IHC refers case to FBR chairman on IRIS system glitches ISLAMABAD: Islamabad High Court (IHC) has referred a case to chairman Federal Board of Revenue (FBR), to address the... Published 10 Jun, 2024 06:52am
Business & Finance MCCI chief opposes Tajir Dost Scheme PESHAWAR: Provincial General Secretary of the central traders’ organisation and the President of the Mardan ... Published 10 Jun, 2024 06:52am
Opinion Give SMEs a chance The turnover tax regime in Pakistan poses significant challenges for small and medium enterprises (SMEs), placing... Published 07 Jun, 2024 06:24am
Print WHT on cash withdrawals: PM rejects another key revenue step of FBR ISLAMABAD: Prime Minister Shehbaz Sharif has rejected another key revenue measure of the Federal Board of Revenue... Updated 07 Jun, 2024 12:54pm
Print Import concessions: FBR unveils updated list of 222 locally-made goods ISLAMABAD: The Federal Board of Revenue (FBR) Thursday issued an updated list of 222 locally-manufactured goods for... Updated 07 Jun, 2024 08:42am
Editorials The pressing need for tax reforms EDITORIAL: That Pakistan’s moribund tax structure is in urgent need of a comprehensive overhaul is a reality that... Published 07 Jun, 2024 06:24am
Business & Finance FBR asked to review banks’ withholding regime ISLAMABAD: The Federal Tax Ombudsman (FTO) has recommended the Federal Board of Revenue (FBR) to review regulatory... Published 05 Jun, 2024 06:25am
Print Super tax cannot be imposed retrospectively: LHC ISLAMABAD: Lahore High Court (LHC) Tuesday held that super tax under Section 4C (Super tax on high-earning persons)... Updated 05 Jun, 2024 02:11pm
BR Research CPI: a surprise reading – but will it hold? Over the past two years, rising inflation shattered records and surpassed analysts’ expectations. However, a... Published 04 Jun, 2024 09:01am
Print Contractual obligations, rollovers, loans: PM’s China visit aims at getting a breathing space Sources say PM hopes to secure Chinese cooperation in agriculture, information technology, energy, and alternative energy under CPEC Updated 04 Jun, 2024 09:41am
Business & Finance FBR digitisation: Aurangzeb calls for utilisation of PRAL, REMIT data Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has called for using data from PRAL (Pakistan... Published 03 Jun, 2024 03:23pm
Print Tax relief on humanitarian donations, gifts: Revenue Division directed to process law amendments ISLAMABAD: The Federal Cabinet has directed the Revenue Division to process amendments to law/rules to ensure... Updated 30 May, 2024 09:28am
Print FBR’s e-portal has no direct linkage with govt’s withholding agent ISLAMABAD: The Federal Board of Revenue’s automated database (FBR’s e-portal) has no direct electronic linkage with... Updated 29 May, 2024 09:20am
Business & Finance Experts suggest 40pc raise in tobacco taxes ISLAMABAD: Health experts have strongly proposed the Federal Board of Revenue (FBR) to raise taxes on all kinds of... Published 29 May, 2024 06:05am
Opinion Budget 2024-25: expectations A budget is not merely a document of aggregated information on revenues, capital, and external receipts and on the... Published 28 May, 2024 05:30am
Print Farmers propose ‘fixed tax regime’ for agri sector Demand government to ensure a dedicated track and trace system to bring the retailers, and businesses from the informal sectors with progressive taxes into the tax net Updated 28 May, 2024 09:26am
Print Upcoming budget: FBR to issue new rules to process pending refund applications ISLAMABAD: The Federal Board of Revenue (FBR) will issue new rules and regulations in budget 2024-25 to... Updated 28 May, 2024 08:35am
Business & Finance Real estate sector: Property dealers oppose further taxation LAHORE: Reacting to the hint dropped by the government that it may levy more taxes on the real estate sector on the... Published 27 May, 2024 05:52am
Print 18,371 shopkeepers enrolled under Tajir Dost Scheme ISLAMABAD: A total of 18,371 shopkeepers/retailers have been registered under the Tajir Dost scheme. According to... Updated 27 May, 2024 08:48am
Business & Finance PRA to bring unregistered architect firms into tax net LAHORE: The Punjab Revenue Authority (PRA) has launched an initiative to bring unregistered architect firms in ... Published 25 May, 2024 05:55am
Pakistan KP CM against tax on ‘naswar’ PESHAWAR: Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur Friday opposed taxing Naswar in the upcoming budget of... Published 25 May, 2024 05:32am
Business & Finance High tobacco taxes strengthen illegal market: study ISLAMABAD: The government’s dramatic increase in cigarette taxes has unexpectedly catalyzed a booming illegal... Published 24 May, 2024 06:25am
Print Many zero-rated items: FBR proposes standard rate of 18pc sales tax ISLAMABAD: The Federal Board of Revenue (FBR) has proposed a standard rate of 18 percent sales tax on a wide range... Updated 24 May, 2024 11:29pm
Opinion Budgets 2024: thinking afresh “Simplify taxes, reduce the cost of excessive documentation, open the economy for higher growth and employment,... Updated 24 May, 2024 05:49am
Print No super tax payable on income falling under FTR: Karachi ATIR ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR), Karachi, has declared that no super tax is payable on... Updated 23 May, 2024 08:45am
Print Aurangzeb tells PRBC team: FBR digitalisation to broaden tax net ISLAMABAD: Finance Minister Muhammad Aurangzeb Tuesday informed Pakistan Retail Business Council (PRBC) that... Updated 22 May, 2024 09:27am
Business & Finance PBF for simplification of tax system KARACHI: Pakistan Business Forum (PBF) has recommended the federal government to simplify the tax system to reduce... Published 22 May, 2024 05:54am
BR Research Interview with Ali Majid - General Manager, LONGi Pakistan Branch ‘LONGi's market share in Pakistan has been the highest among other players’ Ali Majid is a seasoned marketing... Published 20 May, 2024 08:39am
Pakistan Erstwhile Pata, Fata: PPP vows to resist levy of taxes PESHAWAR: Pakistan Peoples Party (PPP) has announced to resist the levy of taxes to the erstwhile Pata and Fata and... Published 20 May, 2024 05:44am
Opinion Need for a balanced revenue-sharing framework One of the key demands of the IMF is to increase the tax-to-GDP ratio to 13-14 percent by the end of the upcoming... Updated 20 May, 2024 06:21am
