The World Bank has termed Pakistan’s tax system as “extremely unfair and absurd” and emphasized that property must be effectively brought into the tax net with accurate registration and taxation, as reported by national media.
According to the World Bank, the growing burden on the salaried class can only be reduced if the tax net is expanded and all income is included. The World Bank further stated that the revenue system needs reform because...
Last Updated:December 10, 2024, 18:02 ISTBefore filing for a GST refund, it's crucial to determine if you meet the eligibility criteria.Check eligibility criteria, step-by-step...
Spectators file into the Olympic Medal Plaza in downtown Salt Lake City, Utah, during the 2002 Olympics. Buildings are draped with Olympic athletic figures,...
New York Chamber of Commerce has expressed interest of investment in diverse sectors of country including textile, leather, surgical instruments and Information Technology.
...
Last Updated:December 10, 2024, 18:02 ISTThe Union Budget 2025 may feature a streamlined Income-Tax Act, reflecting the committee’s recommendations.The committee tasked with revamping India’s...