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Tag Archives: tax incentives

Kenya’s energy ministry considers tax incentives on fuel-saving cars

NAIROBI: Apart from going from 0 to 99 Kph in five seconds flat, the VW Sport Coupe GTE Concept car has a navigation system that reads a driver’s emotions. This means that if you are leaving the office after a stressful day, the car, which was unveiled last month, will give you alternative routes that have less traffic, giving you ... Read More »

FBR to publish biweekly list of active taxpayers

ISLAMABAD: The Federal Board of Revenue (FBR) will publish a list of active taxpayers on a fortnightly basis to promote the culture of documentation. In the budget 2014-15, the government had introduced higher tax rates for non-filers and the FBR published a directory in April this year to reveal the names of tax defaulters. The board will publish the list ... Read More »

Tax exemptions: Govt balking at stripping VIPs of privilege

ISLAMABAD: The federal government is balking at the possibility of withdrawing income tax exemptions from VIPs holding public offices on significant portions of their salaries, undermining the principle of equity as applied on the rest of the salaried class — which is charged income tax on gross salaries. At present, income tax on salaries of the president, provincial governors, services ... Read More »