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 01:24pm
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
Business & Finance Audit report for FY23 tax period: AGP objects to FBR’s increased reliance on WHTs ISLAMABAD: The Auditor General of Pakistan (AGP) has strongly objected that the Federal Board of Revenue (FBR) has... Published 17 May, 2024 05:50am
Print Immovable properties: Hike in advance tax on purchase likely Taxation on real estate discussed during ongoing meetings between FBR and IMF Updated 17 May, 2024 11:39am
Business & Finance Illicit cigarette market not as large as tobacco industry claims: WHO ISLAMABAD: The World Health Organisation’s (WHO) new study found that there is no evidence that Pakistan’s... Published 17 May, 2024 05:50am
Business & Finance Bakhtiar Muhammad appointed as FBR spokesperson ISLAMABAD: Bakhtiar Muhammad, a BS-21 officer of Inland Revenue Service, presently posted as Member (PR), Federal... Published 17 May, 2024 05:50am
Pakistan Omar demands thorough probe into ‘Dubai Unlocked’ properties ISLAMABAD: The opposition leader in the National Assembly Omar Ayub Khan on Wednesday demanded a thorough probe into... Published 16 May, 2024 06:29am
Opinion The AJK curtain-raiser I fear the recent unrest in AJK was not an isolated affair, nor does the delayed Rs35bn sweetener mean the end of ... Published 16 May, 2024 06:28am
Opinion PARTLY FACETIOUS: ‘It’s never what you say, but in which language you say that is important’ “So all hail to the gods of legality.” “Excuse me!” “I was referring to the recurring nightmare of the... Published 16 May, 2024 06:28am
Print Non-filers: FBR proposes WHT raise on cash withdrawal from banks ISLAMABAD: The Federal Board of Revenue (FBR) has proposed to raise withholding tax on cash withdrawal from the... Updated 16 May, 2024 11:50am
Business & Finance All services under PRA will be brought under tax net: Minister LAHORE: In order to facilitate the documentation of the economy in Punjab, all services under the Punjab Revenue... Published 16 May, 2024 06:28am
Business & Finance Import of black tea: Govt decides to revise structure of duties, taxes ISLAMABAD: The government has decided to revise duties and taxes structure on the import of black tea in coming... Published 16 May, 2024 06:28am
Business & Finance Illicit cigarettes supply chain: FBR to focus on enforcement at all stages ISLAMABAD: The Federal Board of Revenue (FBR) will now focus on enforcement at all stages of the illicit supply ... Published 16 May, 2024 06:28am
Business & Finance SPARC says seeks increased taxation on cigarettes ISLAMABAD: Society for the Protection of the Rights of the Child (SPARC) has proposed Federal Board of Revenue (FBR)... Published 16 May, 2024 06:28am
Print PD gets PM’s nod for power tariff hike Federal Board of Revenue in consultation with Ministry of Finance to review overall taxes applicable on electricity consumers Updated 16 May, 2024 09:45am