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Pakistan Publishes Explanation of Measures in Finance Supplementary (Amendment) Act 2018

|Approved Changes|Pakistan
Pakistan

On 24 October 2018, Pakistan's Federal Board of Revenue published Circular No. 06 of 2018, which explains important amendments in the Income Tax Ordinance 2001 by the Finance Supplementary (Amendment) Act, 2018. One of the key measures is the amendment of the tax rates for individuals provided for under the Finance Act, 2018, including different brackets/rates for taxpayers whose salary income…

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