NetMag Global

Punjab government to reduce tax on imported cars by 50-80%

Finally good news has been announced by the government of Punjab as according to Finance Bill which was presented on…

Another big slap by FBR, Imposed the Regulatory Duty on Conusmer Items

The Government of Pakistan through their Notification dated 16th October 2017 has imposed Regulatory Duty vide SRO 1035 (I)/2017 on…

Tax payments will be made through ATM by 31st December 2017

A fully automated and online process has been signed for the payment of FBR taxes. The State Bank of Pakistan…

FBR imposes 0.5% Tax on E-Commerce industry

The Federal Bureau of Revenue (FBR) has imposed 0.5% tax on all online companies who are earning through online trading.Now…

19.5% Internet tax! upsets consumers & businesses in Pakistan

What will you do if you are compelled to pay 19.5% extra bill, out of the tax increase in internet…

Bank Alfalah posts Rs. 8.470 Billion for the first half of 2017

Bank Alfalah posts impressive results for the first half of 2017 – with Profit before tax improving by 11.6 percent…

Jazz (Warid) commits 20 million Tax fraud

The Customs Appellate Tribunal has rejected the appeal of cellular company “Warid” which now turned out to Jazz after the famous…

FBR: Social media posts will be charged by 20% now

In an unprecedented move for increasing of revenue,  the Federal Board of Revenue (FBR) has reportedly decided to put a…

Provincial Budget 2017-18 – Overview of some sectors in Punjab

On June 2,  2017,  Punjab Finance Minister Dr. Ayesha Ghous Pasha presented fifth provincial budget Pakistan Muslim League-Nawaz (PML-N) for…

Budget 2017-18 poses a Question mark on the Digitalization of Pakistan

The Provincial Budget of Punjab to put a hefty tax on the use of internet and mobile broadband,  that’s the…

Punjab Govt is ready to put heavy tax on Internet Consumers

After the federal budget of 2017-18, the provincial budget of Punjab 2017-18 is just around the corner, and the government…

Budget 2017-18: Overview of Facts and Figures and Salient features

Ishaq Dar, Federal Finance Minister presented the 5th budget of the incumbent PML-N government with an entire outlay of Rs…
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