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
Print Monthly Economic Update and Outlook of EAW: Credit to private sector declines 39.7pc YoY Finance Ministry states that expenditures remained under significant pressure due to rising mark-up payments Updated 30 May, 2024 09:31am
Print Tax relief on humanitarian donations, gifts: Revenue Division directed to process law amendments ISLAMABAD: The Federal Cabinet has directed the Revenue Division to process amendments to law/rules to ensure... Updated 30 May, 2024 09:28am
Pakistan SC’s order in refund matters: CTO Islamabad fails to submit comments before FTO ISLAMABAD: The Federal Board of Revenue’s Corporate Tax Office (CTO), Islamabad has failed to timely submit... Published 29 May, 2024 06:05am
Pakistan New customs values fixed ISLAMABAD: Directorate General of Customs Valuation Karachi has fixed new customs values on the import of Abrasive... Published 29 May, 2024 06:05am
Business & Finance FTO issues instructions to FBR: Field formations should not demand individual CPRs from taxpayers ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) that the field formations... Published 29 May, 2024 06:05am
Business & Finance FBR imposes penalty of ‘Compulsory Retirement’ upon IRO ISLAMABAD: The Federal Board of Revenue (FBR) has imposed a major penalty of “Compulsory Retirement” upon an... Published 29 May, 2024 06:05am
Print FBR’s e-portal has no direct linkage with govt’s withholding agent ISLAMABAD: The Federal Board of Revenue’s automated database (FBR’s e-portal) has no direct electronic linkage with... Updated 29 May, 2024 09:20am
Print FBR plans to collect Rs1.296trn thru duties ISLAMABAD: The Federal Board of Revenue (FBR) has estimated to collect nearly Rs1,296 billion from customs duties in... Updated 29 May, 2024 09:19am