Back to square one? After an eventful night in Islamabad the country is back to square one. After three and half years’ rule of... Updated 20 Apr, 2022 10:43pm
Print Data exchange / linkages: Economic activities to be documented ISLAMABAD: The Federal Board of Revenue (FBR) will document economic activities through data exchange/ linkages, to... Updated 20 Apr, 2022 10:16am
Business & Finance Transactions across borders: FBR to conduct ‘transfer pricing’ audits ISLAMABAD: The Federal Board of Revenue (FBR) has drafted an ambitious audit plan to enhance its capacity to conduct... Published 20 Apr, 2022 05:12am
Business & Finance FBR’s new reform plan likely to establish sectoral benchmarks ISLAMABAD: The Federal Board of Revenue (FBR)’s new reform plan would establish sectoral benchmarks to identify ... Published 20 Apr, 2022 05:12am
Business & Finance Selected undocumented sectors: FBR plans to conduct physical surveys ISLAMABAD: The Federal Board of Revenue (FBR) has planned to conduct physical surveys of selected undocumented... Published 20 Apr, 2022 05:12am
Business & Finance Compendium on FBR reforms reveals organisational weaknesses ISLAMABAD: The Federal Board of Revenue (FBR) has accepted that no mechanism exists to conduct independent ... Published 20 Apr, 2022 05:12am
Business & Finance PBC urges PM to revive IMF programme, withdraw fuel subsidy Don’t allow country to experience challenges confronting Sri Lanka, says Pakistan Business Council Updated 19 Apr, 2022 02:38pm
Opinion Managing the BoP Pakistan today faces an incipient financial crisis. Gross foreign exchange reserves of the SBP stand at $10.8 ... Published 19 Apr, 2022 05:32am
Print IRS Strategic Reform Plan 2021-24 chalked out ISLAMABAD: The Federal Board of Revenue (FBR) has chalked out an Inland Revenue Service Strategic Reform Plan... Updated 19 Apr, 2022 10:38am
Business & Finance Toll manufacturing on import of input goods: New conditions imposed on user holding contracts ISLAMABAD: The Federal Board of Revenue (FBR) has imposed new conditions for the user holding contracts for toll... Published 19 Apr, 2022 05:32am
Business & Finance Sick industrial units: Tax expert highlights incentives for revival PESHAWAR: Tax expert Muhammad Umair Zeb has said that the Federal Board of Revenue (FBR) has offered tax incentives... Published 18 Apr, 2022 06:16am
Print FBR yet to implement some major reforms ISLAMABAD: The Federal Board of Revenue (FBR) has yet to implement some major reform initiatives of the former PTI... Updated 18 Apr, 2022 10:28am
Business & Finance FY23 Budget proposals: PBC for discouraging cash economy ISLAMABAD: The Pakistan Business Council (PBC) has proposed to the Federal Board of Revenue (FBR) to introduce... Updated 17 Apr, 2022 02:22pm
Print 64 units of erstwhile Fata/Pata: FBR unveils import quota details ISLAMABAD: The Federal Board of Revenue (FBR) has issued unit-wise details of the import quota of raw materials... Updated 17 Apr, 2022 09:12am
Business & Finance Name of SPR&S Wing changed ISLAMABAD: The Federal Board of Revenue (FBR) has changed the name of the Strategic Planning Reforms and Statistics... Published 16 Apr, 2022 04:10am
Business & Finance CDPR holds workshop on ‘tax reforms for inclusive, sustainable growth’ LAHORE: The Consortium for Development Policy Research (CDPR) in collaboration with the British High Commission’s... Published 16 Apr, 2022 04:10am
Print Tax targets agreed with IMF must stay on track: PM Prime Minister Shehbaz Sharif directs Federal Board of Revenue to achieve upward revised revenue collection target of Rs6.1 trillion for 2021-22 Updated 16 Apr, 2022 10:37am
Pakistan Customs values of branded chocolate spread enhanced ISLAMABAD: The Directorate General of Customs Valuation, Karachi, has considerably increased customs values up to... Published 15 Apr, 2022 05:29am
Print Govt entities: FBR to take policy decision on FTNs ISLAMABAD: The Federal Board of Revenue (FBR) has decided to take a policy decision on the issuance of Free Tax... Updated 15 Apr, 2022 10:45am
Business & Finance FBR deploys Virtual Assessment Module at ports ISLAMABAD: The Federal Board of Revenue (FBR) has deployed the “Virtual Assessment Module” at ports for... Published 15 Apr, 2022 05:29am
Business & Finance FBR asked to deduct IT from salaried employees under Sec 149 KARACHI: Federal Tax Ombudsman (FTO) Karachi on Thursday directed the Federal Board of Revenue (FBR) to deduct ... Published 15 Apr, 2022 05:29am
Editorials Pharma sector problems EDITORIAL: It seems that the pharmaceutical sector is ready to fall head first into a completely unnecessary crisis... Published 14 Apr, 2022 04:55am
Markets DGCV revises Customs value of fresh dates KARACHI: Directorate General Customs Valuation (DGCV) has revised the Customs value of fresh dates under Section 25... Published 14 Apr, 2022 04:55am
Print Unregistered buyers: Adjustment against GST returns allowed via credit notes ISLAMABAD: The Federal Board of Revenue (FBR) has allowed adjustment through credit notes against sales tax returns... Updated 14 Apr, 2022 10:40am
Print Presentation to PM being finalised by FBR ISLAMABAD: The Federal Board of Revenue (FBR) will brief Prime Minister Shehbaz Sharif on the revenue... Updated 13 Apr, 2022 10:24am
Business & Finance FBR barred from issuance of manual notices: President endorses decision of FTO ISLAMABAD: The president has endorsed a major decision of the Federal Tax Ombudsman (FTO) to bar the Federal Board ... Published 13 Apr, 2022 06:03am
Print Admissible refunds blocked: FTO for disciplinary action against errant taxmen ISLAMABAD: The Federal Tax Ombudsman (FTO) has recommended strict disciplinary/criminal action against inefficient,... Updated 12 Apr, 2022 11:48am
Business & Finance FBR should be ‘more business-friendly’ under new govt: experts ISLAMABAD: The new government has to shift from a major enforcement policy of excessive tax demands, frivolous... Published 12 Apr, 2022 05:17am
Business & Finance March 2022: 2,033 cos registered following SECP-FBR integration ISLAMABAD: The integration of the Securities and Exchange Commission of Pakistan (SECP) and the Federal Board of... Published 12 Apr, 2022 05:17am
Business & Finance FBR urges stakeholders to examine new HS version 2022 LAHORE: The Federal Board of Revenue (FBR) has urged the stakeholders to examine the new Harmonised System (HS)... Published 10 Apr, 2022 06:51am