Tobacco revenue may cross $2bn mark by curbing illicit trade LAHORE: The government has the potential to generate $2 billion revenue from the legitimate tobacco industry by... Published 09 Mar, 2024 04:59am
Pakistan ‘Existential crisis’: tax the undocumented sector, urges PBC Body says first task of incoming government will be to negotiate IMF programme, seek longer-term, reform-centric bailout Published 03 Jan, 2024 07:30pm
Editorials FBR’s hunt for non-filers EDITORIAL: It seems FBR (Federal Board of Revenue) is throwing the kitchen sink at non-filers in its latest,... Published 30 Dec, 2023 06:28am
Print FBR informs IMF of its plan to register 1m non-filers ISLAMABAD: The Federal Board of Revenue (FBR), Monday, informed the International Monetary Fund (IMF) that tax... Updated 28 Nov, 2023 09:09am
Print FBR-Nadra body tasked to broaden tax base ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday constituted a high-level technical committee of National... Updated 24 Nov, 2023 09:18am
Print Non-filers: DTOs authorised to disconnect utility connections ISLAMABAD: The government on Friday established 145 District Tax Offices (DTOs) across the country for bringing 1.5... Updated 18 Nov, 2023 08:48pm
Print Non-filers, documentation of economy: FBR shares strategy with Shamshad ISLAMABAD: The caretaker Finance Minister Dr Shamshad Akhtar has directed the Federal Board of Revenue (FBR) to... Updated 03 Nov, 2023 08:59am
Print FBR, Nadra agree to exchange taxpayers’ data ISLAMABAD: The Federal Board of Revenue (FBR) and the National Database and Registration Authority (Nadra) have... Updated 20 Oct, 2023 09:02am
Print FBR to field DTOs to identify new taxpayers ISLAMABAD: The Federal Board of Revenue (FBR) plans to depute District Taxation Officers Inland Revenue across... Updated 09 Oct, 2023 09:44am
Print Consistent policies mandatory: 60pc of economy outside the tax net: Ishrat ISLAMABAD: Former Governor State Bank of Pakistan (SBP), Dr Ishrat Hussain, on Saturday, said predictability and... Updated 24 Sep, 2023 10:45pm
Print Broadening tax base: IT ministry to lend a helping hand to FBR ISLAMABAD: The Ministry of IT and Telecommunication would fully assist the Federal Board of Revenue (FBR) in... Updated 15 Sep, 2023 08:53am
Opinion Country needs structural reforms This is apropos a Business Recorder op-ed “Broadening the tax net: A solution to taxation woes?” carried by the... Published 11 Sep, 2023 06:32am
Business & Finance Punjab govt to hire services of consultants, contractors to expand tax net LAHORE: To expand the tax net in the province, the Punjab government has decided to hire services of contractors and... Published 24 Aug, 2023 06:22am
Opinion Broadening the tax net-II: A solution to taxation woes? The narrative highlighting the importance of enhancing the number of tax filers also fails to take into account the... Published 18 Aug, 2023 06:06am
Editorials What happens when cash reigns supreme? EDITORIAL: In the last decade, authorities had supposedly lent focus to expand documentation of the economy. But,... Published 16 Aug, 2023 05:50am
Opinion Broadening the tax net — I: A solution to taxation woes? In recent years the word “narratives’ and the phrase “narrative building” have come to occupy a prominent... Published 14 Aug, 2023 06:29am
Opinion Taxing work and subsidising non-work Turns out that there’s a Salaried Class Alliance (SCA), based in Karachi, which describes itself as a... Updated 27 Jul, 2023 07:00am
Opinion Another hybrid body needed to widen the tax net The addition of Special Facilitation Investment Council (SFIC) to the already existing hybrid organization and... Updated 21 Jul, 2023 07:12am
Print Budget on June 9: Expand tax base urgently, PM asks economic team Chairs meeting regarding the preparation of the budget for the financial year 2023-24 Updated 24 May, 2023 12:31pm
Opinion Elite’s divorced from reality It turns out that a ringside seat to a country plummeting into sovereign default – one of the few perks of an... Published 19 Jan, 2023 05:58am
Business & Finance PM’s aide assigns targets for broadening tax net ISLAMABAD: The Special Assistant to the Prime Minister on Revenue, Tariq Pasha, has started assigning targets to the... Published 05 Jan, 2023 05:58am
Editorials Reluctant retailers EDITORIAL: Good luck to the Senate standing committee on finance as it tries to drag two million reluctant retailers... Published 02 Jan, 2023 05:54am
Business & Finance Move to bring 2m retailers into tax net: Senate body clears bill on tax laws ISLAMABAD: The Senate Standing Committee on Finance has cleared the Tax Laws (Second Amendment) Bill, 2022 with some... Updated 23 Dec, 2022 08:44am
Print Documenting economy, broadening tax base: AGP expresses concern over FBR’s failure ISLAMABAD: The Auditor General of Pakistan (AGP) has expressed serious concern over the Federal Board of Revenue’s... Updated 13 Oct, 2022 09:51am
Print Constitutionality of Section 7E of IT Ord, 2001: LHC issues notices to federal, Punjab secretaries and FBR ISLAMABAD: The Lahore High Court (LHC) issued notices to the federal and the Punjab secretaries of Finance and the... Updated 01 Sep, 2022 09:24am
Business & Finance FBR to improve infrastructure to better facilitate retailers ISLAMABAD: On the recommendations of the Federal Tax Ombudsman (FTO), the Federal Board of Revenue (FBR) will raise ... Published 31 Aug, 2022 05:50am
Print Bringing HNWIs into tax net: NADRA provides 3,500 updated profiles of non-filers to FBR ISLAMABAD: The National Database and Registration Authority (Nadra) Wednesday provided revised samples of 3,000 to... Updated 04 Aug, 2022 10:21am
Print Service charges/ commission/ fees: Payments to non-residents brought into the tax net FBR inserts two new sub-sections in Section 152 of Income Tax Ordinance for taxation payments to non-residents Updated 22 Jul, 2022 09:31am
Opinion Current tax regime – an impediment to growth Pakistan’s tax regime is perhaps one of the biggest impediments to economic growth. High tax rates and complexity... Updated 29 Jun, 2022 09:00am
Print PTI criticises govt for taking ‘regressive’ economic steps ISLAMABAD: While lashing out at government for imposing and hiking taxes, former foreign minister Shaukat Tarin... Updated 27 Jun, 2022 10:01am