Proposed Changes in Income Tax Ordinance, 2001 through Finance Act 2016-17
The proposed changes can be accessed here: http://akhtarali.com/wp-content/uploads/2016/06/Shahid-Bashir-Sb-Budget-2016-17.docx
The proposed changes can be accessed here: http://akhtarali.com/wp-content/uploads/2016/06/Shahid-Bashir-Sb-Budget-2016-17.docx
The proposed changes can be accessed here: http://akhtarali.com/wp-content/uploads/2016/06/Changes-in-the-Customs-Act-1969.docx
The proposed changes can be accessed here: http://akhtarali.com/wp-content/uploads/2016/06/Changes-in-the-Sales-Tax-Act-1990.docx
The proposed changes can be accessed here: http://akhtarali.com/wp-content/uploads/2016/06/Changes-in-the-ICT-Tax-on-Services-Ordinance-2001.docx
The proposed changes can be accessed here: http://akhtarali.com/wp-content/uploads/2016/06/Changes-in-the-Federal-Excise-Act-2005.docx
Vide SRO NO. SO(TAX)1-1/2015-16 (Vol. II) dated 17.03.2016 Provincial Government has notified that the services provided by Cable TV Operators falling under heading 9819.9000 will be chargeable to 2% reduced rate of sales tax. This scheme is optional for the service providers subject to certain conditions which interalia includes (i) intimation to Commissioner (HQ) within…
Vide SRO NO. SO(TAX)1-1/2015-16 (Vol. II) dated 11.01.2016 Provincial Government has notified that the following services provided by stand alone service providers of the specified services will be chargeable to reduced rate of sales tax. This scheme is optional for the specified service providers subject to certain conditions which interalia includes (i) intimation to Commissioner…
Vide SRO NO. SO(TAX)1-1/2015-16 (Vol. II) dated 11.01.2016 Provincial Government has notified that the following services will be chargeable to reduced rate of sales tax as specified against each. Simultaneously, input tax adjustment on these services has been disallowed. This notification has been initially issued for the tax year 2015-2016. Sr. No. Description of service…
Federal Government has levied 30% regulatory duty on import of maize through SRO 1248(I)/2015 dated 17.12.2015. Previously only imports from India were subject to regulatory duty @25% on such imports A copy of the Notification can be accessed here: http://akhtarali.com/federal-board-of-revenue/
Federal Government has made amendment in SRO 482(I)/2009 dated 13.06.2009 vide SRO 1247(I)/2015 dated 17.12.2015. Through this amendment, regulatory duty @25% on import of maize from India has been withdrawn. Simultaneously, regulatory duty @30% on import of maize has been imposed across the board. A copy of the Notification can be accessed here: http://akhtarali.com/federal-board-of-revenue/