Ease-of-doing business: Various laws, rules negatively hitting Pakistan’s ranking: FPCCI KARACHI: Advisory Council of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on budget finds... Published 11 Mar, 2021 05:25am
Print Amendment in sales tax clause: NMS operators seek help from AEDB ISLAMABAD: Net Metering System (NMS) operators have sought help from Alternative Energy Development Board (AEDB) for... Updated 08 Mar, 2021 09:15am
Business Trade of counterfeit, non-duty paid cigarettes: FBR chief for speeding up enforcement measures ISLAMABAD: In line with the vision of Prime Minister to curb the menace of counterfeit/illicit tobacco trade,... Published 05 Mar, 2021 05:17am
Business & Finance Sales tax: FBR to recover arrears through bank account LAHORE: The Federal Board of Revenue (FBR) would recover sales tax arrears through bank account attachment, said a... Published 28 Feb, 2021 04:55am
Print Commissioners (Appeals): FBR withdraws instructions ISLAMABAD: The Federal Board of Revenue (FBR) has withdrawn instructions issued to all the Commissioners (Appeals) ... Published 27 Feb, 2021 04:29am
Print Attachment of bank accounts: IR officials can recover ST arrears from defaulters ISLAMABAD: The Federal Board of Revenue (FBR) has empowered its Inland Revenue (IR) field formations to recover ... Published 26 Feb, 2021 05:20am
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
Pakistan KCCI urges govt to focus on providing business friendly environment KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) M Shariq Vohra has stressed that the government... Updated 19 Feb, 2021 09:26am
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
Pakistan Harmonization of ST between federation, provinces becomes distant dream LAHORE: Harmonization of sales tax between the federation and provinces has become a distant dream as the provincial... Updated 18 Feb, 2021 09:33am
Print FBR against proposed restoration of zero-rating regime ISLAMABAD: The Federal Board of Revenue (FBR) has taken a major policy decision of not reverting back to sales tax... Updated 12 Feb, 2021 09:28am
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
Pakistan Formerly FATA, PATA and Zhob: ‘ST, IT relief should be extended for five years after June 2023’ ISLAMABAD: A meeting of the Senate Functional Committee on Problems of Less Developed Areas has recommended that in... Published 11 Feb, 2021 04:34am
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 Renegotiated govt-IPPs pacts: ECC, CCoE all set to accord final approval tomorrow ISLAMABAD: The Economic Coordination Committee (ECC) and Cabinet Committee on Energy (CCoE) are all set to accord... Published 07 Feb, 2021 04:07am
Business Import of 52 fire fighting vehicles exempted from ST ISLAMABAD: The Federal Board of Revenue (FBR) has exempted the import of 52 fire fighting vehicles from payment of ... Published 04 Feb, 2021 04:13am
Business Monthly sales tax returns software: FBR directs PRAL to include 3rd schedule items LAHORE: The Federal Board of Revenue (FBR) has directed the Pakistan Revenue Automation (Pvt) Limited (PRAL) to... Published 04 Feb, 2021 04:13am
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 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
Print ‘Initialed’ IPP agreements likely to be presented before cabinet ISLAMABAD: Power Division is likely to seek federal cabinet's nod next week on the draft agreements already... Updated 29 Jan, 2021 09:42am
Opinion Zero-rating of sales tax on export-oriented sectors: It cannot be revived During my tenure as Chairman, Federal Board of Revenue (FBR) one major... Published 28 Jan, 2021 04:40am
Print FBR opposes zero-rating proposal ISLAMABAD: The Federal Board of Revenue (FBR) has strongly opposed a proposal of the textile sector for the... Published 28 Jan, 2021 04:40am
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
Business & Finance ICT jurisdiction: Scope of ‘IT & IT-enabled services’ expanded for 16pc tax collection ISLAMABAD: The Federal Board of Revenue (FBR) has expanded the scope of “IT services” and “IT-enabled... Published 22 Jan, 2021 04:47am
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
Print Tax officers deputed at all sugar mills, FBR tells SAB ISLAMABAD: The Federal Board of Revenue (FBR) has informed the Sugar Advisory Board (SAB) that it has deputed tax... Updated 19 Jan, 2021 04:44am
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
Business & Finance SEED partners with KP Government to Reform Sales Tax on Services in KP Sustainable Energy and Economic Development (SEED) launched a Policy Note in collaboration with the KP Government to introduce Sales Tax on Services Reform in the province. Updated 24 Dec, 2020 01:29pm