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
Business & Finance 'In coming months': Govt to expand tax net with consultation, says Miftah Ismail Finance minister says will bring real estate brokers, builders, housing society developers, car dealers, restaurants, salons etc in the tax net Updated 25 Jun, 2022 04:32pm
Business & Finance Senate panel agrees to FBR’s plan for disabling mobile phones, SIMs to force filing of returns ISLAMABAD: A meeting of the Senate Standing Committee on Finance has agreed to the Federal Board of Revenue (FBR) to... Published 17 Jun, 2022 06:37am
Budget 2022-23 Fixed Tax Scheme: 2.5m retailers to be brought into tax net ISLAMABAD: Federal Board of Revenue (FBR) Chairman Asim Ahmad on Saturday said the FBR has estimated to bring 2.5... Published 12 Jun, 2022 06:55am
Business & Finance PBF urges govt to incentivise investors, broaden tax net KARACHI: President of Pakistan Businesses Forum (PBF) Mian Usman Zulfiqar has proposed to the economic managers to... Published 02 Jun, 2022 07:00am
Business & Finance Hazara region: KPRA registers over 200 service providers PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA) has registered over 200 service providers in Hazara region... Published 23 May, 2022 08:02am
Business & Finance FBR urged to facilitate one-shop retailers LAHORE: President and founder of Friends Economic & Business Reforms (FEBR) and former vice-president of the... Published 20 Feb, 2022 05:55am
Business ‘Exemptions, incentives withdrawal to generate Rs250bn more revenue’ LAHORE: Special Assistant to Prime Minister (SAPMA) on Revenue Dr Waqar Masood has said that the budget 2021-22 has ... Published 24 Jun, 2021 03:36am
Pakistan There is ambivalence in govt’s policy: Mian Zahid KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum,... Published 18 Jun, 2021 04:16am
Pakistan FPCCI demands reforms in tax system for broadening tax net Former President FPCCI gave a detailed briefing to the participants regarding the budget proposals sent to the government by FPCCI. Published 06 Jun, 2021 07:42pm
Editorials Raising revenue by Rs 1 trillion EDITORIAL: Finance Minister Shaukat Tarin has reiterated in his recent interviews on private television channels ... Updated 29 May, 2021 12:03pm
Opinion Tarin’s road map – the way forward for Pakistan The proposals made by the new Finance Minister Shaukat Tarin are valid, and it is time to seriously work towards... Published 07 May, 2021 04:35am
Business & Finance Current COVID wave threatens Pakistan's economic recovery: Tarin “The current IMF program was quite difficult and such conditions were imposed, which has a political cost as well," said Tarin. Published 05 May, 2021 03:27pm
Business Attachment of bank accounts of taxpayers: FTO for restricting powers of tax officials ISLAMABAD: The Federal Tax Ombudsman (FTO) has strongly recommended the Federal Board of Revenue (FBR) to restrict... Published 28 Apr, 2021 03:18am
Opinion Simplification of taxes for growth — II The government of Pakistan Tehreek-i-Insaf (PTI) has been reminded in these columns time and again that no agenda ... Published 26 Mar, 2021 05:22am
Business & Finance World Bank & CDPR Unlock Pakistan’s Income Tax Potential in a New Webinar Series The Pakistan Development Policy series 2021 is a set of policy discussions organized by CDPR and the World Bank to discuss key reform areas critical to Pakistan’s economic, social and development growth. Updated 02 Mar, 2021 01:08pm
Print First 5 months of FY21: Fiscal deficit stands at 1.8pc of GDP ISLAMABAD: The fiscal deficit during the first five months of the current fiscal year stood at 1.8 percent of GDP,... Published 27 Jan, 2021 04:59am
Pakistan 'Steps to enhance tax net help generate additional Rs 2bn this year' She said that technological advancement had enabled the department to collect and maintain accurate record and potential of recovery. Published 13 Jan, 2021 08:26pm