APNS rejects 10pc GST on newsprint KARACHI: The APNS strongly rejects imposition of 10pc GST on import of newsprint and urges upon the Federal... Published 13 Jun, 2024 06:22am
Pakistan Coal, gypsum and plastic waste: 80pc GST withholding rate on supplies proposed ISLAMABAD: The Finance Bill 2024 has proposed a sales tax withholding rate of 80 percent on supplies of coal,... Published 13 Jun, 2024 03:32am
Business & Finance Long-term tax policy reforms recommended: Economists for flexible tariff system ISLAMABAD: Economists while recommending long-term tax policy reforms have urged the government to introduce and... Published 11 Jun, 2024 03:17am
Opinion The plight of exporters Most textile and apparel exporters operate on razor-thin margins, where pricing differentials are in US cents and... Updated 10 Jun, 2024 07:58am
Business & Finance Exchange losses, GST cut & IFEM: OMAP approaches SIFC ISLAMABAD: The Oil Marketing Association of Pakistan approached the Special Investment Facilitation Council... Published 08 Jun, 2024 07:00am
Print WHT on cash withdrawals: PM rejects another key revenue step of FBR ISLAMABAD: Prime Minister Shehbaz Sharif has rejected another key revenue measure of the Federal Board of Revenue... Updated 07 Jun, 2024 12:54pm
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
Business & Finance PAAPAM opposes GST on tractor industry LAHORE: The Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) on Monday opposed GST on... Published 04 Jun, 2024 06:28am
Markets Govt announces cut in petrol, diesel rates ISLAMABAD: Federal government announces up to Rs 4.74 per liter reduction in petroleum product prices, effective ... Published 01 Jun, 2024 06:59am
Print Fuel prices likely to decline again ISLAMABAD: Fuel prices are expected to go down again. The federal government is likely to announce a decrease in... Updated 25 May, 2024 04:20pm
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
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
Print Petrol price slashed by Rs15.39, HSD’s by Rs7.88 ISLAMABAD: Federal government on Wednesday announced massive cut up to Rs 15.39 per litre in the ex-dept prices of... Updated 16 May, 2024 09:00am
Business & Finance Services by provinces: Jul-Mar GST collection soars 23pc to Rs353.223bn YoY ISLAMABAD: There has been an increase of 23 percent in the collection of sales tax on services (GST) by the ... Published 07 May, 2024 06:05am
Business & Finance More tax generation: CAP seeks adoption of digital payments in retail sector LAHORE: The Chainstore Association of Pakistan (CAP) has called on authorities to prioritize the adoption of digital... Published 03 May, 2024 06:29am
Editorials Unified GST collection proposed EDITORIAL: The World Bank has urged the government of Pakistan to merge various federal and provincial revenue... Published 15 Apr, 2024 03:56am
Print Provincial GST on franchise fee, air travel: FBR decides to expedite cases in high courts ISLAMABAD: The Federal Board of Revenue (FBR) has decided to expedite cases in high courts where taxpayers have... Updated 07 Apr, 2024 09:31am
Opinion Income, not consumption, taxes: Applying a ‘national income tax’ for a welfare state ‘The fundamental injustice of consumption taxes, relative to income taxes, is that the well-off can postpone them by... Updated 22 Mar, 2024 11:00am
Print Dealings with local consumers: IMF for GST registration of online digital platforms ISLAMABAD: The International Monetary Fund (IMF) has recommended sales tax registration of online digital platforms... Updated 21 Mar, 2024 08:44am
Opinion Time to revisit the NFC Award Notwithstanding the recent IMF demand to amend the existing NFC award, there is a longstanding need to address the... Published 19 Mar, 2024 04:53am
Business & Finance Petrol’s price remains unchanged ISLAMABAD: Federal government on Friday announced to keep the ex-depot price of petrol unchanged, and Rs 1.77 per... Updated 16 Mar, 2024 05:11pm
Business & Finance PAAPAM opposes proposed hike in ST on automobiles LAHORE: The Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) has voiced serious... Published 25 Feb, 2024 04:51am
Print Locally-made passenger cars: PAMA protests GST hike proposal by govt KARACHI: The Pakistan Automotive Manufacturers Association (PAMA) has strongly protested the government’s proposal... Updated 17 Feb, 2024 09:58am
Business & Finance Gang behind bogus GST invoices busted ISLAMABAD: The Directorate of Intelligence & Investigation (Inland Revenue), Islamabad has busted an organised... Published 15 Feb, 2024 05:39am
Print PRR project: World Bank accepts govt request ISLAMABAD: The World Bank has accepted the government’s request for the extension of the closing date and... Updated 11 Feb, 2024 09:30am
Print Petrol price likely to increase from Feb 1 ISLAMABAD: The interim government may raise the petrol price by Rs 8 to Rs 11 per litre with effect from February 1,... Updated 30 Jan, 2024 10:44am
Opinion FBR restructuring: a recipe for disaster–II Just to highlight the difficulties involved let’s look at critical requirements for broadening of the tax base and... Published 29 Jan, 2024 04:37am
Print Q1 GST collection by Sindh govt up 43pc to Rs48.298bn YoY ISLAMABAD: Sales tax on services (GST) collection by the Sindh government rose to Rs48.298 billion during the first... Updated 17 Dec, 2023 07:30pm
Business & Finance Govt slashes petrol price by Rs14, HSD’s by Rs13.50 ISLAMABAD: The caretaker government on Friday announced reduction in ex-depot prices of major petroleum products,... Published 16 Dec, 2023 05:49am
Business & Finance GST-registered persons: FBR body to evaluate applications for licenses ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a committee to evaluate applications for grant of... Published 15 Dec, 2023 03:12am