Telecom sector: FBR launches single sales tax return ISLAMABAD: The Federal Board of Revenue (FBR) has launched single sales tax return (tax period of January 2024) for... Updated 02 Feb, 2024 09:21am
Print Returns filed on Jan 01: KTBA urges FBR to include corporate taxpayers in ATL 2024 KARACHI: The Karachi Tax Bar Association (KTBA) has requested the Federal Board of Revenue (FBR) to include... Updated 02 Feb, 2024 09:44am
Pakistan Shifa Tameer-e-Millat varsity: IHC directs FBR not to take steps towards recovery of disputed tax liability ISLAMABAD: The Islamabad High Court (IHC) has directed the Federal Board of Revenue (FBR) not to adopt coercive... Published 01 Feb, 2024 04:52am
Opinion Reform mantra: the new kid on the block Since late 1980s the origin of reform mantra is solely in the domain of the multilateral agencies. In the last one... Published 01 Feb, 2024 04:52am
Markets First ‘formal’ gold trading firm opened KARACHI: The country’ first formal company for offline and online trading of gold was inaugurated in Karachi on... Published 01 Feb, 2024 04:52am
Editorials Constitutional limitations of caretakers EDITORIAL: Secretary Election Commission of Pakistan (ECP) in a letter to Secretary to the Caretaker Prime Minister... Published 01 Feb, 2024 04:52am
Business & Finance Grievances of exporters: FBR directed to liaise with SBP ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to liaise with the State... Published 01 Feb, 2024 04:52am
Business & Finance FBR suffers Rs9bn shortfall in January ISLAMABAD: The Federal Board of Revenue (FBR) has suffered a shortfall of Rs9 billion during January 2024, as the... Published 01 Feb, 2024 04:52am
Business & Finance Dept fails to recover sales tax against obsolete stock LAHORE: The sales tax department failed to recover the sales tax amount from a taxpayer against obsolete stock that... Published 01 Feb, 2024 04:52am
Markets PBC urges incoming govt to effectively implement FBR restructuring The Pakistan Business Council (PBC), one of the country’s largest corporate advocacy platforms, has urged the... Updated 31 Jan, 2024 04:20pm
Print ECP bars interim govt from overhauling FBR ISLAMABAD: The Election Commission of Pakistan (ECP) has barred the caretaker federal government from overhauling... Updated 31 Jan, 2024 09:56am
Print ‘Innovative’ plan set to reduce circular debt ISLAMABAD: Caretaker Minister for Power and Petroleum, Muhammad Ali, has set an extremely ambitious circular debt... Updated 31 Jan, 2024 09:32am
Print FBR revamp plan approved by caretakers Federal Tax Policy Board will be formed in the Revenue Division which will be responsible for the formulation of tax policy Updated 31 Jan, 2024 09:57am
Print Revamp plan approved after months of deliberations: Shamshad ISLAMABAD: Caretaker Finance Minister Dr Shamshad Akhtar has stated that the FBR restructuring and digitisation plan... Updated 31 Jan, 2024 09:12am
Business & Finance Data integration: KP, Punjab show positive response to FBR ISLAMABAD: The provinces of Punjab and Khyber Pakhtunkhwa (KP) have shown positive response to the Federal Board of... Published 31 Jan, 2024 05:22am
Print FBR restructuring: Cabinet will again take up issue today ISLAMABAD: The Federal Cabinet will again take up the issue of restructuring of the Federal Board of Revenue (FBR)... Updated 30 Jan, 2024 08:49am
Print RD on export of precious stones: SIFC panel asks FBR to share taxation procedures ISLAMABAD: An inter-ministerial panel of the SIFC (Special Investment Facilitation Council) has asked the Federal... Updated 30 Jan, 2024 09:47am
Business & Finance FTO directs FBR to take errant taxmen to task for data breach ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to take disciplinary and... Published 30 Jan, 2024 04:52am
Business & Finance ‘Misuse’ of Sec 122(5A) of IT Ord: PTBA urges FBR to stop field forces from issuing notices ISLAMABAD: The Pakistan Tax Bar Association (PTBA) has asked the Federal Board of Revenue (FBR) chairman to stop... Published 30 Jan, 2024 04:52am
Opinion FBR restructuring: a recipe for disaster–II Just to highlight the difficulties involved let’s look at critical requirements for broadening of the tax base and... Published 29 Jan, 2024 04:37am
Business & Finance Fraudulent sales tax refunds: FTO urges FBR to take on corrupt officials ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to initiate criminal... Published 29 Jan, 2024 04:37am
Business & Finance LHC asks FBR to amend STA for protecting taxpayers’ rights ISLAMABAD: Lahore High Court (LHC) has directed the Federal Board of Revenue (FBR) to introduce sales tax ... Published 29 Jan, 2024 04:37am
Business & Finance LTO willing to return illegally recovered amount to IESO ISLAMABAD: Due to strict intervention by the Islamabad High Court (IHC), Large Taxpayer Office (LTO) Islamabad is... Published 29 Jan, 2024 04:37am
Business & Finance ‘Taxpayers’ rights to be protected always’ PESHAWAR: Advisor Federal Tax Ombudsman Peshawar Sardar Ali Khawaja said that taxpayers are the backbone of the... Published 29 Jan, 2024 04:37am
Print Appointment of Benami adjudicating authority members: Cabinet grills Revenue Div for ignoring PMO’s suggestions ISLAMABAD: Revenue Division has reportedly been grilled by the caretaker federal cabinet for not honouring... Updated 29 Jan, 2024 09:14am
Business & Finance FBR chief for sustained collaboration with FMU ISLAMABAD: Chairman Federal Board of Revenue Malik Amjed Zubair Tiwana emphasised the need for sustained... Published 29 Jan, 2024 04:37am
Opinion FBR restructuring: a recipe for disaster–I While briefing the Senate Committee on Finance, Chairman FBR confirmed that the proposed restructuring of FBR... Published 28 Jan, 2024 02:43am
Print Govt lacks space to pay pending ST refunds: FTO ISLAMABAD: Federal Tax Ombudsman (FTO) has analysed that the government has no fiscal space for making pending sales... Updated 28 Jan, 2024 04:51pm
Business & Finance FBR urged to help curb smuggling, ease restrictions on Pak-Afghan trade PESHAWAR: A delegation of businessmen during a consultation with Chairman Federal Board of Revenue (FBR), Malik ... Published 28 Jan, 2024 02:43am
Pakistan International Customs Day commemorated PESHAWAR: International Customs Day was celebrated on Friday, by all field formations of Customs located in the... Published 27 Jan, 2024 06:20am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?