Print FBR yet to implement some major reforms ISLAMABAD: The Federal Board of Revenue (FBR) has yet to implement some major reform initiatives of the former PTI... Updated 18 Apr, 2022 10:28am
Business & Finance FY23 Budget proposals: PBC for discouraging cash economy ISLAMABAD: The Pakistan Business Council (PBC) has proposed to the Federal Board of Revenue (FBR) to introduce... Updated 17 Apr, 2022 02:22pm
Print 64 units of erstwhile Fata/Pata: FBR unveils import quota details ISLAMABAD: The Federal Board of Revenue (FBR) has issued unit-wise details of the import quota of raw materials... Updated 17 Apr, 2022 09:12am
Print Tax targets agreed with IMF must stay on track: PM Prime Minister Shehbaz Sharif directs Federal Board of Revenue to achieve upward revised revenue collection target of Rs6.1 trillion for 2021-22 Updated 16 Apr, 2022 10:37am
Pakistan Customs values of branded chocolate spread enhanced ISLAMABAD: The Directorate General of Customs Valuation, Karachi, has considerably increased customs values up to... Published 15 Apr, 2022 05:29am
Print Govt entities: FBR to take policy decision on FTNs ISLAMABAD: The Federal Board of Revenue (FBR) has decided to take a policy decision on the issuance of Free Tax... Updated 15 Apr, 2022 10:45am
Business & Finance FBR deploys Virtual Assessment Module at ports ISLAMABAD: The Federal Board of Revenue (FBR) has deployed the “Virtual Assessment Module” at ports for... Published 15 Apr, 2022 05:29am
Business & Finance Excessive tax demands fall under definition of maladministration: FTO ISLAMABAD: The Federal Tax Ombudsman (FTO) Office on Wednesday said that the Federal Board of Revenue’s creation ... Published 14 Apr, 2022 04:55am
Print Unregistered buyers: Adjustment against GST returns allowed via credit notes ISLAMABAD: The Federal Board of Revenue (FBR) has allowed adjustment through credit notes against sales tax returns... Updated 14 Apr, 2022 10:40am
Print Presentation to PM being finalised by FBR ISLAMABAD: The Federal Board of Revenue (FBR) will brief Prime Minister Shehbaz Sharif on the revenue... Updated 13 Apr, 2022 10:24am
Business & Finance FBR barred from issuance of manual notices: President endorses decision of FTO ISLAMABAD: The president has endorsed a major decision of the Federal Tax Ombudsman (FTO) to bar the Federal Board ... Published 13 Apr, 2022 06:03am
Business & Finance Proposed integration: PSW, GACC form JWG on single window cooperation ISLAMABAD: Pakistan Single Window (PSW) and the General Administration of Customs People’s Republic of China ... Published 12 Apr, 2022 05:17am
Print Admissible refunds blocked: FTO for disciplinary action against errant taxmen ISLAMABAD: The Federal Tax Ombudsman (FTO) has recommended strict disciplinary/criminal action against inefficient,... Updated 12 Apr, 2022 11:48am
Business & Finance FBR should be ‘more business-friendly’ under new govt: experts ISLAMABAD: The new government has to shift from a major enforcement policy of excessive tax demands, frivolous... Published 12 Apr, 2022 05:17am
Print Tax relief under industrial package: Maximum production capacity mandatory for sick units: FBR ISLAMABAD: The Federal Board of Revenue (FBR) has imposed a major condition on the sick industrial units to attain... Updated 10 Apr, 2022 10:16am
Pakistan WWF’s liabilities can’t be adjusted against refunds: FBR decision to have adverse effects on corporate sector: ICAP ISLAMABAD: The Federal Board of Revenue’s decision that the Workers Welfare Fund’s liabilities cannot be ... Published 10 Apr, 2022 05:49am
Business & Finance Steel industry, edible oil sector: FBR list of 778 items being reviewed on which input tax adjustment disallowed ISLAMABAD: The documented steel industry and edible oil sector are reviewing list of 778 items on which input tax... Published 10 Apr, 2022 05:49am
Print Industrial package: Investment opportunity is conditional concession, not amnesty scheme: FBR ISLAMABAD: The Federal Board of Revenue (FBR) Friday tried to give an impression that the investment opportunity... Updated 09 Apr, 2022 10:31am
Print Incorrect declarations: FBR restricts input adjustment of wholesalers, dealers ISLAMABAD: The Federal Board of Revenue (FBR) has restricted input adjustment of wholesalers, dealers and... Updated 09 Apr, 2022 10:33am
Print Oil, ghee and steel sectors: Input tax adjustment disallowed on 778 goods ISLAMABAD: The Federal Board of Revenue (FBR) has issued a list of 778 goods on which manufacturers of oil and ghee... Updated 09 Apr, 2022 10:30am