FY23 budget: Remaining GST exemptions to be withdrawn: FBR chief ISLAMABAD: Chairman FBR/Secretary Revenue Division, Dr Muhammad Ashfaq Ahmed said Wednesday that the government will...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 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
Print ‘Mini-budget’: Delay of a few days doesn’t really matter: Tarin Says a date of January 12 has been fixed with the IMF and it should not be any problem for the Fund to extend it for two or four days Updated 04 Jan, 2022 09:28am
Print Rs343bn exemptions withdrawn: Rs251bn will be refunded/adjusted to pharma, other sectors ISLAMABAD: Rs251 billion out of total Rs343 billion tax exemptions withdrawn in the Finance Supplementary Bill, ... Updated 04 Jan, 2022 10:10am
Print 39 MPs didn’t pay income tax ISLAMABAD: At least 39 lawmakers, including 10 members of the National Assembly and eight Senators did not pay ... Updated 04 Jan, 2022 12:43pm
Print 93 MPs among non-filers ISLAMABAD: As many as 93 parliamentarians have not filed their income tax returns for the Tax Year 2019. According ... Updated 04 Jan, 2022 10:04am
Print FBR’s Board-in-Council decides to establish Toshakhana ISLAMABAD: The Board-in-Council of the Federal Board of Revenue (FBR) has decided to establish Toshakhana and... Updated 03 Jan, 2022 09:51am
Editorials Money Bill and amendment in SBP act EDITORIAL: Everything went according to the script: the cabinet approved the money bill with the coalition partners... Updated 03 Jan, 2022 09:07am
Pakistan Redressal of problems: FBR chief advises taxpayers to visit RTO, collectorate of customs ISLAMABAD: Federal Board of Revenue (FBR) Chairman Dr Muhammad Ashfaq Ahmed has advised the taxpayers to visit their... Published 02 Jan, 2022 05:05am
Opinion ‘Mini-budget’ Consistently inconsistent The cat is finally out of the bag. The money bill (infamous mini-budget) and SBP (State Bank of Pakistan) amendment... Updated 02 Jan, 2022 05:35am
Print Hascol and its senior management: FBR decides to initiate audit ISLAMABAD: The Federal Board of Revenue (FBR) has decided to start an audit of the income tax and sales tax affairs... Updated 02 Jan, 2022 10:40am
Print Corporate sector: FBR defers implementation of digital mode of payment ISLAMABAD: The Federal Board of Revenue (FBR) has deferred implementation of the digital mode of payment by the... Updated 02 Jan, 2022 10:41am
Print Finance (Supplementary) Bill, 2021: Politically exposed persons: FBR can disclose info Govt has decided to remove restrictions on the FBR from not disclosing information of politically-exposed persons including high-level public officials Updated 02 Jan, 2022 10:40am
Business & Finance FBR, ARD conclude second round of negotiations ISLAMABAD: Agreement Afghanistan Revenue Department (ARD) and Federal Board of Revenue (FBR) concluded second round... Published 02 Jan, 2022 05:05am
Print Tough decisions taken for sake of economic growth: MoF spokesperson KARACHI: Muzammil Aslam, spokesperson Finance Ministry, said on Saturday that the government has taken some tough... Updated 02 Jan, 2022 09:52am
Print Newly-opened, redesignated business accounts: Banks required to inform FBR about particulars ISLAMABAD: Banks will have to directly inform the Federal Board of Revenue (FBR) of the particulars of newly-opened... Updated 02 Jan, 2022 09:52am
Print Zero-rating regime for pharma sector: Drug prices should come down by 15-20pc: FBR chief ISLAMABAD: Federal Board of Revenue (FBR) Chairman Dr Muhammad Ashfaq Ahmed Friday said that the prices of the... Updated 01 Jan, 2022 10:21am
Print FBR collects Rs287bn more revenue ISLAMABAD: The Federal Board of Revenue (FBR) has collected net revenue of Rs2,920 billion during July-December... Updated 01 Jan, 2022 10:01am
Print GST at standard rate of 17pc: ‘Unpopular’ and ‘politically tough’ decisions taken, says FBR ISLAMABAD: Federal Board of Revenue (FBR) Chairman Dr Muhammad Ashfaq Ahmed said Friday that the government took... Updated 01 Jan, 2022 12:18pm
Business & Finance Rs469bn tax demand: FBR fails to collect a single penny from sugar mills? LAHORE: The Federal Board of Revenue (FBR) could not recover a single penny out of a tax demand of Rs 469 billion... Published 31 Dec, 2021 06:50am
Print Finance (Suppl) Bill: 17pc GST proposed to be levied on over 150 items ISLAMABAD: The government has proposed to impose 17 percent sales tax worth Rs343 billion on over 150 items ... Updated 31 Dec, 2021 10:14am
Print Only Rs2bn impact on the common man: Tarin says IMF programme ‘vital for economy’ ISLAMABAD: Finance Minister Shaukat Tarin on Thursday said that the International Monetary Fund (IMF) programme is... Updated 31 Dec, 2021 10:18am
Print Mobile phone calls: 10pc to 15pc WHT hike proposed ISLAMABAD: The government has proposed to increase withholding tax on mobile telephone calls from 10 to 15 percent.... Updated 31 Dec, 2021 10:19am
Pakistan Gwadar project: Power Division asked to expedite work ISLAMABAD: The Steering Committee on Pak-China Relations, headed by Deputy Chairman Planning Commission, has ... Updated 28 Dec, 2021 10:14am