ISLAMABAD: The FBR has inserted Section 236Y in the Income Tax Law and imposed an advance tax on persons remitting amounts abroad through credit or debit or prepaid cards. According to the Finance Bill 2022, advance tax on persons remitting amounts abroad through credit or debit or prepaid cards will be charged.
Every banking company shall collect advance tax at the time of transfer of any sum remitted outside Pakistan on behalf of any person who has completed a credit card or debit card or prepaid card transaction with a person outside Pakistan at the rate specified in Division XXVII of Part IV of the First Schedule.
JUI-F filed a petition through advocate Kamran Murtaza
New data from 187 countries shows that the estimated number of deaths from viral hepatitis increased from 1.1 million...
APTMA also drew the attention of the finance minister toward high taxes and persistent delays in refunds have squeezed...
The guard appeared at the Westminster Magistrates Court on Wednesday afternoon with his lawyer Moeen Khan
Ogra determines the natural gas tariff for domestic sector consumers and LNG price separately for power sector
The chief minister directed prompt completion of the Lahore Ring Road SL-3 project and urged immediate action
