Tax news and policy tracking

7+ hour, 28+ min ago  (538+ words) Chartered accountants call for lower sales tax rates and wider incentives to boost documentation and expand the sales tax net. The Institute of Chartered Accountants of Pakistan (ICAP) has expressed concern over a decline in active sales tax registrations and…...

5+ hour, 44+ min ago  (413+ words) American households saving money for their children's educations can leverage tax-advantaged 529 accounts to make their dollars go further, as reported by Detik Finance. Parents, guardians or grandparents typically open 529 education savings accounts for minor children and allow those savings to…...

3+ hour, 12+ min ago  (50+ words) The Times Streeting and Hunt intervene on growth crisis Ex-health secretary says cut NI to boost jobs while former chancellor wants to scrap the triple lock "1 for 3 months Enjoy unlimited access to all articles. Ends soon. Enjoy unlimited digital access....

4+ hour, 6+ min ago  (59+ words) New breed of "Pigs" gives UK lesson in how to solve growth problem The Times The new "Pigs" give Britain a lesson in solving growth Poland, Ireland, Greece and Spain were all forced squealing into fiscal pain but they now…...

6+ hour, 12+ min ago  (276+ words) Pakistan-IMF talks show progress The Federal Board of Revenue (FBR) annual tax target has been reduced for the second time as important progress has been made in talks between Pakistan and the International Monetary Fund (IMF). Sources divulged on Saturday…...

7+ hour, 4+ min ago  (202+ words) The Federal Board of Revenue (FBR) has once again failed to meet its monthly tax revenue target, with the tax shortfall in the first 11 months of the current fiscal year likely to exceed Rs860 billion. According to sources, the tax collection…...

15+ hour, 53+ min ago  (301+ words) KARACHI: Pakistan's software industry has urged the government to retain the existing 0. 25 percent final tax regime for IT exporters and genuine freelancers for the next 10 years, saying policy continuity is critical to sustaining export growth and attracting foreign business ahead…...

18+ hour, 51+ min ago  (105+ words) streamlinefeed. co. ke A legal loophole in 529 college savings accounts threatens the financial future of millions. Wealth advisors warn that divorce or death can trigger chaos. New York Times columnist Ron Lieber stared at his financial documents in disbelief, realizing…...

17+ hour, 45+ min ago  (646+ words) Ventnor is sitting on $9 million dollars of resident money, yet your tax bill is about to go up says former Ventnor Mayor, Tim Kreischer. Watch video. While most residents perform daily financial gymnastics to cover rising costs of groceries, gas…...

20+ hour, 36+ min ago  (256+ words) Chartered accountants seek revision of outdated cash payment thresholds to reflect inflation and ease compliance burden on businesses. The Institute of Chartered Accountants of Pakistan (ICAP) has proposed increasing cash transaction limits for salary payments and other business expenditures through…...