Tax burden may rise on salaried class, if revenue falls short: Finance Minister
Federal Finance Minister Mohammad Aurangzeb has warned that if tax revenue does not increase in the current fiscal year, the burden on the salaried class and industries may rise. He highlighted signs of economic improvement, such as stable food prices and interest rates, though food items like pulses and chicken
FBR to raise immovable property rates by up to 75%
The Federal Board of Revenue (FBR) is set to increase property valuation rates by up to 75% today, bringing them closer to market values. Sources have revealed that the revised values are expected to be notified after receiving clearance from the Law and Justice Division. The FBR had been given
