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
Business & Finance ‘22,000 traders registered under TDS so far’ KARACHI: Around 22,000 traders have so far registered their businesses under the Tajir Dost Scheme (TDS). This was... Published 01 Jun, 2024 06:59am
Pakistan Delay in payment of refunds major area of concern for FTO’s office: Jah ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has said the taxpayers are fully confident to obtain ... Published 31 May, 2024 06:58am
Opinion Budget & tax policy ‘The impact of economic growth on the lives of people is partly a matter of income distribution, but it also depends... Updated 31 May, 2024 07:29am
Print Warehouses, logistics: industry status announced ISLAMABAD: Representatives of chambers of commerce and industry and various industrial and business associations... Updated 31 May, 2024 08:38am
Print SECP urges FBR to reduce WHT on dividend, NBFCs & Modarabas ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has asked Federal Board of Revenue (FBR) to... Updated 31 May, 2024 08:36am
Print Aurangzeb vows support to steel industry ISLAMABAD: Finance Minister Muhammad Aurangzeb has said that the government is committed to supporting the local... Updated 31 May, 2024 09:17am
Print SECP proposes FBR to align rates of capital gain tax on sale of immovable property ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed Federal Board of Revenue (FBR) to... Updated 31 May, 2024 08:58am
Pakistan PSMA clarification LAHORE: Pakistan Sugar Mills Association (Punjab Zone) has categorically denied a news report carried Business... Published 30 May, 2024 06:19am
Print Rising commodity prices: MoC likely to set up panel to exercise MEP restrictions ISLAMABAD: Commerce Ministry is likely to constitute a committee to exercise restrictions of Minimum Export Price... Updated 30 May, 2024 08:38am
Business & Finance FTO asks ECC to decide about disposal of seized ambulances ISLAMABAD: The Federal Tax Ombudsman (FTO) has asked the Economic Coordination Committee (ECC) to take decision on... Published 30 May, 2024 06:19am