PBF VP for spending certain tax amount on welfare of contributors KARACHI: Vice President of Pakistan Businesses Forum (PBF) Ahmad Jawad said the country's tax collection is about... Published 29 Aug, 2021 03:08am
Print Target missed, fiscal year budget deficit closes at 7.1% ISLAMABAD: The government has missed the budget deficit target for the last fiscal year 2020-21 by one percent and... Updated 27 Aug, 2021 01:23pm
Business & Finance Advance tax collection issue will be resolved, Tarin tells pharma distributors KARACHI: Federal Finance Minister Shaukat Tarin has ensured the pharmaceutical distributors to resolve the issue of... Published 22 Aug, 2021 04:09am
Print Artificial intelligence and innovative ways: More people to be brought into tax net: Tarin ISLAMABAD: The Federal Minister for Finance and Revenue, Shaukat Tarin Thursday said that efforts are under way to... Updated 06 Aug, 2021 11:56am
Opinion Tax collection Federal Board of Revenue (FBR) deserves a lot of praise for exceeding July 2021 tax collection target by Rs 71... Published 03 Aug, 2021 04:35am
Editorials 7.5pc tax on power bills for non-filers EDITORIAL: The government’s decision to impose a tax of 7.5 percent on electricity bills in excess of 25,000 ... Published 28 Jul, 2021 04:45am
Print Criticality of higher tax collection stressed PM Imran expresses hope collection would increase as govt tries to restore confidence that tax would be spent on them Says manufacturing e-bikes is a futuristic and positive step Updated 09 Jul, 2021 10:24am
Pakistan Country's progress demands efficient tax collection: speakers HYDERABAD: Speakers at a webinar have said that the stability and progress of national economy depends on an... Published 02 Jul, 2021 04:20am
Pakistan Bilawal criticises policy of taking action against tax defaulters ISLAMABAD: Bilawal Bhutto-Zardari, chairman of the Pakistan People’s Party (PPP), on Wednesday, criticised the... Published 01 Jul, 2021 04:10am
Opinion ‘The ever-increasing burden of debt’ This is with reference to a Business Recorder editorial titled “The ever-increasing burden of debt” dated... Published 01 Jul, 2021 04:09am
Print FBR surpasses FY2020-21 tax collection target ISLAMABAD: The Federal Board of Revenue (FBR) has surpassed the revenue collection target of Rs 4691 billion for the... Updated 01 Jul, 2021 11:10am
Business & Finance FBR field offices to remain open till midnight on 30th ISLAMABAD: The Federal Board of Revenue (FBR) has issued instructions to all the field offices to remain open and... Published 27 Jun, 2021 03:56am
Print Growth-focused budget: IMF acquiescence, not consent? • Rs8.49trn FY22 outlay is based on 4.8pc growth target and increased spending on public sector development • ... Published 12 Jun, 2021 06:04am
Print Govt hopeful about IMF relaxations • Economic Survey 2020-21 released ISLAMABAD: Expressing the government’s resolve to consolidate and build on... Published 11 Jun, 2021 03:41am
Business E&T dept collects over Rs89.48bn revenue in 11 months KARACHI: Sindh Excise and Taxation (E&T) department has collected over Rs 89.48 billion revenue during the last... Published 11 Jun, 2021 03:41am
Print Businesspeople meet COAS ahead of FY22 budget presentation ISLAMABAD: Chief of Army Staff General Qamar Javed Bajwa, on Wednesday, has conveyed to the business community that... Updated 10 Jun, 2021 12:30pm
Business Sindh E&T Dept collects Rs 89481.298m KARACHI: Provincial Minister for Excise & Taxation and Narcotics Control Department & Parliamentary Affairs... Published 10 Jun, 2021 03:22am
Pakistan Govt must increase FED by 30pc on cigarettes: activists ISLAMABAD: The government should increase the federal excise duty (FED) on cigarettes in the upcoming budget by 30... Published 09 Jun, 2021 03:29am
Pakistan ‘Govt lacks robust strategy for expanding tax base’ ISLAMABAD: The government lacks a robust strategy for expanding the tax base, which could make the attainment of tax... Published 08 Jun, 2021 04:09am
Opinion We seem to have no understanding of what ails our taxation system — II • Reducing tax collection reliance at import stage INTRODUCTION In my article published in this newspaper on ... Published 08 Jun, 2021 04:09am
Print FY22, FY23: Economic team unveils gameplan ISLAMABAD: The government on Thursday said the revenue collection would be increased by 20 percent every year to ... Published 04 Jun, 2021 05:06am
Business & Finance PM Khan lauds FBR as tax collection crosses Rs4tr during Jul-May Amount is 18% higher than comparative period of the previous fiscal year Updated 29 May, 2021 06:08pm
Print Smart lockdown policy helped achieve 3.94pc GDP growth: SAPM LAHORE: Special Assistant to Prime Minister on Revenue Dr Waqar Masood has said that the smart lockdown policy of ... Published 29 May, 2021 03:59am
Pakistan Rs5.9trn fiscal target: Already taxed shouldn’t be issued notices: analyst KARACHI: It is understandable that IMF has been asking for Rs5.96 trillion tax collection for the next fiscal year... Published 28 May, 2021 04:08am
Print IMF supportive of govt’s approach to food inflation? ISLAMABAD: The government said on Thursday that the GDP growth target has been increased to five percent in the... Published 28 May, 2021 04:08am
Business Services sector: Share of taxes hovered at 3.4 to 5pc over the last few years: FBR report ISLAMABAD: The share of sales tax collected from services sector was hovering around 3.4 percent to 5.0 percent... Published 28 May, 2021 04:08am
Pakistan Economists suggest bringing discount rate, interest rate to 5pc ISLAMABAD: Economists at a webinar have suggested to the government to bring down discount rate to five percent by... Updated 19 May, 2021 10:13am
Print Jul-Mar period: Budget deficit widens to Rs1.652trn ISLAMABAD: Pakistan’s budget deficit has widened to Rs1.652 trillion in the first three quarters of the current... Updated 07 May, 2021 09:40am
Business & Finance Policies leading to economic revival says PM, as FBR post impressive growth The prime minister said that the rise in FBR revenue indicates that the government policies have led to broad-based economic revival. Published 01 May, 2021 10:50am
Print 41.39pc annual share: Karachi remains top contributor to tax collection ISLAMABAD: Karachi remained the highest contributor to income tax collection having an annual share of 41.39 percent... Updated 28 Apr, 2021 10:09am