The salaried class pays triple the exporters’ tax in the first half of FY25 Blogging Sole

The salaried class pays triple the exporters’ tax in the first half of FY25

 Blogging Sole

People wait for their turn out at an ATM in Islamabad. – AFP / File The rates of salaried class slabs were revised upwards at the request of the IMF. FBR collects Rs 367 billion from the salaried class in the last financial year. The board faces a mammoth task of collecting Rs12.97 trillion in … Read more

Karachi once again becomes the city that pays the most taxes Blogging Sole

Karachi once again becomes the city that pays the most taxes

 Blogging Sole

View of partial traffic with the Karachi Port Trust building, in the background, in Karachi on September 2, 2023. — Reuters Direct taxes totaled Rs 4,531 billion, an increase of 38.5%. 57% increase in advance tax collection observed in FY24. WHT from dividends sees the largest increase at 69.9%. ISLAMABAD: The Large Taxpayers Office (LTO) … Read more