Default fears deepen but Dar exudes optimism Assures business community that focus of upcoming budget (2023-24) would be broadening tax base and document new taxpayers Updated 25 May, 2023 08:55am
Print Non-corporate businesses: RRMC suggests hike in tax rates ISLAMABAD: The Reforms & Revenue Mobilization Commission (RRMC) has strongly recommended an increase in tax ... Updated 25 May, 2023 08:53am
Editorials Tax targets for FY24 EDITORIAL: Chairman Federal Board of Revenue, Asim Ahmed, while talking exclusively to Business Recorder, subsequent... Updated 25 May, 2023 07:04am
Print Business community held out assurance ISLAMABAD: The Federal Board of Revenue (FBR) has assured the business community of taking up their budgetary... Updated 24 May, 2023 08:49am
Opinion ‘Learning From Others’–I This writer has borrowed the title for his article from the autobiography of Syed Babar Ali titled ‘Learning From... Updated 23 May, 2023 06:47am
Business & Finance Internet, IT devices: SBP advocates cut in duties and taxes KARACHI: The State Bank of Pakistan (SBP) has asked for reduction of the duties and taxes on internet and IT devices... Published 23 May, 2023 06:14am
Print FY24 Budget: Rs9.2trn tax collection target expected ISLAMABAD: The tax collection target of the Federal Board of Revenue (FBR) would be fixed within the range of Rs 9... Updated 23 May, 2023 08:49am
Pakistan Expert underscores need for dealing with illicit trade challenge LAHORE: Terming inaccurate statistics regarding illicit trade in Pakistan as a significant barrier to making... Published 22 May, 2023 06:23am
Print Tobacco industry: FBR anticipates Rs200bn collection on FED hike ISLAMABAD: The Federal Board of Revenue (FBR) has estimated to collect around Rs200 billion from the tobacco... Updated 22 May, 2023 09:09am
Editorials For whom the bell tolls, it tolls for thee EDITORIAL: Some circles in the government are trying to build up a narrative that current account is coming into... Published 22 May, 2023 06:23am
Opinion FY2023-24 Budget The government is expected to present the budget for the next fiscal year in the first week of June. Budgets in... Published 20 May, 2023 05:59am
Print Local, foreign assets: Rs9bn CVT collected so far ISLAMABAD: The government has so far collected Rs9 billion on account of capital value tax (CVT) on local and... Updated 20 May, 2023 12:30pm
Editorials ‘Realistic’ tax target EDITORIAL: The budget is just around the corner, which makes this the time when the finance ministry is flooded with... Published 20 May, 2023 05:59am
BR Research Petrol pricing: Taxes may go up As the government reduced petroleum prices earlier this week, eyebrows were raised. Skeptics were quick to relate it... Updated 19 May, 2023 01:09pm
Opinion Budget, taxes, revival & growth Fiscal consolidation should be as growth-friendly as possible. In general, tax base-broadening reforms are ... Published 19 May, 2023 06:17am
Opinion A mission-oriented Budget Never before in 75-year history of the country has Annual Budget been so important. Now that Pakistan has struggled... Published 19 May, 2023 06:17am
Editorials PSDP: prudence needed EDITORIAL: The Ministry of Finance has given a 700 billion rupee indicative budget ceiling for Public Sector... Published 19 May, 2023 06:17am
Print Industries in tribal areas: Fate of tax exemptions to be decided in FY24 budget ISLAMABAD: The government, through Finance Bill 2023, will take final decision on the extension in tax exemptions... Updated 18 May, 2023 09:03am
Print Pre-budget talks: Senate panel to meet stakeholders from next week ISLAMABAD: The Senate Standing Committee has decided to hold pre-budget meetings with all the relevant stakeholders... Updated 18 May, 2023 09:05am
Print Budget measures regarding new housing societies: FBR, provinces to document ‘plot file’ trading ISLAMABAD: The Federal Board of Revenue (FBR) and provinces will take measures in the coming budget (2023-24) to... Updated 17 May, 2023 11:20am
Editorials Economy between the devil and the deep blue sea EDITORIAL: Pakistan Bureau of Statistics (PBS) calculated a Sensitive Price Index (SPI) for the week ending 11 May... Published 17 May, 2023 06:22am
Editorials Fiscal mismanagement EDITORIAL: In these times of an extremely tight fiscal position where the federal government’s net revenues are ... Published 15 May, 2023 06:41am
Opinion The cost of internet shutdown During the political drama of last week, one of the many adversities faced by the general public was the banning of... Published 15 May, 2023 06:41am
Business & Finance FBR releases Rs45m to TDCP as withdrawal declared illegal LAHORE: The Federal Board of Revenue (FBR) has released Rs.45.371 million of the Tourism Development Corporation of... Published 13 May, 2023 05:59am
Opinion Economic stress Since around September 2021, and especially since April last year, economic stress has come to Pakistan from a ... Updated 12 May, 2023 06:33am
Print Govt to scrap fuel subsidy plan, IMF told ISLAMABAD: Pakistan has told the International Monetary Fund (IMF) it will not implement a fuel subsidy programme as... Updated 12 May, 2023 08:45am
Print SBP’s FE circular No. 02 of 2023 ‘unfair’: TMA KARACHI: Towel Manufacturers Association of Pakistan Thursday called the State Banks’s circular to mark lien on the... Updated 12 May, 2023 09:01am
Print Govt rejects tax on firms’ reserves proposal ISLAMABAD: The government has rejected a proposal of the Reforms and Resource Mobilization Commission (RRMC) to... Updated 09 May, 2023 12:45pm
Business & Finance Taxpayers urged to make on-time payments PESHAWAR: Chief Commissioner Inland Revenue, Regional Tax Office (RTO) Peshawar, Zafar Iqbal Khan has urged ... Published 08 May, 2023 06:40am
Print Updated ICT law unveiled to charge 15pc GST on services ISLAMABAD: The Federal Board of Revenue (FBR) has issued an updated Islamabad Capital Territory (Tax on Services)... Updated 06 May, 2023 08:59am