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Tag Archives: budget 2020-21

No new taxation measures imposed to facilitate business community: FBR chairperson Nausheen

ISLAMABAD: The Federal Board of Revenue (FBR) chairperson Nausheen Javaid Amjad Tuesday said for the first time in history of Pakistan, the government had presented a budget without any taxation measures for 2020-21. Addressing the Institute of Chartered Accountants of Pakistan (ICAP) post-budget conference 2020, the FBR chairperson who was the guest of honour at the event, said no new ... Read More »

Budget 2020-21: Reduction of customs duty on 40 raw materials of various industries

KARACHI: Following are the salient features of custom duty and regulatory duty measures proposed by the government for FY 2020-21. Exemption of additional custom duties on those tariff lines which are now at 0% customs duty in tariff. Reduction of custom duty on 40 raw materials of various industries. Tariff rationalization under National Tariff Policy 2019, by reducing customs duty ... Read More »