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May 11, 2022

IMF Demands & Taxation Measures – SHC Judgment on WHT over Pension, Gratuity, Provident Fund – eStamping – KPRA – FTO – ST on CNG SRO 587

1.      ST SRO 587 of 2022 FIXATION OF VALUE FOR SUPPLY OF CNG FOR SALES TAX 
PURPOSES

2.      IMF ASKS FOR RS7.25TR TAX COLLECTION TARGET: IT WILL REQUIRE 
IMPOSITION OF ADDITIONAL TAXES, INCREASE BURDEN ON SALARIED CLASS

3.      FM, FBR DISCUSS MEASURES FOR RAISING ADDITIONAL RS1TR NEXT YEAR

4.      FBR TELLS MIFTAH: OVER RS300BN REVENUE MEASURES MAY BE REQUIRED

5.      WITHHOLDING TAX ON PROFITS OF PROVIDENT FUNDS AND PENSION AND 
GRATUITY FUNDS: SHC BARS BANKS/TAX DEPT FROM MAKING DEDUCTIONS

6.      SINDH CM OPENS E-STAMPING SYSTEM

7.      KPRA TO START REGISTRATION DRIVE IN NORTHERN AREAS

8.      FTO DISPOSED OF 2,900 COMPLAINTS AGAINST FBR IN 2021

9.      CHARGING ST: FBR HIKES VALUE OF CNG SUPPLY

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