Pakistan provides ample examples of paradoxes, one being the near bankruptcy of the public exchequer and the continuing rise in accumulation of wealth by the business class.
There is thankfully an explanation for this inconsistency. Private businesses have been able to accumulate…http://alternativeenergy.com.pk/pakistan-news/pakistans-kryptonite-rising-power-of-business-in-pakistan/ general sales tax (GST), power of business in Pakistan
Posts tagged ‘general sales tax (GST)’
Petroleum Ministry approved an increase of Rs 0.77 to Rs 1.35 per litre in prices of petroleum products and Rs 0.40 to Rs 0. 47 per kg in price of Compressed Natural Gas (CNG) following increase in the General Sales Tax (GST). The new prices would be effective with immediate effect. The price of…http://alternativeenergy.com.pk/national-news/pol-price-hike-cjp-takes-suo-motu-notice-pol-prices-raised-by-upto-rs-1-35-per-litre/ about hike in oil prices, Attorney General for Pakistan, Chief Justice of Pakistan, compressed natural gas (CNG), general sales tax (GST), High Octane Blending Component (HOBC), High Speed Diesel HSD, Justice Iftikhar Muhammad Chaudhry, media reports
Karachi’s businessmen oppose taxes levied by interim setup leadership of Karachi Chamber of Commerce and Industry (KCCI)
KARACHI: The leadership of Karachi Chamber of Commerce and Industry (KCCI) on Friday said that the proposed increase in taxes is tantamount to punishing taxpayers, as this is an easy measure for the government to take instead of bringing untaxed people in the tax net.
Speaking at a press…http://alternativeenergy.com.pk/pakistan-news/karachis-businessmen-oppose-taxes-levied-by-interim-setup-leadership-of-karachi-chamber-of-commerce-and-industry-kcci/ business community, Federal Bureau of Revenue (FBR), general sales tax (GST), Karachi Chamber of Commerce and Industry, Karachi’s businessmen, KCCI, oppose taxes levied, withholding tax (WHT)