High-net worth individuals: FBR starts receiving data from Nadra ISLAMABAD: The Federal Board of Revenue (FBR) has started receiving data from the National Database and Registration... Updated 26 Oct, 2024 09:29am
Business & Finance Revenue collection: PM orders use of modern tech by FBR ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday chaired a high-level meeting to ignite reforms in Federal Board... Published 25 Oct, 2024 06:28am
Print Govt may collect Rs300bn from agri tax FBR asks provinces to adopt federal schedule of income tax for collection of agricultural income tax Updated 14 Oct, 2024 03:17pm
Editorials Establishing fiscal discipline EDITORIAL: In a landmark move, the federal and four provincial governments have agreed on a National Fiscal Pact... Published 11 Oct, 2024 06:30am
Print Gang exploits dormant taxpayer identities to commit Rs81bn fraud KARACHI: A cybercrime gang, allegedly facilitated by current and former PRAL and FBR officials, has exploited... Updated 08 Oct, 2024 02:38pm
Print Rs87bn short of target: Q1 collection stands at Rs2.452trn ISLAMABAD: Despite taxation measures of Rs 1,800 billion in the budget (2024-25), the Federal Board of Revenue (FBR)... Updated 01 Oct, 2024 08:52am
Print Q1: Rs170bn revenue shortfall glares at FBR ISLAMABAD: The Federal Board of Revenue (FBR) is likely to face revenue shortfall of Rs170 billion during the first... Updated 28 Sep, 2024 08:43am
Business & Finance Finance Division says economy indicating positive developments ISLAMABAD: Inflation has dropped to single digit and is expected to remain within the range of eight percent to nine... Published 28 Sep, 2024 07:16am
Business & Finance ‘Business community against any plan of high-handed approach to enhance tax collection’ KARACHI: Atif Ikram Sheikh, President FPCCI, has made it clear that the business community is against any plans of... Published 26 Sep, 2024 06:48am
Print Tax collection at import stage: share in total collection reduces ISLAMABAD: The tax collection at import stage constituted 35 percent and domestic tax collection’s share was 65... Updated 23 Sep, 2024 03:24pm
Editorials IMF: New Programme could be last Programme EDITORIAL: Federal Finance Minister Muhammad Aurangzeb speaking during the Senate session on Monday stated that if... Published 11 Sep, 2024 06:31am
Opinion FBR revenue targets for 2024-25 The first two months of 2024-25 have already revealed serious problems with the overall and individual revenue... Published 10 Sep, 2024 06:32am
Print ‘Privatisation of PIA by end of Oct’ Federal Minister for Defence Khawaja Asif says flights not viable commercially for PIA from Hyderabad to Karachi Updated 10 Sep, 2024 09:53am
Print FBR considering traders’ new proposal to collect advance tax FBR has also agreed to reduce the upper slabs of fixed tax of Rs 60,000 to a reasonable level Updated 10 Sep, 2024 12:57pm
Print New IMF programme going to be the last one if reforms put in place: Aurangzeb ISLAMABAD: Finance Minister Muhammad Aurangzeb has said the new International Monetary Fund (IMF) programme would be... Updated 10 Sep, 2024 08:50am
Opinion An intriguing televised address Federal Finance Minister Muhammad Aurangzeb, in a televised address to the nation this Tuesday past claimed that the... Updated 09 Sep, 2024 07:59am
Opinion Challenges before FBR’s new chairman FBR (Federal Board of Revenue) has failed to meet original tax targets for the last six fiscal years, three of the... Published 06 Sep, 2024 07:23am
Print FBR amends Federal Excise Rules, 2005 ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday notified the Computerized Payment Receipt (CPR-FE) for... Updated 06 Sep, 2024 09:23am
Print Fixed tax: Traders ready to pay Rs5,000 per month Sources say traders' demand seems to be unrealistic and impractical to reduce the amount from Rs60,000 per month to Rs5,000 per month, but the FBR will find some way to resolve the issue Updated 05 Sep, 2024 02:11pm
Business & Finance FPCCI says against any further increase in taxes KARACHI: Atif Ikram Sheikh, President FPCCI, has unequivocally stated that FPCCI vociferously opposed any further... Published 04 Sep, 2024 08:18am
Print Targeted subsidies: IMF has no objections over implementation, Aurangzeb claims ISLAMABAD: Finance Minister Muhammad Aurangzeb claimed on Tuesday that the International Monetary Fund (IMF) has no... Updated 04 Sep, 2024 12:14pm
Markets Pakistan in ‘advanced stage’ to get external financing assurances, says Aurangzeb Finance minister hopeful of getting IMF Executive Board approval on time Updated 03 Sep, 2024 09:45pm
Print In case tax collection shortfall continues: FBR suggests 1pc hike in WHT rates ISLAMABAD: The Federal Board of Revenue (FBR) has proposed one percent increase in all withholding taxes rates from... Updated 03 Sep, 2024 09:18am
Editorials FBR revenue shortfall EDITORIAL: The Federal Board of Revenue (FBR) acknowledged a shortfall of 98 billion rupees during the first two... Published 03 Sep, 2024 06:27am
Print Jul-Aug: there’s Rs98bn shortfall, admits FBR Despite higher tax rates, net collection stands at Rs1,456 billion against assigned target of Rs1,554 billion during two-month period Updated 02 Sep, 2024 11:56am
Markets India collects $21bn in goods and services tax in August NEW DELHI: India collected 1.75 trillion rupees ($20.87 billion) in goods and services tax (GST) in July, a rise of... Published 01 Sep, 2024 08:14pm
Print Credit to private sector: incorrect calculation? ISLAMABAD: Credit to private sector (flows) stood at Rs -326.9 billion, 1-July to 26-July 2024-25 against Rs -171.1... Updated 31 Aug, 2024 10:21pm
Print Only 277 retailers have paid Rs503,632 under Tajir Dost Scheme so far Total number of registered retailers now stands at 63,964 Updated 31 Aug, 2024 10:14pm
Business & Finance Provisional collection stands at Rs785bn in 30 days ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs 785 billion during first 30 days of... Published 31 Aug, 2024 06:55am
Opinion Digitization key to revenue growth Pakistan has been facing the perpetual challenge of expanding its tax base without any tangible results, a situation... Published 30 Aug, 2024 07:19am
Satellite photos show Israel hit Iran former nuclear weapons test building, missile facilities, researchers say