Industrial undertakings: Minimum tax payable despite exemption under Economic Reforms Act LAHORE: Minimum tax is payable by the industrial undertakings despite enjoying exemption under the Economic Reforms... Published 24 Jan, 2024 05:07am
Print Real estate sector: FBR chief says no exemption or concession possible ISLAMABAD: Chairman Federal Board of Revenue (FBR) Malik Amjad Zubair Tiwana has categorically conveyed to the real... Updated 07 Aug, 2023 09:18am
Print FBR issues tax expenditure report-2023: More exemptions, concessions given during 2021-22 ISLAMABAD: The Federal Board of Revenue (FBR) has given more sales tax exemptions, zero-rating and concessions to... Updated 08 Jul, 2023 09:02am
Print Erstwhile tribal areas: Tax, duty exemption extended by one year ISLAMABAD: The government has granted one-year extension in exemption from duties and taxes for the erstwhile tribal... Updated 03 Jul, 2023 08:55am
Business & Finance Amendments enacted by Finance Act, 2023 vis-à-vis those proposed in Finance Bill 2023–II SALES TAX INCREASE IN RATE OF FURTHER TAX Published 29 Jun, 2023 04:19am
Print ‘Tax on Deemed Income basis’ on immovable properties: Exemption only for persons appearing on Active Taxpayers’ List ISLAMABAD: The exemption from payment of “Tax on Deemed Income basis” on immovable properties would only be... Updated 28 Jun, 2023 09:00am
Business & Finance Erstwhile tribal areas: One-year extension in exemption of taxes withdrawn ISLAMABAD: The Finance Act 2023 has withdrawn one-year extension in exemption from duties and taxes for the ... Published 28 Jun, 2023 06:31am
Business & Finance Tax exemption for erstwhile Fata/Pata becomes bone of contention PESHAWAR: Tax exemption to the industrial units of the erstwhile Federal Administered Tribal Area (FATA) and... Published 19 Jun, 2023 06:55am
Business & Finance Comments on FY2023-24 Budget The Finance Bill 2023 did not bring any substantial change in the tax policy as all major revenue measures are aimed... Updated 12 Jun, 2023 06:46am
Business & Finance Tax exemption on import of raw materials: Steps taken to check misuse of quotas by units in tribal areas PESHAWAR: To ensure that raw materials being imported by manufacturing units in the erstwhile Federally Administered... Published 13 Feb, 2023 05:57am
Print Finance Bill 2023: SEZs: FBR to withdraw turnover tax exemption ISLAMABAD: The Federal Board of Revenue (FBR) will withdraw exemption of turnover tax for Special Economic Zones... Updated 01 Dec, 2022 09:44am
Business & Finance Rice import outcome of meetings with Shehbaz: Aliyev ISLAMABAD: Azerbaijan President Ilham Aliyev has said that the decision to import rice from Pakistan with tax... Published 27 Nov, 2022 05:58am
Print Rice import: PM thanks Azeri President for 5-year tax holiday ISLAMABAD: Prime Minister Shehbaz Sharif Saturday thanked Azerbaijan President Ilham Aliyev for approving a... Updated 27 Nov, 2022 09:40am
Print Minimum tax exemption: SC sets aside PHC orders ISLAMABAD: The Supreme Court set aside the orders of the Peshawar High Court (PHC) regarding exemption from the... Updated 13 Nov, 2022 09:26am
Print FBR working on new tax incentives for Chinese cos ISLAMABAD: The Federal Board of Revenue (FBR) is working on new tax incentives for Chinese companies including... Updated 02 Oct, 2022 10:19am
Print Finance bill further amended Amended bill 2022 may reduce 17 per cent sales tax to only one per cent on the import of active pharmaceutical ingredients with continuation of the zero-rating scheme on local sales Updated 29 Jun, 2022 10:34am
Business & Finance Under amended finance bill: Scope of IT and IT-enabled services expanded ISLAMABAD: The Federal Board of Revenue (FBR) has expanded the scope of the definition of IT and IT-enabled services... Published 26 Jun, 2022 05:44am
Business & Finance Finance bill 2022: Fundamental policy for IPPs changed, points out tax expert ISLAMABAD: The Federal Board of Revenue (FBR) has placed a time limitation on the income tax exemption of the power... Published 22 Jun, 2022 05:58am
Print Lower income salaried class gets tax relief ISLAMABAD: A major relief has been provided to the lower income salaried class taxpayers by increasing the basic tax... Published 11 Jun, 2022 06:41am