Field formations: FBR announces extended workhours ISLAMABAD: The Federal Board of Revenue (FBR) has announced that the field formations (customs department) will... Updated 25 Dec, 2023 08:43am
Opinion Non-disclosures & underperformance Ever year Federal Board of Revenue (FBR) as Revenue Division of Ministry of Finance (MoF), issues data relating to... Published 22 Dec, 2023 05:22am
Print Regionally competitive level sought: APTMA demands power tariff at 9-10 cents per kWh ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has expressed deep concern over the absolutely dismal... Updated 22 Dec, 2023 09:19am
Print ATIR’s orders: FTO explains what actually constitutes maladministration ISLAMABAD: The Federal Tax Ombudsman (FTO) has ruled that the delay in giving appeal effect to the order which is in... Updated 22 Dec, 2023 09:03am
Print Vying for public office: PTBA urges ECP to forestall tax non-compliant aspirants KARACHI: Pakistan Income Tax Bar Association (PTBA) has demanded the Election Commission of Pakistan (ECP) to... Updated 19 Dec, 2023 09:34am
Print Case of getting inadmissible tax refunds: ATIR turns down rectification plea filed by Chinese firm ISLAMABAD: The Full Bench of the Appellate Tribunal Inland Revenue (ATIR) has imposed costs and dismissed... Updated 18 Dec, 2023 09:14am
Print Property registration in Punjab: Mega WHT evasion scam unearthed Tax office of Federal Board of Revenue conducts an electronic audit of property registrars in Punjab Updated 18 Dec, 2023 11:51am
Business & Finance IMF denies it plans to ask Pakistan to raise taxes on salaries KARACHI: The International Monetary Fund (IMF) resident representative in Pakistan on Friday denied media reports... Published 16 Dec, 2023 05:49am
Business & Finance Facilitation at business place: FTO directs FBR not to change jurisdiction of taxpayers ISLAMABAD: The Federal Tax Ombudsman (FTO) Wednesday issued a landmark order on jurisdiction of taxpayers and... Published 14 Dec, 2023 05:24am
Print FBR sets up body to resolve issue of pending refunds ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a committee for the resolution of pending income tax... Updated 14 Dec, 2023 09:55am
Business & Finance Key policy rate kept unchanged at 22pc KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Tuesday kept the policy rate... Published 13 Dec, 2023 05:33am
Print PM terms energy sector a ‘nightmare’ ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq has described the energy sector as a nightmare for the country... Updated 13 Dec, 2023 09:24am
Print Rs940bn target for Dec: FBR chief starts meetings to review progress KARACHI: The Federal Board of Revenue (FBR) is likely to struggle hitting its revenue target of Rs. 940 billion for... Updated 13 Dec, 2023 08:50am
Business & Finance Fast-moving consumer goods: FBR issues SRO ISLAMABAD: The Federal Board of Revenue (FBR) has directed all importers, manufacturers, wholesalers/ dealers/... Published 13 Dec, 2023 05:33am
Print Non-filers of tax returns: FBR to identify bureaucrats, bankers, others FBR apprehends that many senior government officials in different ministries and departments including police etc are non-filers of income tax returns Updated 12 Dec, 2023 10:13am
Print Importer booked for evasion of Rs30m duty ISLAMABAD: Collectorate of Customs Appraisement- South Asia Pakistan Terminal (SAPT), Karachi has booked an importer... Updated 11 Dec, 2023 09:50am
Print Q1: Provinces’ budget surplus dips 76pc YoY ISLAMABAD: The provinces have generated a budget surplus of Rs51.403 billion in the first quarter of the ongoing... Updated 09 Dec, 2023 04:34pm
Business & Finance Multinational companies: FBR decides to implement e-ST integration system ISLAMABAD: The Federal Board of Revenue (FBR) has decided to implement an electronic sales tax (e-ST) integration... Published 09 Dec, 2023 05:46am
Print Ways identified to salvage economy, back businesses Country’s top businessmen urge government to reform Federal Board of Revenue Updated 08 Dec, 2023 10:03am
Pakistan SC reserves verdict on Section 3A insertion in federal excise law ISLAMABAD: The Supreme Court reserved the judgment on insertion of Section 3A in the Federal Excise Act, 2005, for... Published 07 Dec, 2023 04:35am
Business & Finance Minister endorses strategy of increasing taxes on tobacco ISLAMABAD: Minister of Information, Broadcasting, and Parliamentary Affairs, Murtaza Solangi, has endorsed the... Published 07 Dec, 2023 04:35am
Print FBR to integrate real time data of 145 entities ISLAMABAD: The Federal Board of Revenue (FBR) has decided to integrate all financial data and economic transactions... Updated 06 Dec, 2023 08:37am
Business & Finance FTO asks FBR to review ED regime ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to review whole regime of... Updated 01 Dec, 2023 09:12am
Print LHC, too, suspends SRO about tax on banks’ windfall income ISLAMABAD: The Lahore High Court (LHC) has also suspended the SRO 1588(I)/2023 of the Federal Board of Revenue (FBR)... Updated 01 Dec, 2023 09:50am
Print FY23 sales of immovable properties: WHT collection registers 340.5pc growth YoY Federal Board of Revenue releases withholding tax data Updated 29 Nov, 2023 09:51am
Print FBR informs IMF of its plan to register 1m non-filers ISLAMABAD: The Federal Board of Revenue (FBR), Monday, informed the International Monetary Fund (IMF) that tax... Updated 28 Nov, 2023 09:09am
Business & Finance No tax required to be withheld against payments representing discounts, inter-company account settlements LAHORE: No tax is required to be withheld against the payments representing discounts and inter-company account... Published 22 Nov, 2023 05:48am
Print Tax incentives for aviation sector on the cards ISLAMABAD: The caretaker government is likely to announce new tax incentives/ concessions for the aviation sector to... Updated 21 Nov, 2023 09:11am
Print Wrong computation of tax liability: FTO asks FBR to refund excess income tax to taxpayers ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Jah has directed the Federal Board of Revenue (FBR) to refund the... Updated 15 Nov, 2023 09:50am
Print Forex deals: Tax on windfall profits of banks likely ISLAMABAD: The government is likely to invoke provisions of the Finance Act, 2023, to impose tax on windfall... Updated 15 Nov, 2023 09:49am