Pakistani banks impose new tax on Netflix subscription fees
Last year, the Sindh Revenue Board (SRB) in Pakistan required banks to deduct a 13 percent provincial sales tax on advertisement services. Now, they have introduced additional taxes on Netflix. As a result, banks are charging Netflix users various taxes and fees. When paying for Netflix subscriptions with debit or
850cc cars price set to soar post-budget
WEB DESK: The Federal Board of Revenue (FBR), Pakistan’s principal tax authority, has proposed a significant increase in withholding tax for vehicles boasting an engine capacity of 850cc or higher. This move, if implemented, is poised to further burden prospective car buyers financially. Furthermore, the government is contemplating augmenting the
