The Pakistani lower house of Parliament (National Assembly) Feb. 15 accepted for consideration Supplementary Finance Bill, 2023. The bill includes measures to: 1) increase the sales tax rate to 18 percent from 17 percent on general items, locally produced coal, and potassium chlorate; 2) increase the sales tax rate to 25 percent from 17 percent on mobile phones over US$500; …
Source: bloombergtax.com
Latest Posts in "Pakistan"
- Pakistan Announces New October 2025 Timetable for E-Invoicing
- Pakistan Announces Phased E-Invoice System Rollout for 2025-2026 to Boost Tax Compliance
- Pakistan Sets Deadlines for Sales Tax Registration and Electronic Invoicing Compliance
- Pakistan mandates electronic invoicing for corporate taxpayers and importers
- Supreme Court of Pakistan: Customs Disputes Involving Major Corporations and Government Agencies