PM urged to extend income tax return filing deadline ISLAMABAD: Tax advisers and tax experts have filed an appeal with the caretaker Prime Minister, Anwar-ul-Haq Kakar,... Published 11 Nov, 2023 06:30am
Print Technical parleys between IMF, FBR continue: Revenue boost main focus ISLAMABAD: The technical-level talks between the International Monetary Fund (IMF) and the Federal Board of Revenue... Updated 10 Nov, 2023 09:40am
Print FBR bars officials from attaching bank accounts of taxpayers ISLAMABAD: The Federal Board of Revenue’s (FBR) field offices have been barred from attaching bank accounts of the... Updated 10 Nov, 2023 08:41am
Print Oil products’ import on foreign suppliers’ account: Decision not materialised due to delay in notification of SOPs ISLAMABAD: The federal government’s decision to allow import of oil products on foreign suppliers’ account through... Updated 10 Nov, 2023 09:40am
Print Goods transporters, oil tanker owners: SRB directs 57 cos to add new category to SST profiles KARACHI: The Sindh Revenue Board (SRB) has directed 57 intercity goods transporters and oil tanker owners to add... Updated 09 Nov, 2023 10:26am
Print Essential commodities: Paramilitary forces empowered to exercise anti-smuggling powers ISLAMABAD: The Federal Board of Revenue (FBR) has empowered Pakistan Rangers/Frontier Corps of Balochistan and... Updated 09 Nov, 2023 03:59pm
Editorials First staff review negotiations with IMF EDITORIAL: The International Monetary Fund team (IMF) is currently in Pakistan for the first scheduled Stand-By... Published 08 Nov, 2023 05:42am
Business & Finance Illicit cigarettes to cause FBR Rs310bn loss ISLAMABAD: The Federal Board of Revenue (FBR) will suffer a massive revenue loss of Rs 310 billion in 2023-24 on... Published 08 Nov, 2023 05:42am
Print Nod from IR Commissioner not needed: Tax returns can be revised within 60 days: FBR ISLAMABAD: The Federal Board of Revenue (FBR) has clarified that the FBR system is allowing taxpayers to revise... Updated 08 Nov, 2023 10:04am
Print Glass ware/porcelain ware: Customs’ values on imports from seven countries issued ISLAMABAD: The Directorate General of Customs Valuation, Karachi has issued new Customs values on the import of... Updated 08 Nov, 2023 09:54am
Opinion Power tariff – a flawed business model Power tariffs have recently been in the limelight – not for any other issue but for unaffordability of the same.... Published 07 Nov, 2023 07:07am
Print Tax experts explain how FBR implements orders issued by courts ISLAMABAD: Tax experts have alleged that the Federal Board of Revenue (FBR) implements court orders in favour of the... Updated 07 Nov, 2023 09:18am
Business & Finance FBR to sell seized sugar to USC at 50pc discount ISLAMABAD: The Federal Board of Revenue (FBR) has decided to sell seized/confiscated sugar to the Utility Stores... Published 07 Nov, 2023 06:33am
Business & Finance A tug of war between tax dept and welfare organisation over surplus income from investments LAHORE: Welfare organisations utilising the surplus income out of their investments for their own beneficiaries are... Published 07 Nov, 2023 06:33am
Opinion Next IMF programme is not going to be easy The IMF review is ongoing, and it’s likely to sail through, as all the quantitative targets have been met. The... Updated 06 Nov, 2023 06:06am
Print Net-metering consumers: Discos asked to approach FBR for tax applicability issues ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has directed Power Distribution Companies (Discos)... Updated 06 Nov, 2023 09:17am
Print Private medical colleges: FTO directs FBR to probe tax matters ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to obtain information of... Updated 06 Nov, 2023 08:35am
Business & Finance FCCI making efforts to solve problems facing traders: Tariq FAISALABAD: Faisalabad Chamber of Commerce & Industry (FCCI) is making strenuous efforts to resolve the problems... Updated 06 Nov, 2023 06:37am
Business & Finance Recovery notices under Sec 138: FTO orders probe against FBR ISLAMABAD: The Federal Tax Ombudsman (FTO) has ordered an investigation against the Federal Board of Revenue (FBR)... Published 05 Nov, 2023 03:10am
Print Tax, FBR reforms: Task force concerned at reliance on indirect taxes ISLAMABAD: The first meeting of the task force on tax and Federal Board of Revenue (FBR) reforms, constituted by the... Updated 05 Nov, 2023 12:59pm
Print Exclusion from FASTER refund system: Salt industry warns FBR of ‘consequences’ ISLAMABAD: The salt industry has warned the Federal Board of Revenue (FBR) that the exclusion of salt manufacturers... Updated 05 Nov, 2023 09:22am
Print FBR shares collection data with IMF ISLAMABAD: The Federal Board of Revenue (FBR) Friday shared tax-wise data of revenue collection with the... Updated 04 Nov, 2023 04:06pm
Print Sections 111, 122 of Income Tax Ordinance: FBR cannot issue combined notice to taxpayer: IHC ISLAMABAD: Islamabad High Court (IHC) has ruled that the Federal Board of Revenue (FBR) cannot issue a combined... Updated 04 Nov, 2023 09:23am
Business & Finance Carbon alloy wire rod: FBR says RD exemption cannot be granted on import ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) has declared that the ... Published 04 Nov, 2023 06:00am
Pakistan FBR nominates team to assist ECP ISLAMABAD: The Federal Board of Revenue (FBR) has nominated a team of tax officials, who would assist the Election... Published 03 Nov, 2023 06:11am
Print ‘Further sales tax’ and ‘extra sales tax’: conflicting FBR accounts cause a great deal of confusion ISLAMABAD: The conflicting legal clarifications of the Federal Board of Revenue (FBR) on the chargeability of extra... Updated 03 Nov, 2023 10:11am
Print IMF knows full well SOEs govt’s Achilles heel Shamshad Akhtar shares progress on the Standby Arrangement and briefs IMF on fiscal measures being taken by the government to improve economic situation Updated 03 Nov, 2023 10:13am
Print Non-filers, documentation of economy: FBR shares strategy with Shamshad ISLAMABAD: The caretaker Finance Minister Dr Shamshad Akhtar has directed the Federal Board of Revenue (FBR) to... Updated 03 Nov, 2023 08:59am
Business & Finance World Bank official meets Shamshad ISLAMABAD: Dr Tauqeer Hussain Shah, the executive director (designate) World Bank, called on the caretaker Minister... Published 03 Nov, 2023 06:11am
Print Essential commodities: NPMC satisfied with current price trend ISLAMABAD: The National Price Monitoring Committee (NPMC) reviewed the prices of essential commodities and expressed... Updated 03 Nov, 2023 08:59am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?