The Federal Board of Revenue (FBR) is considering collecting lifetime income tax from the owners of cars with engine capacities ranging up to 1,000 cc. Lifetime token tax is already collected by the provinces on small cars however now FBR is seeking to recover lifetime income tax from the lower middle class citizens.

The post FBR to Recover Lifetime Tax from Small Cars Owners first appeared on CarSpiritPK and is written by UsmanAnsari.

The government in its recent financial amendments, have allowed non-filers of tax returns to buy new cars. Earlier in the …

The post Advance Income Tax Increased for Non-Filers first appeared on CarSpiritPK and is written by UsmanAnsari.