Ministry warns FBR: Poultry/dairy products at risk of global exclusion ISLAMABAD: The Ministry of National Food Security has warned the Federal Board of Revenue (FBR) that the heavy... Updated 06 Oct, 2022 10:01am
Business & Finance Capacity building: HMRC, FBR sign MoU ISLAMABAD: The Federal Board of Revenue (FBR) and His Majesty’s Revenue and Customs of the United Kingdom of Great... Published 06 Oct, 2022 05:59am
Business & Finance PM reinstates FBR officer facing ‘removal from service’ penalty LAHORE: Prime Minister Shehbaz Sharif has reinstated a BS-18 officer of the Federal Board of Revenue (FBR) against... Published 06 Oct, 2022 05:59am
Markets Not increasing PL is no violation of IMF deal, NA body told ISLAMABAD: Minister of State for Finance Aisha Ghaus Pasha has informed the Finance Standing Committee of the... Updated 05 Oct, 2022 10:08am
Opinion Country headed for recession As we had warned prior to the vote of no-confidence (VONC) in March 2022, the PDM (Pakistan Democratic Movement)... Updated 06 Oct, 2022 02:50am
Print Tax on immovable properties: FBR prescribes relevant form for taxpayers ISLAMABAD: The Federal Board of Revenue (FBR) has prescribed the relevant form for taxpayers with regard to payment... Updated 05 Oct, 2022 09:55am
Business & Finance Collection strategy: FBR to hold meetings with PM, Dar ISLAMABAD: The Federal Board of Revenue (FBR) will hold meetings with Prime Minister Shehbaz Sharif and Finance... Published 05 Oct, 2022 05:49am
Business & Finance FBR disposes of 40,058 appeals during ‘tax year 2022’ ISLAMABAD: The Federal Board of Revenue (FBR) has disposed of 40,058 appeals filed by taxpayers against the FBR... Published 04 Oct, 2022 07:11am
Business & Finance FY22 IT refund payments plunge 40.6pc to 54.22bn YoY ISLAMABAD: The Federal Board of Revenue (FBR) paid income tax refunds of Rs54.221 billion during 2021-22 against... Published 04 Oct, 2022 06:48am
Business & Finance ATIR’s landmark decision: FBR told to refund Rs88m recovered ‘illegally’ ISLAMABAD: In a landmark judgement, Appellate Tribunal Inland Revenue (ATIR) Islamabad has directed the Federal ... Published 04 Oct, 2022 06:23am
Opinion Growth in FBR revenue The revenue collection target set for FBR in 2022-23 is Rs 7,470 billion, equivalent to 8.9% of the projected GDP,... Published 04 Oct, 2022 05:55am
Supplements METRO Pakistan (Pvt) Limited TEXT: METRO Pakistan strengthens the documented economy and is an important exchequer collector. On an average it is... Published 03 Oct, 2022 05:52am
Print FY22 domestic consumption of POL products: Sales tax collection declines 54.4pc to Rs107bn YoY Major chunk of around 44 percent of sales tax domestic collection comes from ten sectors including petroleum products, electricity, sugar, cement, natural gas Updated 03 Oct, 2022 09:59am
Print FY22 withholding tax collection grows 24pc to 1.53trn YoY ISLAMABAD: The withholding tax (WHT) collection stood at Rs 1,534.4 billion during 2021-22 against Rs 1,237.3... Updated 03 Oct, 2022 09:36am
Print Contribution by 10 major sectors constitutes 71pc of CD collection ISLAMABAD: Nearly 71 percent of customs duty collection has been contributed by 10 major sectors during 2021-22... Updated 03 Oct, 2022 09:40am
Print Purchase of immovable properties: Advance tax exemption for expatriates sought ISLAMABAD: The overseas Pakistanis including non-resident persons should be exempted from advance tax payable under... Updated 03 Oct, 2022 09:37am
Print FBR working on new tax incentives for Chinese cos ISLAMABAD: The Federal Board of Revenue (FBR) is working on new tax incentives for Chinese companies including... Updated 02 Oct, 2022 10:19am
Pakistan Money-laundering case against Shehbaz, family adjourned till 8th LAHORE: The Special Court (Central) Friday adjourned the hearing to October 08 of the money laundering case filed by... Published 01 Oct, 2022 04:20am
Print At first, Dar cuts fuel prices Ishaq Dar says 1QFY23, Sept tax collection targets achieved; IT return deadline extended to Oct 31 Updated 01 Oct, 2022 10:43am
Business & Finance ‘T-1Rs and tax inspectors are busy in defeating POS integration mechanism’ LAHOE: Both Tier-1 Retailers (T-1Rs) and tax inspectors of various field formations of Federal Board of Revenue ... Published 01 Oct, 2022 04:20am
Business & Finance Number of products: Documented steel sector will claim input tax adjustment ISLAMABAD: The Federal Board of Revenue (FBR) will allow the documented steel sector to claim input tax adjustment ... Published 01 Oct, 2022 04:20am
Business & Finance Tyre industry lauds Customs’ efforts KARACHI: Local tyre industry on Friday lauded the efforts of Pakistan Customs for starting a campaign against... Published 01 Oct, 2022 04:20am
Print Tax return deadline extension under discussion: official ISLAMABAD: Keeping in view presentations of the tax bars/chambers/trade associations, the Federal Board of Revenue... Updated 30 Sep, 2022 11:58am
Print CVT calculation: Value of foreign assets to be converted into PKR: FBR ISLAMABAD: The value of foreign assets shall be converted into rupees for the calculation of the Capital Value Tax... Updated 30 Sep, 2022 09:42am
Business & Finance Dar takes stock of tax revenue situation ISLAMABAD: The Federal Board of Revenue (FBR) has committed to Finance Minister Ishaq Dar to achieve the quarterly... Updated 30 Sep, 2022 09:38am
Editorials Why is FBR not cooperating? EDITORIAL: Regrettably, the Federal Board of Revenue (FBR) continues to undermine its own functioning. Needless... Published 30 Sep, 2022 05:52am
Business & Finance Risk profiles of main segments: FBR creates new directorate ISLAMABAD: The Federal Board of Revenue (FBR) has created a new directorate (Directorate-General of Compliance Risk... Published 29 Sep, 2022 06:47am
Business & Finance FBR puts performance allowance on hold LAHORE: The Federal Board of Revenue (FBR) has discontinued performance allowance of a BS-21 and other BS-20 ... Published 29 Sep, 2022 05:54am
Print Rs684bn Sept target: FBR required to collect around Rs120bn in 2 days ISLAMABAD: The Federal Board of Revenue (FBR) is facing a gigantic task to collect around Rs120 billion in the... Updated 29 Sep, 2022 10:14am
Business & Finance Tax return form in IRIS: FBR enables refund adjustment tab ISLAMABAD: The Federal Board of Revenue has enabled refund adjustment tab in the income tax return form. According... Published 28 Sep, 2022 05:51am
Share under NFC Award: Govt may explore option of sharing debt servicing, power circular debt with provinces