Old COE/used stores of civil armed forces exempted from tax ISLAMABAD: The Federal Board of Revenue (FBR) has exempted sales tax on old contingent-owned equipment (COE) or used... Updated 04 Jan, 2023 09:45am
Pakistan Caretaker govt to be formed by March, says Shabbar KARACHI: Former chairman of the Federal Board of Revenue (FBR) Shabbar Zaidi claimed Tuesday that a caretaker setup... Published 04 Jan, 2023 06:02am
Business & Finance FBR launches various modules for facilitation of exporters under EFS LAHORE: The Federal Board of Revenue (FBR) has developed and launched various modules for facilitation of exporters... Published 04 Jan, 2023 06:02am
Print Immovable properties in Lahore FBR revises downward valuation rates ISLAMABAD: The Federal Board of Revenue (FBR) has revised downward valuation rates of the immovable properties... Updated 04 Jan, 2023 09:43am
Editorials Analysing the inflationary spiral EDITORIAL: December 2022 headline inflation (Consumer Price Index) rose by 24.5 percent as per the Pakistan Bureau ... Published 04 Jan, 2023 06:02am
Print Early closure of markets announced Markets to close by 8.30pm, wedding halls by 10pm; Punjab rejects plan, KPK is ambivalent Prices of 20 essential medicines decreased Updated 04 Jan, 2023 09:40am
Print SRB collects record revenue of Rs17.6bn in December KARACHI: Sindh Revenue Board (SRB) has made a record revenue collection of Rs 17.6 billion in December 2022.... Updated 03 Jan, 2023 09:01am
Print Petroleum levy on HSD hiked ISLAMABAD: After maxing out on the legislated petroleum levy on petrol at 50 rupees per litre effective 1 November,... Updated 03 Jan, 2023 09:04am
Print GST or duty on imported DAP fertilizer: Body to analyse proposal of industry ISLAMABAD: The government has constituted a committee to analyse a proposal of the domestic industry to impose... Updated 03 Jan, 2023 09:07am
Business & Finance Resolving tax-related issues: Most taxpayers not aware of FTO’s ADR mechanism ISLAMABAD: Taxpayers are not aware that the decisions of the Federal Tax Ombudsman (FTO) under the facility of the... Published 03 Jan, 2023 03:25am
Editorials Adherence to IMF deal is an imperative EDITORIAL: Prime Minister Shehbaz Sharif while addressing a press conference stated that Pakistan has no other ... Published 03 Jan, 2023 03:25am
Business & Finance LTO Lahore’s ‘attitude’: LTBA seeks intervention of FBR member ISLAMABAD: The Lahore Tax Bar Association (LTBA) has asked the Federal Board of Revenue’s (FBR) Member for Inland... Published 03 Jan, 2023 03:25am
Business & Finance FCCI to propose steps for stopping rupee devaluation FAISALABAD: Faisala-bad Chamber of Commerce & Industry (FCCI) will recommend immediate steps to check the... Published 02 Jan, 2023 06:43am
Business & Finance KTCL largest taxpayer firm of KP, show FBR data ISLAMABAD: The Federal Board of Revenue (FBR) data revealed that the Khyber Tobacco Company Limited (KTCL) is the... Published 02 Jan, 2023 05:54am
Print KTBA not happy as FBR issues audit notices to taxpayers KARACHI: Federal Board of Revenue (FBR) has started issuing audit notices under section 177 of the Income Tax... Updated 02 Jan, 2023 08:44am
Opinion All is far from well The state of the economy today should be a source of serious concern to the eleven-party coalition government in... Published 02 Jan, 2023 05:54am
Opinion To many it sounds like PDM wants to have its cake and eat it The plot thickens. With SBP’s (State Bank of Pakistan’s) forex reserves expected to fall below $5 billion in a... Published 02 Jan, 2023 05:54am
Editorials Reluctant retailers EDITORIAL: Good luck to the Senate standing committee on finance as it tries to drag two million reluctant retailers... Published 02 Jan, 2023 05:54am
Business & Finance FBR misses Dec target: Rs225bn revenue shortfall ISLAMABAD: The Federal Board of Revenue (FBR) has suffered a massive revenue shortfall of Rs 225 billion during... Updated 01 Jan, 2023 10:07am
Print Imported hybrid steam boiler subject to 11pc duty: FBR ISLAMABAD: The customs classification committee of the Federal Board of Revenue (FBR) has declared that the imported... Updated 01 Jan, 2023 10:07am
Business & Finance Federal Tax Ombudsman’s powers, jurisdiction explained ISLAMABAD: The Federal Tax Ombudsman (FTO) has the stature of Supreme Court judge and he can award six months’... Published 31 Dec, 2022 07:41am
Business & Finance Dec collection stands at Rs710bn ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs 710 billion in 30 days of December 2022... Published 31 Dec, 2022 07:00am
Print FBR notifies PSW Evidence of Identity Rules, 2022 ISLAMABAD: The Federal Board of Revenue (FBR) has directed all persons engaged in cross-border trade transactions to... Updated 31 Dec, 2022 08:33am
Print Imports: Dar rejects ‘flood levy’ proposal ISLAMABAD: Finance Minister Ishaq Dar has rejected the proposal to impose flood levy on the import of non-essential... Updated 31 Dec, 2022 08:46am
Print Jul-Oct: Fiscal deficit rises 1.5pc of GDP to Rs1.266trn YoY ISLAMABAD: Overall, the fiscal deficit has increased to 1.5 percent of GDP (Rs1,266 billion) during July-October... Updated 31 Dec, 2022 08:50am
Opinion 2023: year of non-neoliberal, non-austerity, counter-cyclical reform policy Agreed, Pakistan’s credit default swap (CDS) risk has increased substantially during the current year, that it has... Updated 30 Dec, 2022 06:28am
Business & Finance Customs asked to adopt standard units of measurement for 7,575 items ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday directed all field formations of Customs to adopt standard... Published 30 Dec, 2022 05:50am
Business & Finance Ministry directed to convene meeting of SAB for taking decision on sugar exports ISLAMABAD: The government has directed Ministry of National Food Security and Research to convene a meeting of Sugar... Published 30 Dec, 2022 05:50am
Business & Finance Erstwhile tribal areas: Steel and ghee/cooking industries told to justify tax exemption demand ISLAMABAD: Minister of State for Finance Aisha Ghaus Pasha Thursday categorically conveyed to the steel and... Updated 30 Dec, 2022 08:42am
Print Notice issued to Shabbar withdrawn on FTO’s order ISLAMABAD: The timely intervention of the Federal Tax Ombudsman (FTO) has resulted in the withdrawal of an illegal... Updated 30 Dec, 2022 08:42am