TDS granted by govt to Discos liable to tax? LAHORE: The Tariff Differential Subsidy (TDS) granted by the federal government to the power distribution companies... Updated 19 May, 2024 09:32am
Business & Finance Don’t kill the goose that lays the golden egg, SITE body tells FBR, others KARACHI: SITE Association of Industry (SAI) in its budget proposals for the year 2024-25 forwarded to the Prime... Published 18 May, 2024 05:45am
Opinion The AJK curtain-raiser I fear the recent unrest in AJK was not an isolated affair, nor does the delayed Rs35bn sweetener mean the end of ... Published 16 May, 2024 06:28am
Opinion An anti-citizen policy? Governments are supposed to make people-friendly and welfare-oriented policies. Citizens should not be just tax... Published 14 May, 2024 05:18am
Print Supplies by importers: Reduced rate of 1-4pc for purpose of tax withholding likely ISLAMABAD: The government is planning to introduce a reduced rate of 1-4 percent for the purpose of tax withholding... Updated 12 May, 2024 01:30pm
Business & Finance PRA takes action against ‘tax evader’ LAHORE: The Rawalpindi Commissionerate of Punjab Revenue Authority (PRA) has sealed the license of a manpower... Published 11 May, 2024 06:22am
Business & Finance Ethopian envoy offers 10-year tax holiday to Pakistani investors KARACHI: Fostering economic ties between Pakistan and Ethiopia, Ambassador Jemal Beker Abdula unveiled special offer... Published 10 May, 2024 04:17am
Pakistan Widow challenges advance tax against cellular phone services LAHORE: A widow has challenged advance tax against cellular phone services, being not liable to pay income tax or... Published 01 May, 2024 04:14am
Business & Finance SCBPL delivers strong financial performance KARACHI: Standard Chartered Bank Pakistan Limited (SCBPL) delivered a strong performance, that has led to a growth ... Published 30 Apr, 2024 03:43am
Business & Finance Tax administration & relevant laws: Business community supports PM’s resolve KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian... Published 27 Apr, 2024 05:03am
Business & Finance Fauji Cement’s earnings down to Rs1.77bn in January-March 2024 Fauji Cement’s profit-after-tax amounted to Rs1.77 billion, a decrease of 6%, during the third quarter of FY24 that... Published 23 Apr, 2024 03:29pm
Editorials Tax burden on industrial sector EDITORIAL: A report in this paper, explaining how 19-20 different federal and provincial taxes presently levied on... Published 22 Apr, 2024 04:39am
Print Global lender recommends tax policy reforms International Monetary Fund gives a set of recommendation Updated 16 Apr, 2024 09:15am
Business & Finance Transaction against a taxpayer: Authorities fail to establish re-characterization LAHORE: Tax authorities fail to establish re-characterization of a transaction against a taxpayer in the absence of... Published 05 Apr, 2024 04:50am
Business & Finance Tax defaulting vehicles: E&T Dept decides to take strict action LAHORE: The Excise and Taxation Department has decided to take strict action against tax defaulting vehicles,... Published 01 Apr, 2024 05:34am
Opinion Paradigm behind an ideal tax-to-GDP ratio One point of commonality in all twenty-three International Monetary Fund (IMF) programmes secured by Pakistan to ... Published 01 Apr, 2024 05:34am
Print Over 27,000 tax-related cases pending: Ord likely to reduce forums of appeals ISLAMABAD: The government is likely to promulgate a Presidential Ordinance to reduce forums of appeals to decide... Updated 31 Mar, 2024 09:47pm
Business & Finance Taxpayer disallowed input tax adjustment LAHORE: Sales tax authorities failed to disallow the input tax adjustment in the absence of proving adjustment... Published 31 Mar, 2024 02:53am
Business & Finance Tax officer passes assessment order beyond show-cause notice LAHORE: A tax officer passed an assessment order beyond the show-cause notice without confronting the same to the... Published 27 Mar, 2024 04:38am
Print Will new finance minister help arrest FBR’s revenue collection slide? ISLAMABAD: Tax experts have raised the question of whether the differences between the caretaker Finance Minister ... Updated 10 Mar, 2024 10:10am
Business & Finance Office of FTO: Business community briefed about mandate & performance KARACHI: Dr Asif Mahmood Jah, Federal Tax Ombudsman, has apprised the business community on the mandate and the... Published 29 Feb, 2024 04:41am
Business & Finance EU removes Bahamas, Seychelles from tax haven blacklist BRUSSELS: The EU removed the Bahamas, Seychelles and two other jurisdictions from its tax havens blacklist on... Published 21 Feb, 2024 05:29am
Markets Textile unit commits Rs1.4bn tax ‘fraud’ by ‘misusing’ EFS KARACHI: A textile unit, reportedly owned by political bigwigs, has committed around Rs 1.4 billion tax fraud by... Updated 21 Feb, 2024 11:15am
Business & Finance Tax authorities fail to encash expired bank guarantee as govt dues LAHORE: Tax authorities have failed to encash expired bank guarantee for recovery of government dues, said sources.... Published 16 Feb, 2024 06:02am
Business & Finance LCCI partners with ACCA Pakistan to establish dedicated tax clinic LAHORE: In a significant development aimed at enhancing tax awareness among the business community, the Lahore... Published 14 Feb, 2024 02:34am
Print Govt lacks space to pay pending ST refunds: FTO ISLAMABAD: Federal Tax Ombudsman (FTO) has analysed that the government has no fiscal space for making pending sales... Updated 28 Jan, 2024 04:51pm
Business & Finance Debt sustainability: Elevated gross financing needs constitute high risk: IMF ISLAMABAD: The International Monetary Fund (IMF) has said that elevated gross financing needs continue to pose high... Published 21 Jan, 2024 03:10am
Opinion An anatomy of economic clichés/mantras of 2023—II It would not be out of place to state that a smaller group of economists in the community in these forums also... Published 14 Jan, 2024 03:13am
Editorials Broadening tax net: will FBR win big? EDITORIAL: For years, FBR (Federal Board of Revenue) has tried and failed to expand the tax base, leading to an... Updated 05 Jan, 2024 12:02pm
Editorials ‘Progress moderately satisfactory’ EDITORIAL: The World Bank has evaluated the ‘Pakistan Raises Revenue project’ as moderately satisfactory. Three... Published 27 Dec, 2023 05:15am
