Tax evasion: FBR lacks capacity to analyze big data: World Bank ISLAMABAD: The Federal Board of Revenue (FBR) lacks the capacity to analyze big data to detect tax evasion and also... Updated 08 Nov, 2022 09:45am
Opinion Real austerity: need of the hour The policy of controlled imports is working as monthly import bill is down to $5 billion (on average) over the last... Published 07 Nov, 2022 05:49am
Print AGP describes 13 customs-related notifications as ‘high-risk SROs’ ISLAMABAD: Auditor General of Pakistan (AGP) has declared 13 customs concessionary/ exemption notifications of the... Updated 07 Nov, 2022 10:07am
Business & Finance New X-ray-based scanners at ports: FBR required to coordinate with PNRA for health, safety of customs men: report ISLAMABAD: The Federal Board of Revenue (FBR) is required to coordinate with the Pakistan Nuclear Regulatory... Published 06 Nov, 2022 03:44am
Business & Finance Q1 fiscal deficit soars to 1pc of GDP from 0.7pc of GDP YoY ISLAMABAD: The government has closed the first quarter of the current fiscal year with one percent of GDP fiscal... Published 06 Nov, 2022 03:44am
Print FBR proposal to levy 17pc GST on HOBC, RON-97 deferred ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has deferred the Federal Board of Revenue’s... Updated 06 Nov, 2022 10:51am
Business & Finance FBR to overcome expected revenue shortfall: chairman KARACHI: Ruling out the possibilities of a minimum budget in the ongoing financial year, Chairman FBR Asim Ahmed ... Published 06 Nov, 2022 03:44am
Business & Finance Track-and-trace system not implemented: Illegal cigarette trade continues to flourish KARACHI: The volume of illegal cigarette trade continues to surge as the Federal Board of Revenue’s (FBR)... Published 05 Nov, 2022 06:26am
Business & Finance Registration of potential taxpayers, HNWIs: FBR revives Directorate General of BTB ISLAMABAD: The Federal Board of Revenue (FBR) has revived the Directorate General of Broadening the Tax-Base Unit... Published 05 Nov, 2022 06:24am
Editorials Missed revenue target EDITORIAL: After exceeding projections for several months, it’s the same old story at the Federal Board of Revenue... Published 05 Nov, 2022 05:53am
Print RON 95 and above: ECC hikes PL from Rs20 to Rs50 per litre ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved an increase in petroleum levy (PL)... Updated 05 Nov, 2022 11:40am
Business & Finance Persons not appearing on ATL: Commissioners told to enforce collection of higher rates of WHT by banks ISLAMABAD: The Federal Board of Revenue (FBR) Chairman Asim Ahmad Friday directed Chief Commissioners Inland Revenue... Updated 05 Nov, 2022 11:31am
Print ‘Fake’ supplies FBR to hold probe against sugar dealers ISLAMABAD: The Federal Board of Revenue (FBR) will conduct detailed investigation against the involvement of sugar... Updated 04 Nov, 2022 09:43am
Business & Finance Rs536.53bn target for Nov: ‘Pull your socks up,’ FBR chief tells Chief Commissioners ISLAMABAD: The Federal Board of Revenue (FBR) Chairman Asim Ahmad Thursday directed Chief Commissioners of field... Updated 04 Nov, 2022 09:42am
Business & Finance APTMA member for mills urged to switch on EFS modules LAHORE: Imran Mohmand, Director General Customs Automation, has urged the All Pakistan Textile Mills Association... Published 04 Nov, 2022 05:56am
Opinion A tale of two siblings Monday on October 31, 2022, Chandrasakeran, the Chairman of Tata Sons of India, announced the following: “It is... Published 03 Nov, 2022 05:50am
Business & Finance Track-and-trace system: Dar, FBR told about challenges facing fertilizer plants ISLAMABAD: Fertilizer industry Wednesday categorically conveyed to the Finance Minister Ishaq Dar and Federal Board... Published 03 Nov, 2022 05:50am
Technology The reasons why IT-telecom sector lagging behind explained ISLAMABAD: Pakistan’s information technology and telecom sector is lagging behind its potential due to... Updated 03 Nov, 2022 12:17pm
Business & Finance FBR assures APTMA of resolving all issues of export scheme soon LAHORE: Mukarram Jah Ansari, Member Customs, Federal Board of Revenue (FBR), has assured the All Pakistan Textile... Published 02 Nov, 2022 04:37am
Print GST on petroleum products likely in second half of Nov ISLAMABAD: Federal government is likely to impose general sale tax (GST) on petroleum products in the second half of... Updated 02 Nov, 2022 04:48pm
Print Concessional energy to export-oriented sector: ECC approves amendments to earlier decision ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved amendments in Cabinet’s earlier... Updated 02 Nov, 2022 09:46am
Print OICCI members: FBR urged to clear Rs80bn refunds ISLAMABAD: Overseas Investors Chamber of Commerce and Industry (OICCI) has urged the chairman Federal Board of... Updated 02 Nov, 2022 09:42am
BR Research All talk, no plan The uncertainty on the economic front is growing. The date of the IMF review (expected by the end of October) is yet... Published 01 Nov, 2022 08:45am
Opinion A case for restoration of zero rating Exports remained largely stagnant from 2012 to 2018, while regional competitors witnessed commendable export growth... Published 01 Nov, 2022 05:55am
Business & Finance Income tax return deadline extended till Nov 30 ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs 512 billion in October 2022 against the... Updated 01 Nov, 2022 10:47am
Print Status change from FTR to MTR: AGP asks FBR to recover about Rs2bn taxes ISLAMABAD: The Auditor General of Pakistan (AGP) has strongly recommended the Federal Board of Revenue (FBR) to... Updated 31 Oct, 2022 10:28am
Business & Finance LCCI urges FBR to extend tax return filing date LAHORE: The Lahore Chamber of Commerce & Industry has demanded the Chairman Federal Board of Revenue to extend... Published 30 Oct, 2022 03:57am
Business & Finance Tax returns: KCCI seeks extension in last date KARACHI: The president of Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf has requested the... Published 30 Oct, 2022 03:57am
Print FBR raises DGDIA’s strength to 19 ISLAMABAD: The Federal Board of Revenue (FBR) has increased the scope of the Directorate General of Digital ... Updated 30 Oct, 2022 10:13am
Print AGP issues policy guidelines to FBR on blacklisted companies ISLAMABAD: The Auditor General of Pakistan (AGP) has issued policy guidelines to the Federal Board of Revenue (FBR)... Updated 30 Oct, 2022 10:12am