The Ministry of Industries has proposed the introduction of super tax in the upcoming budget for fiscal year 2025-26 to bring Pakistan's corporate tax structure on a par with regional standards.

Makhdoom Ali Khan, representing a number of taxpayers argued that the finance minister in budget speech 2015 said the Super Tax under Section 4B of the Income Tax Ordinance was one-time ...

He explained that the super tax was introduced in 2016 to support the rehabilitation of displaced persons. Yet, the funds have not been used for this purpose, despite extensions made in subsequent ...

A member of a constitutional bench (CB) of the Supreme Court on Tuesday inquired whether the federal government distributes revenue from the super tax among the provinces, and if such distribution ...

ISLAMABAD: The constitutional bench of the Supreme Court will take up petitions against Sections 4B and 4C of the Income Tax Ordinance (ITO), 2001, regarding Super Tax, tomorrow (Monday).

OTTAWA—The federal NDP would use a new wealth tax to rake in almost $100 billion over four years, a huge revenue windfall that would partly offset a spending surge of more than $227 billion to ...

Under the current plan, the tax – which is aimed at super earnings on amounts above a $3m threshold – would be set at 15 per cent. The alternative option involves a twist on the current 2.25 ...

But the concessional tax rate on super contributions and earnings would stay at 15 per cent. Super is taxed at a concessional rate in return for the compulsory nature of the scheme. To ensure that ...

Global tax plans targeting billionaires and multinational companies are running aground, with the United States torpedoing ...