Pakistan Adds Fixed Tax on GCC Air Tickets for Labor Migration
August 8, 2024
This move aims to streamline taxation and generate additional revenue from outbound labor migration. According to a notification issued by the Federal Board of Revenue (FBR), under clause (b) of serial number 3 of the first schedule of the Federal Excise Act, 2005, a fixed tax of Rs 5,000 will be levied on air tickets […]
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International Air Ticket Tax Hike Sparks Industry Backlash IATA Calls for Reversal
July 10, 2024
The federal government jacked up the FED on the international flights in the budget 2024-25. According to the notification, the FED on economy and economy plus tickets has risen by 150 percent. In a letter to Pakistan’s finance ministry, the IATA has demanded to immediately roll back the imposition of 150pc tax on international air […]
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