Private medical, dental colleges: FTO asks FBR to file audited accounts ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to ensure filing of audited... Published 17 Feb, 2024 05:51am
Business & Finance FrieslandCampina Engro Pakistan Ltd announces financial results for FY2023 KARACHI: FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for the year ended December... Published 17 Feb, 2024 05:51am
Print Steel industry: PM orders FBR to resolve issues on priority basis ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has directed concerned authorities and the Federal Board of... Updated 16 Feb, 2024 09:20am
Business & Finance Customs detects Rs27.5bn tax ‘evasion’ KARACHI: An alarming tax evasion scam has been detected by Directorate Post-Clearance Audit (PCA) South, revealing... Published 16 Feb, 2024 06:02am
Business & Finance Most FBR representations against FTO rejected ISLAMABAD: President Arif Alvi has rejected most of the representations filed by the Federal Board of Revenue (FBR)... Published 16 Feb, 2024 06:02am
Business & Finance AJK, FATA/PATA: KCCI seeks withdrawal of tax exemption to protect importers of black tea KARACHI: Senior Vice President of the Karachi Chamber of Commerce & Industry (KCCI) Altaf A Ghaffar has urged ... Published 16 Feb, 2024 06:02am
Pakistan Immoveable property: PHC strikes down Sec 7E of Income Tax Ordinance ISLAMABAD: The Peshawar High Court (PHC) has declared that Section 7E of the Income Tax Ordinance, 2001, which... Updated 15 Feb, 2024 06:04am
Business & Finance Gang behind bogus GST invoices busted ISLAMABAD: The Directorate of Intelligence & Investigation (Inland Revenue), Islamabad has busted an organised... Published 15 Feb, 2024 05:39am
Business & Finance FTO asks FBR to address leading pharma company’s grievance ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to immediately process ... Published 13 Feb, 2024 05:59am
Business & Finance I&I Directorate has failed to recover taxes on technical ground LAHORE: The Directorate of Intelligence and Investigation (I&I) failed to recover duty/taxes on technical ground... Published 13 Feb, 2024 05:59am
Editorials PBC makes some fair points EDITORIAL: It’s unfortunate that Pakistan Business Council’s (PBC’s) recommendations about generating fairer... Published 12 Feb, 2024 06:25am
Business & Finance Fiscal trajectory: Expert underscores role of taxation PESHAWAR: Muhammad Umair Zeb, a leading tax expert has underscored the pivotal role of taxation in shaping the... Published 12 Feb, 2024 06:25am
Business & Finance KPRA asked to meet revenue target PESHAWAR: Khyber Pakhtunkhwa’s caretaker Minister for Finance, Revenue and Excise Ahmed Rasul Bangash directed... Published 12 Feb, 2024 06:25am
Print PRR project: World Bank accepts govt request ISLAMABAD: The World Bank has accepted the government’s request for the extension of the closing date and... Updated 11 Feb, 2024 09:30am
Print eFBR portal to be used: FMCG supply chain required to register systems ISLAMABAD: The supply chain of the Fast Moving Consumer Goods (FMCG) sector would be required to register their... Updated 11 Feb, 2024 02:08pm
Opinion Beyond authoritarian rule: navigating the technological kaleidoscope The Constitution of Pakistan, in Article 7, provides a definition for “the State,” encompassing the federal... Published 08 Feb, 2024 05:02am
Print Computer monitor panels: Customs’ values on import of old, used LCD/LED fixed ISLAMABAD: Directorate General of Customs Valuation Karachi for the first-time fixed customs values on the import of... Updated 08 Feb, 2024 10:07am
Print Key issues behind low revenue identified: Cabinet concerned at ‘integrity’ of FBR board members? ISLAMABAD: The caretaker Federal Cabinet has reportedly expressed its concerns over the integrity of private members... Updated 08 Feb, 2024 10:11am
Print FBR restructuring: IHC suspends I&ADC notification ISLAMABAD: The Islamabad High Court (IHC) on Wednesday suspended the notification for the constitution of a... Updated 08 Feb, 2024 10:09am
Business & Finance Investors, startups: PTBA urges SECP to update guidelines, remove procedural snags KARACHI: The Pakistan Tax Bar Association (PTBA) has requested the Securities and Exchange Commission of Pakistan... Published 08 Feb, 2024 05:02am
World Palestinian Authority to pay reduced salaries as Israel blocks funds RAMALLAH: The Palestinian Authority said on Tuesday it will pay public sector workers 60% of their December salaries... Published 07 Feb, 2024 05:30am
Business & Finance Input tax adjustment time: ST Act doesn’t stipulate any condition or time limit LAHORE: The Sales Tax Act does not stipulate any condition or restriction of time for adjustment of the input tax... Published 06 Feb, 2024 05:00am
Print World Bank -funded ‘PRR’ project: one-year extension sought ISLAMABAD: The government has sought one-year extension in “Pakistan Raises Revenue (PRR)” project worth $400... Updated 06 Feb, 2024 09:06am
Business & Finance Provinces: H1FY24 sales tax collection on services increases by 23.44pc YoY ISLAMABAD: The sales tax on services collection by the provinces has increased by 23.44 percent during the first six... Updated 06 Feb, 2024 09:05am
Print Restructuring plan of FBR: Taxpayers should be inducted into Policy Board: PBC ISLAMABAD: Pakistan Business Council (PBC) has strongly recommended that the taxpayers (stakeholders) should be... Updated 05 Feb, 2024 09:34am
Print Industrial tariff revision: Parleys with IMF in a day or two ISLAMABAD: The government team is all set to hold a session with International Monetary Fund (IMF) in a day or two... Updated 02 Feb, 2024 09:20am
Print Telecom sector: FBR launches single sales tax return ISLAMABAD: The Federal Board of Revenue (FBR) has launched single sales tax return (tax period of January 2024) for... Updated 02 Feb, 2024 09:21am
Business & Finance Sugar mills evading tax to face crackdown ISLAMABAD: The caretaker government has decided to start crackdown on sugar mills involved in tax evasion, well... Published 01 Feb, 2024 04:52am
Business & Finance FBR suffers Rs9bn shortfall in January ISLAMABAD: The Federal Board of Revenue (FBR) has suffered a shortfall of Rs9 billion during January 2024, as the... Published 01 Feb, 2024 04:52am
Business & Finance Dept fails to recover sales tax against obsolete stock LAHORE: The sales tax department failed to recover the sales tax amount from a taxpayer against obsolete stock that... Published 01 Feb, 2024 04:52am