Scrap import: PSRMA suggests steps to curb misdeclaration KARACHI: Pakistan Steel Re-Rolling Mills’ Association (PSRMA) has proposed destuffing and examination of each and... Published 08 Apr, 2021 04:10am
Print July-March (2020-21): FBR witnesses 10pc growth in collection ISLAMABAD: The Federal Board of Revenue (FBR) has witnessed 10 percent growth in revenue collection during ... Published 03 Apr, 2021 03:41am
Opinion Simplification of taxes for growth — III In this concluding part, we are highlighting various proposals already given to the government of Pakistan... Published 02 Apr, 2021 04:58am
Business FBR urged to lower duty on import of motorcycle spare parts KARACHI: Chairman of the All Pakistan Motorcycle Spare Parts Importers and Dealers Association, Khalid Waheed has... Published 30 Mar, 2021 05:45am
Business OICCI for reviewing decision on withdrawal of exemptions ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) has urged the government to review the... Published 26 Mar, 2021 05:22am
Business Tax profiles deadline: Experts delineate possible actions by FBR ISLAMABAD: Tax experts Thursday said that the Federal Board of Revenue (FBR) may remove taxpayers’ name from the... Published 26 Mar, 2021 05:22am
Business METRO Pakistan integrates its POS with FBR’s system KARACHI: METRO Pakistan in collaboration with the Federal Bureau of Revenue (FBR) has completed integration of all... Published 25 Mar, 2021 05:08am
Print Delay in issuance of income tax refunds: PHC issues notices to President, FBR chief ISLAMABAD: A division bench of the Peshawar High Court (PHC) has issued notice to the office of the President of... Updated 22 Mar, 2021 09:47am
Business FPCCI chief urges FBR to withdraw notices KARACHI: Mian Nasser Hyatt Maggo, President of the Federation of Pakistan Chambers of Commerce and Industry strongly... Published 22 Mar, 2021 04:18am
Business Agricultural Income Tax: CM sets Rs20bn collection target HYDERABAD: Sindh Board of Revenue senior member Shahid Parvaiz said the chief minister has set a target of Rs 20... Published 20 Mar, 2021 04:39am
Business NBFI, Modaraba: FPCCI concerned at deletion of tax exemptions KARACHI: President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Mian Nasser Hyatt Magoo has... Published 20 Mar, 2021 04:39am
Business & Finance IT (2nd Amend) Act 2021: Withdrawal of fiscal concessions to damage investor confidence: PBC KARACHI: With reference to the draft Income Tax (Second Amendment) Act 2021, which is being extensively discussed in... Published 20 Mar, 2021 04:39am
Pakistan Promulgation of the Tax Laws Ordinance: Govt seeks approval of federal cabinet ISLAMABAD: The government is seeking approval of the Federal Cabinet for promulgation of the Tax Laws (Second... Updated 19 Mar, 2021 09:34am
Print Industry in SEZs: FBR barred from withdrawing tax exemptions ISLAMABAD: The Federal Cabinet is said to have barred Federal Board of Revenue (FBR) from withdrawing tax exemptions... Updated 17 Mar, 2021 09:45am
Business Second Schedule of Income Tax Ordinance, 2001: NBFI & Modaraba Association oppose amendment KARACHI: The NBFI & Modaraba Association of Pakistan has opposed any amendment in the Second Schedule of Income... Published 16 Mar, 2021 04:43am
Business & Finance Income Tax Amendment Bill 2021: Several exemptions under CPEC proposed to withdraw: expert ISLAMABAD: International tax expert Dr Ikramul Haq has said that the proposed Income Tax Amendment Bill 2021... Published 15 Mar, 2021 05:22am
Print Nine sectors/industries: Reduced rates of income tax to be withdrawn ISLAMABAD: The government has decided to withdraw reduced rates of income tax applicable on nine different... Published 13 Mar, 2021 04:28am
Print Plant, machinery: Govt plans to abolish ‘first year allowance’ ISLAMABAD: The government is planning to abolish 'first year allowance' available on the plant, machinery and... Published 13 Mar, 2021 04:28am
Print Corporate income tax exemptions: Withdrawal causes Rs10bn revenue impact ISLAMABAD: The withdrawal of corporate income tax exemptions available to the industrial undertakings under section... Updated 12 Mar, 2021 10:07am
Business Tax disputes: FBR constitutes 18 ADRCs ISLAMABAD: The Federal Board of Revenue (FBR) has constituted 18 Alternative Dispute Resolution Committees (ADRCs) ... Published 12 Mar, 2021 05:10am
Business 100pc tax credit facility to charitable bodies: Govt plans to introduce new procedure ISLAMABAD: The government is planning to introduce a new procedure to provide 100 percent tax credit facility to the... Published 12 Mar, 2021 05:10am
Editorials Cabinet-approved draft bills deserve support EDITORIAL: It was revealed during Dr Hafeez Sheikh-led press conference that the cabinet has approved three draft... Published 11 Mar, 2021 05:25am
Business Tax refunds to be paid through automated system of CITRO ISLAMABAD: In line with the vision of the Prime Minister to provide maximum facilitation to the taxpayers and under... Published 11 Mar, 2021 05:25am
Business FBR clarifies ISLAMABAD: Federal Board of Revenue (FBR) has clarified news circulating on social media about a proposal to ... Published 11 Mar, 2021 05:25am
Pakistan FBR clarifies position on tax exemption of computer, IT services exports It said that this exemption was subject to condition that 80% of the export earnings were remitted to Pakistan through normal banking channel. Updated 11 Mar, 2021 12:49am
Print Rs70-140bn corporate tax exemptions to go, says FBR chief ISLAMABAD: Federal Board of Revenue (FBR) Chairman Javed Ghani Tuesday said the government would withdraw corporate... Updated 10 Mar, 2021 09:45am
Print SBP chief being made accountable to Parliament ISLAMABAD: The federal cabinet on Tuesday approved three important draft bills – the State Bank of Pakistan (SBP)... Updated 10 Mar, 2021 04:22pm
Business After passage of IT (2nd Amend) Bill: Actual impact of tax exemptions withdrawal won’t be over Rs30-40bn: experts ISLAMABAD: After the passage of ‘The Income Tax (Second Amendment) Bill, 2021’ income tax exemptions available ... Published 10 Mar, 2021 04:59am
Print Simplified taxation, economic growth: FPCCI submits proposals to PM ISLAMABAD: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has submitted proposals to the Prime... Updated 08 Mar, 2021 09:22am
Editorials Tax to GDP ratio: decline persists EDITORIAL: Development Policy Series in collaboration with the World Bank during a webinar titled “Unlocking... Published 08 Mar, 2021 05:45am