Tax year 2023: Draft of ‘Individual Paper Return’ issued ISLAMABAD: The Federal Board of Revenue (FBR) has issued the draft of the “Individual Paper Return” for the tax... Published 20 Jun, 2023 03:16am
Business & Finance Multinational cos propose 30pc cut in FED on cigarettes ISLAMABAD: A multinational cigarette manufacturing company has approached the government to reduce the Federal ... Published 20 Jun, 2023 03:16am
Print Super tax waiver, tax on real estate, agri sectors in phases proposed ISLAMABAD: The Senate on Monday proposed 55 recommendations and changes in the Finance Bill 2023 including the... Updated 20 Jun, 2023 08:58am
Editorials Budget doesn’t help govt broaden tax base EDITORIAL: The International Monetary Fund (IMF) has lamented the missed opportunity to broaden the tax base in the... Published 19 Jun, 2023 07:08am
Business & Finance Tax exemption for erstwhile Fata/Pata becomes bone of contention PESHAWAR: Tax exemption to the industrial units of the erstwhile Federal Administered Tribal Area (FATA) and... Published 19 Jun, 2023 06:55am
Business & Finance Units in erstwhile tribal areas: Kitty to suffer Rs45bn loss due to one-year extension of exemption from duties, taxes ISLAMABAD: The one-year extension in exemption from duties and taxes for the erstwhile tribal areas would cause a... Published 19 Jun, 2023 06:55am
Business & Finance Revival of film industry: Cinemas given 10-year tax amnesty: Marriyum ISLAMABAD: Minister for Information and Broadcasting Marriyum Aurangzeb on Sunday said that income of cinemas has... Published 19 Jun, 2023 06:55am
Business & Finance UBG demands waiver of freight tax KARACHI: The chairman of United Business Group (UBG), Shahzad Malik, has complimented the FBR team for compiling an... Published 19 Jun, 2023 06:55am
Business & Finance FPCCI chief speaks about various budget ‘anomalies’ KARACHI: President Federation of Pakistan Chambers of Commerce and Industry (FPPCI) Irfan Iqbal Sheikh has said ... Published 18 Jun, 2023 06:07am
Business & Finance Member Customs, FBR visits LCCI: Factors hampering regional trade growth highlighted LAHORE: Member Customs, FBR Mukarram Jah Ansari has said that lack of banking channels with Iran, ... Published 18 Jun, 2023 06:07am
Print Expert says country would not default Ashfaq Tola says govt has not introduced any tax amnesty scheme in the budget and that any ambiguity related to such a scheme would be resolved before the International Monetary Fund (IMF) Updated 18 Jun, 2023 07:49pm
Print WHT deduction, monitoring: 34 banks declared SWAPS agents ISLAMABAD: The Federal Board of Revenue (FBR) has declared 34 banks as ‘SWAPS’ agents (withholding agents) for the... Updated 18 Jun, 2023 10:05am
Print Banks recording WHTs on real-time basis, FBR informs FTO ISLAMABAD: The Federal Board of Revenue (FBR) has informed the Federal Tax Ombudsman (FTO) that all bank branches... Updated 18 Jun, 2023 10:09am
Pakistan Customs seizes smuggled cigarettes worth Rs303m KARACHI: Customs Intelligence on Friday claimed to have seized smuggled cigarettes worth Rs. 303 million during a... Published 17 Jun, 2023 06:13am
Opinion Don’t take IMF seriously? “Alice in wonderland” is an all time classic and one of my favourite books. It is about the story of a ... Updated 17 Jun, 2023 07:08am
Opinion Elusive IMF bailout: the end of the road? The International Monetary Fund (IMF) and the country’s political situation are the two main issues that are... Updated 17 Jun, 2023 07:10am
Print FY2023-24 budget: Govt describes tax exemptions as growth ‘triggers’ Says it is sustainable path to provide employment and livelihood to common citizen Updated 17 Jun, 2023 09:00am
Print Bonus share, super tax: Senate panel rejects all sections of Finance Bill All deferred items of Customs Act were accepted after due deliberation Updated 17 Jun, 2023 12:37pm
Opinion Understanding and addressing fault lines—II b. Selling Cheap: Except from 1971 to 1977 on the economic policy side, there was complete unconditional surrender... Updated 16 Jun, 2023 06:47am
Business & Finance Govt accused of giving boost to undocumented retail sector thru budget LAHORE: The budget 2023-24 has given more relaxation to the undocumented and unregistered retail sector and... Published 16 Jun, 2023 06:27am
Editorials Whither the economy EDITORIAL: The budget for 2023-24 fails to curtail expenditure (and instead raised current expenditure by 26.5... Published 16 Jun, 2023 06:27am
Print Moody’s disputes govt’s growth assumption Says Government of Pakistan’s budget lacks major revenue-raising or spending-containment measures to alleviate intense government liquidity pressures Updated 16 Jun, 2023 08:54am
Business & Finance NA told: Tobacco sector tax evasion touches Rs240bn mark ISLAMABAD: The parliamentarians were informed during the National Assembly session that the tax evasion in the... Published 16 Jun, 2023 06:27am
Opinion Is textile sector ‘rent seeker’? The textile exporters of Pakistan are fond of championing that textile is the backbone of the economy and that it is... Updated 15 Jun, 2023 06:28am
Business & Finance Mobile Phone Traders team meets PTA chief ISLAMABAD: A delegation representing the All Pakistan Mobile Phone Traders Association led by General Secretary,... Published 15 Jun, 2023 06:03am
Business & Finance Inland Revenue officials: FBR to give cash awards on ‘extraordinary performance’ ISLAMABAD: The Federal Board of Revenue (FBR) will give cash rewards to the Inland Revenue officials who show... Published 15 Jun, 2023 06:03am
Business & Finance Temporarily imported by Arab hunters: FBR asked to confiscate ‘misused’ foreign number-plate vehicles ISLAMABAD: The Senate Standing Committee on Finance has directed the Federal Board of Revenue (FBR) to immediately... Published 15 Jun, 2023 06:03am
Business & Finance FBR using RD as revenue ‘tool’: Senate panel ISLAMABAD: A meeting of the Senate Standing Committee has expressed concern over regulatory duty being used by the... Published 15 Jun, 2023 06:03am
Business & Finance There’s tax evasion of Rs500bn in real estate sector alone: Asif ISLAMABAD: Defence Minister Khawaja Asif Wednesday said ‘elite capture’ is the root of all socioeconomic ills as... Published 15 Jun, 2023 06:03am
Editorials Ambitious Sindh budget EDITORIAL: Sindh Chief Minister Syed Murad Ali Shah presented an ambitious Rs 2.2 trillion provincial budget for... Published 15 Jun, 2023 06:03am