Liquidation of appeals before IR, ATIR: Tax Laws Act to be effective from May 6 ISLAMABAD: The government has enforced the Tax Laws (Amendment) Act, 2024 from May 6, 2024, in an attempt to... Updated 08 May, 2024 08:48am
Business & Finance Prior to March 21st: FBR issues all refund claims of exporters ISLAMABAD: The Federal Board of Revenue (FBR) has issued all sales tax refund claims of exporters which were created... Updated 02 Apr, 2024 09:40am
Print Refund of coercively/illegally recovered amount: Taxpayers are not obliged to follow procedural requirements: IHC ISLAMABAD: Islamabad High Court (IHC) has declared that the taxpayers are not obliged to follow procedural... Updated 01 Apr, 2024 09:48am
Business & Finance Cotton processor secures input tax refund LAHORE: A cotton processor has secured input tax refund, which was rejected by the sales tax department after the... Published 05 Mar, 2024 03:09am
Print FBR collects Rs5.15trn from July to mid-Feb: MoF ISLAMABAD: The major contributors to income tax collection during July-January (2023-24) were banks, petroleum... Updated 21 Feb, 2024 09:30am
Print President endorses FTO’s order against FBR ISLAMABAD: President Arif Alvi has endorsed the order of the Federal Tax Ombudsman (FTO) against the Federal Board ... Updated 25 Aug, 2023 09:13am
Opinion Setting the record straight In FY23, textile exports plunged by $2.8 billion (15% decline) compared to FY22, derailing positive developments... Updated 13 Jul, 2023 05:25am
Business & Finance FTO asks FBR to refund Rs19,245 to ex-employee ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to allow a refund pending... Published 07 Feb, 2023 06:07am
Opinion IMF, the ‘lifeline’ of Pakistan Since the creation of Pakistan, its policy makers, politicians, and the rulers, all have been struggling to manage... Published 22 Dec, 2022 05:57am
Business & Finance FBR directed to dispose of 2018 refund claims ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to dispose of pending tax... Published 01 Aug, 2022 05:54am
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees