Refunds under FASTER system: Exporters challenge notices ISLAMABAD: Exporters have challenged notices of the Federal Board of Revenue’s field formations for submission of... Updated 23 Feb, 2022 10:05am
Print ST, federal excise return: FBR extends deadline for payment, submission ISLAMABAD: The Federal Board of Revenue (FBR) has extended the date of payment and submission of sales tax and... Updated 19 Feb, 2022 10:11am
Print Services under ICT (Tax on Services) Ord: FBR rescinds 6 notifications on GST levy ISLAMABAD: The Federal Board of Revenue (FBR) has rescinded six notifications related to the levy of sales tax on... Updated 18 Feb, 2022 09:50am
Business & Finance Tobacco cos: FBR ready to implement track-and-trace system ISLAMABAD: After successful installation of track and trace system at 78 sugar mills, the Federal Board of Revenue... Published 15 Feb, 2022 06:45am
Print Sales tax on light diesel abolished ISLAMABAD: The Federal Board of Revenue (FBR) has abolished sales tax on light diesel oil from January 16, 2022.... Updated 11 Feb, 2022 09:28am
Print Matters relating to sales tax, income tax, FED: FY23 budget to envisage ‘one’ document for business community, general public ISLAMABAD: Business community and general public would be able to have ‘’one’’ tax document in budget... Updated 09 Feb, 2022 09:45am
Print Yet another ‘finance bill’ on its way? Government may withdraw sales tax exemption on fertilisers, pesticides, and tractors next month or in the coming budget Updated 08 Feb, 2022 11:02am
Editorials The IMF tranche EDITORIAL: As expected the International Monetary Fund’s (IMF’s) Board of Directors approved the release of the... Published 07 Feb, 2022 05:22am
Pakistan FBR facing pressure to exempt imported bicycles, sewing machines from ST? ISLAMABAD: There is an immense pressure on the Federal Board of Revenue (FBR) to restore sales tax exemption on... Published 28 Jan, 2022 04:45am
Editorials The widening income versus expense gap EDITORIAL: The budget deficit July-December rose to 1.8 trillion rupees, 29 percent higher than the comparable ... Published 24 Jan, 2022 06:50am
Print Refunds to EPZ foreign investors in USD: FBR to move SBP for clarification ISLAMABAD: The Federal Board of Revenue (FBR) will approach the State Bank of Pakistan (SBP) to seek clarification ... Updated 23 Jan, 2022 10:29am
Print Petitions of EPZ manufacturers: SHC issues notices to federation ISLAMABAD: The Sindh High Court (SHC) has issued notices to the federation on the writ petitions of manufacturers... Updated 23 Jan, 2022 10:21am
Print Deadline extended ISLAMABAD: The Federal Board of Revenue (FBR) has extended the date of payment and filing of sales tax and federal... Published 22 Jan, 2022 05:46am
Print Local supply of plants, machineries: Sales tax zero-rating withdrawn FBR says the zero-rating to crude oil, which was withdrawn through Finance Act, 2021 has also been restored from January 16, 2022 Updated 21 Jan, 2022 09:32am
Print Restaurants, bakeries, caterers: FBR to charge 17pc sales tax ISLAMABAD: The Federal Board of Revenue (FBR) will charge 17 percent sales tax on the food, food stuff, and... Updated 21 Jan, 2022 09:27am
Business & Finance FBR reduces annual turnover threshold for cottage industry In order to facilitate general consumers, condition of CNIC has been withdrawn in case of payment made through debit/credit card or digital mode Updated 21 Jan, 2022 11:34am
Print SRB extends dateline for ST e-depositing, returns ISLAMABAD: The Sindh Revenue Board (SRB) has extended the last date for e-deposit of Sindh sales tax for the tax... Published 19 Jan, 2022 06:15am
Business & Finance FBR cuts ST on petrol ISLAMABAD: The Federal Board of Revenue (FBR) has reduced sales tax on petrol from 4.77 percent to 2.50 percent from... Published 19 Jan, 2022 06:15am
Business & Finance FPCCI opposes ST on solar-related equipments LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Tuesday strongly opposed sales tax on... Published 19 Jan, 2022 06:15am
Print SHC observes: Foreign indenting commission liable to Sindh ST on services ISLAMABAD: A division bench of the Sindh High Court (SHC) has rejected reference application/ writ petitions of ... Updated 18 Jan, 2022 09:46am
Business & Finance PRA extends tax payment deadline to 24th LAHORE: The Punjab Revenue Authority (PRA) has extended payment date of sales tax up to 24th January 2022. ... Published 18 Jan, 2022 04:20am
Print Fraudulent retailers: FBR chief hints at shutting down businesses ISLAMABAD: Federal Board of Revenue (FBR) Chairman Dr Muhammad Ashfaq Ahmed said Saturday that the FBR will close... Updated 16 Jan, 2022 09:58am
Business & Finance New definition of ‘exported goods’ issued ISLAMABAD: The Federal Board of Revenue (FBR) has changed the definition of the exported goods for claiming duty... Published 13 Jan, 2022 07:17am
Business & Finance ‘Mini-budget’: UBG chief identifies harsh measures KARACHI: President United Business Group Zubair F Tufail, identifying some of the harsh and irritant measures as... Published 13 Jan, 2022 07:17am
Opinion Don’t scare the investor away, please—I In compliance with the conditions agreed with the IMF (International Monetary Fund), the government intends to ... Published 11 Jan, 2022 06:33am
Print Senate body rejects key proposals of Finance Bill ISLAMABAD: The Senate Standing Committee on Finance has rejected some key provisions of the Finance Supplementary... Updated 11 Jan, 2022 09:34am
Pakistan Rural Sindh: Jazz collaborates with USF to provide 4G connectivity KARACHI: Jazz has collaborated with the Universal Service Fund (USF) to provide 4G services in Qambar-Shahdadkot,... Published 08 Jan, 2022 03:59am
Opinion Memorandum on the Finance (Supplementary) Bill, 2021 S. No. Description Table II-Local... Published 07 Jan, 2022 06:22am
Opinion Memorandum on the Finance (Supplementary) Bill, 2021 BACKGROUND AND HIGHLIGHTS OF THE FINANCE (SUPPLEMENTARY) BILL, 2021 The Government claims to have presented the... Published 06 Jan, 2022 04:13am
BR Research Autos: Much adieu! Policies can be good or bad, and often not written in stone. They can be improved, amended and evolved. But at ... Published 03 Jan, 2022 08:00am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?