Print No GST chargeable on auction for serviceable old cars: FBR ISLAMABAD: To avoid practice of double payment of sales tax on vehicles auction, the Federal Board of Revenue (FBR)... Updated 30 Apr, 2021 09:28am
Print IPPs urge govt to make payment ISLAMABAD: Indepe-ndent Power Producers (IPPs) have urged the federal government to make payment of the first... Published 28 Apr, 2021 03:18am
Business Confectionery items: FBR enhances duty drawback rates on exports ISLAMABAD: The Federal Board of Revenue (FBR) has enhanced duty drawback rates on the exports of confectionery items... Published 28 Apr, 2021 03:18am
Print 41.39pc annual share: Karachi remains top contributor to tax collection ISLAMABAD: Karachi remained the highest contributor to income tax collection having an annual share of 41.39 percent... Updated 28 Apr, 2021 10:09am
Pakistan FBR reduces office timings KARACHI: The Federal Board of Revenue (FBR) has reduced the office hours from 9am to 2pm with 50 percent work from... Updated 27 Apr, 2021 10:09am
Print Justice Isa’s wife: SC recalls its FBR probe order ISLAMABAD: The Supreme Court by a majority of six to four set aside and recalled its order dated 19th June 2020... Published 27 Apr, 2021 03:02am
Print AGP lists serious issues in payment of refunds ISLAMABAD: The Auditor General of Pakistan (AGP) has declared that the slack monitoring, absence of post-refund... Published 25 Apr, 2021 03:13am
Print Justice Isa’s wife: SC urged to delete ‘parts’ of judgement relating to sending matter to FBR ISLAMABAD: The Supreme Court has been urged to delete the “parts of the judgement” relating to sending the ... Published 25 Apr, 2021 03:13am
Editorials The need to promote tourism EDITORIAL: The ruling Pakistan Tehreek-e-Insaf (PTI) has been talking about promoting tourism to bolster the... Published 25 Apr, 2021 03:13am
Print Misinvoicing of exports: DGCV empowered to prevent flight of capital ISLAMABAD: The Federal Board of Revenue (FBR) has empowered the Directorate General of Customs Valuation to prevent... Published 24 Apr, 2021 03:21am
Pakistan We will only meet PM, says Tareen LAHORE: Pakistan Tehreek-e-Insaf (PTI) senior leader Jahangir Tareen has said that soon his group will meet Prime... Updated 23 Apr, 2021 10:05am
Print Economic body asked to provide clear road maps ISLAMABAD: The Economic Advisory Council (EAC) has been asked to come up with short-, medium-, and long-term road... Published 23 Apr, 2021 05:12am
Print Duty-free car import: FBR changes definition of word ‘tourists’ ISLAMABAD: The Federal Board of Revenue (FBR) has changed the definition of ‘tourists’ for allowing temporary... Updated 23 Apr, 2021 09:38am
Pakistan Sajidullah Siddiqui made FBR Member (IT) KARACHI: Sajidullah Siddiqui, a BS-21 officer of IRS, has been appointed as Member (IT), Federal Board of Revenue... Updated 22 Apr, 2021 09:50am
Business Steel sector suggests check in massive mis-declaration ISLAMABAD: The documented steel sector has proposed to the Federal Board of Revenue (FBR) to take measures to check... Published 22 Apr, 2021 03:55am
Business FBR considering reduction in number of WHT lines ISLAMABAD: The Federal Board of Revenue’s major guiding principles of tax policy included reduce dependence on... Published 21 Apr, 2021 03:21am
Business Tax exemption violation in erstwhile FATA: Senate chairman seeks report from FBR, ministries ISLAMABAD: Chairman Senate Sadiq Sanjrani Tuesday sought a report from Federal Board of Revenue (FBR) and ministries... Published 21 Apr, 2021 03:21am
Business & Finance Tax evasion in tobacco industry: Experts surprised over claims of Mardan-based company ISLAMABAD: Leading tax experts and tax advisors are surprised over the claims of a Mardan-based company, which... Updated 20 Apr, 2021 10:03am
Business & Finance FBR devises new complaint redressal mechanism against corruption LAHORE: The Federal Board of Revenue (FBR) has devised a new complaint redressal mechanism to address the complaints... Updated 20 Apr, 2021 10:03am
Business & Finance Hackers scamming taxpayers through fake emails, warns FBR As per details, these fake emails instruct the targeted taxpayers to check the attached Income Tax Defaulters List for their details. Published 19 Apr, 2021 10:11am
Business & Finance FBR seizes 6m counterfeit cigarettes ISLAMABAD: The Federal Board of Revenue (FBR) has seized two truckloads of six million counterfeit cigarettes,... Updated 18 Apr, 2021 10:30am
Print Personal income tax: FBR trying to reduce number of slabs to 5 ISLAMABAD: The Federal Board of Revenue (FBR) is working on different options to bring down the number of personal... Published 16 Apr, 2021 03:40am
Print Unregistered buyers: CNICs numbers to be retained in FY22 budget ISLAMABAD: The government’s biggest documentation measure to provide Computerized National Identity Card (CNICs)... Published 15 Apr, 2021 03:22am
Print Foreign investors promised tax relief, incentives in FY22 budget ISLAMABAD: The Federal Board of Revenue (FBR) Tuesday assured top foreign investors maximum tax relief and ... Updated 14 Apr, 2021 10:10am
Print Asim made FBR chairman ISLAMABAD: Asim Ahmad, FBR Member IT (BS-21 officer of Inland Revenue Service), has assumed the charge of chairman... Published 10 Apr, 2021 04:34am
Business & Finance TAS taxpayers’ info: FBR refusal may be challenged before PIC: LHC ISLAMABAD: Lahore High Court (LHC) has observed that the Federal Board of Revenue's refusal to provide detail of... Published 10 Apr, 2021 04:34am
Business & Finance Govt appoints Asim Ahmed as FBR Chairman The FBR Chairman, Javed Ghani, was set to retire on April 10th, i.e., two months before the announcement of the federal budget. Published 09 Apr, 2021 04:18pm
Pakistan Sindh to align its valuation table with FBR for CGT collection from Karachi, Hyderabad, Sukkur It was pointed out that the FBR has issued valuation tables for three cities including Karachi, Hyderabad, and Sukkur, for Capital Gains Tax collection. Updated 09 Apr, 2021 12:07am
Business & Finance Fake/flying invoices: Steel sector submits plan to FBR ISLAMABAD: The documented steel sector (large steel producers) has offered the Federal Board of Revenue (FBR) to ... Updated 07 Apr, 2021 09:50am
Pakistan SICPA vs FBR case: Next hearing to be held at SHC on 13th ISLAMABAD: The next hearing on M/s SICPA versus the Federal Board of Revenue (FBR) case on the implementation of the... Published 06 Apr, 2021 04:23am