ISLAMABAD: Auditor General of Pakistan (AGP) has analysed that the increase in withholding tax collection was mainly attributable to increase in tax rates for the salaried class during 2023-24.

Mauro Mascareño and Rodrigo Gómez Sánchez of Mascareño Vargas – Asesores explore Paraguay’s evolving tax landscape, from treaty expansion and digital services rules to the BEPS 2.0 measures, and ...

ISLAMABAD: The IT and IT enabled services will continue to be subject to withholding tax rate of 4 percent during 2025-26. According to an income tax circular of the Federal Board of Revenue (FBR), ...

KARACHI: Fleet operators, goods transporters, advertisers and yarn merchants on Monday strongly criticised the federal government’s decision to increase the withholding tax (WHT) on specified services ...

Tax experts yesterday urged the government to provide further clarification regarding raising the Withholding Tax (WHT) from 5 percent to 10 percent. As the measure includes a provision for the Inland ...

We are partially VAT-exempt medical services company (no VAT on sales); European parent company invoices management fees, R&D and Royalties. We have to pay tax to our HMRC on these invoices. I wonder ...

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