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Pakistan Budget 2021-2022 Presented to Parliament

|Proposed Changes|Pakistan
Pakistan

On 11 June 2021, Pakistan's Federal Budget 2021-2022 was presented to parliament. Some of the main proposed measures are summarized as follows.

Income Tax Measures

Proposed income tax measures include:

  • The reduction of withholding and tax collection (advance tax) requirements with the removal of 12 withholding and tax collection provisions regarding:
    • banking transactions;
    • Pakistan stock e…

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