FTO orders probe against FBR officials ISLAMABAD: The Federal Tax Ombudsman (FTO) has ordered an investigation against the Federal Board of Revenue (FBR)... Published 12 Sep, 2023 06:22am
Business & Finance KTBA points out two more ‘glitches’ in FBR’s ‘IRIS 2.0’ KARACHI: Karachi Tax Bar Association (KTBA) has now highlighted two more glitches in an updated version of FBR’s... Published 12 Sep, 2023 06:22am
Print FBR ‘rues’ WHT deduction on mobile cards ISLAMABAD: The Federal Board of Revenue (FBR) has criticised its policy of withholding tax deduction on mobile... Updated 12 Sep, 2023 09:13am
Business & Finance High interest rates adversely affecting exports, other economic activities: TMA KARACHI: Syed Usman Ali, Senior Vice Chairman of the Towel Manufacturers Association of Pakistan, has raised... Published 12 Sep, 2023 06:22am
Business & Finance Speakers underscore need for abolishing distinction between filer and non-filer ISLAMABAD: The speakers at the Pakistan Institute of Development Economics (PIDE) conference on Sunday said that the... Published 11 Sep, 2023 07:21am
Opinion Sales tax blues Given rampant sales tax evasion and slowdown in consumer demand, the government is highly unlikely to meet its... Published 11 Sep, 2023 06:32am
Business & Finance Cut in taxes on real estate to help attract foreign investment: ICCI ISLAMABAD: Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) has called upon the... Published 11 Sep, 2023 06:32am
Business & Finance Sugar mills: LCCI urges govt to re-introduce track- and-trace system LAHORE: Welcoming the steps being taken by the government to discourage the smuggling of sugar, the Progressive ... Published 11 Sep, 2023 06:32am
Print Unchallenged tax demand case: FTO waiting for tax officials’ response ISLAMABAD: The Federal Tax Ombudsman (FTO) is waiting for the response of the Federal Board of Revenue (FBR), Chief... Updated 11 Sep, 2023 09:05am
Print Four held as IR Intelligence busts ‘fake sales tax invoice mafia’ ISLAMABAD: Inland Revenue Intelligence Directorate Karachi has busted an inter-province gang of fake/ flying sales... Updated 11 Sep, 2023 08:39am
Editorials Economic update and outlook for Aug EDITORIAL: The Economic Update and Outlook for August 2023 uploaded on the Finance Division website ended as always... Published 11 Sep, 2023 06:32am
Print FBR to engage CSOs, NGOs to provide info about improved tax services ISLAMABAD: The Federal Board of Revenue (FBR) will engage civil society organisations (CSOs) and non-governmental... Updated 10 Sep, 2023 09:42am
Print Fake/flying invoices: FBR places safeguards following FTO’s orders ISLAMABAD: The prompt action of the Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has forced the Federal Board of... Updated 10 Sep, 2023 09:43am
Print Major tax drive initiated against defaulters Tax evaders include owners of commercial properties, factories, mills, wholesalers, real estate players, and traders Updated 10 Sep, 2023 05:29pm
Pakistan Customs seizes essential commodities worth Rs2.25bn ISLAMABAD: Pakistan Customs has seized large quantities of essential commodities worth Rs. 2.25 billion in various... Published 09 Sep, 2023 06:20am
Print Fake/flying invoices: Taxmen told to conduct probe into cases of big cos ISLAMABAD: The Federal Board of Revenue (FBR) has directed the tax officials to investigate cases of commercial... Updated 09 Sep, 2023 09:01am
Editorials So much for track and trace EDITORIAL: It seems we can’t go even a few days without receiving some sort of bad news from the tax and revenue... Published 09 Sep, 2023 06:20am
Opinion SOEs, fiscal discipline & reforms Despite a wave of privatization in the last 3 decades, SOEs still contribute significantly to the economic growth of... Updated 08 Sep, 2023 06:31am
Print Now Blome calls on commerce minister ISLAMABAD: United States Ambassador to Pakistan Donald Blome on Thursday called on the caretaker Federal Minister... Updated 08 Sep, 2023 08:54am
Business & Finance Tax system being digitised under reform process: PM ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar Thursday stated the country’s tax system is being digitised... Updated 08 Sep, 2023 09:22am
Business & Finance FTO body identifies three key maladministration in FBR ISLAMABAD: The Advisory Committee of the Federal Tax Ombudsman (FTO) on Thursday identified three key... Published 08 Sep, 2023 06:01am
Business & Finance FBR finalises Stakeholder Engagement Plan ISLAMABAD: The Federal Board of Revenue (FBR) has chalked out a Stakeholder Engagement Plan (SEP) to engage... Published 08 Sep, 2023 06:01am
Business & Finance Manufacturing premises of cement, fertiliser, sugar sectors: Installation of independent production monitoring devices suggested ISLAMABAD: The inquiry committee on implementation of Track and Trace System (TTS) has strongly recommended... Published 08 Sep, 2023 06:01am
Business & Finance Exporters of copper ingots facing problems ISLAMABAD: The exporters of copper ingots to China are facing problems due to indecision on the part of FBR in... Published 08 Sep, 2023 06:01am
Print PM lays focus on tax reforms, sell-off process Says increasing tax collection is the foremost priority of the government Updated 07 Sep, 2023 09:51am
Print Economic update for August: Upward adjustment in energy tariffs, fuel price hike to strain inflationary pressures: MoF ISLAMABAD: The Finance Ministry Wednesday said the upward adjustment in energy tariffs and further increase in fuel... Updated 07 Sep, 2023 09:33am
Pakistan Sect 223 of Customs Act confers broad, general power on FBR: SC ISLAMABAD: The Supreme Court noted that Section 223 of the Customs Act, 1969, confers a broad and general power, of... Published 07 Sep, 2023 06:21am
Business & Finance Textile export boost key to economic revival: TMA KARACHI: Syed Usman Ali, Senior Vice Chairman of the Towel Manufacturers Association of Pakistan has expressed... Published 07 Sep, 2023 06:21am
Business & Finance KTBA complains about ‘problematic’ IRIS portal KARACHI: Taxpayers are still facing difficulties in complying with tax filing requirements due to persistent issues... Updated 07 Sep, 2023 06:46am
Editorials A little light at the end of the tunnel? EDITORIAL: A visible intent of the stakeholders to deal with smuggling and endemic corruption recently shared during... Published 07 Sep, 2023 06:21am