Exemption of local scrap from sales tax: Delay in implementation causing over Rs 5bn revenue loss per month ISLAMABAD: The delay in implementation of a key budgetary measure (2024-25) to exempt local scrap from sales tax has... Published 25 Sep, 2024 06:48am
Print GST relief on scrap: Steel industry urges FBR to implement policy decision ISLAMABAD: The documented steel industry has asked the Federal Board of Revenue (FBR) to implement policy decision... Updated 03 Sep, 2024 08:58am
Business & Finance Petroleum products into sales Tax exemption: Change of status of zero-rating to benefit FBR worth Rs20bn ISLAMABAD: The change of status of zero-rating of petroleum products into sales tax exemption would benefit Federal... Published 31 Jul, 2024 06:40am
Pakistan Charitable hospitals: PIMA urges govt to retain sales tax exemption ISLAMABAD: Pakistan Islamic Medical Association (PIMA) has expressed serious concern over the federal government’s... Published 20 Jun, 2024 06:01am
Business & Finance Fata, Pata units: No extension in tax exemptions beyond 30th ISLAMABAD: The government will not extend tax exemptions beyond June 30, 2023, available to the industrial units of... Published 07 Jun, 2023 06:05am
Print Old COE/used stores of civil armed forces exempted from tax ISLAMABAD: The Federal Board of Revenue (FBR) has exempted sales tax on old contingent-owned equipment (COE) or used... Updated 04 Jan, 2023 09:45am
Print ‘Flood Levy’: FBR has not drafted any proposal ISLAMABAD: The Federal Board of Revenue (FBR) has not drafted any proposal to impose “Flood Levy” or any new... Updated 16 Dec, 2022 09:27am
Print Ordinance promulgated: Amended tax laws come into force President Dr Arif Alvi gives approval to the Ordinance on the advice of the prime minister under Article 89(1) of the Constitution Updated 23 Aug, 2022 09:53am
Print GST exemption to pharma industry costs FBR over Rs101bn ISLAMABAD: The Federal Board of Revenue (FBR) has calculated a revenue loss of over Rs101 billion on account of... Updated 09 Jul, 2022 09:30am
Print Diplomatic missions: FBR restores ST exemption ISLAMABAD: The government has retrospectively restored sales tax exemption on the import of goods by the United... Updated 04 Jul, 2022 09:39am
Print 7 power projects being set up under CPEC: Govt agrees to restore tax exemptions ISLAMABAD: The government has agreed to restore tax exemptions of seven power projects being established under China... Updated 07 Jun, 2022 09:57am
Print NTDC seeks PD’s support for restoration of sales tax exemption ISLAMABAD: National Transmission and Despatch Company (NTDC) has sought support from the Power Division to restore... Updated 06 Mar, 2022 10:13am
Failure to clear power sector receivables: Fearing credit loss, CPPA-G seeks extension of IFRS-9 exemption