DPP-related commodities: FBR switches to PSW system for exports LAHORE: The Federal Board of Revenue (FBR) has decided that commercial exports (SB type) of DPP-related commodities... Published 09 Apr, 2022 04:39am
Print Industrial package: Investment opportunity is conditional concession, not amnesty scheme: FBR ISLAMABAD: The Federal Board of Revenue (FBR) Friday tried to give an impression that the investment opportunity... Updated 09 Apr, 2022 10:31am
Print Oil, ghee and steel sectors: Input tax adjustment disallowed on 778 goods ISLAMABAD: The Federal Board of Revenue (FBR) has issued a list of 778 goods on which manufacturers of oil and ghee... Updated 09 Apr, 2022 10:30am
Print Incorrect declarations: FBR restricts input adjustment of wholesalers, dealers ISLAMABAD: The Federal Board of Revenue (FBR) has restricted input adjustment of wholesalers, dealers and... Updated 09 Apr, 2022 10:33am
Print Recovery of advance tax: NHA challenges FBR’s bank account attachment move ISLAMABAD: The National Highways Authority (NHA) has challenged the Federal Board of Revenue’s move of attachment... Updated 08 Apr, 2022 10:17am
Business & Finance Delayed delivery: FTO tells FBR to ensure payment to customers @ Kibor+ 3pc per annum ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah directed the Federal Board of Revenue (FBR) to ensure... Updated 08 Apr, 2022 07:39pm
Business & Finance Implementation of decision on border trade with Iran, Afghanistan demanded ISLAMABAD: Business community of Balochistan has welcomed opportunities for barter trade with Iran and Afghanistan... Published 08 Apr, 2022 05:28am
Business & Finance ‘Jazz fully compliant with all tax obligations’ ISLAMABAD: Jazz, Pakistan’s leading digital operator and one of the largest private sector companies, is fully... Published 08 Apr, 2022 05:28am
Print PPRA board accords approval: MoU signed in compliance with IMF’s conditions ISLAMABAD: The Board of Public Procurement Regulatory Authority (PPRA) has approved signing of Memorandum of... Updated 07 Apr, 2022 11:06am
Business & Finance FTO’s judgement: LTO Karachi, carmaker agree on refund mechanism ISLAMABAD: The Large Taxpayer Office (LTO) Karachi and a leading car manufacturer have agreed on a mechanism for... Updated 07 Apr, 2022 11:01am
Business & Finance Oxygen gas, related items exempted from duty ISLAMABAD: The Federal Board of Revenue (FBR) has exempted Customs duty on the import of oxygen gas, oxygen gas... Published 07 Apr, 2022 05:15am
Business & Finance RTO Lahore achieves collection target for Q3 LAHORE: The Regional Tax Office (RTO) Lahore has achieved revenue collection target for the 3rd quarter of the... Published 07 Apr, 2022 05:15am
Print Five locally-produced steel goods Minimum value of supply increased ISLAMABAD: The Federal Board of Revenue (FBR) has increased the minimum value of supply of five locally-produced... Updated 06 Apr, 2022 10:06am
Business & Finance RTO creates tax demand of Rs26m against housing society LAHORE: The Regional Tax Office (RTO) Lahore has created a tax demand of Rs26 million against a private housing... Published 06 Apr, 2022 05:53am
Business & Finance Number of unregistered retailers decreases ISLAMABAD: The number of unregistered retailers (Tier-1) has decreased from 1,358 to 185 retailers, who are required... Published 06 Apr, 2022 05:53am
Business & Finance Syringes, sanitary items: Customs values revised ISLAMABAD: Directo-rate General Customs Valuation, Karachi has revised customs values on the import of... Published 05 Apr, 2022 05:38am
Business & Finance Imported goods: FBR issues updated classification codes ISLAMABAD: In a major move to facilitate importers, the Federal Board of Revenue (FBR) has issued updated... Updated 05 Apr, 2022 12:34pm
Business & Finance 17p GST, non-payment of refunds: Pharma sector warns of shortage of lifesaving drugs ISLAMABAD: The pharmaceutical sector has warned of a crisis-like situation and a severe shortage of lifesaving drugs... Updated 05 Apr, 2022 10:03am
Business & Finance Trade facilitation centre: FBR consultant visits Wagah border to inspect site LAHORE: A consultant of the Federal Board of Revenue (FBR) has visited the Wagah border to inspect the site for... Published 05 Apr, 2022 05:38am
Print Erstwhile Pata/Fata units: No tax relief beyond determined quota after 15th ISLAMABAD: The Federal Board of Revenue (FBR) has announced that the sales tax and income tax exemptions will not be... Updated 03 Apr, 2022 08:39am
Print Audit, return filing by businesspeople: FBR to give relaxation on integration with new systems ISLAMABAD: The Federal Board of Revenue (FBR) will give relaxation from return/statement filing and audit to... Updated 03 Apr, 2022 08:40am
Business & Finance FATA/PATA manufacturing units: FBR directs determination of installed capacity thru IOCO PESHAWAR: The Federal Board of Revenue (FBR) has directed manufacturing units in erstwhile FATA/PATA to determine... Published 03 Apr, 2022 05:34am
Business & Finance Millat Tractors case: President asks FBR to finalise refund payments as per rules ISLAMABAD: President Dr Arif Alvi, Friday declared that the Federal Board of Revenue (FBR) should finalise the sales... Published 02 Apr, 2022 04:14am
Print Fertilizer firms being issued show-cause notices despite SRO compliance ISLAMABAD: In spite of due compliance of relevant SRO, the Federal Board of Revenue (FBR)’s field formations are... Updated 02 Apr, 2022 10:28am
Print Waiver of tax relief: FBR yet to begin refund payments to various sectors ISLAMABAD: The Federal Board of Revenue (FBR) has yet to begin payment of sales tax refunds to various sectors... Updated 01 Apr, 2022 10:20am
Print New portal: FBR decides to upload profiles of non-filers ISLAMABAD: The Federal Board of Revenue (FBR) has decided to upload 3.5 million National Database and Registration... Updated 01 Apr, 2022 03:18pm
Business & Finance Rs29bn shortfall in March collection ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs 575 billion during March 2022 against... Published 01 Apr, 2022 05:41am
Business & Finance FBR rescinds its letter ISLAMABAD: The Federal Board of Revenue (FBR), Thursday rescinded its letter dated February 17, 2000 on the... Published 01 Apr, 2022 05:41am
Pakistan 10,000MTs of Indian wheat transported to Afghanistan so far LAHORE: A total of 10,000 metric tonnes Indian wheat has been transported to Afghanistan through Wagha border so ... Published 01 Apr, 2022 05:41am
Pakistan Meeting with vendors today: Ministry to seek justification of hike in prices of cars, SUVs ISLAMABAD: The Ministry of Industries and Productions has convened a meeting with auto vendors Thursday (Mar 31) to... Published 31 Mar, 2022 05:11am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?