Going after taxpayers without sound legal footing constitutes harassment: FTO ISLAMABAD: The Inland Revenue tax officials are allegedly committing the worst kind of harassment by issuing illegal... Published 08 Jun, 2024 07:00am
Business & Finance FBR penalises IR officer for causing revenue loss ISLAMABAD: The Federal Board of Revenue (FBR) has penalized an Inland Revenue officer, who caused revenue loss by... Published 08 Jun, 2024 07:00am
Markets Pakistan should ‘abandon’ CGT once and for all: co-founder of Tundra Fonder Remarks come over rumoured proposal to increase taxation on Pakistan's capital markets Updated 07 Jun, 2024 10:57pm
Pakistan Customs inspector ‘involved’ in smuggling of POL products reinstated ISLAMABAD: The Federal Board of Revenue (FBR) has re-instated an inspector of customs, who alleged that he allowed... Published 07 Jun, 2024 06:24am
Opinion Give SMEs a chance The turnover tax regime in Pakistan poses significant challenges for small and medium enterprises (SMEs), placing... Published 07 Jun, 2024 06:24am
Editorials The pressing need for tax reforms EDITORIAL: That Pakistan’s moribund tax structure is in urgent need of a comprehensive overhaul is a reality that... Published 07 Jun, 2024 06:24am
Business & Finance FBR asked to stop harassing taxpayers by demanding individual CPRs ISLAMABAD: The Federal Tax Ombudsman (FTO) has expressed serious concern that the Federal Board of Revenue (FBR) is... Published 07 Jun, 2024 06:24am
Print WHT on cash withdrawals: PM rejects another key revenue step of FBR ISLAMABAD: Prime Minister Shehbaz Sharif has rejected another key revenue measure of the Federal Board of Revenue... Updated 07 Jun, 2024 12:54pm
Print Import concessions: FBR unveils updated list of 222 locally-made goods ISLAMABAD: The Federal Board of Revenue (FBR) Thursday issued an updated list of 222 locally-manufactured goods for... Updated 07 Jun, 2024 08:42am
Business & Finance Move to defend stance before FTO: Taxpayer’s lawyer declared habitual litigant by CTO ISLAMABAD: The Federal Board of Revenue’s Corporate Tax Office, Islamabad recently adopted an unconventional novel... Published 07 Jun, 2024 06:24am
Markets Asset classes: PSX urges govt to remove tax-driven distortions KARACHI: Pakistan Stock Exchange (PSX) has proposed to the federal government to remove the tax-driven distortions... Published 06 Jun, 2024 03:09am
Print FBR finalises revised GST schedules for budget ISLAMABAD: The Federal Board of Revenue (FBR) has finalised revised sales tax schedules, ie, Sixth Schedule... Updated 06 Jun, 2024 08:40am
Pakistan DG of I&I-IR, Hyderabad and Karachi busts network of tax fraudsters HYDERABAD: As part of the national drive against tax crimes/frauds by the FBR, the Directorate General of... Published 05 Jun, 2024 07:47am
Pakistan Business operations to become infeasible if higher FED rates continue: LUMS ISLAMABAD: A new study by the Lahore University of Management Sciences (LUMS) cautioned that the business operations... Published 05 Jun, 2024 07:08am
Business & Finance FBR asked to review banks’ withholding regime ISLAMABAD: The Federal Tax Ombudsman (FTO) has recommended the Federal Board of Revenue (FBR) to review regulatory... Published 05 Jun, 2024 06:25am
Print Super tax cannot be imposed retrospectively: LHC ISLAMABAD: Lahore High Court (LHC) Tuesday held that super tax under Section 4C (Super tax on high-earning persons)... Updated 05 Jun, 2024 02:11pm
Print Transactions in PKR between Gwadar free zone, tariff area allowed ISLAMABAD: The Federal Board of Revenue (FBR) has allowed business transactions of goods trading between Gwadar Free... Updated 05 Jun, 2024 02:11pm
Print Lack of coordination between depts: FBR’s efforts aimed at broadening tax base hit a snag KARACHI: The Federal Board of Revenue’s efforts to broaden the tax base have hit a snag due to a lack of... Updated 05 Jun, 2024 09:35am
Print Contractual obligations, rollovers, loans: PM’s China visit aims at getting a breathing space Sources say PM hopes to secure Chinese cooperation in agriculture, information technology, energy, and alternative energy under CPEC Updated 04 Jun, 2024 09:41am
Business & Finance FY25 budget: Pension tax proposal dropped ISLAMABAD: The government has dropped a major budget proposal to tax pensions in 2024-25. It is learnt that the... Published 04 Jun, 2024 06:28am
Business & Finance Finance Bill to amend Tax Laws (Amendment) Act, 2024 ISLAMABAD: Finance Bill 2024 would amend Tax Laws (Amendment) Act, 2024 to deal with emerging legal issues being... Published 04 Jun, 2024 06:28am
Business & Finance FBR: transfers and postings ISLAMABAD: The Federal Board of Revenue (FBR) has transferred and posted 12 senior Inland Revenue officials of... Published 04 Jun, 2024 06:28am
Business & Finance Economy showing signs of improvement: Tarar LAHORE: Federal Minister for Information and Broadcasting Attaullah Tarar said on Monday that the country’s... Published 04 Jun, 2024 06:28am
Business & Finance FBR digitisation: Aurangzeb calls for utilisation of PRAL, REMIT data Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has called for using data from PRAL (Pakistan... Published 03 Jun, 2024 03:23pm
Print FBR to upgrade IT infrastructure through World Bank lending ISLAMABAD: The Federal Board of Revenue (FBR) will modernise its IT infrastructure, set up new data centres and... Updated 03 Jun, 2024 09:13am
Pakistan Health activists propose higher taxes on tobacco products ISLAMABAD: The Federal Board of Revenue (FBR) has received a budget proposal from health advocates to increase taxes... Published 02 Jun, 2024 02:53am
Print FTO proposes massive changes in tax policy/laws ISLAMABAD: The Federal Tax Ombudsman (FTO) has proposed massive changes in tax policy/laws through Finance Bill 2024... Updated 02 Jun, 2024 12:21pm
Print Off-dock terminal NLC Sultanabad: FBR declares it as customs port ISLAMABAD: The Federal Board of Revenue (FBR) has declared Off-Dock Terminal, M/s National Logistics Corporation... Updated 02 Jun, 2024 09:25am
Print Alleged involvement in refund issue: FBR fires four senior IR officers ISLAMABAD: The Federal Board of Revenue (FBR) has removed four senior Inland Revenue officers from their positions... Updated 01 Jun, 2024 02:02pm
Print Plea challenging Tax Laws (Amendment) Act: LHC issues notices to ministry of law, FBR & AGP ISLAMABAD: The Lahore High Court (LHC) has issued notices to the Ministry of Law and Justice, the Federal Board of... Updated 01 Jun, 2024 02:02pm