Tue, 21-Oct-2025

FBR starts CVT recovery from super-rich persons

FBR

KARACHI: The Federal Board of Revenue (FBR) on Wednesday started recovery of the capital value tax (CVT) from the super-rich persons having ownership of assets abroad. “In this regard the first recovery notice has been issued to a business tycoon of the country,” an officer of Inland Revenue (IR) confirmed. The instant notice has been … Read more

Sindh Govt announces to end Capital Value Tax

sindh

A sigh of relief for the residents of Sindh, the government on Monday has decided to abolish Capital Value Tax. According to the details, the Sindh government has decided to give incentives to the construction sector to boost economic activities in the province, especially in the provincial capital. The government said this incentive for the … Read more