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Sindh Sales tax on services: 15%; Punjab Sales tax on services: 16% [8] Balochistan Sales tax on services: 15%; Khyber Pakhtunkhwa (KPK) Sales tax on services: 15%; Islamabad Capital Territory (Tax on Services): 15% [9] Customs Duty: Imposed on the import and export of goods. This tax is intended to regulate trade and generate revenue from ...
Punjab has the largest economy in Pakistan, contributing most to the national GDP. The province's share was 60.58% in 2020 to national economy. [2] Sindh which is the second largest province in terms of population and GDP which has steadily continued to grow, contributes 23.7% to the national economy. [2]
The Federal Board of Revenue (FBR) (Urdu: وفاقی بورڈ محصولات), formerly known as Central Board of Revenue (CBR), is a federal law enforcement agency of Pakistan that investigates tax crimes, suspicious accumulation of wealth, money-laundering make regulation of collection of tax. FBR operates through Inspectors-IR that keep tax ...
The 2023–24 Punjab, Pakistan budget on 19 June I2023, the interim government of Punjab, led by Chief Minister Mohsin Naqvi, approved a budget of the fiscal year 2023-24 for the first four months (Since there is no elected government, the caretaker government lacks the authority to approve a full-year budget. However, after the revision and ...
According to the Functions of Municipal Corporation under Punjab Local Government Act 2013 the Mayor shall: [1]. Provide vision for long term development, leadership and direction for efficient functioning of the Metropolitan Corporation in consultation and coordination with Cantonment Board, housing authorities and federal agencies.
The 2022–23 Federal Budget of Pakistan was presented on 10 June 2022 by Finance Minister Miftah Ismail, with Rs 9.5 trillion budgeted for expenditure in financial year 2022–2023, which was nearly a trillion higher than the previous financial year.
PP-152 Lahore-XVI (2002-2018) PP-155 Lahore-XII (2018-2023) PP-161 Lahore-XVII ( پی پی-161، لاہور-17 ) is a constituency of the Provincial Assembly of Punjab .
Punjab Board of Investment & Trade (PBIT) was established in 2009 by Salmaan Taseer, the governor of Punjab.The first vice chairman and CEO was Haroon Khawaja. [1] PBIT is a government-owned company that is operated and managed by a Board of Directors (BOD) composed of members from the government and the private sector.