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Agriculture Income Tax

Agriculture income tax: Provinces not ready to authorise FBR: Dar

June 10, 2014 ZAHEER ABBASI -BR Report Provinces are not ready to authorise federal government to impose tax on agriculture income, said Finance Minister Ishaq Dar on Monday. Speaking before the Senate Standing Committee on Finance with Senator Nasreen Jalil in the chair to discuss the proposals of members for recommendations in Finance Bill 2014, Ishaq Dar said it would be a violation of Constitution to collect tax on agriculture income through Finance Bill. The Minister said that…

Reforming agriculture income tax regime can generate up to Rs 115bn

November 15, 2012 ISLAMABAD: The country could generate Rs 80 billion to Rs 115 billion by reforming agriculture income tax regime. Economists here on Wednesday presented these estimates during the second day of the 28th Annual General Meeting and Conference organised by Pakistan Institute of Development Economics (PIDE). Senior economist Anjum Nasim while delivering his research paper on ‘Agriculture Income Taxation: Estimation of Revenue Potential in Punjab’ stated that there…

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