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Tag: GST

Govt hikes GST on more luxury items to woo IMF

ISLAMABAD: Prime Minister Shehbaz Sharif-led federal cabinet on Tuesday approved the imposition of 25 per cent sales tax on luxury items, fulfilling another condition...

Finance bill 2023: GST on luxury items to be raised to 25 percent

ISLAMABAD: To adhere to the conditions of the International Monetary Fund (IMF), the Federal Minister for Finance and Revenue Ishaq Dar proposed the Finance...

IMF conditions: Govt increases duty on cigarettes, GST raised to 18%

ISLAMABAD: In a late-night move, the federal government on Tuesday enhanced taxes on cigarettes with immediate effect to collect Rs115 billion out of the...

GST collection on bills: SHC seeks reply from govt, KE

KARACHI: The Sindh High Court (SHC) on Wednesday sought a response from  the federal government and KE in a case related to the collection...

Miftah Ismail admits fixed GST on traders was mistake

ISLAMABAD: Finance Minister Miftah Ismail on Friday admitted imposing fixed GST on traders via electricity bills was a 'mistake', ARY News reported. In his address...

GST collection on bills: LHC seeks reply from Wapda chairman

LAHORE: The Lahore High Court (LHC) on Wednesday sought a response from Water and Power Development Authority (WAPDA) chairman and others in a case...

Karachi school moves SHC against collection of GST

Karachi school on Monday moved the Sindh High Court (SHC) against collection of General Sales Tax (GST) on electricity bill, ARY News reported.  A private...

K-Electric has no objections to removing GST on electricity bills: spox

KARACHI: The K-Electric spokesperson clarified Sunday that the company has no objections to removing the general sales tax (GST) on the electricity bills which...

K-Electric has no benefits from GST on electricity bills: spox

KARACHI: The K-Electric spokesperson clarified on Thursday that the fixed general sales tax (GST) on the electricity bills for commercial consumers will not benefit...

Karachi: Traders protest against GST on electricity bills

KARACHI: Local traders have staged a protest in Saddar area of Karachi against the imposition of General Sales Tax (GST) on the current electricity...

GST collection on services to be given to provinces

ISLAMABAD: The federal government has decided to give a collection of General Sales Tax (GST) on restaurants/hotels and on construction services to provinces, ARY...

CNG association to mull over business prospects following new taxes

KARACHI: Following the levy of General Sales Tax on LNG, the action committee of All Pakistan CNG Association has Sunday convened a huddle to...

Parle may cut up to 10,000 jobs as slowdown bites

A sharp drop in Parle’s biscuit sales means the company may have to slash production, which may result in layoffs of 8,000-10,000 people

Rahul Gandhi calls GST imposed by Modi govt as ‘Gabbar Singh Tax’

NEW DELHI: The Modi-led government in India has imposed a Goods and Services Tax (GST) and the opposition has gone berserk over it. Congress vice...

Indian woman names her newborn baby ‘GST’ after country’s mega tax reform

In quite a surprising decision, the Indian woman named her newborn baby ‘GST’ to commemorate the mega launch of India's biggest single tax reform...

Qureshi calls on govt to end GST on agriculture

LAHORE: Pakistan Tehreek-i-Insaf (PTI) leader, Shah Mehmood Qureshi Monday demanded the government to end General Sales Tax (GST) on agriculture in order to provide relief to farmers, or else his party will oppose the budget, ARY News reported.

GST on petroleum products increased by 5pc

ISLAMABAD: Government on Saturday approved reduction in petrol prices but at the same time it raised the General Sales Tax (GST) on all petroleum products from 22 per cent to 27 per cent, ARY News reported.

5% GST imposed on petroleum products: Dar

ISLAMABAD: Minister for Finance Ishaq Dar on Thursday said that five percent additional GST had been imposed on petroleum products to reduce revenue loss of the country, which occurred due to falling prices of oil in global market.

Government increases GST on POL products to 22pc

ISLAMABAD: Government on Tuesday deprived masses from relief of Rs. 5 billion by increasing the general sales tax (GST) on all petroleum products from the existing 17 per cent to 22 per cent, ARY News reported.
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