FBR takes step aimed at further liberalising baggage rules ISLAMABAD: The Federal Board of Revenue (FBR) has made baggage rules more liberal, enhanced special allowances for... Updated 07 Jul, 2022 09:23am
Pakistan Balochistan region: Record revenue collection of Rs99.7bn by Customs QUETTA: The Collectorates of Customs in the jurisdiction of office of the Chief Collector Balochistan, Quetta has ... Published 06 Jul, 2022 07:39am
Business & Finance FASTER system: FBR pays Rs34bn refunds to exporters ISLAMABAD: The Federal Board of Revenue (FBR) has paid Rs34 billion to the exporters under the “FASTER” refund... Published 06 Jul, 2022 07:11am
Print Air travel FED reduced to Rs30,000 ISLAMABAD: To give relief to the rich/wealthy class, the government has decided to reduce the federal excise duty... Updated 06 Jul, 2022 09:33am
Business & Finance Late delivery: FBR asked to direct car maker to pay KIBOR+ 3pc/annum ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to direct a car... Published 06 Jul, 2022 05:35am
Business & Finance ‘Higher taxation on LPG may trigger ecological disaster’ ISLAMABAD: Higher taxation on LPG, once termed ‘poor man’s fuel’ is likely to suppress its demand in the... Published 06 Jul, 2022 05:35am
Pakistan Non-filers: NADRA re-working on data for correction of profiles ISLAMABAD: The National Database and Registration Authority (NADRA) is re-working on the data for correction of the... Updated 05 Jul, 2022 09:56am
Print Ban on import of luxury items: Govt decides to release ‘stuck goods’ This is to come as one-time special permission for goods that have landed at ports or airports in Pakistan on or before June 30, 2022 Updated 05 Jul, 2022 10:02am
Business & Finance Small gift parcels: FTO asks FBR to formulate proper rules ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to adopt a more... Published 05 Jul, 2022 05:19am
Business & Finance Tobacco industry: FBR is all set to fully implement T&T system ISLAMABAD: The Federal Board of Revenue (FBR) is all set to fully implement the track and trace (T&T) system at... Published 05 Jul, 2022 05:19am
Print Imports from Afghanistan: Govt likely to amend Import Policy Order ISLAMABAD: The federal government is likely to amend Import Policy Order (IPO) aimed at allowing imports of goods of... Updated 05 Jul, 2022 09:51am
Print Diplomatic missions: FBR restores ST exemption ISLAMABAD: The government has retrospectively restored sales tax exemption on the import of goods by the United... Updated 04 Jul, 2022 09:39am
Opinion The politics of economic policies Prime Minister Shehbaz Sharif tweeted on 8 June, two days before the budget was presented in parliament: ... Updated 04 Jul, 2022 06:38am
Editorials PM’s ‘strategic roadmap’ EDITORIAL: Circumstances leave the government with no option but to think out of the box, which is why the prime... Published 04 Jul, 2022 06:17am
Print Pharma raw materials: No input tax adjustment after 1pc GST payment: FBR ISLAMABAD: The Federal Board of Revenue (FBR) has denied input tax adjustment facility, from July 1, 2022, to the... Updated 03 Jul, 2022 09:27am
Business & Finance Air travel FED not applicable on tickets issued before July 1: FBR ISLAMABAD: The Federal Board of Revenue (FBR) announced Saturday night that the enhanced rate of the Federal Excise... Published 03 Jul, 2022 05:39am
Print Budgetary measures: FBR issues notifications ISLAMABAD: The Federal Board of Revenue (FBR) has issued notifications for the implementation of the budgetary... Updated 02 Jul, 2022 09:51am
Print Staff-level deal with IMF in a few days: minister ISLAMABAD: Finance Minister Miftah Ismail Friday said a staff-level agreement with the International Monetary Fund... Updated 02 Jul, 2022 09:53am
Business & Finance PM forms body to ease Japanese firms’ concerns ISLAMABAD: Prime Minister Shehbaz Sharif has constituted a 13-member committee to review and resolve bottlenecks and... Published 02 Jul, 2022 04:10am
Business & Finance Capital assets: Tax on deemed income applicable to TY22, onwards ISLAMABAD: The Finance Act 2022 has clarified that the tax on deemed income would be applicable for Tax Year 2022... Updated 02 Jul, 2022 12:12pm
Pakistan Seizure of smuggled goods, non-duty paid vehicles: FBR to give cash rewards to LEAs officials ISLAMABAD: The Federal Board of Revenue (FBR) has decided to give cash rewards to the officials of other law... Published 01 Jul, 2022 07:39am
Business & Finance GST, IT and export rebate: FBR has paid off pending claims: Miftah ISLAMABAD: Finance Minister Miftah Ismail Thursday said that the Federal Board of Revenue (FBR) has paid all... Published 01 Jul, 2022 06:13am
Editorials Amendments to the finance bill EDITORIAL: Finance bill 2022 moved by Minister of State for Finance Dr Ayesha Ghous Pasha, with tax amendments... Published 01 Jul, 2022 06:13am
Print Afghan coal only: Sahiwal Coal, China Hub to be treated as bonded warehouses ISLAMABAD: The government has decided to treat Sahiwal Coal Power and China Hub Power Generation Companies as bonded... Updated 01 Jul, 2022 09:40am
Print FBR exceeds upward revised collection target ISLAMABAD: The Federal Board of Revenue (FBR) has collected net revenue of Rs6,125 billion during the whole fiscal... Updated 01 Jul, 2022 11:03am
Business & Finance FBR expands scope of definition of IT, IT-enabled services ISLAMABAD: The Federal Board of Revenue (FBR) has expanded the scope of the definition of IT and IT-enabled ... Published 01 Jul, 2022 06:13am
Print 15 sectors: 10pc supertax imposed on income exceeding Rs300m ISLAMABAD: The amended Finance Bill 2022 has imposed a 10 percent supertax for the Tax Year 2022 on persons... Updated 30 Jun, 2022 10:44am
Print Potential risks identified: Economic growth facing challenging situation: MoF ISLAMABAD: The Ministry of Finance has stated that despite achieving a real GDP growth of 5.97 percent in the fiscal... Updated 30 Jun, 2022 09:52am
Print Gur, sugar export as per SAB decision: Qamar ISLAMABAD: Commerce Minister Syed Naveed Qamar has said that export of Gur will be opened along with sugar in the... Updated 30 Jun, 2022 09:42am
Business & Finance FTO directs FBR to settle refund claim of complainant ISLAMABAD: The Federal Tax Ombudsman (FTO), while disposing of the complaint of a customer of the telecom company ... Published 30 Jun, 2022 06:07am