income tax law
MFIs, NGOs come under greater scrutiny of NBR
Micro-finance institutions (MFIs) will have to pay taxes equal to the tax rate of companies if they do not keep the income from service charges of micro-credit operations in a revolving fund, according to the changes in the income tax law passed yesterday by parliament.
FICCI expresses concerns over provisions in new income tax law
The foreign investors' concerns came as the National Board of Revenue wants to slap a 5 per cent tax on gross receipts or turnover of carbonated beverage makers from the next fiscal year from 0.6 per cent now.
MFIs, NGOs come under greater scrutiny of NBR
Micro-finance institutions (MFIs) will have to pay taxes equal to the tax rate of companies if they do not keep the income from service charges of micro-credit operations in a revolving fund, according to the changes in the income tax law passed yesterday by parliament.
FICCI expresses concerns over provisions in new income tax law
The foreign investors' concerns came as the National Board of Revenue wants to slap a 5 per cent tax on gross receipts or turnover of carbonated beverage makers from the next fiscal year from 0.6 per cent now.
