Steel sector: IREN empowered to detect GST evasion ISLAMABAD: The Federal Board of Revenue (FBR) has empowered the Inland Revenue Enforcement Network (IREN) to check... Published 27 Apr, 2022 05:19am
Business & Finance FBR decides to give e-notices legal cover ISLAMABAD: The Federal Board of Revenue (FBR) has decided to give legal cover to electronically-served notices in... Published 26 Apr, 2022 06:17am
Pakistan Transport operators and vehicles: Pakistan, Afghanistan will issue TAD ISLAMABAD: Pakistan and Afghanistan will issue “temporary admission document (TAD)” to the transport operators... Published 26 Apr, 2022 05:20am
Print Wholesalers, dealers and distributors: FBR must bring unregistered sugar buyers into tax net: President ISLAMABAD: President Dr Arif Alvi has directed the Federal Board of Revenue (FBR) to bring into the tax net the... Updated 26 Apr, 2022 10:22am
Print Finance Bill, 2022: GST exemption to diplomats, privileged class may be restored ISLAMABAD: The government may restore sales tax exemption to diplomats, diplomatic missions, and privileged persons... Updated 26 Apr, 2022 10:18am
Business & Finance FTO says 90pc of his decisions accepted by complainants, FBR LAHORE: Federal Tax Ombudsman Dr Asif Mahmood Jah said on Monday that about 90 percent of the decisions announced by... Published 26 Apr, 2022 05:20am
Business & Finance KTBA takes strong exception to FBR’s show-cause notices KARACHI: The Federal Board of Revenue (FBR) has started issuing notices, asking the taxpayers to show why the tax... Published 26 Apr, 2022 05:20am
Print Cabinet likely to be briefed by FBR chairman ISLAMABAD: Federal Board of Revenue (FBR) Chairman Dr Muhammad Ashfaq Ahmed is expected to brief federal cabinet... Updated 25 Apr, 2022 09:52am
Business & Finance Export-oriented sectors: KCCI underscores need for reintroduction of scheme ISLAMABAD: The Federal Board of Revenue (FBR) has received budget proposals from the Karachi Chamber of Commerce and... Published 25 Apr, 2022 05:42am
Print FBR to present draft IR Code to minister for approval ISLAMABAD: The Federal Board of Revenue (FBR) will present the draft of the Inland Revenue Code to Finance Minister... Updated 24 Apr, 2022 09:12am
Opinion Benami law vs income tax law: Perception and reality It is said that perception is stronger than reality. Perception is what we perceive from our senses in the presence... Updated 23 Apr, 2022 10:22am
Business & Finance RTO slows down registration of T-1Rs for POS after change of govt LAHORE: The Regional Tax Office (RTO) has preferred to slowdown registration of Tier-1 Retailers (T-1Rs) under the... Published 23 Apr, 2022 04:45am
Print Steel sector: FBR decides to apply track-and-trace system ISLAMABAD: The Federal Board of Revenue (FBR) has decided to implement the Track-and-Trace system on the... Updated 23 Apr, 2022 11:08am
Business & Finance Budget FY23: FBR takes input of KCCI ISLAMABAD: The Federal Board of Revenue (FBR) has taken a detailed input of the Karachi Chamber of Commerce and... Updated 23 Apr, 2022 10:39am
Business & Finance Undisposed ‘auction goods’: Customs empowered to revise reserve price ISLAMABAD: The Federal Board of Revenue (FBR) has empowered the customs officials to revise the reserve price of the... Published 22 Apr, 2022 06:00am
Pakistan Import of raw materials: Erstwhile FATA, PATA factories’ owners say they will move court PESHAWAR: Factories’ owners here on Wednesday decided to approach court against allotment of less import quota of... Published 21 Apr, 2022 05:26am
Print Identification of non-filers, under-filers: Protocols being finalised to integrate data with Nadra: FBR ISLAMABAD: Federal Board of Revenue (FBR) Chairman Dr Muhammad Ashfaq Ahmed Wednesday said the Board is still in the... Updated 21 Apr, 2022 10:30am
Print Taxpayer can’t be forced to produce record for tax year beyond six years: SC ISLAMABAD: The Supreme Court of Pakistan has held that the taxpayer cannot be compelled to produce the record for a... Updated 21 Apr, 2022 10:33am
Business & Finance FBR constitutes ‘Issues Resolution Committee’ for pharma firms ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a “Issues Resolution Committee” for resolution of... Published 21 Apr, 2022 05:26am
Business & Finance RTO postpones ‘POS balloting’ LAHORE: The Regional Tax Office (RTO) Lahore has postponed planned balloting of Point of Sale (POS) in the city on... Published 21 Apr, 2022 05:26am
Business & Finance IRS Reform Plan launched: Tax admin to be improved in 4 strategic reform areas ISLAMABAD: The Federal Board of Revenue (FBR) Wednesday launched Inland Revenue Strategic Reform Plan (2021-25)... Published 21 Apr, 2022 05:26am
Business & Finance FBR’s IRS Reform Plan launched: Taxpayers to get complete history, summary and snapshots ISLAMABAD: The Federal Board of Revenue (FBR) will provide complete history, summary and snapshots to taxpayers in a... Updated 21 Apr, 2022 01:58pm
Business & Finance Tax evasion: FBR relying on third-party databases ISLAMABAD: The Federal Board of Revenue (FBR) will be heavily relying on third-party databases including banks,... Published 21 Apr, 2022 05:26am
Opinion 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
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?