Public money: ECC directs ministries, divisions to replace insurance with bank guarantee ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed all ministries/Division to take... Updated 12 Feb, 2025 02:34pm
Business & Finance Revenue Division seeks exemption from vacant post abolition requirement The Revenue Division has proposed a one-time dispensation from the policy requiring the abolition of 60% of vacant... Updated 24 Jan, 2025 10:10pm
Print Backing FBR operationalisation: Federal Cabinet approves setting up of ‘NTC’ National Targeting Centre employs advanced technologies and intelligence analysis to identify and prioritise potential threats related to the movement of passengers and cargo Updated 17 Dec, 2024 02:54pm
Print Tax relief on humanitarian donations, gifts: Revenue Division directed to process law amendments ISLAMABAD: The Federal Cabinet has directed the Revenue Division to process amendments to law/rules to ensure... Updated 30 May, 2024 09:28am
Print Caretakers to do only groundwork ISLAMABAD: The caretaker government has decided that in view of its constitutional and legal mandate, it would only... Updated 04 Feb, 2024 09:52am
Print Appointment of Benami adjudicating authority members: Cabinet grills Revenue Div for ignoring PMO’s suggestions ISLAMABAD: Revenue Division has reportedly been grilled by the caretaker federal cabinet for not honouring... Updated 29 Jan, 2024 09:14am
Business & Finance FBR’s ‘revamp plan’: Cabinet to take up summary of Revenue Division today ISLAMABAD: Federal Cabinet will take up the summary of the Revenue Division on the restructuring of the Federal ... Published 23 Jan, 2024 05:14am
Opinion Non-disclosures & underperformance Ever year Federal Board of Revenue (FBR) as Revenue Division of Ministry of Finance (MoF), issues data relating to... Published 22 Dec, 2023 05:22am
Print Forex deals: Tax on windfall profits of banks likely ISLAMABAD: The government is likely to invoke provisions of the Finance Act, 2023, to impose tax on windfall... Updated 15 Nov, 2023 09:49am
Print FTO barred from initiating action against banking co ISLAMABAD: Islamabad High Court (IHC) has restrained the Federal Tax Ombudsman (FTO) from taking action against a... Updated 09 Oct, 2023 08:43am
Print ‘Pakistan Land Port Authority’: ‘Final’ approval blocked by minister ISLAMABAD: Commerce Minister Syed Naveed Qamar is said to have blocked final approval of Pakistan Land Port... Updated 15 Jul, 2023 09:49am
Business & Finance Point of sale: FBR directed to issue instructions to field formations ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to issue instructions to... Published 09 Jun, 2023 06:20am
Business & Finance Revenue Div allowed to publish tax directory of MPs for 2020 ISLAMABAD: The federal cabinet has allowed the Revenue Division to publish the tax directory of parliamentarians for... Updated 19 Jan, 2023 08:38am
Business & Finance Taxpayers’ outstanding issues: FBR chief asks taxmen to pull their socks up ISLAMABAD: Chairman Federal Board of Revenue (FBR)/Secretary Revenue Division, Dr Muhammad Ashfaq Ahmed Friday... Published 11 Dec, 2021 04:12am
Business & Finance All fruits except fresh apples from Afghanistan exempted from sales tax ISLAMABAD: The Federal government has exempted all fruits of Afghanistan from sales tax from September 15, 2021... Published 17 Nov, 2021 04:22am
Print Nawaz, family: FTO seeks report on 'not taxing' assets, income ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed Chief Commissioner Inland Revenue, Lahore and other ... Updated 18 Oct, 2021 11:52am
Pakistan PAC drops discussion on Pandora Papers ISLAMABAD: A sub-committee of the Public Accounts Committee (PAC) had to drop discussion on Pandora Papers scam upon... Published 06 Oct, 2021 04:17am
Pakistan Security of taxpayers' data: No action taken against PRAL officials ISLAMABAD: The Federal Board of Revenue (FBR) has yet not taken any action against concerned officials of the... Published 05 Oct, 2021 04:34am
Business & Finance Probe into Cyber attack on FBR website: FTO summons Secy Revenue Div, PRAL CEO and FBR Member (IT) ISLAMABAD: The Federal Tax Ombudsman (FTO) has summoned Secretary Revenue Division; CEO, Pakistan Revenue Automation... Published 29 Sep, 2021 03:59am
Print Some specific companies: Rs1.6bn penal surcharge waived ISLAMABAD: The Federal Government has waived off Rs 1.6 billion penal surcharge to some specific companies on the... Updated 20 Sep, 2021 09:41am
Print High net-worth un-registered persons: Over 200,000 issued notices by FBR ISLAMABAD: The Federal Board of Revenue (FBR) has issued notices to over 200,000 high net-worth un-registered ... Updated 15 Sep, 2021 10:08am
Technology Purchase of software, IT-related equipment: Govt urged to declare operational emergency ISLAMABAD: The Revenue Division has requested the federal government to declare operational emergency for immediate... Published 14 Sep, 2021 03:55am
Print PSDP: Release of Rs392.686bn authorised in less than three months ISLAMABAD: The federal government authorised the release of Rs392.686 billion (43.6 percent of total budgeted amount... Updated 08 Sep, 2021 11:00am
Print Overstayed goods: Waiver of penal surcharge not likely ISLAMABAD: Finance Minister Shaukat Tarin has reportedly "blocked" a proposal of Federal Board of Revenue (FBR)... Published 31 Aug, 2021 03:43am
Business & Finance FTO to conduct investigation against LTO Islamabad ISLAMABAD: The Federal Tax Ombudsman (FTO) has decided to conduct an investigation against Large Taxpayer Office... Published 06 Aug, 2021 04:18am
Print PSDP 2021-22: Rs133.66bn released against budgeted Rs900bn ISLAMABAD: The federal government has released Rs133.66 billion (14.85 percent) for various ongoing and new... Published 18 Jul, 2021 05:33am
Print Junior officers: FBR takes serious notice of additional charges sans approval ISLAMABAD: The Federal Board of Revenue (FBR) has taken serious notice of an illegal practice in the field formation... Published 13 Jul, 2021 02:49am
Business Member of FBR policy board: Revenue Division secy receives letter for nomination of Dilawar Khan ISLAMABAD: The Revenue Division secretary has received a letter from the Senate Secretariat for nomination of ... Published 25 May, 2021 04:40am
Business & Finance Prize bond holders in a fix on eve of balloting LAHORE: Holders of Rs 7,500 denomination national prize bonds are in a fix on the eve of its balloting as the... Published 01 May, 2021 03:28am
Opinion Erstwhile FATA/PATA: Tax issues — II The FBR has recently issued the following circulars in respect of streamlining the exemptions available in the... Published 10 Apr, 2021 04:35am
Budget 2025-26: Pakistan targets 4.2% growth as Aurangzeb presents proposals ‘for a competitive economy’
Budget 2025-26: Pakistan targets 4.2% growth as Aurangzeb presents proposals ‘for a competitive economy’