FY2022-23: FBR begins budget preparation exercise ISLAMABAD: The Federal Board of Revenue (FBR) has started budget preparation exercise for 2022-23. In this regard,... Published 13 Jan, 2022 07:17am
Business & Finance ‘Mini-budget’: UBG chief identifies harsh measures KARACHI: President United Business Group Zubair F Tufail, identifying some of the harsh and irritant measures as... Published 13 Jan, 2022 07:17am
Pakistan Senate panel deliberates over ‘mini-budget’ ISLAMABAD: A meeting of the Senate Standing Committee on Finance, Revenue and Economic Affairs met on Tuesday to... Updated 12 Jan, 2022 01:52pm
Business & Finance ECC set to approve tobacco crop MIPs today ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, which is scheduled to meet on Wednesday ... Published 12 Jan, 2022 04:25am
Print Senate body rejects key proposals of Finance Bill ISLAMABAD: The Senate Standing Committee on Finance has rejected some key provisions of the Finance Supplementary... Updated 11 Jan, 2022 09:34am
Business & Finance FBR to present new tax policy framework to cabinet ISLAMABAD: To end the policy of tax exemptions in the future, the Federal Board of Revenue (FBR) Chairman, Dr... Published 11 Jan, 2022 06:33am
Opinion Don’t ignore FPCCI, please It is important to note that the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), country’s apex... Published 10 Jan, 2022 07:02am
Pakistan FTO decides 1,000 complaints of malpractices ISLAMABAD: Dr Asif Mahmood Jah, Federal Tax Ombudsman has decided 1000 complaints of malpractices by the officials ... Published 10 Jan, 2022 07:02am
Print REAP raises objections, terms Finance (Supplementary) Bill 2021 'devastating step' LAHORE: Terming the Finance (Supplementary) Bill 2021 as a “devastating step” that envisages withdrawal of... Updated 10 Jan, 2022 09:57am
Print Substances registered as drugs and medicaments: Senate panel recommends inclusion of insurance, bank guarantees ISLAMABAD: The Senate Standing Committee, on Friday, unanimously gave recommendations for the inclusion of insurance... Updated 09 Jan, 2022 09:45am
Business & Finance Launch ceremony of ‘National Sales Tax Return’ held ISLAMABAD: The representatives of provincial revenue authorities or boards except for the Punjab Revenue Authority... Published 09 Jan, 2022 07:05am
Pakistan Customs ordered to clear 8,522 auctionable lots within two months ISLAMABAD: In a landmark finding, the Federal Tax Ombudsman (FTO) in pursuance of an own motion investigation has... Published 08 Jan, 2022 03:59am
Print National ST Return launched: Tarin issues warning: taxes must be paid to avoid legal action ISLAMABAD: Finance Minister Shaukat Tarin Friday requested the entire nation that the non-filers and those liable to... Updated 08 Jan, 2022 09:42am
Print Rs343bn levy ‘negotiated’: FPCCI questions IMF’s conditionality ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Friday said that there exists... Updated 08 Jan, 2022 09:39am
Business & Finance PM Imran terms PTI govt tenure 'an economic success story' Says Pakistan's GDP is set to grow at over 4%, which is a huge achievement given the state economy was in during 2018 Updated 07 Jan, 2022 04:38pm
Business & Finance Tax ‘fraud’: FBR unearths ‘invoice skipping’ scam ISLAMABAD: The Federal Board of Revenue (FBR) has unearthed a new kind of tax fraud, i.e., “invoice skipping” by... Published 07 Jan, 2022 06:22am
Print FBR chief speaks about IMF’s tax outlook, priorities FBR Chairman Dr Muhammad Ashfaq Thursday says all-out efforts are being made to fix distortion in the tax system Updated 07 Jan, 2022 09:43am
Print Steel bars: PALSP spells out reasons behind increase in prices ISLAMABAD: The Federal Board of Revenue (FBR) will have major chunk of revenue on steel bars, following surge in its... Updated 07 Jan, 2022 09:42am
Print Goods imported by diplomats, missions: Senate panel supports imposition of 17pc GST ISLAMABAD: Senate Standing Committee on Finance Thursday supported imposition of 17 percent sales tax on goods... Updated 07 Jan, 2022 09:39am
Print Freight of domestic shipping lines: Tarin says will ensure ST fully refundable, adjustable ISLAMABAD: Finance Minister, Senator Shaukat Tarin has pledged to make sales tax refundable/ adjustable on freight ... Updated 06 Jan, 2022 09:42am
Print FY23 budget: Remaining GST exemptions to be withdrawn: FBR chief ISLAMABAD: Chairman FBR/Secretary Revenue Division, Dr Muhammad Ashfaq Ahmed said Wednesday that the government will... Updated 06 Jan, 2022 09:32am
Print Passage of money bill: Senate panel concerned at ‘after-effects’ ISLAMABAD: The Senate Standing Committee on Finance Wednesday expressed serious concerns over reports that the... Updated 06 Jan, 2022 09:32am
Editorials Confusion on IMF prior conditions EDITORIAL: Finance Minister Shaukat Tarin laid the money bill in the Senate on Tuesday amidst loud Opposition... Updated 06 Jan, 2022 09:54am
Print SBP amendment bill: Some cabinet members too show unease Cabinet members raise their concerns on the SBP (Amendment) Bill in presence of Prime Minister Imran Khan Updated 05 Jan, 2022 09:55am
Print Digital mode of payment: Deadline extended to Jan 31st ISLAMABAD: To avoid penalty on the corporate sector, the Federal Board of Revenue (FBR) has granted another ... Updated 05 Jan, 2022 10:43am
Print Effective Jan 1: GST on POL products increased ISLAMABAD: The Federal Board of Revenue (FBR) has increased the sales tax on petrol from 1.63 percent to 4.77 ... Updated 05 Jan, 2022 10:40am
Business & Finance PRA taxpayers’ number crosses 100,000 mark within 9 years LAHORE: The Punjab Revenue Authority (PRA) taxpayers’ number has crossed 100,000 within nine years of its transfer... Published 05 Jan, 2022 05:36am
Pakistan Withdrawal of ST exemption on agri implements: PKI says proposed move to raise cost of cultivation by 10pc LAHORE: The Pakistan Kissan Ittehad (PKI) has claimed that proposal to withdraw sales tax exemption on agricultural... Published 04 Jan, 2022 06:54am
Pakistan FBR reveals agri income of MPs: Rind tops the list; Zardari runner-up ISLAMABAD: The Federal Board of Revenue (FBR), on Monday, released for the first time the agriculture income of... Published 04 Jan, 2022 06:54am
Opinion Outlook for 2022 The year, 2021, has just come to an end. The first part of the year saw a process of recovery from the downturn... Published 04 Jan, 2022 06:54am