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Pakistan Income Tax Proposals for Budget 2022-23

|Proposed Changes|Pakistan
Pakistan

Pakistan's Federal Board of Revenue has published a notice on income tax proposals for Budget 2022-23. This includes that the FBR is seeking input on proposals for the Finance Bill 2022 in the following policy areas (non-exhaustive):

  • Broadening of the tax base for wider participation in revenue generation efforts;
  • Taxation of real Income on a progressive basis;
  • Phasing out tax concessions an…

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