Steel melters urge govt to review stance on track, trace system LAHORE: Pakistan Steel Melters Association on Monday said that the government should review its decision of... Published 31 May, 2022 05:11am
Business & Finance Compulsory ST registration: Treating lawyer as retailer wrong application of law: FTO ISLAMABAD: Federal Tax Ombudsman (FTO) has declared that the compulsory sales tax registration of a professional... Published 30 May, 2022 06:32am
Opinion Federal govt must not fuel provincialism In 1997 general elections PML-N won a two third majority in parliament bagging 137 seats with PPP trailing with 18... Published 30 May, 2022 05:53am
Print Potential sectors evading taxes: Finance Bill may introduce ‘windfall levy’ FBR will collect 'Windfall Levy' from sectors earning extraordinary profits during the last few years Updated 29 May, 2022 04:52pm
Print Collection of taxes, duties: IR field offices to observe extended work hours on Monday, Tuesday ISLAMABAD: The Federal Board of Revenue (FBR) Saturday issued instructions to all Inland Revenue field offices to... Updated 29 May, 2022 09:08am
Business & Finance FBR directs 18 PCS, IRS officers to declare assets ISLAMABAD: The Federal Board of Revenue (FBR) has directed around 18 senior officers of grades BS-19-20 of Pakistan... Published 29 May, 2022 05:50am
Pakistan Energy savers allowed, but imported cat and dog food for retail remains banned Inward shipments of material used in preparation of animal feed, however, permitted Published 28 May, 2022 09:02pm
Business & Finance Steel sector: net margins of listed companies shrink in 5 years ISLAMABAD: The net margins of the listed companies in the steel sector shrunk during the last five years, negating... Updated 28 May, 2022 09:35am
Print Private hospitals, NGOs, charities not having STRNs: FBR to charge 3pc more sales tax ISLAMABAD: The Federal Board of Revenue (FBR) will charge three percent further sales tax on supplies made to the... Updated 28 May, 2022 10:24am
Print Bona fide baggage: Customs officials told not to harass passengers ISLAMABAD: The Federal Board of Revenue (FBR) has taken serious notice of blackmailing by certain customs officers ... Published 28 May, 2022 05:11am
Business & Finance RTO Lahore achieves revenue target LAHORE: The Regional Tax Office (RTO) Lahore has achieved the revenue target set for the first 10 months of the... Published 28 May, 2022 05:11am
Pakistan Farah Khan case: 4 accused summoned by NAB LAHORE: The National Accountability Bureau (NAB) Lahore on Thursday summoned four accused in the assets beyond means... Published 27 May, 2022 05:50am
Print Monthly advance tax: Banking sector asks FBR to give Kibor-based compensation ISLAMABAD: The banking sector has strongly proposed to the Federal Board of Revenue (FBR) that banks should be given... Updated 27 May, 2022 10:01am
Business & Finance Budget FY23: PBA seeks 29pc uniform tax rate ISLAMABAD: Pakistan Banks Association (PBA) has proposed to the Federal Board of Revenue (FBR) to apply a uniform ... Published 27 May, 2022 05:50am
Print Ministry to oppose export of sugar ISLAMABAD: The Commerce Ministry has reportedly decided to oppose export of sugar as any such decision will inflate... Updated 27 May, 2022 09:58am
Business & Finance Undocumented sectors: FBR to conduct physical survey of retailers ISLAMABAD: The Federal Board of Revenue (FBR) will conduct physical surveys of retailers operating in the... Published 26 May, 2022 07:13am
Business & Finance Reshuffle in FBR ahead of budget ISLAMABAD: The Federal Board of Revenue (FBR) has transferred and posted four senior officers of Pakistan Customs... Updated 26 May, 2022 06:30am
Business & Finance FTO urges retailers to help FBR document economy ISLAMABAD: The Federal Tax Ombudsman (FTO) has advised the traders, retailers to voluntarily come forward to accept... Published 26 May, 2022 05:26am
Business & Finance Tractor industry: FBR not following timelines in processing refund claims, says FTO ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah observed on Tuesday that the timelines given in the... Published 25 May, 2022 04:40am
Markets ‘Steel sector not making windfall profits’ FBR should avoid ‘targeted taxation’: PALSP ISLAMABAD: The documented steel sector has claimed that the steel sector is not making any windfall profit margins... Published 24 May, 2022 05:35am
Business & Finance Fixed tax scheme being worked out: Only small shopkeepers, not Tier-I retailers, to be covered ISLAMABAD: The Federal Board of Revenue (FBR) is working on a simplified fixed tax scheme for small traders in the... Published 24 May, 2022 05:35am
Business & Finance POS invoicing prize scheme: RTO’s IR inspector caught misusing authority ISLAMABAD: An Inland Revenue inspector of the Regional Tax Office (RTO) Bahawalpur, deputed at a sweet shop to... Published 24 May, 2022 05:35am
Print Diplomatic missions, privileged persons: FBR illegally restores ST exemption on imports ISLAMABAD: The Federal Board of Revenue (FBR) has overstepped its legal domain by unilaterally restoring sales tax... Updated 24 May, 2022 11:40am
Print FBR introduces new rules: PSW: Cross-border trade linked to ‘identity evidence’ ISLAMABAD: All importers and exporters carrying out cross-border trade transactions through the Pakistan Single... Updated 24 May, 2022 09:29am
Print World Bank’s RISE-II: Pakistan told it can lose funding if prior actions not completed ISLAMABAD: World Bank (WB) has warned the government that Pakistan will lose a part of FY 23 funds from... Updated 23 May, 2022 09:55am
Print FBR eyes new taxation steps with a view to achieving Rs7,255bn target ISLAMABAD: The Federal Board of Revenue (FBR) will propose new taxation measures of over Rs 300-350 billion to... Updated 23 May, 2022 10:02am
Print FBR asked to disclose all amnesty scheme-related details ISLAMABAD: Pakistan Information Commission (PIC) has directed the Federal Board of Revenue (FBR) to disclose... Updated 23 May, 2022 09:53am
Print Track-and-trace system: FBR to issue new deadline to tobacco sector ISLAMABAD: The Federal Board of Revenue (FBR) will issue a new deadline beyond May 20, 2022 for the documented... Updated 23 May, 2022 10:06am
Business & Finance FBR to upgrade its data centres, says report on ‘Reforms-2022’ ISLAMABAD: The Federal Board of Revenue (FBR) will upgrade its data centres to the latest, state-of-the-art... Published 23 May, 2022 06:15am
Pakistan ‘FTO provided relief to over 1,900 taxpayers in five months’ LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mehmood Jah has said that his office has provided relief to more than... Published 22 May, 2022 06:03am