Faysal Bank conducts corporate briefing session KARACHI: Faysal Bank Limited recently conducted a virtual corporate briefing session. Through the session the... Published 20 Apr, 2021 04:00am
Business & Finance Tax evasion in tobacco industry: Experts surprised over claims of Mardan-based company ISLAMABAD: Leading tax experts and tax advisors are surprised over the claims of a Mardan-based company, which... Updated 20 Apr, 2021 10:03am
Business & Finance Special economic zones being set up in Punjab: minister LAHORE: Punjab Industry and Commerce Minister Mian Aslam Iqbal has said that special economic zones are being set up... Published 17 Apr, 2021 03:28am
Pakistan Cabinet told: Two-pronged approach to be adopted to deal with tax system ISLAMABAD: The federal cabinet has been informed that a two-pronged approach will be adopted to deal with the narrow... Updated 16 Apr, 2021 09:56am
Print Personal income tax: FBR trying to reduce number of slabs to 5 ISLAMABAD: The Federal Board of Revenue (FBR) is working on different options to bring down the number of personal... Published 16 Apr, 2021 03:40am
Print Vested interests enjoyed Rs2.66trn benefits: UNDP ISLAMABAD: The total benefits and privileges enjoyed by different vested interests in Pakistan amounted to Rs2.66... Published 15 Apr, 2021 03:22am
Print Unregistered buyers: CNICs numbers to be retained in FY22 budget ISLAMABAD: The government’s biggest documentation measure to provide Computerized National Identity Card (CNICs)... Published 15 Apr, 2021 03:22am
Print Foreign investors promised tax relief, incentives in FY22 budget ISLAMABAD: The Federal Board of Revenue (FBR) Tuesday assured top foreign investors maximum tax relief and ... Updated 14 Apr, 2021 10:10am
Business CRTO assures to examine issues of higher turnover tax on yarn traders KARACHI: Chief Commissioner Corporate Regional Tax Office (CRTO) Karachi Federal Board of Revenue (FBR) Dr Aftab... Published 13 Apr, 2021 04:31am
Business SMEDA suggests simplification of tax procedures LAHORE: The Small and Medium Enterprises Development Authority (SMEDA) in its budget proposals for 2021-22 has... Published 13 Apr, 2021 04:31am
Business & Finance Cigarette industry for uniform implementation of policies KARACHI: Cigarette industry, one of the largest tax payer sector, has urged the federal government for uniform... Updated 13 Apr, 2021 09:29am
Business & Finance LCCI forwards budget proposals to govt departments LAHORE: Feedback from the private sector plays a fundamental role in formulating appropriate policies for the trade,... Updated 13 Apr, 2021 09:29am
Print SECP orders probe into PECO's affairs ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has ordered probe into the affairs of Pakistan... Published 11 Apr, 2021 05:27am
Opinion US voting law debates stoke tussle over airline tax breaks Airlines are bracing for challenges to tax breaks they receive from US states as a result of wading in to a ... Published 10 Apr, 2021 04:35am
Print 39-month EFF programme: Govt hasn’t approached IMF for renegotiation: Rigo ISLAMABAD: The International Monetary Fund (IMF) has said that Pakistan has not formally approached it for... Updated 09 Apr, 2021 09:25am
Pakistan Sindh collects Rs71885.8 million tax in nine months: Top meeting told The meeting was informed that Rs84.125 million were collected in the form of cotton fee and Rs27.924 million in the case of entertainment duty. Published 08 Apr, 2021 06:23pm
Business & Finance International support grows for raising taxes to fund recovery "Destructive tax competition will only end when enough major economies stop undercutting one another and agree to a global minimum tax," US Treasury Secretary Janet Yellen said. Updated 08 Apr, 2021 07:33pm
World Yellen pushes countries to 'give up the game' on corporate taxes "In a typical year, around 200 companies report net income of $2 billion or more," the US Treasury said. Updated 08 Apr, 2021 04:57pm
Pakistan Ahsan tells NA body: Govt may announce budget or mini-budget through ordinance ISLAMABAD: The National Assembly Standing Committee on Finance was informed, Wednesday, that there are serious... Updated 08 Apr, 2021 09:11am
Print PM says it’s time for ‘new’ IMF package ISLAMABAD: Prime Minister Imran Khan has said his government will speak to the International Monetary Fund (IMF)... Updated 07 Apr, 2021 09:59am
Print Fund boosts outlook for global economy WASHINGTON: Accelerated vaccinations and a flood of government spending, especially in the United States, have... Published 07 Apr, 2021 03:48am
Business & Finance The Tax Laws (Second Amendment) Ordinance, 2021 EXECUTIVE SUMMARY Following are the key changes made through the Amendment Ordinance: Updated 07 Apr, 2021 09:51am
Pakistan Govt committed to implement structural reforms, protect vulnerable segments: Hammad The Vice President, World Bank appreciated the government’s relief initiatives to curtail the impact of COVID-19 pandemic effectively. Updated 07 Apr, 2021 12:22am
World US pushing G20 for global minimum corporate tax: Yellen WASHINGTON: The United States is pushing in the G20 to adopt a global minimum corporate tax to stem the erosion of... Published 06 Apr, 2021 04:23am
Business & Finance Non-life insurance sector profits up by 5pc, net premiums drop 5pc KARACHI: The profitability of the non-life insurance sector during 2020 was up 5 percent on year-on-year basis,... Published 06 Apr, 2021 04:23am
Opinion The upcoming budget The federal cabinet has undergone a major change hardly eight weeks prior to the presentation of the national budget... Published 03 Apr, 2021 03:41am
Markets Sovecon lowers forecast for Russian 2020/21 wheat MOSCOW: Russian agriculture consultancy Sovecon said on Friday it had lowered its forecast for Russia’s 2020/21... Published 03 Apr, 2021 03:41am
Print July-March (2020-21): FBR witnesses 10pc growth in collection ISLAMABAD: The Federal Board of Revenue (FBR) has witnessed 10 percent growth in revenue collection during ... Published 03 Apr, 2021 03:41am
Print FBR enforces convention to prevent profit shifting ISLAMABAD: The Federal Board of Revenue (FBR) has enforced from April 1, 2021 multinational convention to implement... Published 03 Apr, 2021 03:41am
Business & Finance FBR clarifies ISLAMABAD: The Federal Board of Revenue (FBR) has categorically said that the FBR has not taken any decision at the... Published 03 Apr, 2021 03:41am