Telecom sector: Body formed ahead of launch of single portal for filing ST returns ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a single portal committee for operationalizing... Published 22 Dec, 2023 05:22am
Print Alleged maladministration by FBR officials: FTO authorised to initiate ‘suo motu investigation’: President ISLAMABAD: President Arif Alvi has declared that the Federal Tax Ombudsman (FTO) is fully authorised to initiate... Updated 21 Dec, 2023 08:36am
Business & Finance Pakistan, Iran agree to remove impediments to barter trade ISLAMABAD: Pakistan and Iran Wednesday agreed to remove the irritants in the barter trade for increased economic... Published 21 Dec, 2023 03:54am
Print Tax on deemed income basis: BHC asks why FBR has different policies for Punjab and Balochistan ISLAMABAD: Balochistan High Court (BHC) has directed the Federal Board of Revenue (FBR) to explain why Section 7E... Updated 20 Dec, 2023 09:47am
Business & Finance Fake notes of Rs5000: SBP vows to improve regulations ISLAMABAD: The State Bank of Pakistan (SBP) has assured the Senate Standing Committee on Finance to improve... Published 20 Dec, 2023 06:00am
Opinion Claim of input tax under Sales Tax Act, 1990 General, The Federal Board of Revenue (FBR) has proposed a fundamental change in the Federal Sales Tax system which... Updated 19 Dec, 2023 05:41am
Print Vying for public office: PTBA urges ECP to forestall tax non-compliant aspirants KARACHI: Pakistan Income Tax Bar Association (PTBA) has demanded the Election Commission of Pakistan (ECP) to... Updated 19 Dec, 2023 09:34am
Business & Finance Cross-border goods via PSW system: FBR directs govt depts to apply new ‘IRMS’ ISLAMABAD: The Federal Board of Revenue (FBR) has directed the government departments having trade controls on... Published 19 Dec, 2023 05:20am
Business & Finance Gujrat Tax Bar Association demands streamlining of services for taxpayers GUJRAT: The Gujrat Tax Bar Association, led by President Khurram Taufiq Malik and General Secretary Tahir Hassan... Published 19 Dec, 2023 05:20am
Print Case of getting inadmissible tax refunds: ATIR turns down rectification plea filed by Chinese firm ISLAMABAD: The Full Bench of the Appellate Tribunal Inland Revenue (ATIR) has imposed costs and dismissed... Updated 18 Dec, 2023 09:14am
Print Overseas Pakistanis: Depreciation on used cell phones doubled ISLAMABAD: The depreciation on the used/ refurbished mobile phones brought into Pakistan by the overseas Pakistanis... Updated 18 Dec, 2023 09:20am
Opinion Why emphasis on export-led growth becomes imperative In the expansive arena of economic governance, Ludwig von Mises’ profound assertion resonates: “If one rejects... Published 18 Dec, 2023 06:42am
Print Property registration in Punjab: Mega WHT evasion scam unearthed Tax office of Federal Board of Revenue conducts an electronic audit of property registrars in Punjab Updated 18 Dec, 2023 11:51am
Print New customs’ values on import of rice colour sorting machines fixed ISLAMABAD: Directorate General of Customs Valuation, Karachi has revised customs values on the import of rice colour... Updated 17 Dec, 2023 09:28am
Business & Finance PSF manufacturer fails to secure blanket cover of law LAHORE: A polyester staple fibre (PSF) manufacturer has failed to secure blanket cover of the law on protection of... Published 16 Dec, 2023 05:49am
Editorials Despite a 146pc FED hike on cigarettes EDITORIAL: Going by FBR (Federal Board of Revenue) revenue figures, it has successfully busted the great tobacco... Published 16 Dec, 2023 05:49am
Business & Finance GST-registered persons: FBR body to evaluate applications for licenses ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a committee to evaluate applications for grant of... Published 15 Dec, 2023 03:12am
Business & Finance Input tax adjustment claims: FBR issues list of ‘HS codes’ ISLAMABAD: The Federal Board of Revenue (FBR) has issued a list of “HS codes” for claiming input tax adjustment... Published 15 Dec, 2023 03:12am
Business & Finance Facilitation at business place: FTO directs FBR not to change jurisdiction of taxpayers ISLAMABAD: The Federal Tax Ombudsman (FTO) Wednesday issued a landmark order on jurisdiction of taxpayers and... Published 14 Dec, 2023 05:24am
Print FBR sets up body to resolve issue of pending refunds ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a committee for the resolution of pending income tax... Updated 14 Dec, 2023 09:55am
Business & Finance Poly bags for sugar, cement and wheat: PBC urges Shamshad to make QR-Code printing mandatory ISLAMABAD: Caretaker Finance Minister Dr Shamshad Akhtar has been requested to make mandatory printing of QR-Code on... Published 14 Dec, 2023 05:24am
Pakistan 50th STP batch of ACCs: CAP holds final passing-out ceremony KARACHI: The Customs Academy of Pakistan (CAP) held its final passing-out ceremony on Tuesday for the 50th... Published 13 Dec, 2023 05:33am
Pakistan Checking wastage of flour: Demand to make QR-Code print on polypropylene bags mandatory ISLAMABAD: The caretaker Finance Minister, Dr Shamshad Akhtar, has been requested to make mandatory printing of... Published 13 Dec, 2023 05:33am
Business & Finance Key policy rate kept unchanged at 22pc KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) on Tuesday kept the policy rate... Published 13 Dec, 2023 05:33am
Print PM terms energy sector a ‘nightmare’ ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq has described the energy sector as a nightmare for the country... Updated 13 Dec, 2023 09:24am
Print Rs940bn target for Dec: FBR chief starts meetings to review progress KARACHI: The Federal Board of Revenue (FBR) is likely to struggle hitting its revenue target of Rs. 940 billion for... Updated 13 Dec, 2023 08:50am
Business & Finance Fast-moving consumer goods: FBR issues SRO ISLAMABAD: The Federal Board of Revenue (FBR) has directed all importers, manufacturers, wholesalers/ dealers/... Published 13 Dec, 2023 05:33am
Opinion Mixed economic trends The first five months of 2023-24 have witnessed upturns and downturns both globally and within Pakistan. There was... Published 12 Dec, 2023 05:28am
Pakistan Tax lawyers, FBR at loggerheads over lawyer’s arrest ISLAMABAD: Tax lawyers and the Federal Board of Revenue (FBR) have come at loggerheads with each other because of ... Published 12 Dec, 2023 05:28am
Business & Finance Integration with the FBRs accredited/licenced systems: ST registered persons directed to obtain licences ISLAMABAD: The Federal Board of Revenue (FBR) has directed all sales tax registered persons including tier-I... Published 12 Dec, 2023 05:28am