featured-image

The government has decided to abolish non-filers from the tax laws and gradually ban their 15 types of activities, as it has won rare support from Pakistan's top industrialists for getting more revenues from existing filers and punishing non-compliant citizens— Government to go all-out against non-filers , The Express Tribune , September 25, 2024 The government is set to introduce a raft of measures to address the concerns of individuals not required to file tax returns, such as housewives, people with an annual income below Rs600,000, and overseas Pakistanis...

Under the proposed system, a new definition of family will be introduced into income tax law. A wife, a son under the age of 25, and an unmarried daughter will be allowed to benefit from the filing status of a husband or father— A new category for families to reduce the tax filing burden , The Dawn, September 26, 2024 The newspapers, as well as electronic and social media, for the last few days, have been debating the (purported) decision of the incumbent government to finally end the undesirable category of “non-filers” from the Income Tax, Ordinance, 2001 . It needs to be recalled that it was introduced through the Finance Act, 2014 , prepared under the command of the self-acclaimed economic wizard (sic) of Pakistan Muslim League (Nawaz), Muhammad Ishaq Dar , presently 4th Deputy Prime Minister and 39th Foreign Minister of Islamic Republic of Pakistan.



He is also the Leader of the House in the Senate of Pakis.

Back to Luxury Page