No Result
View All Result
Monday, June 30, 2025
MM News
اردو
  • Home
  • Latest News
  • National
  • Showbiz
    JioHotstar has released the teaser for Sarzameen, starring Prithviraj Sukumaran, Kajol, and Ibrahim Ali Khan in a powerful patriotic thriller.

    Is Ibrahim Ali Khan & Kajol’s ‘Sarzameen’ anti-Pakistan?

    Squid Game 3 released on June 27, on Netflix.

    Squid Game Season 3: Stream it or skip it?

    file photo

    Has Alizeh Shah found her ‘Mr. Perfect’? Social media posts spark speculation

    (File Photo)

    Mehwish Hayat calls marriage a gamble, slams gendered expectations in showbiz

    Vicky Kaushal

    What did Vicky Kaushal say about Katrina Kaif’s feedback on his films?

    Sardaar Ji 3

    ‘Sardaar Ji 3’ outperforms Salman Khan’s ‘Sultan’ on opening day

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
MM News
  • Home
  • Latest News
  • National
  • Showbiz
    JioHotstar has released the teaser for Sarzameen, starring Prithviraj Sukumaran, Kajol, and Ibrahim Ali Khan in a powerful patriotic thriller.

    Is Ibrahim Ali Khan & Kajol’s ‘Sarzameen’ anti-Pakistan?

    Squid Game 3 released on June 27, on Netflix.

    Squid Game Season 3: Stream it or skip it?

    file photo

    Has Alizeh Shah found her ‘Mr. Perfect’? Social media posts spark speculation

    (File Photo)

    Mehwish Hayat calls marriage a gamble, slams gendered expectations in showbiz

    Vicky Kaushal

    What did Vicky Kaushal say about Katrina Kaif’s feedback on his films?

    Sardaar Ji 3

    ‘Sardaar Ji 3’ outperforms Salman Khan’s ‘Sultan’ on opening day

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
No Result
View All Result
No Result
View All Result
MM News
اردو
  • Latest
  • Showbiz
  • Thought Box
  • Business & Stock
  • Opinions
  • Technology
  • The Other Side-Pakistan
Home Business & Stock

FBR seeks budget proposals for next fiscal year

MM News Staff by MM News Staff
January 16, 2021
The FBR had extended the deadline for filing taxes till Oct 15, Source: FILE. 

The FBR had extended the deadline for filing taxes till Oct 15, Source: FILE. 

ISLAMABAD: The Federal Board of Revenue (FBR) has invited proposals from various stakeholders on Income Tax and Customs for consideration in the upcoming budget for the fiscal year 2021-22.

“The Federal Board of Revenue is currently engaged in formulation of proposals for the Finance Bill 2021. In order to benefit from the collective wisdom of all the stakeholders for improvement of tax policy, proposals are invited for the upcoming Budget 2021-22,” said a FBR notification,

The board has sought proposals in six main areas of Income Tax including broadening of tax base for a wider participation in revenue generation efforts, taxation of real income on progressive basis and phasing out of tax concessions and exemptions, removal of tax distortions and anomalies, facilitation of taxpayers and ease of doing business, promoting equity in taxation by introducing measures where incidence of tax is higher on affluent classes.

The board has requested the stakeholders to provide the proposals by February 15, 2021. The proposals have been sought from all chambers of commerce and industry, business councils and other relevant stakeholders.

Meanwhile, the Customs Wing of the board had also invited customs-related budget proposals for the year 2021-22 which should cover three areas i.e. changes in Customs Tariff rates, Rules/Procedures and Customs Act, 1969.

The board had requested the stakeholders to properly process and evaluate each proposal according to formats available on the website of the board.

It also suggested stakeholders formulating the proposals that the provision of the existing customs tariff rates and laws should be carefully studied and consulted. It added the proposal may be supported with the statistical data wherever required so that it is not dropped on account of any such infirmity.

