E&T dept collects over Rs103,645m until April: Chawla KARACHI: Sindh Excise, Taxation, and Narcotics Control Department announced to collect over Rs 103645 million in the... Published 05 May, 2023 06:44am
Business & Finance FBR rescinds SRO but new FED rates on cigarettes to remain intact ISLAMABAD: The Federal Board of Revenue (FBR) has rescinded SRO 178(I)/2023 which has considerably increased the... Published 03 May, 2023 06:42am
Print Economy is not out of the woods yet: MoF Govt has a daunting task to follow effective revenue mobilisation and cautious expenditure management strategy to end the current fiscal year Updated 30 Apr, 2023 09:18am
Print RRMC takes stock of economic situation ISLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar on Saturday chaired the meeting of... Updated 30 Apr, 2023 09:21am
Business & Finance PBIF says taxable income limit should be increased by 100pc KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum... Published 30 Apr, 2023 05:10am
Markets PIAF calls for overhauling of power sector through drastic measures LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) has stressed the need for overhauling the ... Published 30 Apr, 2023 05:10am
Print FBR suffers shortfall of over Rs100bn in April ISLAMABAD: The Federal Board of Revenue (FBR) has suffered a massive shortfall of over Rs 100 billion during the... Updated 29 Apr, 2023 11:48am
Business & Finance FBR to observe extended working hours KARACHI: Federal Board of Revenue (FBR) has directed its field offices to observe extended working hours until 10:00... Published 29 Apr, 2023 06:04am
Opinion The grim challenge of import addiction We are addicted to foreign goods. As a child I remember hankering for foreign chocolates and toffees, as an adult I... Updated 27 Apr, 2023 07:06am
Business & Finance Smart licences for arms attract 18pc GST rate: FBR ISLAMABAD: The Federal Board of Revenue (FBR) has declared that computerised arms licenses in the form of cards... Updated 27 Apr, 2023 09:01am
Print Pakistan’s economy: ADB lists factors that continue to pose challenges Says uncertainties and institutional factors continue to weigh on project implementation Updated 26 Apr, 2023 11:07am
Print Plan shared with Dar: FBR set to meet Rs586bn revenue target this month ISLAMABAD: Federal Board of Revenue (FBR) Chairman Asim Ahmad Tuesday shared a detailed plan with Finance Minister... Updated 26 Apr, 2023 08:53am
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
Opinion Contrasting trends The economy is showing contrasting trends in different segments of activity. This is due to various factors like the... Published 25 Apr, 2023 06:25am
Business & Finance Higher taxes ‘most effective’ tool to curtail tobacco consumption: PIDE study ISLAMABAD: A study conducted by the Pakistan Institute of Development Economics (PIDE) has confirmed that the... Published 22 Apr, 2023 03:38am
Print Govt fails to implement WB-recommended tax reforms ISLAMABAD: The government has failed to fully implement the World Bank recommended major tax reforms for enhancing... Updated 20 Apr, 2023 08:35am
Editorials Is it corruption or incompetence or both? EDITORIAL: Sometimes it becomes difficult to tell whether FBR (Federal Board of Revenue) suffers more from ... Published 20 Apr, 2023 06:30am
Opinion Place of Provision of Sales Tax on Services Rules 2023 Introduction: In Pakistan, sales tax on value-added basis is levied both on goods and services. There are numerous... Updated 18 Apr, 2023 07:01am
Business & Finance Saturday, Sunday: FBR extends working hours ISLAMABAD: The Federal Board of Revenue (FBR) has directed all Large Taxpayer Offices (LTOs), Medium Tax Offices... Published 18 Apr, 2023 06:21am
Print Transportation services or carriage of goods thru roads: Provinces notify formula for sales tax ISLAMABAD: All four provinces have notified that the amount of sales tax would be equally shared by those provinces... Updated 17 Apr, 2023 08:49am
Business & Finance Remaining period of 2022-23: FBR can overcome shortfall through recovery steps: FTO ISLAMABAD: The Federal Tax Ombudsman (FTO) on Friday strongly recommended the Federal Board of Revenue (FBR) to... Published 15 Apr, 2023 06:58am
Pakistan Over 210,000 smokers die annually due to health issues: report ISLAMABAD: Over 210,000 people die every year in Pakistan due to smoking-related health issues, according to a... Published 14 Apr, 2023 05:59am
Opinion Resilience, helplessness or loss of trust?—II In other words, the country is on the verge of a sovereign default. This recognition is an admission for cure; ... Updated 14 Apr, 2023 07:16am
Business & Finance Punjab meets 74pc of revenue target LAHORE: The Punjab Revenue Authority (PRA) has collected 74% of the assigned target of Rs190 billion by collecting... Published 14 Apr, 2023 05:59am
Editorials IMF bailout in sight: misplaced optimism? EDITORIAL: A statement issued by the Ministry of Finance has revealed that the economic team led by Finance Minister... Updated 14 Apr, 2023 06:49am
Opinion Resilience, helplessness or loss of trust?–I The Pakistanis are battling an inflation rate of over 35 percent, a policy rate of 21 percent, depletion in value of... Updated 13 Apr, 2023 07:20am
Pakistan Experts hail govt’s decision to enhance tax rate on cigarettes ISLAMABAD: The social activists and health experts Sunday highly appreciated government’s decision of higher... Published 10 Apr, 2023 06:45am
Business & Finance Tax expert criticises FBR for removing taxpayers’ names from ATL PESHAWAR: A leading tax expert of KP, Muhammad Umair Zeb told Business Recorder on Sunday that Federal Board of... Published 10 Apr, 2023 06:45am
Editorials The dramatic slide of economy continues EDITORIAL: The World Bank’s senior macroeconomist Derek Chen while briefing journalists suggested measures that... Published 10 Apr, 2023 06:45am
Business & Finance FBR deducts Rs1.3bn in pending amount from PIA accounts KARACHI: The Federal Board of Revenue (FBR) deducted Rs1.3 billion in a pending amount from Pakistan International... Published 09 Apr, 2023 05:58am