Trade bodies, business leaders laud ‘balanced budget’ Updated 14 Jun, 2026 08:48pm Congratulate PM Shehbaz, Finance Minister Aurangzeb for presenting 'excellent and public-oriented budget'
Tax on export proceeds to go down to 1.25pc Updated 13 Jun, 2026 09:14am ISLAMABAD: The government has proposed to reduce tax collection on export proceeds (one percent withholding tax and...
Broaden the base or burden the few Updated 04 Jun, 2026 07:01am Pakistan’s economy is at a turning point. Stabilisation efforts are underway, investor sentiment is cautiously...
‘Govt should review WHT imposed on FMCG, food industry’ Published 18 May, 2026 05:40am HYDERABAD: Chairman of Hyderabad SITE Association of Trade & Industry Zubair Ghangra has remarked that the...
‘Out of Demand’ tax collection more than doubles in FY2024-25 Updated 14 May, 2026 09:22am ISLAMABAD: Income tax collection under the “Out of Demand” category recorded an exceptional growth of 110.3 percent...
OPINION: Tax litigation, super tax, and the economics of tax deferral Updated 03 Feb, 2026 07:26am The Federal Constitutional Court’s recent judgment, articulated through a preliminary short order, with detailed...
APTMA urges reversal of double advance taxation structure Published 30 Aug, 2025 06:00am ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has strongly protested against the continued ...
Direct taxes’ share jumps to 48.7% in Pakistan Updated 10 Jun, 2025 10:41am ISLAMABAD: The share of direct taxes in overall tax collection of the Federal Board of Revenue (FBR) rose to 48.7...
Tax collection decreases 21.5pc in 2023-24 Updated 08 Nov, 2024 09:36am ISLAMABAD: The income tax collection from efforts of the tax officials of the Federal Board of Revenue (FBR) has...
FBR intensifies efforts to collect advance tax instalments Published 14 Sep, 2024 07:36am ISLAMABAD: The Federal Board of Revenue (FBR) has intensified efforts to timely collect due “advance tax”...
FBR considering traders’ new proposal to collect advance tax Updated 10 Sep, 2024 12:57pm FBR has also agreed to reduce the upper slabs of fixed tax of Rs 60,000 to a reasonable level
‘Privatisation of PIA by end of Oct’ Updated 10 Sep, 2024 09:53am Federal Minister for Defence Khawaja Asif says flights not viable commercially for PIA from Hyderabad to Karachi
Challenges before FBR’s new chairman Published 06 Sep, 2024 07:23am FBR (Federal Board of Revenue) has failed to meet original tax targets for the last six fiscal years, three of the...
FPCCI says against any further increase in taxes Published 04 Sep, 2024 08:18am KARACHI: Atif Ikram Sheikh, President FPCCI, has unequivocally stated that FPCCI vociferously opposed any further...
Advance tax: FBR asks traders to give alternative solution to valuation table Updated 04 Sep, 2024 09:12am ISLAMABAD: The Federal Board of Revenue (FBR), Tuesday, asked traders to give alternative solution to the valuation...
Fixation of monthly advance tax from retailers: FBR agrees to review valuation table Updated 03 Sep, 2024 09:15am ISLAMABAD: The Federal Board of Revenue (FBR), Monday, agreed to a major demand of All Pakistan Anjuman-e-Tajran to...
Only 277 retailers have paid Rs503,632 under Tajir Dost Scheme so far Updated 31 Aug, 2024 10:14pm Total number of registered retailers now stands at 63,964
Traders’ opposition to Tajir Dost Scheme Published 30 Aug, 2024 06:52am EDITORIAL: Traders’ opposition to registration and payment of advance tax based on the location of their business,...
FBR issues simple tax return form for traders Updated 29 Aug, 2024 10:49am ISLAMABAD: The Federal Board of Revenue (FBR) has issued a simple return form for traders for tax year 2024. In this...
FBR to introduce market-level review mechanism Updated 28 Aug, 2024 02:54pm ISLAMABAD: The Federal Board of Revenue (FBR) will introduce a market-level review mechanism having representation...
Tajir Dost Scheme: unfriendly response? Updated 15 Aug, 2024 06:56am EDITORIAL: A Business Recorder exclusive has revealed that 58,000 out of 3.2 million small traders/shopkeepers have...
Tax dept can’t reject advance tax estimates filed by taxpayer Published 11 Jul, 2024 06:13am LAHORE: A taxpayer company has challenged unwarranted recovery of advance tax by the tax department, saying that the...
FBR tells ministry: 2.5pc advance tax not applicable to OMCs’ outlets Published 06 Jul, 2024 06:48am ISLAMABAD: The Federal Board of Revenue (FBR) Friday conveyed to the Ministry of Energy that the Section 236H (2.5...
Unregistered retailers: 2.5pc advance tax stirs up a hornet’s nest Updated 05 Jul, 2024 09:33am Thrusts entire FMCG sector into the role of withholding agents
Advance tax imposition: PPDA says will hold countrywide strike on 5th Published 02 Jul, 2024 05:07am KARACHI: The Pakistan Petroleum Dealers Association (PPDA) has announced a countrywide strike on July 05, against ...
Budget proposals: OICCI calls for abolishing advance tax on telecom subscribers Updated 26 May, 2024 09:12am ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) has recommended the government to abolish...
Tax proposals: PBC calls for ‘out of box solutions’ Updated 20 May, 2024 08:06pm The Pakistan Business Council (PBC), one of the country’s largest corporate sector advocacy platforms, has urged...
Immovable properties: Hike in advance tax on purchase likely Updated 17 May, 2024 11:39am Taxation on real estate discussed during ongoing meetings between FBR and IMF
Property registration in Punjab: Mega WHT evasion scam unearthed Updated 18 Dec, 2023 11:51am Tax office of Federal Board of Revenue conducts an electronic audit of property registrars in Punjab
Rs940bn target for Dec: FBR chief starts meetings to review progress Updated 13 Dec, 2023 08:50am KARACHI: The Federal Board of Revenue (FBR) is likely to struggle hitting its revenue target of Rs. 940 billion for...