Govt Imposes Up to 20% Tax on Prize Bond, Lottery Winners
This new tax policy aims to streamline the taxation process for prize winnings and ensure that individuals receiving such prizes contribute their fair share to the government’s revenue. The standard tax rate of 20 percent on prize bond and lottery winnings will help simplify the tax system and make it easier for individuals to understand […]
FBR issues Rs200 million tax notice to Netflix on income in Pakistan
According to local media, Netflix, an American over-the-top streaming service that charges…