LAHORE: The sales tax department has secured penalty and default surcharge imposed against a taxpayer due to delay ...

Two US senators are calling on Treasury Secretary Scott Bessent to “exercise [the department’s] authority” and change a ...

A new GOP tax bill could let the Treasury Secretary revoke nonprofit status putting Public Service Loan Forgiveness at risk ...

Subsequently, the AO estimated the company’s income by applying a net profit rate of 20% on the declared turnover of Rs. 8,76,17,876, arriving at an estimated income of Rs. 1,75,23,575. This resulted ...

The Ways & Means bill contains numerous new tax cuts and breaks, most of which will sunset expire after 2028. These tax breaks as written would increase deficits by $660 billion; however, if they are ...

Taxpayers tend to make common mistakes, like selecting the wrong tax regime or missing out on corporate NPS benefits. DIY tax ...

His remarks came a day after the interim government issued an ordinance abolishing the NBR and creating two separate ...

A review of the proposed final 2025-26 general fund budget in the amount of $75,373,673 was presented to the DuBois Area ...

Suggestions that Republicans should allow the top federal individual tax rate to revert from 37 percent to 39.6 percent have ...

The plan of charging a 20 per cent tax on the difference between the purchase price and the sale price of real estate is ...