LAHORE: The Large Tax Office (LTO) has gotten egg on face by deducting tax against an offshore company in presence ...

• Recommends subjecting sector to standard income tax regime

KARACHI: Some of the leading e-commerce platforms have said to be the biggest source for trading non-PTA-approved...

ISLAMABAD: The government will have little, if any, maneuverability to reduce utility prices during the second...

LAHORE: An Inland Revenue appellate tribunal has reduced penalty against defaulter of sales tax owing to...

WASHINGTON: Donald Trump defended Monday his proposal of a universal 10 percent tariff on imports, suggesting tax...

Indus Motors expects economic recovery and as a result the demand for its cars to recover slowly, predicting volumes...

LAHORE: The government has the potential to generate $2 billion revenue from the legitimate tobacco industry by...

• Says government fully committed to increase tax to GDP ratio

ISLAMABAD: The Sui Northern Gas Pipeline Limited (SNGPL) is reportedly in hot water after receiving the tax demand...

ISLAMABAD: The Federal Board of Revenue (FBR) will charge 25 percent sales tax on locally manufactured or assembled...

ISLAMABAD: The Federal Board of Revenue (FBR) has placed restrictions on various activities and transactions of...

KARACHI: The Directorate General of Post Clearance Audit (PCA) South has uncovered a massive tax evasion scam...

ISLAMABAD: The Lahore High Court (LHC) Rawalpindi Bench has barred the Regional Tax Office (RTO) Rawalpindi from...

ISLAMABAD: On the directions of Prime Minister Shehbaz Sharif, the Federal Board of Revenue (FBR) has issued...

ISLAMABAD: Health experts and anti-tobacco activists urged the government to harmonise cigarette taxes with the ...

• Total number of persons covered under ATL 2023 totalled 3,350,000, compared to 5,730,000 in ATL 2022

ISLAMABAD: Qasim Yaqoob Paracha, Chairman of the Salt Manufacturers Association Pakistan, stated that the salt ...

ISLAMABAD: Federal Tax Ombudsman (FTO) Asif Mahmood Jah has said that the Federal Board of Revenue (FBR) has been...

JS Bank Limited (JSBL) posted massive earnings of Rs10.39 billion ($36.85 million) in 2023, up over 853% from the...

ISLAMABAD: Federal Board of Revenue (FBR) is said to have put Sui Northern Gas Pipeline Limited (SNGPL) under...

ISLAMABAD: The Federal Board of Revenue (FBR) Wednesday directed field formations of Punjab that the section 7E (tax...

ISLAMABAD: The absence of a clear policy reforms on tobacco taxation for multinational cigarette manufacturing...

LAHORE: Emphasising the need for documenting and taxing illicit tobacco transactions, the experts have called for...

LAHORE: A taxpayer has alleged the income tax department to have used repealed provisions of the law to carry out...

• The inter-ministerial committee will also prepare viable plan for enhancement of tax collection

LAHORE: A bicycle manufacturer has failed to fulfill the conditions prescribed for claiming input tax adjustment...

Business Recorder op-ed writers Huzaima Bukhari, Dr Ikramul Haq and Abdul Rauf Shakoori have highlighted an issue of...

KARACHI: The Excise and Taxation Department of Sindh has collected over Rs. 82 billion in taxes from July 2023 to...

According to the latest data available on the website of Pakistan Telecommunication Authority (PTA), as on December...