Expertax

Expertax is a firm which deals in tax and allied services in Pakistan. NEWS:   S uper-tax to apply for tax year 2022 and onwards However, for tax year 2022 the rate of super tax under this section will be 10% instead of 4%, where the income of the persons engaged, partly or wholly, in business of airlines, automobiles, beverages, cement, chemicals, cigarette & tobacco, fertilizer, iron & steel, LNG terminal, oil marketing, oil refining, petroleum & gas exploration and production, pharmaceuticals, sugar and textiles exceeds Rs.300 million. For tax year 2023, this super tax on income of banking companies will be 10% if the income for the year exceeds Rs. 300 million. https://pkrevenue.com/super-tax-to-apply-for-tax-year-2022-and-onwards-fbr/   12-Jul-2022 ISLAMABAD: The cost of sales tax exemption is 50 percent of the total tax expenditure during 2021-22, according to the Tax Expenditure Report-2022 issued by the Federal Board of Revenue (FBR). https://www.brecorder....