Trends - FBR - Business Recorder

FBR

Import of luxury items ST: FBR empowered to impose higher rate of 25pc

ISLAMABAD: The Finance (Supplementary) Act, 2023 has empowered the Federal Board of Revenue (FBR) to impose a higher...

Updated 24 Feb, 2023 08:45am

Debt and debt instruments: Profit on debt and capital gains given tax exemption

ISLAMABAD: The Federal Board of Revenue (FBR) has exempted income tax on profit on debt and capital gains from debt...

Updated 24 Feb, 2023 08:44am

Business & Finance

PTEA appeals for govt measures to rescue ailing Punjab units

FAISALABAD: Extreme cash flow problems and high production costs have greatly damaged the prospects for growth in...

Published 23 Feb, 2023 07:30am

Business & Finance

FBR to continue inspecting vehicles having no import papers

ISLAMABAD: The Federal Board of Revenue (FBR) will continue the search and inspection of vehicles of goods...

Published 23 Feb, 2023 06:35am

Govt, KE ink deal to settle Rs312.7m dispute

ISLAMABAD: The federal government and K-Electric (KE) are said to have inked a pact to settle 27-year old dispute of...

Updated 23 Feb, 2023 09:23am

Business & Finance

FBR’s online system showing govt depts as ‘inactive’

ISLAMABAD: The Federal Board of Revenue’s (FBR) online system is showing the status of government departments/...

Published 23 Feb, 2023 05:52am

Business & Finance

Lack of banking channel obstacle to enhancing Pak-Iran trade: CG

KARACHI: Consul General of Iran Hasan Noorain has said that the volume of bilateral trade has reached 2 billion US...

Published 23 Feb, 2023 05:52am

Challenge of Rs2.3trn litigations: FBR shares plan with Senate body

ISLAMABAD: The Federal Board of Revenue (FBR) shared a plan with the Senate Standing Committee on Finance to deal...

Updated 22 Feb, 2023 09:07am

South Korean firm seeks extension in taxes

ISLAMABAD: South Korean power firm, M/s KOEN has sought extension in taxes till June 30, 2024 arguing that ...

Updated 22 Feb, 2023 09:08am

Business & Finance

Excessive deductions: FTO asks FBR to stop taxing hired lecturers

LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has directed the Federal Board of Revenue (FBR) to stop...

Published 22 Feb, 2023 03:30am

Business & Finance

SCBPL delivers record financial performance

KARACHI: Standard Chartered Bank Pakistan Limited (SCBPL) has delivered a record profit before tax of Rs 50.1...

Published 22 Feb, 2023 03:30am

Editorials

Economic reforms

EDITORIAL: The latest salvo to the country’s leadership urging them to tax the rich and provide subsidies only to...

Published 22 Feb, 2023 03:30am

Business & Finance

Over 600 luxury items: Time period extension: SROs unveiled

ISLAMABAD: The Federal Board of Revenue (FBR) Tuesday extended the time period up to March 31, 2023, for...

Published 22 Feb, 2023 03:30am

IMF, not govt, responsible for stalled lending?

Ministry of Finance claims the government had been requesting IMF to send the mission since October, 2022

Updated 22 Feb, 2023 11:01am

Opinion

Surging govt debt

The statistics on total debt of Pakistan as of end-December 2022 has been released recently by the SBP (State Bank ...

Published 21 Feb, 2023 05:58am

Business & Finance

Jul-Jan: C/A falls hugely on import curbs

KARACHI: The country’s current account deficit (CAD) sharply fell by 67 percent during the first seven months of...

Published 21 Feb, 2023 05:57am

Editorials

Raise in FBR tax collection target

EDITORIAL: Additional taxation measures of 170 billion rupees tabled in parliament on 15 February by Finance ...

Published 21 Feb, 2023 05:57am

Finance (Supplementary) Bill, 2023 adopted: NA acquiesces to IMF tax stipulation

Finance Minister Ishaq Dar says bill proposed to minimise fiscal deficit

Updated 21 Feb, 2023 12:01pm

Air tickets: new rates of FED fixed

According to the new rates, the FED would be applicable on club, business and first-class air tickets issued on or after the date of commencement of the Finance (Supplementary) Bill 2023

Updated 21 Feb, 2023 12:40pm

Imposing/raising time-bound RDs, ACDs: FBR extends time period to March 31st for over 600 luxury items

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to extend the time period up to March 31, 2023, for...

Updated 21 Feb, 2023 09:00am

Business & Finance

IMF bailout alone cannot put economy back on track, says BMP

LAHORE: As the annual inflation rate has hit the new high of 38.42 percent for the previous week the Federation of...