Customs Dept: Businessmen concerned over anti-smuggling functions KARACHI: Atif Ikram Sheikh, President FPCCI, has apprised that the business community had grievances with the... Published 23 May, 2024 05:16am
Print FBR to issue uniform tax recovery rules in budget ISLAMABAD: The Federal Board of Revenue (FBR) will issue uniform sales tax, income tax and federal excise recovery... Updated 23 May, 2024 09:16am
Print No super tax payable on income falling under FTR: Karachi ATIR ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR), Karachi, has declared that no super tax is payable on... Updated 23 May, 2024 08:45am
Business & Finance Budget proposals: OICCI for standardising GST rates and policies KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) in its taxation proposals for the upcoming... Updated 23 May, 2024 09:19am
Opinion Properties of Pakistanis in Dubai In 2019 when I was the Chairman of Federal Board of Revenue (FBR) I asked my Director General International Taxation... Published 22 May, 2024 05:54am
Print Aurangzeb tells PRBC team: FBR digitalisation to broaden tax net ISLAMABAD: Finance Minister Muhammad Aurangzeb Tuesday informed Pakistan Retail Business Council (PRBC) that... Updated 22 May, 2024 09:27am
Business & Finance FTO instructs FBR to ensure IR Commissioner in addressing rectification application ISLAMABAD: The Federal Tax Ombudsman (FTO) has instructed the Federal Board of Revenue (FBR) to ensure that the... Published 22 May, 2024 05:54am
Business & Finance PBF for simplification of tax system KARACHI: Pakistan Business Forum (PBF) has recommended the federal government to simplify the tax system to reduce... Published 22 May, 2024 05:54am
Business & Finance Minister underscores need for broadening tax base ISLAMABAD: Pakistan has a capacity to generate Rs27,000 billion in terms of taxes and we will not need the loans of... Published 22 May, 2024 05:54am
Business & Finance Auctioned vehicles by successful bidders: FBR directed to devise comprehensive SOP for timely lab testing ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to devise a comprehensive... Published 22 May, 2024 05:54am
Business & Finance Budget 2024-25: PBC for documenting economy as per Indian model ISLAMABAD: Pakistan Business Council (PBC) has strongly proposed Finance Minister Muhammad Aurangzeb to implement... Published 21 May, 2024 03:39am
Editorials Informal economy EDITORIAL: The size of Pakistan’s informal sector has been a cause for much consternation for our policymakers as... Published 21 May, 2024 03:39am
Markets Tax proposals: PBC calls for ‘out of box solutions’ The Pakistan Business Council (PBC), one of the country’s largest corporate sector advocacy platforms, has urged... Updated 20 May, 2024 08:06pm
Opinion Need for a balanced revenue-sharing framework One of the key demands of the IMF is to increase the tax-to-GDP ratio to 13-14 percent by the end of the upcoming... Updated 20 May, 2024 06:21am
Business & Finance FTO says overseas Pakistanis entitled to import vehicles under IPO ISLAMABAD: The overseas Pakistanis are entitled to import vehicles under personnel baggage scheme, transfer of... Published 20 May, 2024 05:44am
Print Govt eyeing new steps to achieve Rs1trn plus taxation Budget makers are considering further increasing difference of withholding tax rates between filers and non-filers of returns Updated 20 May, 2024 07:05pm
Business & Finance KPRA continues crackdown on non-compliant taxpayers PESHAWAR: To improve tax compliance and discourage tax evasion, the Khyber Pakhtunkhwa Revenue Authority (KPRA)... Published 20 May, 2024 05:44am
Print Exploring investment: PM expected to visit UAE in a couple of weeks ISLAMABAD: Prime Minister Shehbaz Sharif is expected to visit United Arab Emirates (UAE) within a couple of weeks,... Updated 19 May, 2024 03:10pm
Print Art/music students: FTO directs FBR not to charge 20-40pc WHT on honoraria ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to stop Punjab Council of... Updated 19 May, 2024 09:31am
Pakistan Violation of SC orders: FTO orders probe against CTO Islamabad officials ISLAMABAD: The Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has ordered an investigation against the Federal ... Published 18 May, 2024 05:45am
Business & Finance Blocking SIM cards of non-filers: JWG constituted to streamline process ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a Joint Working Group (JWG) of tax officials and... Updated 18 May, 2024 08:41am
Business & Finance Hike in FED, GST on tobacco in budget: Shehla urges MPs, stakeholders to join efforts ISLAMABAD: Member National Assembly Shehla Raza Friday asked the parliamentarians and stakeholders to join efforts... Published 18 May, 2024 05:45am
Editorials Dubai property market EDITORIAL: Technically, at least, making smart investments in high-yielding asset classes – Dubai property market... Published 18 May, 2024 05:45am
Business & Finance Tajir Dost Scheme: FBR seeks trade unions’ cooperation ISLAMABAD: The Federal Board of Revenue (FBR) has urged the trade unions to cooperate with the government in... Published 18 May, 2024 05:45am
Print Not stopped from blocking SIM cards: FBR only barred from taking coercive steps against telcos: IHC ISLAMABAD: The Islamabad High Court (IHC) clarified it had not stopped the Federal Board of Revenue (FBR) from... Updated 18 May, 2024 04:59pm
Print Track-and-Trace programme: Bureaucratic hurdles put huge FDI at stake ISLAMABAD: The bureaucratic hurdles created by the Federal Board of Revenue (FBR) have put foreign direct investment... Updated 18 May, 2024 03:49pm
Business & Finance Don’t kill the goose that lays the golden egg, SITE body tells FBR, others KARACHI: SITE Association of Industry (SAI) in its budget proposals for the year 2024-25 forwarded to the Prime... Published 18 May, 2024 05:45am
Print FATA, PATA regions: No law under study to grant tax relief: Aurangzeb ISLAMABAD: Federal Minister for Finance Senator Muhammad Aurangzeb said there is no legislation under government... Updated 17 May, 2024 09:07am
Technology Rs63bn taxes/duties collected: DIRBS registers all GSMA-valid mobile devices ISLAMABAD: The Device Identification Registration and Blocking System (DIRBS) registered all GSMA-valid mobile... Published 17 May, 2024 05:50am
Editorials FBR must stop leaning on crutches EDITORIAL: In a fresh indicator of the Federal Board of Revenue’s (FBR’s) utter inability to carry out its basic job... Published 17 May, 2024 05:50am