Property deals, salaries, car purchase: FBR notifies change in WHT provisions New category of late filers has been introduced for persons who are appearing on ATL but have not filed return by the extended due date Updated 10 Jul, 2024 10:24am
Pakistan Property transactions: Progressive tax rates announced ISLAMABAD: The government has announced progressive tax rates on purchases and sales of properties, categorised into... Published 13 Jun, 2024 03:32am
World Russia proposes raising extraction tax rates on diamonds, gold, iron ore MOSCOW: Russia’s finance ministry on Monday proposed increasing mineral extraction rents from next year on ... Published 04 Jun, 2024 06:28am
Business & Finance Budget 2024-25: PBC for documenting economy as per Indian model ISLAMABAD: Pakistan Business Council (PBC) has strongly proposed Finance Minister Muhammad Aurangzeb to implement... Published 21 May, 2024 03:39am
Print Govt explains magnitude of SOE burden Federal Minister for Privatisation says current state of the public sector is unsustainable and contributes to the deterioration in the business environment in the country Updated 28 Nov, 2023 10:01am
Print Working out new rates of immovable properties: On Dar’s directive, FBR to hold talks with realtors today ISLAMABAD: Finance Minister Ishaq Dar Friday directed the Federal Board of Revenue (FBR) to immediately convene a... Updated 05 Aug, 2023 03:08pm
Print Sugar import: Cut in tax rates amongst reasons behind huge income tax exemptions cost ISLAMABAD: The reduction in tax rates including withholding tax on the import of sugar is one of the reasons for... Updated 12 Jun, 2023 08:43am
Opinion Slump in industrial production There is no end to the bad news on the on-going performance of the economy of Pakistan. Now we have been informed by... Updated 23 May, 2023 06:36am
Print Govt fails to implement WB-recommended tax reforms ISLAMABAD: The government has failed to fully implement the World Bank recommended major tax reforms for enhancing... Updated 20 Apr, 2023 08:35am
Business & Finance PSMA calls for changes in tax rates for scrap dealers LAHORE: The Pakistan Steel Melters Association (PSMA) on Sunday said that withholding tax on supply of scrap should... Published 27 Mar, 2023 06:38am
Business & Finance SBP lowers FY23 growth forecast KARACHI: Taking into account the destruction caused by floods and the policy focus on stabilization, the State Bank... Published 22 Dec, 2022 05:57am
Opinion Growth takes the cake! Several economic team leaders throughout the world rely on data manipulation to show a performance that is at odds... Published 28 Nov, 2022 06:13am
Editorials The real state of real estate EDITORIAL: In a recent speech, former Prime Minister (PM) Imran Khan (IK) hit out at the ‘mafias’ in the ... Published 26 Nov, 2022 04:13am
Print Tarin criticises govt’s approach to IMF programme KARACHI: Former finance minister Shaukat Tarin said on Saturday that gas tariffs and tax rates will be increased... Updated 04 Sep, 2022 09:08am
Print Presidential Ordinance almost ready: New tax rates under FTS to be notified on Oct 1 ISLAMABAD: The upcoming Presidential Ordinance will notify new tax rates for trades under the fixed tax scheme (FTS)... Updated 11 Aug, 2022 09:49am
Pakistan PM Imran announces industrial package with eyes on foreign exchange inflow Says government's priority is to promote export-oriented industries Updated 01 Mar, 2022 06:12pm
Business & Finance Expert suggests reducing tax rates instead of widening tax net KARACHI: To Increase the “tax net”, Federal Board of Revenue (FBR) should reduce “tax rates” like in Russia... Updated 13 Feb, 2022 02:19pm
Print Passage of money bill: Senate panel concerned at ‘after-effects’ ISLAMABAD: The Senate Standing Committee on Finance Wednesday expressed serious concerns over reports that the... Updated 06 Jan, 2022 09:32am
Business & Finance ‘LCCI can play key role in bringing down tax rates for textile traders’ LAHORE: Tax rate for the textile traders too high that must be brought down and the Lahore Chamber of Commerce &... Published 30 Nov, 2021 05:23am
BR Research An interview with Arthur B. Laffer, noted American economist ‘Pakistan needs broad-based, low rate, flat taxes’ Arthur Betz Laffer is an American economist who postulated... Published 29 Nov, 2021 07:46am
Print Milestone global corporate tax deal finally gets agreement PARIS: A milestone global deal to ensure big companies pay a minimum tax rate of 15% and make it harder for them to... Updated 09 Oct, 2021 09:43am
Business & Finance FBR issues tax rates on immovable properties LAHORE: The Federal Board of Revenue (FBR) has issued updated rates of withholding tax on sale and purchase of... Updated 13 Aug, 2021 11:11am
Print FBR explains taxation of property, salary income ISLAMABAD: The Federal Board of Revenue (FBR) has explained the taxation of property income, salary income, and... Updated 02 Jul, 2021 08:39am
Budget 2021-22 What some of the budget measures mean Business Recorder helps break down some of the proposals that may impact you Published 12 Jun, 2021 09:24pm
Print WHT rates reduced to 10percent: Industry status for telecom sector proposed ISLAMABAD: The government has proposed the industrial status for telecom sector, reduced withholding tax rates from... Published 12 Jun, 2021 05:04am
Business ACCA calls for cut in tax rates to single digit LAHORE: In the budget proposals released on Monday by ACCA (the Association of Chartered Certified Accountants), the... Published 08 Jun, 2021 04:09am
Print Construction sector: Over 1,070 projects worth Rs383bn investment registered ISLAMABAD: Over 1,070 construction projects worth investment of Rs383 billion including both existing and new... Published 07 May, 2021 04:35am
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost