Budget 2019-20 Brings New Taxes Ranging from 5%-90% on Imported Items

The budget for the fiscal year 2019-20 has been officially approved and signed by the President of Pakistan, Dr Arif Alvi. Following the budget 2019-20, the Federal Board of Revenue (FBR) issued a notification for new taxes on 569 different luxury/imported items, which means consumers of these items will be required to pay additional regulatory … Continue reading Budget 2019-20 Brings New Taxes Ranging from 5%-90% on Imported Items