The company continues to hire junior engineers, using AI to accelerate onboarding, deepen codebase understanding, and shorten ...

KARACHI: Fleet operators, goods transporters, advertisers and yarn merchants on Monday strongly criticised the federal government’s decision to increase the withholding tax (WHT) on specified services ...

ISLAMABAD: The rates of the Capital Gains Tax (CGT) and Withholding Tax on immovable properties would be rationalized in the upcoming budget (2025-26) to facilitate buyers and sellers of real estate ...

ECONOMYNEXT –Sri Lanka’s Inland Revenue Department (IRD) has introduced a self declaration method to get exemption from Withholding Tax (WHT) deduction with effect from April 1 this year, a top ...

The Budget 2025 presented by President and Finance Minister Anura Kumara Dissanayake yesterday announced relief for senior citizens. “We propose to implement a special interest scheme for senior ...

Tax experts yesterday urged the government to provide further clarification regarding raising the Withholding Tax (WHT) from 5 percent to 10 percent. As the measure includes a provision for the Inland ...

The government is to implement a mechanism for the refund of With Holding Tax (WHT) from retirees who do not come within the income tax ambit. The move comes amid the recent government decision to ...

We are partially VAT-exempt medical services company (no VAT on sales); European parent company invoices management fees, R&D and Royalties. We have to pay tax to our HMRC on these invoices. I wonder ...

ECONOMYNEXT – The doubling of the withholding tax from 5 percent to 10 percent adds strain on low and middle-income earners reliant on interest income, Sri Lanka’s former minister of state for finance ...

The International Chamber of Commerce’s Committee for Research, Knowledge Mobilisation, and Taxation (ICC-RKMT), in collaboration with the Inland Revenue Department (IRD) and panelists from EY, KPMG, ...

The newly gazetted withholding tax (WHT) regulations have generated reactions from the business community, with some stakeholders demanding that the exemption turnover ceiling be raised to as much as ...