Tag Archives: Net revenue loss of Rs6.8bn in mini-budget as goodies doled out to business

ISLAMABAD: The amended finance bill has reduced and abolished several taxes as the government accepted the long-standing demand of various sectors including small enterprises, low-cost housing while charges on banking transactions has been abolished for filers. The amended finance bill, presented on Wednesday, has removed the Advance Income Tax on cash withdrawal and cash-denominated instruments from banks for filers, while …

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