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Tag Archives: tax rate

Japan’s Coalition Parties ready to reduce corporate income tax rate

TOKYO: Japan’s ruling Liberal Democratic Party and its coalition partner, Komeito, have finalized their tax reform plans, including a corporate tax rate cut, to be effective in the next fiscal year, which begins on April 1, 2015. As part of Prime Minister Shinzo Abe’s promised growth strategies, the Government took a decision earlier this year to reduce the country’s corporate ... Read More »

Holder of taxpayer card to get numerous benefits: Bajwa

MULTAN: Federal Board of Revenue (FBR) Chairman Tariq Bajwa disclosed that Nadra had designed a ‘distinction’ card for the taxpayers and holders of this card will get numerous benefits. Addressing members of Multan Chamber of Commerce and Industry (MCCI), Bajwa pointed out that holders of this card would be entitled to pay concessional tax on the purchase of cars and ... Read More »