Timing of needed decisions critical EDITORIAL: The PML-N (Pakistan Muslim League-Nawaz), occupying nearly all economic-related ministries, barring... Published 30 Nov, 2022 05:53am
Business & Finance Key postings, transfers in FBR notified ISLAMABAD: Following detection of suspected cases of mis-declaration and evasion of duties and taxes at Sost Dry... Published 30 Nov, 2022 05:53am
Business & Finance Export of refined sugar: govt, PSMA fail to reach decision ISLAMABAD: Pakistan sugar industry is eyeing earning an estimated profit of Rs35 billion by exporting one million... Updated 30 Nov, 2022 09:54am
Business & Finance Steps to boost coordination among provinces: World Bank notes slow progress on exchange of taxpayers’ data with FBR ISLAMABAD: The World Bank has noted slow progress in measures to strengthen provincial coordination on exchange of... Published 29 Nov, 2022 05:57am
Pakistan ATIR order in business family case: IHC issues notices to respondents in FBR’s 20 appeals ISLAMABAD: The Islamabad High Court (IHC) has issued notices in the Federal Board of Revenue’s 20 appeals against... Published 29 Nov, 2022 05:57am
Print Tax-exempted areas: FBR sets up checkposts to monitor supplies ISLAMABAD: The Federal Board of Revenue (FBR) has established 16 Inland Revenue check posts with mobile teams on the... Updated 29 Nov, 2022 09:45am
Business & Finance Amount involved in pending court cases touches Rs2.58trn mark ISLAMABAD: The amount involved in tax-related cases under litigation now stands at nearly Rs2,582 billion and the... Published 29 Nov, 2022 05:57am
Editorials MPS makes grim but unsurprising reading EDITORIAL: The Monetary Policy Committee (MPC) raised the policy rate by 100 basis points to 16 percent, reflecting... Published 28 Nov, 2022 06:09am
Pakistan Pakistan Railways reduces fares of freight trains LAHORE: Pakistan Railways on Saturday announced to reduce the fares of its freight trains. The decision has been... Published 27 Nov, 2022 05:58am
Opinion Application of slag in steel, other industries The steel industry of Pakistan has been facing a number of challenges including but not limited to import of raw... Published 27 Nov, 2022 05:58am
Business & Finance Suspected consignments, delinquent staff: FBR endorses DGI&I Sost’s enforcement action ISLAMABAD: The Federal Board of Revenue (FBR) has fully endorsed the enforcement action of the Directorate General... Updated 27 Nov, 2022 09:41am
Print Tax reforms recommendations to FBR: Supertax has successful large businesses: PBC ISLAMABAD: The Pakistan Business Council (PBC) has observed that the supertax has penalised successful large... Updated 27 Nov, 2022 09:41am
Business & Finance FBR widens probe into tax record leak of COAS, family LAHORE: The Federal Board Revenue (FBR) on Saturday included three more income tax officers in the investigation of... Updated 27 Nov, 2022 09:43am
Editorials Incorrigible FBR EDITORIAL: A ‘unique scam involving tax officials’ unearthed by the Federal Tax Ombudsman (FTO), according to a... Published 27 Nov, 2022 05:58am
Pakistan Bar in Article 212 of Constitution applicable: IR officers’ posting falls within T&C of civil servant: SHC ISLAMABAD: The Sindh High Court (SHC), dismissing the petitions of the Inland Revenue Department officers, held that... Published 26 Nov, 2022 04:13am
Print Owned by resident Pakistanis: FBR starts taxing hundreds of foreign properties FBR has exercised its right of taxation of such foreign rental income in Pakistan and the owners of such properties are entitled to take tax credit Updated 27 Nov, 2022 12:24am
Business & Finance Import of PAU by Roche Pakistan: CCC’s ruling resolves duty, tax assessment issue ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) has given a decision in favour... Published 26 Nov, 2022 04:13am
Business & Finance All export-related issues: IOCO cheif offers to form body with APTMA for solving problems LAHORE: Input Output Coefficient Organisation (IOCO) of Federal Board of Revenue has offered to constitute a joint... Published 25 Nov, 2022 07:14am
Pakistan Reko Diq reference: Proposed foreign investment bill aimed at ensuring economic growth, SC told ISLAMABAD: The additional attorney general (AAG) informed the Supreme Court that the underlining objective of the... Published 24 Nov, 2022 04:28am
Opinion IT export sector – II Is there any taxation problem for the IT export sector? This problem is with how Federal Board of Revenue (FBR), the... Published 24 Nov, 2022 04:28am
Markets PSMA says there’s no sugar shortage in country LAHORE: Pakistan Sugar Mills Association (Punjab Zone) has categorically denied a news item in the media regarding... Updated 24 Nov, 2022 09:38am
Print Telecom sector: Ministry takes up WHT issue with Finance Division, FBR ISLAMABAD: The Ministry of Information Technology and Telecommunication has taken up the issue of withholding tax on... Updated 24 Nov, 2022 09:41am
Print FBR concedes collecting significant amount of revenue thru power bills ISLAMABAD: The Federal Board of Revenue (FBR) has conceded before a parliamentary panel of collecting a significant... Updated 24 Nov, 2022 09:45am
Business & Finance Rs965bn revenue collection target set for Dec ISLAMABAD: The revenue collection target of the Federal Board of Revenue (FBR) for December 2022 has been fixed at... Updated 24 Nov, 2022 09:39am
Business & Finance FBR BoD meeting postponed: Approval of TY19 draft audit policy deferred ISLAMABAD: The Federal Board of Revenue (FBR) has not approved the draft audit policy for the Tax Year 2019 due to... Published 23 Nov, 2022 06:41am
Print Tractor-making sector: FTO tells FBR to conduct probe into Benami deals ISLAMABAD: The Federal Tax Ombudsman (FTO) has strongly recommended the Federal Board of Revenue (FBR) to probe into... Updated 23 Nov, 2022 09:30am
Business & Finance PTEA’s patron urges zero-rating for export-oriented sectors FAISALABAD: With the withdrawal of Zero-Rating (SRO 1125) and the implementation of a 17 percent General Sales Tax... Published 23 Nov, 2022 05:55am
Business & Finance Trainee FBR officers get paltry mess allowance LAHORE: The under-training Federal Board of Revenue (FBR) officers are getting less than one and a half dollars per... Published 22 Nov, 2022 03:23am
Business & Finance Severe liquidity crunch adversely affecting textile exports: PRGMEA LAHORE: The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has said that the severe... Published 22 Nov, 2022 03:23am
Print COAS, family: Dar takes notice of leaked tax details ISLAMABAD: Federal Finance Minister Ishaq Dar on Monday took notice of the alleged leaked information pertaining to... Published 22 Nov, 2022 03:23am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?