FBR decides to fix forex limit for outgoing int’l passengers ISLAMABAD: The Federal Board of Revenue (FBR) has decided to fix a maximum limit of $5,000 (per visit) and $30,000... Updated 17 Nov, 2022 10:43am
Business & Finance Exporters resent energy shortages KARACHI: Exporters on Wednesday complained about the energy shortages, saying that the federal coalition government... Updated 17 Nov, 2022 09:21am
Print List of locally-manufactured goods: FBR allows release of goods/items ISLAMABAD: Federal Board of Revenue (FBR) has allowed its Collectorates to release goods/items indicated in the list... Updated 17 Nov, 2022 09:28am
Business & Finance Medicines not registered under Drug Act chargeable to 17pc ST: FBR ISLAMABAD: The Federal Board of Revenue (FBR) has conveyed to the pharmaceutical industry that the medicines not... Published 17 Nov, 2022 05:59am
Business & Finance FBR suspends POS invoicing prize scheme ISLAMABAD: The Federal Board of Revenue (FBR) has suspended the computerized ballot of its flagship initiative of... Published 16 Nov, 2022 06:39am
Pakistan ‘Deemed rental income’ of properties: LHC approached against legislation levying income tax LAHORE: Former chairman of district council Narowal has approached the Lahore High Court against a recent ... Published 16 Nov, 2022 05:50am
Business & Finance ‘Illegal’ refund to a company: FTO directs FBR to assign ‘organised tax fraud case’ to inquiry team ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has directed the Federal Board of Revenue (FBR) to assign... Published 16 Nov, 2022 05:50am
Print FBR chairman tells NA body: ‘So far, no mini-budget is under consideration’ ISLAMABAD: Federal Board of Revenue (FBR) Chairman Asim Ahmad, Monday, said that so far the FBR is not considering... Updated 16 Nov, 2022 10:16am
Print Immovable property tax issue: LHC summons FBR chairman, law secy ISLAMABAD: The Lahore High Court (LHC) directed the Federal Board of Revenue (FBR) chairman and the Ministry of Law... Updated 16 Nov, 2022 09:38am
Print PPIB urges PD to take up PMLTC sales tax issue with FBR ISLAMABAD: Private Power & Infrastructure Board (PPIB) has requested Power Division to take up the issue of... Updated 15 Nov, 2022 09:48am
Editorials Analysing FBR clarification EDITORIAL: A Federal Board of Revenue (FBR) clarification, categorically refuting criticism against its existing... Published 15 Nov, 2022 05:52am
Pakistan Market flooded with smuggled cigarettes, reveals survey ISLAMABAD: Pakistani markets are once again flooded with smuggled and non-duty paid cigarettes with no tax stamps,... Published 14 Nov, 2022 05:55am
Business & Finance FBR clarification ISLAMABAD: While Federal Board of Revenue(FBR) appreciates and acknowledges the importance of direct taxes and... Updated 14 Nov, 2022 10:04am
Print Revenue shortfall may ‘force’ FBR to tax banking profits as well If revenue shortfall continues in November 2022, then there is a strong possibility of new taxation measures including a gradual increase in sales tax on petroleum products Updated 14 Nov, 2022 10:08am
Print SECP revises fee structure for corporate sector ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued a revised fee structure for the... Updated 13 Nov, 2022 09:25am
Business & Finance Non-filers to pay increased rates of WHT ISLAMABAD: The Federal Board of Revenue (FBR) has decided to strictly monitor budgetary measures introduced under ... Updated 13 Nov, 2022 06:05pm
Business & Finance Broadening tax base: Two directorates made functional: FBR FBR clarifies that the present policy of FBR and the Federal Government is also based on a direct tax-dominated system Updated 13 Nov, 2022 09:43am
Business & Finance FBR urges LCCI members to submit tax returns on time LAHORE: The Federal Board of Revenue has urged the Lahore Chamber of Commerce and Industry (LCCI) to ask its members... Published 12 Nov, 2022 05:55am
Business & Finance Consignments, LCs: SBP governor assures FBR chief issues will be resolved ISLAMABAD: State Bank of Pakistan (SBP) Governor Jameel Ahmad called on Asim Ahmad, Chairman FBR at FBR HQ to... Published 12 Nov, 2022 05:55am
Print Senate body members accuse FBR of harassing people ISLAMABAD: Members of the Senate Standing Committee on Finance have accused the Federal Board of Revenue (FBR) of... Updated 12 Nov, 2022 09:35am
Print Draft amendments in Customs Rules, 2001 issued: FBR imposes new terms on global carriage of goods by road ISLAMABAD: The Federal Board of Revenue (FBR) has imposed new conditions on the international carriage of goods by... Updated 12 Nov, 2022 09:34am
Business & Finance SECP registers 2,361 new companies in October ISLAMABAD: The integration of the Securities and Exchange Commission of Pakistan (SECP) and the Federal Board of... Published 12 Nov, 2022 05:55am
Business & Finance Alleged tax evasion by firm making cosmetic products being probed ISLAMABAD: Directorate General of Intelligence and Investigation Inland Revenue (DGIIIR) is investigating a case of... Published 11 Nov, 2022 07:03am
Business & Finance FBR member visits organisations, institutions in Karachi KARACHI: On directions of Special Assistant to Prime Minister on Revenue Tariq Mehmood Pasha and Chairman FBR Asim... Published 11 Nov, 2022 06:59am
Opinion FBR: dismal income tax collection The continuously declining dismal share of income tax in overall tax collection during the last many years testifies... Published 11 Nov, 2022 05:54am
Pakistan FTO disposes of 5000 tax complaints in 10 months LAHORE: As many as 5000 tax complaints have been disposed of by the office of Federal Tax Ombudsman (FTO) during the... Published 11 Nov, 2022 05:54am
Business & Finance Entire appellate system of FBR requires automation: experts ISLAMABAD: The Federal Board of Revenue (FBR) requires automation of the whole appellate system starting from the... Published 11 Nov, 2022 05:54am
Business & Finance KTC fully implements Track and Trace system ISLAMABAD: Khyber Tobacco Company (KTC) is the first national cigarette manufacturing company which fully ... Published 09 Nov, 2022 03:41am
Business & Finance FTO expresses concern over ‘disconnect’ between FBR wings ISLAMABAD: The Federal Tax Ombudsman (FTO) has expressed serious concern over the huge disconnect between Regional... Published 09 Nov, 2022 03:41am
Business & Finance PSMA declines to start crushing if sugar export not allowed LAHORE: The Pakistan Sugar Mills Association (PSMA) has expressed its inability to start the crushing season 2022-23... Published 09 Nov, 2022 03:41am