Trends - FBR - Business Recorder

FBR

A mini-budget or an annexure to budget?

For the first time in Pakistan’s chequered history additional revenue measures were annexed to the budget by a...

Updated 27 Jun, 2022 06:28am

PM forms body for mining sector turnaround

ISLAMABAD: The Prime Minister, Shehbaz Sharif, has constituted a 12-member ministerial committee to explore avenues...

Updated 27 Jun, 2022 09:58am

Business & Finance

Miftah assures Motiwala-led body over removal of budget anomalies

KARACHI: An anomaly committee constituted by the Ministry of Finance under the chairmanship of Zubair Motiwala held...

Published 26 Jun, 2022 06:40am

FBR reduces CVT on vehicles under amended Finance Bill 2022

ISLAMABAD: The Federal Board of Revenue (FBR) has reduced the capital value tax (CVT) on vehicles from two percent...

Updated 26 Jun, 2022 09:59am

Business & Finance

Under amended finance bill: Scope of IT and IT-enabled services expanded

ISLAMABAD: The Federal Board of Revenue (FBR) has expanded the scope of the definition of IT and IT-enabled services...

Published 26 Jun, 2022 05:44am

Business & Finance

FTO disposes of 2,500 complaints in nine months

LAHORE: Federal Tax Ombudsman (FTO) Dr Muhammad Asif Jah has disposed of 2,500 complaints in nine months of his...

Published 26 Jun, 2022 05:44am

Business & Finance

‘No electronic selection of tax cases for audit during FY2021-22 by FBR’

LAHORE: The Federal Board of Revenue (FBR) had not selected tax cases for audit electronically during the fiscal ...

Published 26 Jun, 2022 05:44am

Opinion

Taxing nation’s savings – but at what cost?

The budget 2022-23 is continuation of a series of budgets for the last several years that have been increasing tax...

Updated 25 Jun, 2022 05:16pm

Business & Finance

Supertax: revenue impact estimated at Rs80bn

Tax reliefs announced for salaried class on June 10 not only reversed but tax burden on salaried class also considerably increased

Updated 25 Jun, 2022 04:18pm

BR Research

10 million!

It had to be said. This space has questioned many times over the past two or so years since the launch of the grand...

Published 24 Jun, 2022 08:59am

Business & Finance

PHMA slams FBR for delay in payment of ST refund claims

LAHORE: Pakistan Hosiery Manufacturers & Exporters Association (PHMA) Central Chairman Shahzad Azam Khan has ...

Published 24 Jun, 2022 07:18am

Additional taxation measures of over Rs436bn on the cards

ISLAMABAD: The government is finalising additional taxation measures of over Rs 436 billion through amendments in ...

Updated 24 Jun, 2022 01:16pm

Business & Finance

Strategic roadmap: PM selects 7 key areas

ISLAMABAD: Prime Minister, Shehbaz Sharif has selected seven key areas as first step of his strategic roadmap, for...

Published 24 Jun, 2022 06:15am

Business & Finance

Pending refunds: FBR rejects pharma industry’s allegations

ISLAMABAD: The Federal Board of Revenue (FBR) has rejected the allegations of the pharmaceutical industry that the...

Published 24 Jun, 2022 06:15am

Anomaly Committees: Miftah visits FBR HQs where he reviews recommendations

ISLAMABAD: Finance Minister Miftah Ismail reviewed the recommendations of the Anomaly Committees at the Federal ...

Updated 23 Jun, 2022 09:50am

Pakistan

Strike by FBR staff continues: Recovery work, refund processing halted

ISLAMABAD: The Federal Board of Revenue (FBR) field formations including the Large Tax Office (LTO), Islamabad...

Published 23 Jun, 2022 06:05am

FBR achieves budgeted target of Rs5.829trn

ISLAMABAD: The Federal Board of Revenue (FBR) has achieved the budgeted target of Rs5,829 billion set for the whole...

Updated 23 Jun, 2022 09:59am

FTA signing with GCC agreed

ISLAMABAD: Pakistan and Gulf Cooperation Council (GCC) are said to have agreed on signing of Free Trade Agreements...

Updated 23 Jun, 2022 09:55am

Business & Finance

OICCI conveys concerns over tax anomalies in budget proposals

ISLAMABAD: Overseas Investors Chamber of Commerce and Industry (OICCI) has conveyed its concerns over tax anomalies...

Published 22 Jun, 2022 06:45am

Palm oil import sans from Indonesia: FBR abolishes 2pc additional duty

ISLAMABAD: The Federal Board of Revenue (FBR) has abolished 2 per cent additional customs duty on the import of...

Updated 22 Jun, 2022 10:07am

Revenue collection target may be raised to Rs7.42trn

ISLAMABAD: The federal government is expected to increase the revenue collection target of the Federal Board of...

Updated 22 Jun, 2022 10:08am

10pc RD imposed on motor spirit’s import till 30th

ISLAMABAD: The Federal Board of Revenue (FBR) has imposed a 10 percent regulatory duty on the import of motor spirit...

Updated 22 Jun, 2022 10:07am

Editorials

Budget falls far short of IMF conditionalities

EDITORIAL: The budget for 2022-23 not only did not implement key International Monetary Fund (IMF) conditions,...