Trends - Taxes - Business Recorder

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Winding up of PTB: Aurangzeb urged to revisit decision

ISLAMABAD: Officials of the Pakistan Tobacco Board (PTB) have urged Finance Minister Senator Muhammad Aurangzeb to...

Updated 22 Jan, 2025 09:36am

Business & Finance

Improved tax system: Furniture Association presents suggestions

LAHORE: The Furniture Association presented recommendations to improve the tax system and reaffirmed its commitment...

Published 22 Jan, 2025 06:06am

World

Scholz vows to ‘defend free trade’ after Trump tariff threat

DAVOS: German Chancellor Olaf Scholz said Tuesday that he would “defend free trade as the basis of our prosperity”,...

Published 21 Jan, 2025 07:03pm

Editorials

Tackling tobacco consumption

EDITORIAL: In grim news for public health in Pakistan, it has emerged that the country’s annual smoking-related...

Published 20 Jan, 2025 05:31am

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Regional Tax Office Sahiwal: Advisers approach FBR chief against tax officers

ISLAMABAD: Tax advisers have approached Chairman Federal Board of Revenue (FBR) against tax officers of Regional Tax...

Updated 20 Jan, 2025 02:54pm

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Amended tax laws to tighten noose on non-filers

Changes in withholding tax regime to be done in the coming budget (2025-26)

Updated 20 Jan, 2025 03:27pm

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‘Ineligible persons’: FBR creates data governance office

ISLAMABAD: The Federal Board of Revenue (FBR) has created a “Data Governance Office” for registration and action...

Updated 18 Jan, 2025 03:11pm

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Corporate sector contributes Rs3,061bn as income tax

ISLAMABAD: The corporate sector contributed Rs 3,061 billion as income tax during 2023-24, according to a new...

Updated 09 Jan, 2025 02:10pm

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FBR tax collection: Contribution of LTO Karachi highest

ISLAMABAD: The contribution of Large Taxpayer Office (LTO) Karachi in overall tax collection (income tax, sales tax,...

Updated 09 Jan, 2025 03:09pm

Business & Finance

‘NKATI ready to work with all associations for budget proposals’

KARACHI: Faisal Maize Khan, President of the North Karachi Association of Trade and Industry (NKATI), has stated the...

Published 08 Jan, 2025 06:26am

Pakistan

‘Ineligible persons’: stock brokers urge Aurangzeb for consultation on Tax Law (Amendment) Act

KARACHI: Pakistan Stock Brokers Association (PSBA) has urged Finance Minister Muhammad Aurangzeb to consult...

Updated 07 Jan, 2025 10:12pm

Opinion

Review of the IMF programme

This is the appropriate time to review progress on implementation of the reforms committed to the IMF in the new IMF...

Updated 07 Jan, 2025 07:22am

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ATIR rejects e-scanned signatures of overseas Pakistani

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) Islamabad has issued an order against an overseas Pakistani...

Updated 07 Jan, 2025 09:25am

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Tax evasion: FBR seeks data from different countries

ISLAMABAD: The Federal Board of Revenue (FBR) has processed 30 requests received from international tax...

Updated 07 Jan, 2025 08:54am

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FBR voices concern over disparities in tax compliance

ISLAMABAD: The Federal Board of Revenue (FBR) has expressed serious concern over significant disparities in tax...

Updated 06 Jan, 2025 09:30am

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Unrecognised educational institutions: FTO to file report to president on tax affairs

ISLAMABAD: The Federal Tax Ombudsman (FTO) will file a comprehensive report to President of Pakistan on a reference...

Updated 06 Jan, 2025 03:17pm

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FBR makes commitment of open dialogue with stakeholders

ISLAMABAD: Rashid Mahmood Chairman FBR/ Secretary Revenue Division has taken a major decision to restore trust of...

Updated 06 Jan, 2025 03:12pm

Business & Finance

ATIR urges FBR to act efficiently in executing tax demands

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) has held that long silence and inaction by Federal Board of...

Published 03 Jan, 2025 07:35am

Business & Finance

Tax reductions can help boost sales: APCMA: Dec domestic cement despatches fall 4.76pc YoY

LAHORE: Referring to a 4.76 percent decline in domestic cement despatches during the month of December 2024, the All...

Published 03 Jan, 2025 07:28am

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Tax on foreign property income: PTBA for larger bench to address ‘conflicting rulings’

KARACHI: The Pakistan Tax Bar Association (PTBA) has called for a larger bench to address conflicting rulings on the...

Updated 03 Jan, 2025 08:53am

Pakistan

PBC urges govt to avoid past mistakes, identifies five risks to Pakistan’s economy

The Pakistan Business Council (PBC), the country’s leading corporate advocacy platform, highlighted five major...

Updated 02 Jan, 2025 06:11pm

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Coercive interpretation of fiscal laws: IHC slaps heavy penalties on FBR officers

ISLAMABAD: The Islamabad High Court (IHC) in a major decision has set a precedent by imposing significant costs on...

Updated 02 Jan, 2025 08:53am

Opinion

Prospects for 2025

The year 2025 will come after a year which has witnessed both positive and negative trends. The GDP growth rate has...

Updated 31 Dec, 2024 07:02am

Business & Finance

PBF demands govt restructure tax machinery

LAHORE: Pakistan Business Forum (PBF) has called on the federal government to restructure the Federal Board of...

Published 31 Dec, 2024 06:32am

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Around Rs148bn shortfall: FBR likely to collect Rs1.225trn this month

ISLAMABAD: The Federal Board of Revenue (FBR) has estimated to collect Rs1,225 billion during December 2024 against...

Updated 31 Dec, 2024 09:15am

Editorials

Move to facilitate overseas Pakistanis

EDITORIAL: In a move purported to be for the benefit of overseas Pakistanis, the FBR has announced the launch of an...

Updated 31 Dec, 2024 06:57am

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RTO Rawalpindi takes actions against tax evasion

RAWALPINDI: The Regional Tax Office (RTO) Rawalpindi, under the direction of Chief Commissioner Inland Revenue (IR)...

Updated 30 Dec, 2024 09:13am

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Aurangzeb for bringing elite class into tax net

FAISALABAD: Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb said on Sunday that the elite...

Updated 30 Dec, 2024 02:42pm

Business & Finance

Dec inflation expected to hold in 4-5pc range: FD

ISLAMABAD: Finance Division while anticipating optimistic outlook for the ongoing fiscal year with inflation to...

Published 28 Dec, 2024 05:59am

Opinion

Fiscal crisis and reset

Pakistan’s fiscal system has long been under immense strain due to the mounting pressure of borrowing and the...

Published 27 Dec, 2024 06:27am