Number of SECP-registered companies increases to 158,577: TY2020: 58,779 companies file returns ISLAMABAD: The registered companies with the Securities and Exchange Commission of Pakistan (SECP) increased to... Published 20 Jan, 2022 04:21am
Business & Finance FBR cuts ST on petrol ISLAMABAD: The Federal Board of Revenue (FBR) has reduced sales tax on petrol from 4.77 percent to 2.50 percent from... Published 19 Jan, 2022 06:15am
Print New tables to be re-notified on Feb 1: Property valuation rates held in abeyance ISLAMABAD: The Federal Board of Revenue (FBR) Tuesday held in abeyance the new property valuation rates notified... Updated 19 Jan, 2022 09:26am
Business & Finance Declaration filed thru PSW system: Condition of upfront payment of duties, taxes waived ISLAMABAD: To facilitate importers, the Federal Board of Revenue (FBR) Tuesday announced that the condition of... Published 19 Jan, 2022 06:15am
Print Foreign investors operating in EPZ: FBR ‘inadvertently’ withdraws tax exemption ISLAMABAD: The Federal Board of Revenue (FBR) has inadvertently withdrawn sales tax exemption to the foreign... Updated 18 Jan, 2022 09:45am
Print Deadline for filing of ST returns extended ISLAMABAD: The Federal Board of Revenue (FBR) has extended dates for filing of Annex-C, payment and filing of sales... Updated 18 Jan, 2022 09:23am
Print Cabinet refuses extension to EDB CEO ISLAMABAD: Ministry of Industries and Production (MoI&P) is said to have failed to get Federal Cabinet’s nod... Updated 18 Jan, 2022 09:26am
Business & Finance PRA extends tax payment deadline to 24th LAHORE: The Punjab Revenue Authority (PRA) has extended payment date of sales tax up to 24th January 2022. ... Published 18 Jan, 2022 04:20am
Business & Finance Leather exporters paid tax refunds of Rs1.60bn KARACHI: Leather exporters have received tax refunds of total Rs1.60 billion in the last six months, compared to Rs1... Published 18 Jan, 2022 04:20am
Pakistan President dismayed by shabby treatment of 82-year-old taxpayer by FBR ISLAMABAD: President Dr Arif Alvi has expressed dismay over the treatment of an 82 years old tax payer by Federal... Published 17 Jan, 2022 07:06am
Opinion Note on the Finance (Supplementary) Act, 2022 The National Assembly has passed the Finance (Supplementary) Bill on... Published 17 Jan, 2022 07:06am
Print Valuation of properties: FBR has not yet notified revised rates ISLAMABAD: The Federal Board of Revenue (FBR) has yet to notify the revised property valuation rates, following the... Updated 17 Jan, 2022 10:34am
Opinion STPF 2020-25: A review—II Like previous documents TDAP’s role to enhance and develop Pakistan’s exports has yet again been emphasized. But... Published 16 Jan, 2022 04:17am
Business & Finance FBR, Ogra, Irsa: LCCI advocates private sector’s representation LAHORE: The Lahore Chamber of Commerce & Industry has urged the government to ensure adequate representation of... Published 16 Jan, 2022 04:17am
Print Finance (Supplementary) Act, 2022 enforced Will withdraw sales tax exemptions to the tune of Rs343 billion from January 16 Updated 17 Jan, 2022 09:49am
Print Govt’s powers in relation to SBP explained Hammad Azhar says federal government would own the entire assets of SBP while appointments and removals of governor, deputy governor, and board of directors were also in the domain of the government Updated 16 Jan, 2022 11:44am
Print Fraudulent retailers: FBR chief hints at shutting down businesses ISLAMABAD: Federal Board of Revenue (FBR) Chairman Dr Muhammad Ashfaq Ahmed said Saturday that the FBR will close... Updated 16 Jan, 2022 09:58am
Print Iranian cooking oil: FBR to take anti-smuggling steps ISLAMABAD: The Federal Board of Revenue (FBR) will take major enforcement action at the border areas of Iran to ... Updated 16 Jan, 2022 10:05am
Print Foreign exchange dealers, companies: All transactions to be monitored by FBR Board has included foreign exchange dealers/exchange companies in the list of the businesses that are required to online integrate their businesses Updated 15 Jan, 2022 09:46am
Pakistan Authorities failed to stop influx of illegal cigarettes from AJK LAHORE: The authorities have failed to stop the influx of illegal cigarettes from Azad Jammu and Kashmir (AJK) to... Published 14 Jan, 2022 07:45am
Business & Finance Talks between PSMA, govts: spokesman says there’s no solid outcome LAHORE: Pakistan Sugar Mills Association (PSMA) members have expressed concerns over the futile meetings with the... Published 14 Jan, 2022 07:45am
Business & Finance Shipping agents: FBR introduces changes in licensing procedure ISLAMABAD: The Federal Board of Revenue (FBR) has introduced comprehensive changes in the licensing procedure for ... Published 14 Jan, 2022 07:45am
Business & Finance OICCI voices concern over ‘abrupt changes’ in taxes, duties through bill ISLAMABAD: Overseas Investors Chamber of Commerce and Industry (OICCI) has expressed serious concerns on changes in... Published 14 Jan, 2022 06:20am
Print Red chillies, iodised salt, bread, infant milk: 17pc sales tax on import, supply abolished ISLAMABAD: The Federal Board of Revenue (FBR) has defined “digital means” in the Income Tax Ordinance, 2001 for... Updated 14 Jan, 2022 10:51am
BR Research GST on infant formula: only vibes, not policy In his post-budget conference, finance minister and chairman FBR had claimed that the government hopes to eliminate... Published 13 Jan, 2022 08:05am
Pakistan Covid-19 and Ramazan: Q3 and Q4 revenue targets may be revised downward LAHORE: The Federal Board of Revenue (FBR) may revise revenue target downward for 3rd and 4th quarters keeping in... Published 13 Jan, 2022 07:17am
Pakistan Cos having only foreigners as directors: PSW introduces new feature in subscription system ISLAMABAD: Pakistan Single Window introduced a new feature in the system to enable the subscription of companies... Published 13 Jan, 2022 07:17am
Business & Finance FBR has not yet received tax profiles from NADRA ISLAMABAD: The Federal Board of Revenue (FBR) is waiting for tax profiling of millions of citizens being done by the... Updated 13 Jan, 2022 06:20pm
Business & Finance New definition of ‘exported goods’ issued ISLAMABAD: The Federal Board of Revenue (FBR) has changed the definition of the exported goods for claiming duty... Published 13 Jan, 2022 07:17am
Business & Finance 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