBR has issued draft of the income tax… [...]

[...] Income Tax Returns: FBR Asked To Provide Electronic Access to Filers/Non-Filers   Excise and Taxation [...]

[...] measure of charging enhanced rates of withholding tax from non-filers of income tax returns practically impossible in the existing banking system. According to the comments of [...]

[...] July 1, 2014 that encompasses imposition of enhanced rates of advance tax for non-filers of income tax returns; withholding tax on immovable… [...]

[...] Increased Revenue Collection: GIDC, GDS Put Under ‘Other Tax Revenue’ Head June 20, 2014 ZAHEER ABBASI Finance Ministry put Gas Infrastructure Development Cess ( [...]

[...] than envisaged in revenue subsequent to a shortfall of Rs 63.5 billion (1/4 percent of GDP) in tax revenue and Rs 38.1 billion (about 0.15 percent of GDP) non-tax revenue. This was disclosed… [...]

[...] than envisaged in revenue subsequent to a shortfall of Rs 63.5 billion (1/4 percent of GDP) in tax revenue and Rs 38.1 billion (about 0.15 percent of GDP) non-tax revenue. This was disclosed by… [...]

[...] 5 percent sales tax on many items introduced through amendments to the Schedules of the Sales Tax Act 1990 and the Customs… [...]

[...] of paints and chemicals revealed non-payment of “further tax” and “extra tax” under Sales Tax Act 1990, causing a massive revenue loss to the national kitty. Sources told Business Recorder  [...]

[...] unless the tax liability of the taxpayer is determined in accordance with section 11 of the Sales Tax Act, 1990. In a latest judgement, the… [...]

[...] 80 points to close at 29,651.04 points down from 29,731 points Friday. Samar Iqbal, AVP at Topline Securities, said the… [...]

[...] benchmark KSE-100 index gained 309 points to close at 29,652.53 points. Samar Iqbal, AVP at Topline Securities said that renewed interest in large caps helped the index gain on… [...]

[...] -100 index gained 21 points or 0.07 percent to close at 29,698 points. Samar Iqbal, AVP at Topline Securities, said that a rangebound session was witnessed with activity remaining dull. Investors [...]