Mehtab Haider. January 23, 2022. Amid criticism by the opposition parties, the government approved the mini-budget to fetch Rs 350 billion through withdrawal of General Sales Tax (GST) exemptions and jacked up taxes on telecom customers.23-Jan-2022,
What is Mini Budget India?
FBR is a Federal Government body responsible for tax administration in Pakistan. It has two major wings: Inland Revenue & Customs. The Inland Revenue Service which was created in 2009 administers domestic taxation including Sales Tax, Income Tax and Federal Excise Duty.
What is taxation system in Pakistan?
Mehtab Haider. January 23, 2022. Amid criticism by the opposition parties, the government approved the mini-budget to fetch Rs 350 billion through withdrawal of General Sales Tax (GST) exemptions and jacked up taxes on telecom customers.23-Jan-2022
Who Passed Budget 2021?
The constitution empowers the Federal Government to collect taxes on income other than agricultural income, taxes on capital value, customs, excise duties and sales taxes. The Central Board of Revenue (CBR) and its subordinate departments administer the tax system.
Will car prices increase Pakistan?
Generally, a Budget is referred to as 'mini' when it is a special-occasion Budgetary proposal. A Budget is also called 'mini' when an interim Budget has already been presented by the outgoing government in an election year and the new one is presented in the same year by the new government.17-Jan-2022
What is the current budget of Pakistan?
The constitution empowers the Federal Government to collect taxes on income other than agricultural income, taxes on capital value, customs, excise duties and sales taxes. The Central Board of Revenue (CBR) and its subordinate departments administer the tax system.
What is a mini budget?
Mehtab Haider. January 23, 2022. Amid criticism by the opposition parties, the government approved the mini-budget to fetch Rs 350 billion through withdrawal of General Sales Tax (GST) exemptions and jacked up taxes on telecom customers.23-Jan-2022