The SHC made the Supreme Court's judgment the base for declaring the amendment to the Customs Act 1969 through the Finance Act
In a move targeted at enhancing revenue collections and enforcing compliance, the concept of withholding value added tax (WHVAT) was reintroduced via the Finance Act
The issue raised in these petitions is the vires of an amendment made by the Finance Act
, 2017 in section 18(3) of the Customs Act, 1969, in light of the seminal judgment of the Supreme Court in Mustafa Impex and others vs Government of Pakistan and others PLD 2016 SC 808 (Mustafa Impex).
Summary: New Delhi [India], Feb 1 (ANI): Amendments have been made in Prevention of Money-laundering Act, 2002 (PMLA) through Finance Act
2018, the Ministry of Finance said in a notification on Thursday.
TAP) -- The regional bureau of the Popular Front (PF) in Gafsa on Sunday organised a peaceful march in protest against the surging prices and the latest increases that affected several consumer products, demanding the cancellation of the implementation of the Finance Act
At least one person has died since Sunday, when protests against an unpopular new Finance Act
, which saw price hikes and VAT increases imposed from January 1, first broke out in the capital, Tunis, and across the country, CNN reported.
LAHORE -- The Lahore High Court has dismissed petitions challenging imposition of super tax under section 4(b) of the Income tax Ordinance 2001 inserted through Finance Act
The petitioner said the recent changes brought in the Federal Excise Act 2005 and implemented in the Finance Act
2017 resulted in reduction in prices of brands instead of making them expensive.
The central government had banned cash transactions of Rs200,000 or more from April 1, 2017, through the Finance Act
Section 10(38) of the Income-tax Act, 1961 (the Act), prior to its amendment by Finance Act
, 2017, provided that the income arising by way of a transfer of long term capital asset, being equity share in a company, shall be exempt from tax if such transfer is undertaken after 1st October, 2004 and chargeable to Securities Transaction Tax (STT) under Chapter VII of the Finance (No.
6%), while remaining below the rate of increase provided for in the Finance Act
ISLAMABAD -- The Finance Minister Wednesday directed the Federal Board of Revenue (FBR) to engage with the provinces to resolve tax issues within a week so that, if required the amendment made through Finance Act
2016 may then be reconsidered.