Sky-High FED: Pulping Punjab’s Rural Economy Developing agriculture value chains is the low-hanging fruit in Pakistan’s economy – especially the Punjab economy.... Published 21 May, 2024 09:07am
Business & Finance FBR starts process of blocking mobile SIMs of non-filers First batch comprising 5,000 non-filers has been communicated to telecom operators for disabling their mobile phone SIMs, board says Updated 11 May, 2024 12:29am
Opinion Transparency, taxation & reforms Macroeconomic conditions have improved over the course of the program. Growth of 2 percent is expected in FY24 given... Published 03 May, 2024 06:29am
Business & Finance FTO advisor vows to redress taxpayers’ grievances PESHAWAR: Sardar Ali Khwaja, Advisor to the Federal Tax Ombudsman (FTO) in Peshawar, reaffirmed the institution’s... Published 29 Apr, 2024 04:49am
Business & Finance Pending litigation cases: nearly 80% amount with Appellate Tribunal, Collectors/Commissioners (Appeal) Contrary to what authorities would have you believe, an amount of nearly Rs2.88 trillion remained stuck in the... Published 25 Apr, 2024 06:57pm
Business & Finance Insurance products: SECP asks FBR to remove ‘multiple layers’ of taxation ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has recommended Federal Board of Revenue (FBR)... Published 17 Apr, 2024 05:28am
Business & Finance Fiscal trajectory: Expert underscores role of taxation PESHAWAR: Muhammad Umair Zeb, a leading tax expert has underscored the pivotal role of taxation in shaping the... Published 12 Feb, 2024 06:25am
Print RD on export of precious stones: SIFC panel asks FBR to share taxation procedures ISLAMABAD: An inter-ministerial panel of the SIFC (Special Investment Facilitation Council) has asked the Federal... Updated 30 Jan, 2024 09:47am
Technology Microsoft fights $29bn US back tax claim WASHINGTON: The US Internal Revenue Service is asking that Microsoft pay a whopping $29 billion in unpaid taxes from... Published 12 Oct, 2023 10:40am
Print New circular of FBR raises eyebrows KARACHI: Karachi Tax Bar Association (KTBA) has raised concerns about a new circular introduced by the Federal Board... Updated 12 Oct, 2023 08:42am
Print World Bank for taxation of agri income, property ISLAMABAD: The World Bank (WB) has recommended taxation of agricultural income and property, withdrawal of... Updated 10 Oct, 2023 11:22am
Print FBR to field DTOs to identify new taxpayers ISLAMABAD: The Federal Board of Revenue (FBR) plans to depute District Taxation Officers Inland Revenue across... Updated 09 Oct, 2023 09:44am
Opinion Immovable fixed asset valuation and equity formation We know the influence the IMF brings to bear on central bankers and policy makers in the developing world and we ... Published 21 Sep, 2023 07:02am
Opinion Country needs structural reforms This is apropos a Business Recorder op-ed “Broadening the tax net: A solution to taxation woes?” carried by the... Published 11 Sep, 2023 06:32am
Technology 5G launch hamstrung by low handset and OFC penetration, other challenges ISLAMABAD: Several challenges and impediments including low handset and optic fibre cable (OFC) penetration,... Published 05 Sep, 2023 06:22am
Print PSW’s e-lab management system to integrate all govt labs ISLAMABAD: The electronic lab management system of the Pakistan Single Window (PSW) will integrate all government... Updated 03 Sep, 2023 09:36am
Business & Finance Workshop on taxation organised at CBD Punjab Complex LAHORE: In a bid to foster financial literacy and raise awareness about tax implications among its employees, Punjab... Published 24 Aug, 2023 06:22am
Print Inter-company dividends: Govt may provide relief from multiple taxation ISLAMABAD: The government is likely to provide relief from multiple taxes on inter-company dividends in the coming... Updated 06 Jun, 2023 08:45am
Business & Finance DG monitoring revenue collection drive LAHORE: Director General Excise, Taxation and Narcotics Control Punjab Muhammad Ali has become active for the... Published 01 May, 2023 03:28am
Business & Finance Traders for reduction in ST rate, against double taxation ISLAMABAD: Traders have proposed reducing the sales tax to single digit, phase wise, besides demanding that double... Published 26 Apr, 2023 06:15am
Business & Finance Aggressive taxation, high mark-up rate halted SMEs growth: SMEDA LAHORE: Aggressive Taxation, harassment of tax departments, high mark-up rate and augmenting energy cost have ceased... Published 14 Mar, 2023 03:18am
BR Research Not done till it’s done IMF review is not done. There are broad agreements on the fiscal and energy side. The IMF is not flexible—the... Published 13 Feb, 2023 09:32am
Print FY24 budget: FBR invites proposals on income tax ISLAMABAD: The income tax budget (2023-24) would focus on policy for taxation of real income, phasing out of tax... Updated 08 Feb, 2023 09:12am
Opinion Taxation of immovable property The National Assembly through the Finance Act 2012 amended section 37(5) of the Income Tax Ordinance, 2001 [“the... Updated 27 Jan, 2023 11:36pm
Business & Finance FBR sees Rs1289bn tax gap for 2022 ISLAMABAD: The Federal Board of Revenue (FBR) has worked out overall tax gap of Rs1,289 billion during 2022, which... Published 10 Jan, 2023 06:28am
Technology Taxation-related issues of IT sector: FBR nominates IR Commissioners as focal persons ISLAMABAD: The Federal Board of Revenue (FBR), for the first time, nominated Chief Commissioners (Inland Revenue) as... Updated 03 Dec, 2022 11:52am
Print Immovable property tax issue: LHC summons FBR chairman, law secy ISLAMABAD: The Lahore High Court (LHC) directed the Federal Board of Revenue (FBR) chairman and the Ministry of Law... Updated 16 Nov, 2022 09:38am
BR Research POS penetration: regulatory nudge needed! Pakistan has a huge cash-based transaction market; transforming which into digital channels has immense advantages ... Updated 09 Sep, 2022 11:51am
Markets Miftah directs immediate meeting to consider SOEs declaring 'healthy dividends' PSX hosts meeting with finance minister, who sets up three committees to coordinate on issues including interest rates, taxation, review of listings of DFIs among others Updated 10 Aug, 2022 09:41am
Business & Finance Electricity bills taxation: Miftah addresses business community concerns Finance minister meets Markazi Tanzeem-e-Tajaran Pakistan Published 01 Aug, 2022 04:08pm