Chocolate ingredient: 20pc customs duty imposed on import ISLAMABAD: The Customs classification committee of the Federal Board of Revenue (FBR) has imposed a 20 percent... Updated 09 Apr, 2024 09:45am
Business & Finance Multivitamins, natural health products: FBR imposes 20pc duty on import ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) on Wednesday imposed 20... Updated 28 Mar, 2024 08:48am
Print Local automobile industry in deep trouble: PAMA KARACHI: The local automobile industry, already grappling with myriad of challenges, is now being severely impacted... Updated 27 Mar, 2024 09:34am
Business & Finance Scooties for kids: 20pc customs duty imposed ISLAMABAD: The customs classification committee of the Federal Board of Revenue (FBR) has imposed 20 percent customs... Updated 14 Feb, 2024 09:50am
Print PVC table mats: New customs’ values determined ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) has determined new customs... Updated 06 Feb, 2024 09:53am
Print FBR CCC’s ruling: Solar DC fan subject to 20pc customs duty ISLAMABAD: The Customs Classification Committee (CCC) of the Federal Board of Revenue (FBR) has ruled that the... Updated 06 Feb, 2024 09:52am
Business & Finance Collectorate of Customs Gwadar surpasses revenue target QUETTA: Collectorate of Customs, Gwadar has exceeded the assigned revenue target by 114 percent during the first ... Published 06 Jan, 2024 05:17am
Business & Finance Availing exemption from RD: Importers of motor spirit fail to establish presence of consignments on the high seas LAHORE: Importers of motor spirit have failed to establish presence of their consignments on the high seas to avail... Published 20 Dec, 2023 06:00am
Business & Finance PSF manufacturer fails to secure blanket cover of law LAHORE: A polyester staple fibre (PSF) manufacturer has failed to secure blanket cover of the law on protection of... Published 16 Dec, 2023 05:49am
Business & Finance FBR pays refunds/customs rebates of Rs335.6bn in 2022-23 ISLAMABAD: The Federal Board of Revenue (FBR) has paid refunds/customs rebates of Rs335.6 billion during 2022-23 as... Published 29 Nov, 2023 05:09am
Opinion Budgetary outcome in first quarter The information on fiscal operations in the first quarter of 2023-24 by the Federal and the four Provincial... Published 31 Oct, 2023 05:26am
Print Afghanistan transit trade agreement: MoC allows transportation of goods already landed at Karachi ISLAMABAD: Ministry of Commerce has allowed transportation of fabrics, tyres, black tea, cosmetics, toiletries,... Updated 05 Oct, 2023 09:43am
Business & Finance ‘Customs denying exemption to importers of HEVs’ LAHORE: Customs authorities are allegedly denying exemption to the importers of Hybrid Electric Vehicles (HEVs) ... Published 04 Oct, 2023 06:20am
Print Afghan transit commercial goods: FBR slaps 10pc processing fee on 5 categories ISLAMABAD: The Federal Board of Revenue (FBR) has imposed 10 percent processing fee on five major categories of... Updated 04 Oct, 2023 09:04am
Opinion Improving tax compliance The caretaker government has set up a tax reforms taskforce to come up with recommendations to close the ‘tax... Published 03 Oct, 2023 06:02am
Opinion Tax expenditure as subsidy to elites: myth or reality? In the last ten or so years, economic issues and tax collection by FBR has been brought increasingly under focus.... Published 12 Sep, 2023 06:51am
Print FBR directs cement makers to start implementing ‘T&TS’ ISLAMABAD: The Federal Board of Revenue (FBR) has directed cement manufacturers to start implementation of the Track... Updated 19 Aug, 2023 09:48am
Print Ampoule manufacturing: Glass tubing subjected to 20pc customs duty: FBR ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) has declared that the glass... Updated 09 Aug, 2023 08:41am
Print Payable as RD: SC allows Customs to encash 50pc bank guarantee of OMCs ISLAMABAD: The Supreme Court has allowed the Collector of Customs, Karachi to encash 50 percent bank guarantee of... Updated 11 Jul, 2023 09:00am
Print Value of Rs5m or more: 3pc advance tax to be collected on registration of EVs ISLAMABAD: The advance tax at the rate of 3 percent would be collected at the time of registration of electric... Updated 04 Jul, 2023 09:11am
Business & Finance Amendments enacted by Finance Act, 2023 vis-à-vis those proposed in Finance Bill 2023–II SALES TAX INCREASE IN RATE OF FURTHER TAX Published 29 Jun, 2023 04:19am
Print ‘Customs budget notifications’ issued by FBR ISLAMABAD: The Federal Board of Revenue (FBR) has implemented customs budgetary measures including raise in... Updated 28 Jun, 2023 09:00am
Business & Finance Businessmen concerned at proposed tax on windfall gains profits ISLAMABAD: Leading business associations, Monday, unanimously raised their voice against the budgetary measure of... Updated 13 Jun, 2023 06:22am
Print Tax expenditures constitute 36.43pc of FBR tax collection? ISLAMABAD: The tax expenditures remained 36.43 percent of the total Federal Board of Revenue (FBR) tax collection in... Updated 12 Jun, 2023 08:43am
Print RDs on wide range of items abolished ISLAMABAD: The Federal Board of Revenue (FBR) has abolished regulatory duties on a wide range of items including... Published 10 Jun, 2023 04:39am
Business & Finance Food emulsifiers, stabilisers: FBR body imposes 20pc customs duty ISLAMABAD: The customs classification committee of the Federal Board of Revenue (FBR) has imposed 20 percent customs... Published 08 Jun, 2023 06:30am
Pakistan Mishandling three imported vehicles: President directs FBR to apologise, make payment to citizen ISLAMABAD: President Dr Arif Alvi has directed the Federal Board of Revenue (FBR) to apologise and make payment to a... Published 30 May, 2023 03:37am
Business & Finance Budget proposals: PBC asks FBR to discourage use of cash in economy ISLAMABAD: The Federal Board of Revenue (FBR) has received different budget proposals to check the cash economy in... Published 20 May, 2023 05:59am
Print 20pc customs duty, RD on import of edible oils, oilseeds proposed ISLAMABAD: The government has proposed 20 percent customs duty and regulatory duty on the import of edible oils and... Updated 04 May, 2023 09:13am
Print Import of 133 items from Turkiye: FBR issues concessionary rate of duty ISLAMABAD: The Federal Board of Revenue (FBR) has issued a list of 133 items on which concessionary rate of customs... Updated 21 Apr, 2023 09:01am