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Coronavirus
VERY HIGH Source: covid.gov.pk
Pakistan Deaths
26,938
7324hr
Pakistan Cases
1,212,809
2,71424hr
4.78% positivity
Sindh
446,840
Punjab
416,901
Balochistan
32,658
Islamabad
103,293
KPK
169,429

Sohail Sarfraz

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Semi-independent tax authority to be set up: IMF assured

The government has assured the International Monetary Fund (IMF) that a new semi-independent national tax authority would be created to bring the main revenue sources under tax administration reforms. In the IMF Staff Level Report issued here on Monday, P
Published 09 Jul, 2019 12:00am
Print

FBR circular No 7 of 2018: LHC disposes of petitions

Lahore High Court (LHC) has disposed of various petitions wherein FBR's Circular No 07 of 2018 was challenged with the prayer that a taxpayer who had paid tax under amnesty scheme may be allowed to file declaration under the Voluntary Declaration of Domes
Published 09 Jul, 2019 12:00am
Print

Semi-independent tax authority to be set up: IMF assured

The government has assured the International Monetary Fund (IMF) that a new semi-independent national tax authority would be created to bring the main revenue sources under tax administration reforms. In the IMF Staff Level Report issued here on Monday, P
Published 09 Jul, 2019 12:00am
Print

Semi-independent tax authority to be set up: IMF assured

The government has assured the International Monetary Fund (IMF) that a new semi-independent national tax authority would be created to bring the main revenue sources under tax administration reforms. In the IMF Staff Level Report issued here on Monday, P
Published 09 Jul, 2019 12:00am
Print

CCP urges tariff rationalization to control tea smuggling

The Competition Commission of Pakistan (CCP) has strongly recommended Federal Board of Revenue (FBR) and Ministry of Commerce to rationalize taxes including customs tariff on tea to control its smuggling, revisit negative list under the transit trade agre
Published 08 Jul, 2019 12:00am
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CCP urges tariff rationalization to control tea smuggling

The Competition Commission of Pakistan (CCP) has strongly recommended Federal Board of Revenue (FBR) and Ministry of Commerce to rationalize taxes including customs tariff on tea to control its smuggling, revisit negative list under the transit trade agre
Published 08 Jul, 2019 12:00am
Print

CCP urges tariff rationalization to control tea smuggling

The Competition Commission of Pakistan (CCP) has strongly recommended Federal Board of Revenue (FBR) and Ministry of Commerce to rationalize taxes including customs tariff on tea to control its smuggling, revisit negative list under the transit trade agre
Published 08 Jul, 2019 12:00am
Print

All SROs relating to zero-rating facility rescinded

The Federal Board of Revenue (FBR) has rescinded all notifications/orders allowing zero-rating facility of sales tax on electricity, gas, coal, furnace oil and diesel oil to registered persons, including exporters from July 1, 2019. According to the FBR,
Published 07 Jul, 2019 12:00am
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All SROs relating to zero-rating facility rescinded

The Federal Board of Revenue (FBR) has rescinded all notifications/orders allowing zero-rating facility of sales tax on electricity, gas, coal, furnace oil and diesel oil to registered persons, including exporters from July 1, 2019. According to the FBR,
Published 07 Jul, 2019 12:00am
Print

All SROs relating to zero-rating facility rescinded

The Federal Board of Revenue (FBR) has rescinded all notifications/orders allowing zero-rating facility of sales tax on electricity, gas, coal, furnace oil and diesel oil to registered persons, including exporters from July 1, 2019. According to the FBR,
Published 07 Jul, 2019 12:00am
Markets

What has been achieved in less than two years?

The Assets Declaration Scheme 2019 mobilized Rs 70 billion in taxes from 137,000 people compared to Rs 124 billion collected as tax from 83,000 people under Foreign Assets (Declaration and Repatriation) Ordinance 2018 and Voluntary Declaration of Domestic
Published 05 Jul, 2019 12:00am
Markets

What has been achieved in less than two years?

The Assets Declaration Scheme 2019 mobilized Rs 70 billion in taxes from 137,000 people compared to Rs 124 billion collected as tax from 83,000 people under Foreign Assets (Declaration and Repatriation) Ordinance 2018 and Voluntary Declaration of Domestic
Published 05 Jul, 2019 12:00am
Markets

What has been achieved in less than two years?

The Assets Declaration Scheme 2019 mobilized Rs 70 billion in taxes from 137,000 people compared to Rs 124 billion collected as tax from 83,000 people under Foreign Assets (Declaration and Repatriation) Ordinance 2018 and Voluntary Declaration of Domestic
Published 05 Jul, 2019 12:00am