abolish

A case to abolish capital gains tax

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[ad_1] Listen to article BRUSSELS: Virtually all economists agree that capital formation is essential for economic growth and job creation by increasing the pool of risk capital available for new entrepreneurial startups. Capital includes machinery, equipment, plants, computers and physical tools that workers use on the job in order to enhance productivity and generate more output. Capital … Read more

Govt decides to abolish tax exemptions for SEZs, STZs

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[ad_1] ISLAMABAD: The Senate Standing Committee on Finance was informed on Thursday that the federal government has decided to abolish tax exemptions for Special Economic Zones (SEZs) and Special Technology Zones (STZs) in line with the IMF conditions. During a meeting chaired by Senator Saleem Mandviwalla on Thursday, Federal Board of Revenue (FBR) Chairman Rashid … Read more