Sales tax on tractors, pesticides likely ISLAMABAD: The federal government is likely to impose sales tax on tractors as well as pesticides during the... Updated 10 May, 2024 08:57am
Print Sales tax fraud and fake invoices: Aurangzeb directs FBR to detect cases ISLAMABAD: Finance Minister Muhammad Aurangzeb has directed the Federal Board of Revenue (FBR) to detect cases of... Updated 10 May, 2024 09:02am
Editorials Tax targets for FY25 EDITORIAL: The first quarterly review report on the recently concluded Stand-By Arrangement (SBA) available on the... Published 08 May, 2024 06:43am
Print Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees ISLAMABAD: The Federal Board of Revenue (FBR) has directed Inland Revenue (IR) field formations to recover sales... Updated 08 May, 2024 08:51am
Print ST registered persons: FBR modifies requirement of filing balance sheet ISLAMABAD: The Federal Board of Revenue (FBR), Tuesday, modified a controversial requirement for filing balance... Updated 08 May, 2024 09:17am
Print Fast-track solar PV projects by Arab countries: FBR asked to amend sales tax, income tax laws The government is actively working towards the development of solar PV projects utilizing the G2G mode Updated 06 May, 2024 09:25am
Opinion Powering Pakistan: Transforming energy distribution for economic prosperity In Pakistan, the energy sector stands as both a pillar of progress and a stumbling block to prosperity. At the heart... Published 20 Apr, 2024 04:18am
Print Govt apprises NA about its approach to prices of POL products ISLAMABAD: The National Assembly was informed on Friday that despite increasing the prices of petroleum products for... Updated 20 Apr, 2024 02:07pm
Print Those already registered with sales tax department: Balance sheet filing requirement relaxed Federal Board of Revenue implements stringent conditions for new sales tax registration Updated 20 Apr, 2024 05:38pm
Business & Finance FBR revises upward value of supply of CNG to consumers ISLAMABAD: The Federal Board of Revenue (FBR) has upward revised the value of supply of the compressed natural gas... Published 19 Apr, 2024 05:07am
Business & Finance Delay in sales tax payments: Fibres’ manufacturer fails to furnish explanation LAHORE: A fibres manufacturer has failed to furnish plausible explanation for sales tax payments while agitating ... Published 16 Apr, 2024 03:38am
Business & Finance FBR extends deadline for ST, excise return filing ISLAMABAD: The Federal Board of Revenue (FBR) has extended the last date for filing of Sales Tax and Federal Excise... Published 16 Apr, 2024 03:38am
Print Steel melters send ‘SOS’ to Discos, FBR LAHORE: The Pakistan Steel Melters Association has sent a SOS signal to DISCOs and FBR as documented steel melters... Updated 10 Apr, 2024 09:49am
Business & Finance SRO 350/(I)/2024: PTBA says concerned at non-consideration of ‘fundamentals’ KARACHI: Pakistan Tax Bar Association (PTBA) has expressed its concern over non-consideration of fundamentals in the... Published 07 Apr, 2024 03:01am
Business & Finance Finance Bill 2024: major changes likely in IR Statutes ISLAMABAD: The Finance Bill 2024 will issue major changes in Inland Revenue Statutes for Harmonization and... Updated 06 Apr, 2024 08:47am
Editorials The quest for higher economic growth EDITORIAL: Pakistan’s economy badly needs reforms beyond just securing the IMF (International Monetary Fund)... Published 05 Apr, 2024 04:50am
Business & Finance Cigarettes: Aurat Foundation proposes 26pc hike in FED ISLAMABAD: Aurat Foundation Thursday proposed the budget makers to raise Federal Excise Duty (FED) on cigarettes by... Published 05 Apr, 2024 04:50am
Business & Finance KPRA collects Rs30.3bn in first 9 months of FY23-24 PESHAWAR: The Khyber Pakhtunkhwa Revenue Authority (KPRA) recorded 35 percent growth in the first 9 months of the... Published 04 Apr, 2024 04:56am
Print MTL barred from selling tractors to any third party ISLAMABAD: The Chief Justice of Sindh High Court (SHC) has stopped a leading tractor manufacturer from selling 954... Updated 03 Apr, 2024 09:47am
Business & Finance Urgent action stressed to stabilise economy ISLAMABAD: The Pakistan Institute of Development Economics (PIDE) has stressed the need for urgent action to... Published 03 Apr, 2024 05:29am
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
BR Research All is quiet on the sugar front All is quiet on the sugar front. At a time when reports of a demand slowdown should have put prices in reverse gear,... Published 28 Mar, 2024 10:49am
Business & Finance Tax officer passes assessment order beyond show-cause notice LAHORE: A tax officer passed an assessment order beyond the show-cause notice without confronting the same to the... Published 27 Mar, 2024 04:38am
Markets OMCs grappling with financial instability LAHORE: Chairman of the Oil Marketing Association of Pakistan (OMAP), Tariq Wazir Ali, has voiced concerns over the... Published 26 Mar, 2024 04:20am
Print Sales tax evasion of nearly Rs5bn: LTO Karachi registers FIR against corporate entity ISLAMABAD: The Large Taxpayers Office (LTO), Karachi, for the first time in the history of the Federal Board of... Updated 26 Mar, 2024 08:50am
Business & Finance KP depts pledge strict compliance with ST Regulations PESHAWAR: Secretaries of Communication and Works Department and Energy and Power Department announced to ensure... Published 23 Mar, 2024 05:41am
Print Sales tax assessment: FBR to fix minimum values of steel products on quarterly basis ISLAMABAD: The Federal Board of Revenue (FBR) has decided to fix minimum values of steel products on quarterly... Updated 21 Mar, 2024 08:41am
Print Power consumers: President confirms FTO’s decision ISLAMABAD: President of Pakistan has confirmed Federal Tax Ombudsman’s decision to alleviate miseries of power... Updated 19 Mar, 2024 09:21am
Business & Finance Budget FY25: ex-minister for raising taxes on cigarettes ISLAMABAD: Former Federal Minister for National Health Services, Dr Nadeem Jan, Saturday, called for a significant... Published 17 Mar, 2024 02:49am
Business & Finance Petrol’s price remains unchanged ISLAMABAD: Federal government on Friday announced to keep the ex-depot price of petrol unchanged, and Rs 1.77 per... Updated 16 Mar, 2024 05:11pm
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees
