Day: November 15, 2024

Agriculture Income Tax Bill approved in Punjab 2024: what new taxes will farmers have to pay?

The Punjab Agriculture Income Tax Amendment Bill 2024 was passed and will be implemented in 2025. This bill changes the taxation rules for farmers and cattle/livestock owners in the Punjab Province. It is an act aimed at arriving at a fairer system; thus, new tax rates are defined, along with tough fines for non-payment of […]

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