PM Shehbaz urges FBR to use technology to improve revenue collection Premier seeks roadmap for reconstruction of Pakistan Revenue Automation Limited Updated 24 Oct, 2024 11:47pm
Business & Finance LCCI holds awareness session on income tax return filing LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) has organised an awareness session on the filing of... Published 23 Oct, 2024 08:07am
Print IMF briefed about array of reforms WASHINGTON: Pakistani delegation comprising Secretary Finance Imdad Ullah Bosal and Governor State Bank of Pakistan... Updated 23 Oct, 2024 09:25am
Business & Finance FBR lists cases pending implementation of FTO rulings ISLAMABAD: The Federal Board of Revenue (FBR) has compiled a list of important cases where decisions of the Federal... Updated 22 Oct, 2024 08:50am
Print Late filers to pay surcharge for ATL enrolment: FBR ISLAMABAD: The Federal Board of Revenue (FBR) will include names of late-filers of income tax returns in the FBR’s... Updated 22 Oct, 2024 09:25am
Opinion Dated IMF staff report The International Monetary Fund (IMF) uploaded documents early 11 October Pakistan time, nearly thirteen weeks after... Updated 14 Oct, 2024 07:33am
Print Govt may collect Rs300bn from agri tax FBR asks provinces to adopt federal schedule of income tax for collection of agricultural income tax Updated 14 Oct, 2024 03:17pm
Print Last day for submission of income tax returns today: FBR LAHORE: The Federal Board of Revenue (FBR) has warned that Monday (today) is the last day for submission of income... Updated 14 Oct, 2024 09:30am
Print EFS ends: Exporters now to pay regular income tax: IMF ISLAMABAD: Exporters will be brought into the regular income tax regime, Exporters Facilitation Scheme terminated,... Updated 12 Oct, 2024 09:50pm
Opinion ‘The ‘last’ IMF programme?’ Business Recorder op-ed writer Farhat Ali deserves a lot of commendation for presenting a highly informed ... Published 06 Oct, 2024 02:44am
Print Dispute arises between FBR, AJ&K ISLAMABAD: A dispute has arisen between the Federal Board of Revenue (FBR) and Azad Jammu and Kashmir (AJ&K) tax... Updated 05 Oct, 2024 09:28am
Print Purchasing property, car: Non-tax filers to face restriction: Aurangzeb ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb on Tuesday said non-tax filers will have to... Updated 02 Oct, 2024 07:55pm
Print Tax return deadline extended till 14th ISLAMABAD: The Federal Board of Revenue (FBR) has finally extended last date for filing of income tax returns up to... Updated 01 Oct, 2024 09:21am
Print Tax return deadline: PM likely to take decision today ISLAMABAD: Prime Minister Shehbaz Sharif will take final decision on Monday (today) on possible one-month extension... Updated 30 Sep, 2024 09:24am
Print Extension in filing of income tax returns predicted ISLAMABAD: Tax experts have strongly predicted extension in filing of income tax returns beyond the September 30th... Updated 27 Sep, 2024 08:43am
Print No new taxation measures or mini-budget under study: FBR ISLAMABAD: Federal Board of Revenue (FBR) Member Inland Revenue (Policy) Dr Hamid Ateeq Sarwar said Wednesday that... Updated 26 Sep, 2024 01:01pm
Print Filing of returns: FBR approached for two-month extension ISLAMABAD: Despite Federal Board of Revenue’s (FBR) announcement of not extending date for filing of returns, the... Updated 26 Sep, 2024 02:21pm
Print Tax collection at import stage: share in total collection reduces ISLAMABAD: The tax collection at import stage constituted 35 percent and domestic tax collection’s share was 65... Updated 23 Sep, 2024 03:24pm
Print RTO Sargodha detects Rs23bn tax evasion ISLAMABAD: A Withholding Zone of Regional Tax Office (RTO) Sargodha has effectively utilised the existing data and... Updated 16 Sep, 2024 03:12pm
Print Section 122 (2) of ITO: ATIR reconciles apparently conflicting provisions ISLAMABAD: In a landmark judgement, Appellate Tribunal Inland Revenue, Islamabad has reconciled the apparently... Updated 16 Sep, 2024 03:12pm
Print Faulty returns: FBR proposes harsh enforcement steps ISLAMABAD: The Federal Board of Revenue (FBR) has proposed harsh enforcement measures against the existing filers of... Updated 13 Sep, 2024 09:14am
Print Tax exemption only allowed under ITO 2001, if ... ISLAMABAD: The taxpayers including exporters would only be allowed tax exemption under Income Tax Ordinance, 2001,... Updated 12 Sep, 2024 09:08am
Business & Finance PPWSA seeks concessions in WHT at par with commercial importers ISLAMABAD: The Pakistan Polypropylene Woven Sack Manufacturers Association (PPWSA) has sought similar concessions in... Published 08 Sep, 2024 02:42am
Print FBR amends Income Tax Rules: SOEs bound to approach ADRCs ISLAMABAD: The state-owned enterprises have been bound to approach the alternate dispute resolution committees... Updated 07 Sep, 2024 03:07pm
Print Jul-Aug: there’s Rs98bn shortfall, admits FBR Despite higher tax rates, net collection stands at Rs1,456 billion against assigned target of Rs1,554 billion during two-month period Updated 02 Sep, 2024 11:56am
Business & Finance Calculating income tax liability: Tax dept has failed to force bank to offer interest against ‘sticky’ loans LAHORE: The Tax department has failed to force an investment bank to offer the interest against sticky loans for... Published 28 Aug, 2024 06:22am
Business & Finance Tax collection under Finance Act 2024: KTBA urges FBR to clarify new amendments KARACHI: The Karachi Tax Bar Association (KTBA) has called on the Federal Board of Revenue (FBR) to clarify the... Updated 20 Aug, 2024 08:49am
Editorials Tajir Dost Scheme: unfriendly response? EDITORIAL: A Business Recorder exclusive has revealed that 58,000 out of 3.2 million small traders/shopkeepers have... Updated 15 Aug, 2024 06:56am
Print FTO concerned about not allowing tax credit to salaried class ISLAMABAD: Federal Tax Ombudsman (FTO) has expressed serious concern that the current withholding procedure of tax... Updated 14 Aug, 2024 10:12am
Opinion Budgetary outcome in 2023-24 The statistics on the outcome of fiscal operations by the federal and provincial governments in 2023-24 were ... Updated 13 Aug, 2024 07:40am
Satellite photos show Israel hit Iran former nuclear weapons test building, missile facilities, researchers say