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
Print Immovable property: Treating market value as income is beyond competence of FL: LHC ISLAMABAD: The Lahore High Court (LHC) ordered to treat the market value of immovable property as income under Entry... Updated 08 Apr, 2023 01:48pm
Opinion Serious economic crisis due to austerity policies, and weak multilateralism Inadequate provision of International Monetary Fund’s (IMF’s) special drawing rights (SDRs) to Pakistan, like in... Updated 07 Apr, 2023 06:32am
Editorials Import curbs exacting terrible toll on businesses EDITORIAL: The economic growth outlook is getting bleaker. Both the World Bank and the Asian Development Bank have... Published 07 Apr, 2023 06:06am
Opinion Theoretical dilemma: elite capture, inflation With the recent increase in food inflation and taxes it is essential that we reexamine the discussions regarding... Published 06 Apr, 2023 06:20am