employees in salary

No exemptions, concessions to seafarers, newspaper employees in salary

KARACHI: The federal government has proposed elimination of exemptions and concessions allowed to allowances and benefits on salary income of seafarers and newspaper employees. Through the Finance Bill, 2021 a number of amendments have been proposed to the Second Schedule of Income Tax Ordinance, 2001 to withdraw exemptions and concessions. The bill proposed to withdraw exemption on total income of

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