What's new

2021-2022 Budget

Paul2

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Nov 24, 2018
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Hello my dear friends.

Is there is anything interesting about the new budget?
 

AZADPAKISTAN2009

ELITE MEMBER
Sep 8, 2009
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Pakistan
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China
Appears the approach is to trust the citizens give them small break during pandemic and re-vitalize economy

Translation:

a) Withholding Tax Removed
b) No Withholding Tax on Stock Exchange Buy/Selling
c) No Additional Tax on Usage of Debit Card , use as much as you want (Attempt to spread Digital Economy )
d) Federal Taxes on Telecom , Services Given a Break
e)No Taxes on Credit card , or Air Travel Taxes
f) No Taxes on Cooking Oil or Desi Ghee
g) No Taxes in Fruit Juice
h) No Taxes on Oxygen Cylinders or on Medical Syringes
i) Capital Tax Gain , reduced from 15% to 12% (Stock Exchange Profit Applicable)
j) Reduction on Taxes on Mobile phone bills
k) No Tax to import high quality paper for usage in Quranic Books
 
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