FBR imposes tax on international business class air tickets

BusinessFBR imposes tax on international business class air tickets

ISLAMABAD, Pakistan: The Federal Board of Revenue (FBR) has imposed advance tax on international air tickets of business class.

Sources said that Rs 16,000 will be collected from people travelling on executive or first class tickets while Rs 12,000 from others excluding economy class.

The economy class is exempted from the tax.

The imposition has come in under Income Tax Ordinance 2001.

One-way and return both kinds of travel tickets will be charged with the new tax.

Travelers can pay the tax manually and electronically, either way.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

Pakistan-China Institute’s All Parties Moot reaffirms unwavering support to CPEC

0
Mushahid Hussain terms ties with China central to Pakistan’s FutureISLAMABAD, Pakistan: The Pakistan-China Institute (PCI), headed by the Senator Mushahid Hussain Sayed,...

BISP-GIZ partnership to boost social protection services, digital literacy, and skills development: Rubina

0
ISLAMABAD, Pakistan: A delegation from the German Agency for International Cooperation (GIZ) met the Chairperson of the Benazir Income Support Programme (BISP) Senator Rubina...

Interbank Dollar Rate Today in Pakistan – 28 August 2024

0
Interbank Exchange Rates in Pakistan The Interbank Closing Exchange Rate in Pakistan has been issued by the State Bank of Pakistan (SBP) for August 28,...
Balochistan Bleeds: Security spectrum and responsibility of political parties

Balochistan Bleeds: Security spectrum and responsibility of political parties

0
By Agha Iqrar HaroonAfter a long struggle and countless sacrifices of martyrs in Operation Zarb-e-Azb by the Pakistan Army and the public, the scourge...

2nd phase of repatriation of Afghan refugees to begin soon: Mohsin Naqvi

0
ISLAMABAD, Pakistan: The Federal Minister for Interior Senator Mohsin Naqvi has said that the second phase of repatriation of Afghan refugees will begin soon.Talking...
Advertisement