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New scheme proposed for alternative corporate tax of 17 percent

KARACHI: The Finance Bill 2014 has proposed to insert a new taxation scheme of a higher corporate tax by company in order to charge 17 percent from accounting income having with certain conditions and...

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Finance Act 2014: FBR explains alternative corporate tax

KARACHI: The Federal Board of Revenue (FBR) on Thursday issued explanation to Finance Act 2014 regarding amendments to newly introduced alternative corporate tax under Section 113C to Income Tax...

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