Search results
Results from the WOW.Com Content Network
Below is a summary of the applicable sales tax rates in Pakistan: Sales tax on goods: 18%. Sindh Sales tax on services: 19.5%. Punjab Sales tax on services: 16%. Balouchistan Sales tax on services: 15%. Khyber Pakhtunkhwa (KPK) Sales tax on services: 19.5%. Islamabad Capital Territory (Tax on Services): 16%.
Map of the world showing national-level sales tax / VAT rates as of October 2019. Additional local taxes may apply. [citation needed]A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit.
The tax percentage for each country listed in the source has been added to the chart. Tax revenue as percentage of GDP in the European Union. Relation between the tax revenue to GDP ratio and the real GDP growth rate (average rate in years 2013–2018, according to List of countries by real GDP growth rate, data mainly from the World Bank ...
The economy of Pakistan is categorized as a developing economy. It ranks as the 24th-largest based on GDP using purchasing power parity (PPP) and the 46th largest in terms of nominal GDP. With a population of 241.5 million people as of 2023, Pakistan's position at per capita income ranks 161st by GDP (nominal) and 138th by GDP (PPP) according ...
Pakistan, in 2022, had a (GDP nominal) of around US$377 billion and (GDP PPP) of around US$1.512 trillion, according to trading economics. [1] This value can be further divided into the unit levels (GSP), providing an outlook of how much value each unit contributes to the national GDP. Pakistan has traditionally followed a "top-down" approach ...
The incumbent government of Pakistan under Prime Minister Imran Khan has presented its third budget for the Fiscal Year 2021-22. This budget has a value of Rs8.49 trillion, an increase of Rs700 billion over the last budget, and a GDP growth rate target of 4.8 percent. The 2021-22 budget is important as the country has presented positive ...
The global minimum corporate tax rate, or simply the global minimum tax (abbreviated GMCT or GMCTR), is a minimum rate of tax on corporate income internationally agreed upon and accepted by individual jurisdictions in the OECD/G20 Inclusive Framework. Each country would be eligible for a share of revenue generated by the tax.
The Federal Board of Revenue (FBR) ( Urdu: وفاقی بورڈ محصولات ), formerly known as Central Board of Revenue (CBR), is a federal law enforcement agency of Pakistan that investigates tax crimes, suspicious accumulation of wealth, money-laundering make regulation of collection of tax. FBR operates through Inspectors-IR that keep ...