Increase exports or perish EDITORIAL: It’s shocking to say the least that exporters of seasonal fruits have once again failed to meet their... Updated 23 Nov, 2024 06:52am
Business & Finance Commissioner IR tells APTMA member mills: FBR devises three automated systems to streamline payment system LAHORE: Raza Ashfaq Sheikh, Commissioner Inland Revenue and Member Sales Tax Appellate Tribunal Punjab, has ... Published 30 Aug, 2024 06:08am
Business & Finance Prior to March 21st: FBR issues all refund claims of exporters ISLAMABAD: The Federal Board of Revenue (FBR) has issued all sales tax refund claims of exporters which were created... Updated 02 Apr, 2024 09:40am
Print FBR officers asked to dispose of deferred ST refunds by June 1 ISLAMABAD: The Federal Board of Revenue (FBR) Thursday directed field formations to dispose of deferred sales tax... Updated 08 Mar, 2024 08:49am
Business & Finance KATI commends govt for issuing Rs65bn sales tax refunds KARACHI: Former President of the Korangi Association of Trade and Industry (KATI), Sheikh Umer Rehan, commended the... Published 07 Mar, 2024 04:59am
Business & Finance ˜Salt exporters struggling with delays in receiving refunds KARACHI: Qasim Yaqoob Paracha, Chairman of the Salt Manufacturers Association Pakistan, stated that the salt export... Published 01 Mar, 2024 02:59am
Business & Finance Facilitating exporters: FTO suggests FBR to declare RPOs as exchangeable payment instruments ISLAMABAD: The Federal Tax Ombudsman (FTO) has strongly recommended the Federal Board of Revenue (FBR) to declare... Published 27 Jan, 2024 06:20am
Print 30pc taxpayers have obtained ST registration to get sales tax refunds fraudulently? ISLAMABAD: Around 30 percent of the total sales tax registered persons (397,000) have obtained sales tax... Updated 10 Jan, 2024 10:12am
Business & Finance FBR pays refunds/customs rebates of Rs335.6bn in 2022-23 ISLAMABAD: The Federal Board of Revenue (FBR) has paid refunds/customs rebates of Rs335.6 billion during 2022-23 as... Published 29 Nov, 2023 05:09am
Business & Finance Chief Commissioner LTO vows to help resolve issues facing APTMA LAHORE: Syed Mahmood Hussain Jafri, Chief Commissioner Large Tax Office (LTO) Lahore, has assured the Aptma members... Published 26 Oct, 2023 06:08am
Business & Finance Towel exporters demand payment of sales tax refunds KARACHI: Syed Usman Ali, the Senior Vice Chairman of the Towel Manufacturers Association of Pakistan, has voiced... Updated 25 Oct, 2023 08:47am
Business & Finance ST refunds, other issues facing APTMA members: Chief commissioner LTO Lahore vows remedial action LAHORE: Syed Mahmood Hussain Jafri, Chief Commissioner Large Tax Office (LTO) Lahore, has assured the APTMA members... Published 18 Oct, 2023 06:09am
Business & Finance PHMA urges FBR to expedite disbursement of sales tax refunds LAHORE: The Pakistan Hosiery Manufacturers & Exporters Association (PHMA) on Saturday asked the Federal Board of... Published 02 Apr, 2023 03:02am
Business & Finance Towel makers demand release of ST refunds KARACHI: The Chairman of the Towel Manufacturers Association of Pakistan, Tahir Jahangir stated that the month of... Published 01 Apr, 2023 06:21am
Print Jan, Feb 2023: FBR pays Rs45bn to exporters despite slow FASTER system ISLAMABAD: The Federal Board of Revenue (FBR) has never stopped payment of sales tax refunds under the FASTER system... Updated 21 Mar, 2023 08:55am
Print Exporters detect ‘flaws’ in FBR’s new refund procedure ISLAMABAD: Prominent exporters have pointed out some serious flaws in the revised procedure of the Federal Board of... Updated 20 Mar, 2023 08:59am
Print Specified goods, services: FBR disallows ST refunds to 5 export-oriented sectors KARACHI: Federal Board of Revenue (FBR) has disallowed the sales tax refunds of number of specified goods and... Updated 18 Mar, 2023 09:12am
Print Automated refunds: FBR to apply new risk parameters for processing ISLAMABAD: The Federal Board of Revenue (FBR) will apply new risk parameters for processing the automated sales tax... Updated 17 Mar, 2023 09:16am
Print FBR restores ‘FASTER’ system ISLAMABAD: The Federal Board of Revenue (FBR), Tuesday, restored “FASTER” system for speedy payment of sales tax... Updated 08 Mar, 2023 08:41am
Business & Finance Textile exporters: FBR vows to ensure speedy refund payments ISLAMABAD: The Federal Board of Revenue (FBR), Wednesday, assured textile exporters of restoring speedy payment of... Published 02 Mar, 2023 06:23am
Print ‘FASTER’ system: Jul-Nov payment of ST refunds rises 44.5pc to Rs143.8bn YoY ISLAMABAD: The Federal Board of Revenue (FBR) has made payment of sales tax refunds of Rs143.8 billion under the... Updated 20 Dec, 2022 09:32am
Business & Finance PAAPAM highlights factors behind drop in tractor sales LAHORE: Chairman of the Pakistan Association of Auto Parts & Accessories Manufacturers (PAAPAM) Munir Bana has... Published 06 Dec, 2022 05:58am
Business & Finance Value-added textile sector seeks early release of Rs300bn ST refunds KARACHI: The value-added textile sector on Thursday stepped up to seek an immediate release of an estimated Rs300... Published 25 Nov, 2022 05:48am
Business & Finance Severe liquidity crunch adversely affecting textile exports: PRGMEA LAHORE: The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has said that the severe... Published 22 Nov, 2022 03:23am
Print OICCI members: FBR urged to clear Rs80bn refunds ISLAMABAD: Overseas Investors Chamber of Commerce and Industry (OICCI) has urged the chairman Federal Board of... Updated 02 Nov, 2022 09:42am
Business & Finance Delay in sales tax refunds adversely affecting export cycle, says PTEA FAISALABAD: Undue delay in payment of exporters’ sales tax refunds against approved Refund Payment Orders (RPOs) ... Published 21 Oct, 2022 05:57am
Print Delay in GST refund perturbs textile exporters KARACHI: The country’s textile exporters on Friday said that the “excessive and unjustified” delays in the GST... Published 15 Oct, 2022 06:45am
Business & Finance PHMA demands early release of ST refunds KARACHI: Pakistan Hosiery Manufacturers & Exporters Association (PHMA) on Saturday requested to the FBR to... Published 09 Oct, 2022 05:51am
Business & Finance Release of sales tax refunds: Value-added textile exporters irked by delay KARACHI: Delay in release of sales tax refunds have left the value-added textile exporters “annoyed”, which they... Published 08 Sep, 2022 06:52am
Pakistan Miftah directs FBR to resolve PTEA’s refunds issue ISLAMABAD: Finance Minister Miftah Ismail Tuesday directed the Federal Board of Revenue (FBR) to take the required... Published 27 Jul, 2022 05:23am
‘Fake’ purchase of coal by cement makers: Abrupt transfer of officers halts probe into Rs11bn tax fraud
Ex-ISI chief Faiz Hameed arraigned on charges of ‘engaging in political activities’ among others, says ISPR