ISLAMABAD: In a significant development, the Federal Board of Revenue (FBR) has recorded a 54 per cent increase in sales tax collection from the sugar sector over the past two months, owing to the ...
February receipts were adversely affected by a temporary pause in operations at the Department of Revenue as they transitioned to a new integrated tax system. The pause, which began on Feb. 26 ...
February receipts were adversely affected by a temporary pause in operations at the Department of Revenue as they transition to a new integrated tax system. The pause, which began on February 26 ...
Tax receipts in the first two months of this year are up 12% on the same time in 2024, indicating that the economy continues to power ahead. In addition, the State's coffers benefitted from a €1 ...
Tax thresholds and allowances will be frozen again from April 6, eroding their value in real terms once again. Taxpayers buckling under today’s record-high burden should take the fight to ...
Fuel duty is levied on purchases of petrol, diesel and a variety of other fuels and currently represents around 2 per cent of all tax receipts - or £850 per household. In 2023, the Treasury ...
The commission proposed eliminating the business income and receipts tax, or BIRT, within eight to 12 years, and reducing the wage tax from 3.75% for city residents to under 3% in about a decade. It ...
Colombo, Feb 25 (Daily Mirror) - Heavy reliance on indirect taxes is continuing to push up the cost of living, despite repeated efforts by successive governments to ease the financial strain by ...
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