As FY25 nears its end, investors must navigate key tax changes in mutual funds. Equity fund STCG rises to 20%, LTCG to 12.5%.

Tax Deduction at Source on Payments to Partners. I. Executive Summary. Section 194T of the Income Tax Act, 1961, effective fr ...

In the realm of taxation, income is classified into various categories, with one of the most significant being Income from Business and Profession. This ...

If you have money in retirement accounts, you may have to start taking required minimum distributions, or RMDs, when you turn ...

National Board of Revenue chairman Abdur Rahman Khan said that the tax on taxpayers who had been enjoying the reduced rate ...

ISLAMABAD: Despite enabling legislation passed by all the four provincial assemblies on agriculture income tax (AIT), ongoing review talks with ... to explore the way forward for effective and uniform ...

The International Monetary Fund (IMF) has agreed to the government's proposal to reduce electricity prices, with a final ...

In Brief Under the direction of CPA Evolution Initiative the new Uniform CPA Examination has updated to test more rigorously ...

The House of Representatives has approved the Tax Reform Bills submitted by President Bola Tinubu following the consideration and approval of the report of the House Committee on Finance.

While making a detailed presentation on the factors that halved lint production in the current fiscal year, Pakistan Central ...

Abraham Lincoln is best known for his role as a wartime president, but his economic policies were a precursor to the New Deal ...

Another poster said: “How about households are allowed permits but you stop charging them for parking on their own streets. Stop penalising the average person.” ...