Pakistan Publishes Finance Supplementary (Amendment) Act 2018 Including Individual Income Tax Rate Changes

Pakistan's Federal Board of Revenue has published the Finance Supplementary (Amendment) Act 2018, which was approved by the National Assembly on 4 October 2018 and subsequently assented by the president. One of the main measures of the Act is the amendment of the individual income tax brackets introduced as part of the Finance Act 2018, which includes replacing the top 15% rate with additional…
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