Taxing work and subsidising non-work Turns out that there’s a Salaried Class Alliance (SCA), based in Karachi, which describes itself as a... Updated 27 Jul, 2023 07:00am
Print FBR seeks amendment to Sec 2(37) of ST Act ISLAMABAD: The scope of ‘sales tax fraud’ is intended to be enlarged by the Federal Board of Revenue (FBR) by... Updated 27 Jul, 2023 08:56am
Business & Finance Unchallenged income tax demands: FTO orders probe against FBR officials for delay in recovery ISLAMABAD: The Federal Tax Ombudsman (FTO) has ordered to conduct an investigation against senior officials of the... Published 27 Jul, 2023 06:26am
Business & Finance FPCCI demands withdrawal of hike in power tariff KARACHI: Echoing the collective concerns of the business, industry and trade community of Pakistan, Irfan Iqbal... Published 27 Jul, 2023 06:26am
Pakistan FBR chairman visits RTO Rawalpindi ISLAMABAD: Federal Board of Revenue (FBR) Chairman Asim Ahmad visited the Regional Tax Office Rawalpindi on Tuesday,... Published 26 Jul, 2023 06:17am
Pakistan Inland Revenue Service Islamabad/Rawalpindi Region: Officers host farewell dinner in honour of FBR chairman ISLAMABAD: Officers of Inland Revenue Service Islamabad/Rawalpindi Region hosted a farewell dinner in honour of Asim... Published 26 Jul, 2023 06:17am
Business & Finance FBR wing criticised for failing to address ATL issue ISLAMABAD: The Federal Board of Revenue (FBR) Policy and Information Technology Wing should immediately address the... Published 26 Jul, 2023 06:17am
Print Supplies to unregistered persons: ‘Further Tax’ rate raised to 4pc ISLAMABAD: The Federal Board of Revenue (FBR) has increased the rate of ‘Further Tax’ from three to four percent on... Updated 26 Jul, 2023 09:08am
Print ECs can import dollars in cash through cargo or security companies KARACHI: The State Bank of Pakistan (SBP) Tuesday night allowed the Exchange Companies import of cash US dollars... Updated 26 Jul, 2023 04:21pm
Print Senior officers of IR, Customs: Dar declines to share assets’ details ISLAMABAD: Finance Minister Ishaq Dar has declined to share with the upper house of the Parliament the assets’... Updated 26 Jul, 2023 09:37am
Pakistan Private medical colleges violating tax laws ISLAMABAD: Private medical colleges are involved in serious violations of income tax laws including non-deduction of... Published 25 Jul, 2023 06:20am
Business & Finance Pensioners, senior citizens, members of Shuhada families: FTO to probe against FBR for computing wrong income tax liability ISLAMABAD: The Federal Tax Ombudsman (FTO) has decided to conduct an investigation against the Federal Board of... Published 25 Jul, 2023 06:20am
Business & Finance Tax under Section 7E on immoveable properties: Inland revenue chief commissioners issued instructions ISLAMABAD: The Federal Board of Revenue (FBR) Monday issued draft of proposed amendments in the Inland Revenue... Published 25 Jul, 2023 06:20am
Business & Finance Punjab govt decides to revamp sales tax on services strategy LAHORE: The Punjab government has decided to revamp its strategy on the sales tax on services (STS) to make its... Published 25 Jul, 2023 06:20am
Business & Finance Pensioners, senior citizens, members of Shuhada families: FBR faces probe for computing wrong income tax liability ISLAMABAD: The Federal Tax Ombudsman (FTO) has decided to conduct an investigation against the Federal Board of... Published 25 Jul, 2023 06:20am
Editorials Tax proposals by the IMF EDITORIAL: The $3 billion nine-month-long Stand-By Arrangement (SBA) approved by the International Monetary Fund... Updated 25 Jul, 2023 06:49am
Print Goods under brand name, trademark: Bulk supplies chargeable to GST: FBR ISLAMABAD: The Federal Board of Revenue (FBR) will charge sales tax on bulk supplies of goods made under brand names... Updated 25 Jul, 2023 10:03am
Business & Finance FBR required to expedite WHT audit of NHA to recover billions of rupees ISLAMABAD: In line with the order of the Federal Tax Ombudsman (FTO), the Federal Board of Revenue’s (FBR)... Updated 24 Jul, 2023 06:47am
Business & Finance Traders reject power tariff hike, term it ‘anti-growth’ step PESHAWAR: Traders community rejected frequent increase in power tariff terming it as detrimental for economy,... Published 24 Jul, 2023 06:11am
Print Tax on immovable properties: FBR urged to give taxpayers online declaration option ISLAMABAD: The Federal Board of Revenue (FBR) should introduce an option for the taxpayers in the online declaration... Updated 24 Jul, 2023 09:29am
Business & Finance Expert says EPT on windfall profits tantamount to double taxation ISLAMABAD: The Excess Profit Tax (EPT) or additional tax on companies making windfall profits is against the basic... Published 23 Jul, 2023 03:25am
Business & Finance National Sales Tax Return module: PTBA urges FBR chief to remove glitches LAHORE: The Pakistan Tax Bar Association (PTBA) approached the chairman of the Federal Board of Revenue (FBR) for... Published 23 Jul, 2023 03:25am
Print Dar informs National Assembly: No new tax on agriculture, real estate sectors ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Ishaq Dar said that the government would not impose... Updated 22 Jul, 2023 10:01am
Print Illicit trade: Cigarette makers question FBR’s performance ISLAMABAD: Leading cigarette manufacturers Friday raised serious questions over the performance of the Federal Board... Updated 22 Jul, 2023 09:45am
Business & Finance FTO exposes ‘illegal’ tax recovery by FBR ISLAMABAD: Federal Tax Ombudsman (FTO) has exposed an illegal tax recovery by the Federal Board of Revenue (FBR)... Published 22 Jul, 2023 06:06am
Editorials Rise in clearance of imports, exports EDITORIAL: The Federal Board of Revenue (FBR) during a meeting with a World Bank mission revealed that it increased... Updated 22 Jul, 2023 06:40am
Opinion Another hybrid body needed to widen the tax net The addition of Special Facilitation Investment Council (SFIC) to the already existing hybrid organization and... Updated 21 Jul, 2023 07:12am
Editorials Power sector challenges EDITORIAL: The IMF (International Monetary Fund) has taken a rather sombre view of Pakistan’s structural issues in... Published 21 Jul, 2023 06:38am
Print Finance bill: Bureaucracy can devise ‘zero tax’ regime Senate Standing Committee on Finance holds meeting under chairmanship of Senator Saleem Mandviwalla Updated 21 Jul, 2023 09:48am
Business & Finance SECP registers 27,746 new companies in FY 2022-23 ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 27,746 new companies in the FY... Published 21 Jul, 2023 06:38am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?