LHC directives: FBR revises functions and powers of DGI&I IR ISLAMABAD: In line with the directives of the Lahore High Court (LHC), the Federal Board of Revenue (FBR) Tuesday... Updated 03 Mar, 2021 09:35am
Business & Finance World Bank & CDPR Unlock Pakistan’s Income Tax Potential in a New Webinar Series The Pakistan Development Policy series 2021 is a set of policy discussions organized by CDPR and the World Bank to discuss key reform areas critical to Pakistan’s economic, social and development growth. Updated 02 Mar, 2021 01:08pm
Print Eurobonds, Sukuk: Profit on debt exempted from income tax ISLAMABAD: The Federal Board of Revenue (FBR) has exempted income tax on the profit on debt of an agency of a ... Published 02 Mar, 2021 05:50am
Print FBR Member granted powers to redress ST pleas ISLAMABAD: The Federal Board of Revenue (FBR) has granted additional powers Updated 22 Feb, 2021 09:55am
Print FBR commissioners asked to use 'powers of inquiry' ISLAMABAD: The Federal Board of Revenue (FBR) has issued instructions to all Pakistan Commissioner Appeals to use... Updated 21 Feb, 2021 10:19am
Business & Finance FBR upbeat about surpassing Rs381bn target for Feb ISLAMABAD: The Federal Board of Revenue (FBR) is confident of surpassing the target of Rs381 billion set for the... Updated 19 Feb, 2021 09:23am
Print Corporate sector: Income tax exemptions may be withdrawn ISLAMABAD: The government will not revise sales tax and Federal Excise Duty (FED) rates before the next federal... Updated 18 Feb, 2021 09:23am
Business & Finance FBR proposes setting up of CITRO for centralised payment of refunds LAHORE: The Federal Board of Revenue (FBR) has proposed setting up of a Centralized Income Tax Refund Office (CITRO)... Published 14 Feb, 2021 03:49am
Print Electronic mode of serving notice: FBR withdraws legal clarification of 2018 ISLAMABAD: The Federal Board of Revenue (FBR) has withdrawn a legal clarification of 2018 in which electronic mode ... Published 13 Feb, 2021 04:11am
Business & Finance Business community: SCCI chief says FTO plays vital role in providing relief PESHAWAR: President of Sarhad Chamber of Commerce and Industry (SCCI), Sherbaz Bilour said that the Federal Tax... Published 13 Feb, 2021 04:11am
Business & Finance Video-analytics surveillance of sugar production lines: FBR issues evaluation criteria for selection of a vendor ISLAMABAD: The Federal Board of Revenue (FBR) has issued evaluation criteria for selection of one vendor to install... Updated 12 Feb, 2021 11:48pm
Print FBR reviews fertilizer sector’s tax exemption proposal ISLAMABAD: The Federal Board of Revenue (FBR) is reviewing a proposal of the fertiliser sector to grant exemption... Published 10 Feb, 2021 04:12am
Business Tax exemptions: Experts suggest recipe for getting rid of SROs ISLAMABAD: The only way to get rid of the Statutory Regulatory Orders (SROs) of the Federal Board of Revenue (FBR) ... Published 09 Feb, 2021 04:43am
Print Presidential Ordinance: Corporate sector IT exemptions may be withdrawn ISLAMABAD: The government is likely to withdraw the corporate sector income tax exemptions through a Presidential... Published 07 Feb, 2021 04:07am
Print Movement of goods from tax exempt areas to taxable areas: Persons required to get registered under ST Act ISLAMABAD: Persons bringing taxable goods from tax exempt areas of Azad Jammu and Kashmir, Gilgit-Baltistan and... Published 03 Feb, 2021 04:35am
Print Income Tax Ordinance 2001: Change made to Section 127(1) discriminatory: SC ISLAMABAD: The Supreme Court declared that the change made to Section 127(1) of the Income Tax Ordinance 2001 by the... Published 31 Jan, 2021 03:35am
Print ST refunds: Rs99bn payment made in H1 FY2020-21 ISLAMABAD: There was considerable increase in sales tax refunds payment during the first six months of the current... Published 31 Jan, 2021 03:35am
Print Jan provisional tax collection stands at Rs363bn ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected around Rs363 billion during January 2020... Published 30 Jan, 2021 03:55am
Opinion Constitution and tax codes — I Every year before the preparation of annual federal budget, the Federal Board of Revenue (FBR) seeks proposals from... Published 29 Jan, 2021 04:55am
Print Sec 114A of IT Ord: Salaried individuals not required to update tax profiles: FBR ISLAMABAD: The Federal Board of Revenue (FBR) has issued a clarification that the salaried individuals are not... Published 27 Jan, 2021 04:59am
Print IT Services, IT-enabled Services: No new tax imposed, FBR clarifies ISLAMABAD: The Federal Board of Revenue (FBR) has clarified that no new tax has been imposed on the IT Services and... Published 24 Jan, 2021 03:32am
Print Non-filing of Foreign Income and Assets Statement: SHC rules against issuance of notices under Section 182 KARACHI: The Sindh High Court (SHC) has ruled against the issuance of notices under Section 182 of the Income Tax... Published 23 Jan, 2021 03:56am
Business Inland Revenue officers: Uniform Inland Revenue Reward Rules 2021 issued ISLAMABAD: The Federal Board of Revenue (FBR) has issued the uniform Inland Revenue Reward Rules 2021 for Inland... Published 23 Jan, 2021 03:56am
Print New construction projects: Ordinance increases maximum estimated project life ISLAMABAD: The maximum estimated project life for new construction projects have been extended from 2.5 years to 3.5... Published 23 Jan, 2021 03:56am
Business & Finance Non-resident or overseas Pakistanis: FBR mulling extending certain benefits ISLAMABAD: The Federal Board of Revenue (FBR) is reviewing various proposals to grant certain benefits to the... Published 20 Jan, 2021 04:29am
Business & Finance 'Over Rs1m duties, taxes will be paid only through e-payment system from today' LAHORE: Mohsin Rafique, Collector of Customs Appraisement, Lahore, has said that from January 20, 2021 all duties ... Published 20 Jan, 2021 04:29am
Business NPPMCL granted IT exemption after privatisation ISLAMABAD: The Federal Board of Revenue (FBR) has decided to grant income tax exemption to the National Power Parks... Published 19 Jan, 2021 04:22am
Opinion Advance tax, refunds & compensation — III The PTI Government without waiting for the next budget, through Presidential Order or Finance Supplementary Bill... Published 17 Jan, 2021 04:13am
Print FBR restores sanctity of tax return filing deadline: SAPM LAHORE: The Federal Board of Revenue (FBR) has restored the sanctity of the last date of filing of income tax return... Published 17 Jan, 2021 04:13am