Taxes FBR notifies transfers of 12 key officers to Admin Pool The Federal Board of Revenue (FBR) has notified transfers of 12 officers of the Inland Revenue Service and Pakistan... Published 26 Apr, 2024 10:48pm
Taxes Fair market value of subsidiary firms shares: No increase in tax in presence of income from business LAHORE: The tax department could not increase tax in the notional fair market value of the subsidiary company/s... Published 26 Apr, 2024 04:15am
Taxes SRB seals restaurant, event management company for tax evasion KARACHI: The Sindh Revenue Board (SRB) on Thursday took strict action against tax evasion, sealing the premises of a... Published 26 Apr, 2024 04:15am
Taxes Retail volume sales of cigarettes fall after higher taxes ISLAMABAD: The retail volume sales of cigarettes were decreased in Pakistan due to higher taxes and awareness ... Published 26 Apr, 2024 04:15am
Taxes Tax evasion, non-compliance: SRB seals Sajjad Restaurant at Do Darya, Karachi The Sindh Revenue Board (SRB) has sealed the premises of Sajjad Restaurant located at Do Darya, Karachi over tax... Updated 25 Apr, 2024 09:57pm
Taxes Pending litigation cases: nearly 80% amount with Appellate Tribunal, Collectors/Commissioners (Appeal) Contrary to what authorities would have you believe, an amount of nearly Rs2.88 trillion remained stuck in the... Published 25 Apr, 2024 06:57pm
Taxes Fan manufacturer fails to stop FBR from monitoring production LAHORE: A fan manufacturer has failed to stop the Federal Board of Revenue (FBR) from posting officers at his... Published 25 Apr, 2024 03:05am
Taxes Tax-related issues: LCCI urges PM to help defer new amendments LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has sought Prime Minister Shahbaz Sharif’s help for... Published 25 Apr, 2024 03:05am
Taxes KCCI chief urges FBR to defer implementation of SRO 350 KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh has asked the Federal... Published 23 Apr, 2024 03:41am
Taxes FBR chief interacts with taxpayers in E-Kachehri Islamabad: Chairman Federal Board of Revenue (FBR) Malik Amjed Zubair Tiwana on Monday directly interacted with... Published 23 Apr, 2024 03:41am
Taxes Random selection of figures: Commissioner Appeals disapproves assessment order LAHORE: A commissioner Inland Revenue (Appeals) has disapproved the assessment order after finding that the tax... Published 24 Apr, 2024 03:50am
Taxes Tax department fails to recover tax from bank accounts of taxpayer LAHORE: The Tax department has failed to recover the tax assessed from bank accounts of taxpayer without issuance of... Published 23 Apr, 2024 03:41am
Taxes Govt urged to hike FED on cigarettes ISLAMABAD: The Centre for Research and Dialogue (CRD) has asked the government to implement recommendations of... Published 22 Apr, 2024 04:39am
Taxes Cigarettes, sugar, fertilizer: Verification of digital tax stamps launched ISLAMABAD: At the time when nearly 63 percent of the Pakistani market has been captured by illicit cigarettes,... Published 21 Apr, 2024 04:10am
Taxes Proposed abolition of appellate forum resented by LTBA ISLAMABAD: Lahore Tax Bar Association (LTBA) has strongly opposed the proposed abolition of the first Appellate ... Published 21 Apr, 2024 04:10am
Taxes FBR seeks guidance of FTO to improve collection ISLAMABAD: The Federal Board of Revenue (FBR) Friday sought guidance of Federal Tax Ombudsman for improving revenue... Published 20 Apr, 2024 04:18am
Taxes FBR names officials for better FBR/PRAL liaison ISLAMABAD: The Federal Board of Revenue (FBR) has issued a list of 25 focal persons in the field formations for... Published 19 Apr, 2024 05:07am
Taxes FBR revises upward value of supply of CNG to consumers ISLAMABAD: The Federal Board of Revenue (FBR) has upward revised the value of supply of the compressed natural gas... Published 19 Apr, 2024 05:07am
Taxes Cigarettes remain top revenue spinner of FED ISLAMABAD: The cigarettes remained top revenue spinner of federal excise duty (FED) after raise of FED rates on... Published 19 Apr, 2024 05:07am
Taxes Tajir Dost Scheme: Major challenges in successful implementation highlighted KARACHI: Lack of comprehensive consultation, technological and digital literacy gaps, difficulty in determining the... Published 19 Apr, 2024 05:07am
Taxes Jul’23-Feb’24 period: SRB collection grows 33pc to Rs145.3bn YoY KARACHI: The Sindh Revenue Board (SRB) has continued its impressive revenue collection performance, securing Rs... Updated 18 Apr, 2024 09:45am
Taxes E-filers face problems after new amendments to ST rules KARACHI: Taxpayers are facing difficulties in e-filing sales tax returns after new amendments to the Sales Tax Rules... Published 18 Apr, 2024 03:24am
Taxes Critics say concept of ‘deemed’ income alien to income tax law LAHORE: The critics of the concept of deemed income have termed it discriminatory, saying that it provides certain... Published 18 Apr, 2024 03:24am
Taxes FBR extends deadline for ST, excise return filing ISLAMABAD: The Federal Board of Revenue (FBR) has extended the last date for filing of Sales Tax and Federal Excise... Published 16 Apr, 2024 03:38am
Taxes Tax Law (First Amendment) Bill likely to be approved today ISLAMABAD: The cabinet committee for disposal of legislative cases is likely to approve Tax Law (First Amendment)... Published 18 Apr, 2024 03:24am
Taxes New customs’ values on import of soybean meal (non-GMO) fixed ISLAMABAD: Directorate General of Customs Valuation Karachi has fixed new Customs values on the import of Soyabean... Published 18 Apr, 2024 03:24am
Taxes Delay in sales tax payments: Fibres’ manufacturer fails to furnish explanation LAHORE: A fibres manufacturer has failed to furnish plausible explanation for sales tax payments while agitating ... Published 16 Apr, 2024 03:38am
Taxes Car dealers demand cut in taxes MULTAN: All Pakistan Car Dealers Association (APCDA) demanded of government to reduce duties, taxes, and ... Published 15 Apr, 2024 03:56am
Taxes Cigarettes: experts recommend single-tier tax structure ISLAMABAD: To effectively check cigarette consumption in Pakistan, experts and health advocates have strongly... Published 13 Apr, 2024 03:49am
Taxes Double taxation pact with US: apex court dismisses appeals against SHC, LHC The Supreme Court of Pakistan has dismissed, “with no order as to costs”, appeals against the High Court of Sindh... Published 09 Apr, 2024 05:00pm