The new Tax Laws (Amendment) Bill, 2012 has incorporated registration and investment schemes allowing individuals to pay registration tax of Rs 40,000 (first month), Rs 50,000 (second month) and Rs 70,000 (third month) for legalisation of assets and income. On 4…
Detonating POL bomb
Huzaima Bukhari & Dr. Ikramul Haq Rising need of petroleum and its heavy taxation leaves the common man stripped of his earnings, and renders the lives of the poor more miserable than before, but despite all these, brings in…