Tags: budgetFBRproposal
ShareTweetSendShare
Previous Post

Indus Hospital refutes corruption allegations, terms Global Fund’s report a ‘draft’

Next Post

India kicks off ‘world’s largest’ vaccination campaign

Related Stories

(File Photo)
Business & Stock

PSX crosses 125,000 points amid economic optimism

June 30, 2025
Business & Stock

Saudi Riyal to PKR rate today – June 30, 2025

June 30, 2025
Forex rates in Pakistan today
Business & Stock

Forex rates in Pakistan on Monday – June 30, 2025

June 30, 2025
Business & Stock

Pakistan secures $3.4 billion loan extension from China

June 30, 2025
file photo
Business & Stock

Pakistan set to launch train service from Lahore to Russia next month

June 29, 2025
Solar panels installed at a Peshawar park to meet lighting needs. (Image: Dawn.com)
Business & Stock

Latest prices of solar panels in Pakistan – June 2025

June 29, 2025
State Bank
Business & Stock

Pakistan sees significant rise in digital payments: State Bank

June 29, 2025
file photo
Business & Stock

Petroleum consumers to pay Rs2.50 per litre climate levy from July 1st

June 29, 2025
Representative image
Business & Stock

Latest forex rates in Pakistan today- June 29, 2025

June 29, 2025
representative image
Business & Stock

Latest gold prices in Pakistan today- June 29, 2025

June 29, 2025
Next Post

India kicks off 'world's largest' vaccination campaign

Trending Stories

(File Photo)
Business & Stock

PSX crosses 125,000 points amid economic optimism

by MM News Staff
June 30, 2025
JioHotstar has released the teaser for Sarzameen, starring Prithviraj Sukumaran, Kajol, and Ibrahim Ali Khan in a powerful patriotic thriller.
Film & TV

Is Ibrahim Ali Khan & Kajol’s ‘Sarzameen’ anti-Pakistan?

by MM News Staff
June 30, 2025
(Representational Image)
Crime

Bahawalnagar man arrested for enabling sexual assault of wife

by MM News Staff
June 30, 2025
(File Photo)
Top News

Weather forecast for Karachi today

by MM News Staff
June 30, 2025
Business & Stock

Saudi Riyal to PKR rate today – June 30, 2025

by MM News Staff
June 30, 2025

Opinion

Munir-Ahmed
Portugal and Pakistan: Building a Bilateral Bridge in a Fractured World
June 29, 2025
- Munir Ahmed
munir ahmed oped
A Peace Prize for Betrayals: Rethinking Pakistan’s Strategic Alliances
June 28, 2025
- Munir Ahmed
munir ahmed oped
“Run Lola Run” – More than a movie to cultural bridging
June 27, 2025
- Munir Ahmed
No posts found
See all

Weather Updates

(File Photo)
Top News

Weather forecast for Karachi today

by MM News Staff
June 30, 2025

The Pakistan Meteorological Department (PMD) has predicted partly cloudy and humid weather for Karachi...

Rain

Monsoon showers hit Karachi, more rain expected in coming hours

June 28, 2025
file photo

Showers continue across Karachi, bringing relief from the heat

June 27, 2025
file photo

Will Karachi receive more rain today?

June 27, 2025
See all

Prices

Prices

Rs1.15 per unit cut likely in power tariff

by MM News Staff
June 30, 2025

The federal government has submitted an application to the National Electric Power Regulatory Authority...

Solar panels installed at a Peshawar park to meet lighting needs. (Image: Dawn.com)

Latest prices of solar panels in Pakistan – June 2025

June 29, 2025
representative image

Latest gold prices in Pakistan today- June 29, 2025

June 29, 2025
representative image

Gold prices further drop in Pakistan

June 28, 2025
See all

Transport News

(APP)
Transport

Rs150 billion approved to make Rawalpindi a ‘signal-free’ city

by MM News Staff
June 29, 2025

The Punjab government has approved a record-breaking development package worth Rs.150.0 billion for Rawalpindi...

file photo

Pakistan set to launch train service from Lahore to Russia next month

June 29, 2025
Maryam Nawaz

Maryam Nawaz orders 240 electric buses for South Punjab districts

June 28, 2025

Two planes avoid major accidents following bird strikes at Karachi airport

June 27, 2025
See all

MM Digital (Pvt.) Ltd.

MM News is a subsidiary of the MM Group of Companies. It was established in 2019 with the aim of providing people of Pakistan access to unbiased information. Contact Details: 03200201537

Quick Links

  • Home
  • Advertise
  • MM News Urdu
  • The Other Side-Pakistan
  • Contact Us
  • Privacy Policy

Top Pages

  • Latest News
  • Showbiz
  • OP-ED
  • Technology
No Result
View All Result
  • Latest News
  • Showbiz
  • Thought Box
  • Business
  • Opinions
  • Technology

© Copyright 2024 MMNews - All Rights Reserved.