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The Federal Tax Ombudsman Ordinance of 2000 [1] and the Federal Ombudsman Institutional Reforms (FOIR) Act of 2013 [2] confer powers, including administrative and financial autonomy. This aligns with the separation of Pakistan's judiciary and executive branches in accordance with the Constitution.
The tax structure is progressive, aiming to fairly distribute the tax burden across different income groups. The corporate income tax rate was 29% for tax year 2019 and onwards, whereas the corporate tax rate is 35% for the banking industry for TY 2019. Income tax on export of services in Pakistan is 1%.
The Excise, Taxation & Narcotics Control Department is a department of Government of Punjab, Pakistan. The Excise, Taxation & Narcotics Control Department collects various taxes and duties and suggests ways and means for additional resource mobilization in the Province. [1] [2] Various type of taxes department collects include: [3] Motor ...
Established as the Central Board of Revenue on 1 April 1924 through enactment of the "Central Board of Revenue Act, 1924".In 1944, the CBR was put under the Revenue Division with the Ministry of Finance until 1960, when on the recommendations of the "Administrative Reorganization Committee", the CBR was made into a division of the Ministry of Finance.
The Punjab Finance Department is a department of the Government of Punjab, Pakistan. It is responsible for supervision and control of provincial finances, preparation of provincial budget, formulation of financial rules and management of public debt. [ 1 ]
The Metropolitan Corporation (MC) (Urdu: بلدیہ عظمی) is a municipal authority established under the local governments in Pakistan.According to Local Governments Act of Punjab, Sindh, Khyber-Pakhtunkhwa, Balochistan, Gilgit-Baltistan, and Azad Jammu and Kashmir, the Metropolitan Corporation is a corporate entity with perpetual succession, a seal, and the authority to purchase, keep ...
Jagga Gujjar (1940 - 3 July 1968) was a bandit in Lahore, Pakistan during the 1950s and 1960s. He was very famous for the tax he imposed on the well to do called 'Jagga Tax'. A chunk of the money so extracted, was spent on the welfare of the poor, by him. He was a resident of Lahore's area Islamia Park, near Chauburji. [1]
Regional Tax Office is a field formation of the Federal Board of Revenue (FBR). It is situated at Regional Tax Office, Jail Road, Faisalabad and can be found at Google Maps Regional Tax Office. This office is responsible for monitoring and collection of federal taxes imposed by the Government of Pakistan. This office has jurisdiction to send ...