FBR set to achieve Rs6.1trn revised tax collection target ISLAMABAD: The Federal Board of Revenue (FBR) is all set to achieve the upward revised target of Rs6,100 billion for... Updated 29 Jun, 2022 09:41am
Print 10pc RD imposed on motor spirit’s import till 30th ISLAMABAD: The Federal Board of Revenue (FBR) has imposed a 10 percent regulatory duty on the import of motor spirit... Updated 22 Jun, 2022 10:07am
Print Cellular mobile operators for reducing customs duty on fibre-optic cable, taxes Say situation would result in the closure of mobile phone service for hours and ATM services might also face disruption Updated 18 Jun, 2022 12:25pm
Business & Finance Economic Survey: Indirect taxes account for 60pc of FBR’s total collection ISLAMABAD: The indirect taxes (sales tax, customs duty, and Federal Excise Duty) contribution is over 60 percent of... Published 10 Jun, 2022 06:16am
Business & Finance Steel bars: Senate panel concerned at increase in ADD ISLAMABAD: The Senate Standing Committee on Commerce Friday expressed concern over the increase in anti-dumping duty... Published 04 Jun, 2022 04:18am
Business & Finance Oxygen gas, related items exempted from duty ISLAMABAD: The Federal Board of Revenue (FBR) has exempted Customs duty on the import of oxygen gas, oxygen gas... Published 07 Apr, 2022 05:15am
Print H1 tax refund payments down 29.4pc YoY ISLAMABAD: The Federal Board of Revenue (FBR) paid income tax refunds of Rs 5.142 billion during first six months... Updated 23 Mar, 2022 09:44am
Print Customs duty: H1 net collection jumps 42.8pc to Rs477.2bn ISLAMABAD: Around 77 percent of customs duty collection has been contributed by 15 major commodities including... Updated 22 Mar, 2022 09:53am
Print SBP suggests steps aimed at reducing import bill KARACHI: The State Bank of Pakistan (SBP) has suggested customs duty on imported seed and oil and taxes on ghee to... Updated 19 Mar, 2022 01:04pm
Print Afghanistan: Nine items exempted from duty ISLAMABAD: The Federal Board of Revenue (FBR) has exempted customs duty on the import of nine different types of... Updated 24 Dec, 2021 10:12am
Business & Finance PYMA urges govt to cut duty on polyester yarn KARACHI: Saqib Naseem, central chairman Pakistan Yarn Merchants Association (PYMA) and Muhammad Junaid Teli, vice... Published 02 Nov, 2021 05:20am
Print Effective Sept 27: 7pc ACD levied on cars, jeeps and other CKD vehicles ISLAMABAD: The Federal Board of Revenue (FBR) has imposed seven percent additional customs duty, from September 27,... Updated 30 Sep, 2021 09:35am
Print Rising CAD a big concern: Regulatory duty will be imposed on EVs, raised on other imported cars ISLAMABAD: Worried with the sudden increase in Current Account Deficit (CAD), the government has decided to impose... Updated 25 Sep, 2021 11:47am
Print Additional customs duty on auto sector imports cut to 2pc Decision taken after recommendation of tariff board for the promotion of local production of auto sector Updated 15 Sep, 2021 12:51pm
Print July tax collection exceeds target by Rs71bn ISLAMABAD: The Federal Board of Revenue (FBR) has collected net revenue of Rs.413 billion during July, which has... Published 01 Aug, 2021 03:07am
Print Monthly FBR target achieved on July 30 by ‘big margin’ ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected over and above Rs410 billion during July... Published 31 Jul, 2021 02:54am
Print Regulatory duty on educational items doubled ISLAMABAD: The Federal Board of Revenue (FBR) has doubled regulatory duty, ie, from 10 percent to 20 percent on the... Updated 13 Jul, 2021 08:25am
Business & Finance FY2020-21: Collectorate of Customs (Enforcement) surpasses revenue target PESHAWAR: The Collectorate of Customs (Enforcement) Peshawar surpassed the assigned target of Customs Duty for the... Published 09 Jul, 2021 04:25am
Business Customs Region (North) collects over Rs23bn during 2020-21 ISLAMABAD: The Customs Region (North) of the Federal Board of Revenue (FBR) has collected Rs23.334 billion as ... Published 04 Jul, 2021 03:41am
Print Home appliances: Duty on import of certain raw materials/input goods exempted ISLAMABAD: The Federal Board of Revenue (FBR) has exempted customs duty on the import of certain raw materials/input... Updated 04 Jul, 2021 09:37am
Business & Finance Textile sector: Duty on import of 580 items reduced, exempted from 1st ISLAMABAD: The Federal Board of Revenue (FBR) has exempted/reduced customs duty on the import of 580 items of ... Published 03 Jul, 2021 03:19am
Print Incentives for auto industry: FBR issues details ISLAMABAD: The Federal Board of Revenue (FBR), Friday, issued the details of the incentives provided to the auto... Updated 03 Jul, 2021 10:29am
Business Reduced rate of import duty: FBR releases names of items, active drug ingredients ISLAMABAD: The Federal Board of Revenue (FBR) has released the names of the items and active pharmaceutical... Published 03 Jul, 2021 03:19am
Business FY2020-21: Hyderabad Customs surpasses assigned target HYDERABAD: Collectorate of Customs Hyderabad has succeeded in surpassing annual revenue targets assigned by the ... Published 03 Jul, 2021 03:19am
Pakistan MCC Peshawar surpasses assigned target of customs duty ISLAMABAD: The Model Customs Collectorate, Appraisement and Facilitation, Peshawar has surpassed the assigned target... Published 02 Jul, 2021 04:20am
Business & Finance Govt likely to slash ACD, FED on auto-related imports KARACHI: The government is likely to slash Additional Customs Duty (ACD) by 5 percent and Federal Excise Duty (FED)... Published 30 Jun, 2021 03:54am
Print Imports by diplomats/embassies: Duty relief caused Rs506m revenue loss in FY20: FBR ISLAMABAD: The exemption of customs duty available on the import of goods by diplomats/ embassies/consulates has... Published 20 Jun, 2021 03:39am
Print ACD cut on goods falling under 2,436 tariff lines: RD on 80 non-essential, luxury items increased ISLAMABAD: The Federal Board of Revenue (FBR) has increased the regulatory duties on the import of 80... Published 12 Jun, 2021 05:04am
Business & Finance Iranian border: Goods’ trucks being stopped for hours at 28 checkpoints: BTA ISLAMABAD: Despite billions of rupees in tax payments, legal trade and all documents, trawlers and trucks are ... Published 05 Jun, 2021 04:08am
Pakistan Oxygen cylinders: Customs duty, GST exempted for 180 days ISLAMABAD: The Federal Board of Revenue (FBR) has exempted customs duty and sales tax for 180 days on the import of... Published 26 May, 2021 03:45am
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees