A final decision on the tax relief proposals will be taken closer to the budget date, with the Finance Ministry and the Prime ...

Tax and financial experts recommend raising tax breaks on health insurance premiums to Rs 50,000 for individuals and Rs ...

Amid slowing economic growth and rising global uncertainties in Asia's third-largest economy, Finance Minister Nirmala ...

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to issue a detailed income ...

The government has been emphasizing on making the country a gas-based economy while taking several initiatives to increase ...

Calculating your taxable income is a crucial part of the tax filing process-it gives you knowledge of the various exemptions ...

The signing of the Tax Amendment Act and the Tax Procedures Act by President William Ruto on December 11th last year has set ...

As is the case every year, the expectations from Budget 2025 are very high. Taxpayers are facing an inflation rate that is ...

During the fierce congressional debates that led to the passage of the 2017 Tax Cuts and Jobs Act, advocates and opponents of the proposal agreed on one thing: The once-in-a-generation bill, under the ...

The free zone regime provides companies with a 10-year holiday for corporate income tax, VAT, customs duties, excise taxes, levies, and fees on imports.

Visitors to most European countries already have to stump up extra for 'tourist taxes', but Brits will soon have to pay even ...

Specifically, for AY 2017-18, the six-year limitation period ended on 31 March 2024, rendering the notice time-barred. Consequently, the court set aside the impugned order and notice, providing relief ...