Jul-Feb: FBR collection shows Rs240bn shortfall After the imposition of taxes of Rs 170 billion in the mini-budget, the new annual tax target of the FBR fixed at Rs7.64 trillion Updated 05 Mar, 2023 01:42pm
Business & Finance PALSP seeks govt’s support for export industry of recycled copper LAHORE: Members of Pakistan Association of Large Steel Producers (PALSP) on Saturday appealed to the government to... Published 05 Mar, 2023 03:36am
Business & Finance Releasing refunds is not wrong, says Shabbar Zaidi Former FBR chief says they are handled by field officers Published 04 Mar, 2023 07:32pm
Business & Finance FBR imposes sales tax on import of printed materials ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) has imposed sales tax on the... Published 04 Mar, 2023 06:10am
Business & Finance FBR to issue legal clarification about scope of builders & developers ISLAMABAD: The Federal Board of Revenue (FBR) will issue a legal clarification whether contractors involved in ... Published 04 Mar, 2023 06:10am
Business & Finance Firms urged to improve their accounting system KARACHI: Chief Commissioner of Income Tax, Corporate Tax Office Karachi Dr. Najeeb Ahmed Memon has said that... Published 04 Mar, 2023 06:10am
Print 1HFY23: Non-tax revenue collection of govt stands at Rs896.434bn ISLAMABAD: Non-tax revenue collection of federal government stood at Rs 896.434 billion during the first six months... Updated 04 Mar, 2023 09:08am
Print 25pc ST on luxury goods’ import awaits cabinet’s nod ISLAMABAD: Federal Cabinet has yet not approved 25 percent sales tax on the import of hundreds of luxury items and... Updated 04 Mar, 2023 09:03am
Business & Finance Analyst calls for developing SME sector for sustainable future LAHORE: Renowned political economist Dr Shahid Javed Burki on Thursday emphasized upon enhancing ratio of domestic... Published 03 Mar, 2023 07:26am
Business & Finance Taxpayers excluded from ATL ‘despite interim relief against deemed income’ LAHORE: Federal Board of Revenue (FBR) has excluded names of taxpayers from the Active Taxpayer List (ATL) despite... Published 03 Mar, 2023 07:21am
Print Pension, subsidies & cut in SOEs’ losses: ‘Structural reforms’ being introduced thru budget: Dar Proposed austerity measures come under consideration during Federal Cabinet meeting Updated 03 Mar, 2023 11:46am
Opinion Developing countries’ lost decade? Global average temperatures have reached 1.2 degrees centigrade above the pre-industrial era, and most scientific... Updated 03 Mar, 2023 06:58am
Business & Finance Well-known outlet sealed over failure to install PoS app RAWALPINDI: The Regional Tax Office (RTO), Rawalpindi, on Thursday sealed a famous business outlet over failure to... Published 03 Mar, 2023 06:12am
Opinion Disclosure of beneficial ownership by companies General: These notes represent our views and comments on the draft rules proposed to be inserted in the Income Tax... Updated 02 Mar, 2023 07:13am
Opinion Past the point of no return! For weeks noted economists and economic researchers have cited numerous indicators, like low foreign exchange... Updated 02 Mar, 2023 06:51am
Business & Finance FBR Peshawar tightens noose against tax evaders PESHAWAR: Regional Tax Office (RTO) Peshawar, Federal Board of Revenue (FBR) has tightened the noose against tax... Published 02 Mar, 2023 06:23am
Business & Finance ‘Arbitrary’ notices irk beverage firms LAHORE: Issuance of arbitrary tax notices to the beverage sector firms without referring disputed matters to the... Published 02 Mar, 2023 06:23am
Business & Finance FBR surpasses Feb revenue collection target ISLAMABAD: The Federal Board of Revenue (FBR) has exceeded the assigned revenue collection target of Rs 527 billion... Published 02 Mar, 2023 06:23am
Business & Finance Textile exporters: FBR vows to ensure speedy refund payments ISLAMABAD: The Federal Board of Revenue (FBR), Wednesday, assured textile exporters of restoring speedy payment of... Published 02 Mar, 2023 06:23am
Business & Finance Early closure of markets: APTMA North urges govt to hold talks LAHORE: Chairman All Pakistan Textile Mills Association (APTMA) North, Hamid Zaman, has urged the government to take... Published 01 Mar, 2023 06:21am
Opinion IMF conditionalities: fiscal reforms The International Monetary Fund (IMF) typically imposes a series of conditions on countries that receive financial... Published 01 Mar, 2023 06:21am
Business & Finance Rs2bn shortfall in Feb collection ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs 525 billion in February 2023 against ... Published 01 Mar, 2023 06:21am
Business & Finance Initial registration with FBR: Firms, AOPs to furnish details of beneficial owners ISLAMABAD: Every company and association of person (AOP) on its initial registration with Federal Board of Revenue... Published 01 Mar, 2023 06:21am
Business & Finance Despite orders, failure to impose penalties on officials irks FBR chief ISLAMABAD: The Federal Board of Revenue (FBR) chairman has taken serious notice of the instances where heads of ... Published 01 Mar, 2023 06:21am
Business & Finance FBR’s audit wings accused of violating law on attaching taxpayers’ bank accounts LAHORE: The audit wings of the Federal Board of Revenue (FBR) are violating law related to attachment of bank... Published 01 Mar, 2023 06:21am
Print MoF says inflation likely to remain high in coming months ISLAMABAD: Inflation is expected to remain high in the coming months around 28 to 30 percent consequent to uncertain... Updated 01 Mar, 2023 09:06am
Print ‘Advance to Deposit Ratio’: Higher rate of tax will not apply on banks for TY 2024 ISLAMABAD: The higher rate of tax for “Advance to Deposit Ratio” will not apply on banks for tax year 2024, ... Updated 01 Mar, 2023 09:05am
Print 17pc tax applicable on mobile phones valuing above $200 ISLAMABAD: There is no change in sales tax regime of locally manufactured mobile phones and imported mobile phones... Updated 01 Mar, 2023 09:04am
Editorials Sensitive Price Index: data firm yet sensitive EDITORIAL: The Sensitive Price Index (SPI) computed on weekly basis to assess the price movement of 51 essential... Published 28 Feb, 2023 06:15am
Opinion Progressive fiscal policy The Managing Director, Kristalina Georgieva, of the IMF (International Monetary Fund) has said recently in the... Published 28 Feb, 2023 06:15am