Illegal STRN case: FTO summons top officials of FBR and PRAL ISLAMABAD: The Federal Tax Ombudsman (FTO) has summoned top officials of the Federal Board of Revenue (FBR) and the... Published 28 Jul, 2021 04:45am
Print Concealment of income declared cognizable offence ISLAMABAD: The Federal Board of Revenue (FBR) has declared concealment of income as a cognizable offence and the... Updated 02 Jul, 2021 08:34am
Business Audit proceedings: Taxpayer or rep not required to appear before IR officers: FBR ISLAMABAD: The Federal Board of Revenue (FBR) has announced that the taxpayer or his authorised representative would... Published 01 Jul, 2021 04:09am
Print Revised procedure for computation of capital gains, tax on sale of shares unveiled FBR amends Income Tax Rules 2002 Capital loss carried forward and new rules notified Updated 26 Jun, 2021 01:07pm
Pakistan Ramzan Sugar Mills challenges notice of FBR for audit LAHORE: Ramzan Sugar Mills owned by Sharif family has challenged a notice of Federal Board of Revenue (FBR) for ... Published 20 Jun, 2021 03:39am
Business & Finance Tax recovery: FTO orders probe against Lahore CTO officials over 'misconduct' ISLAMABAD: The Federal Tax Ombudsman (FTO) has ordered an investigation against Corporate Tax Office, Lahore (CTO)... Published 09 Jun, 2021 03:29am
Pakistan Refund from CTO Lahore: LHC stops FBR from passing order against taxpayer ISLAMABAD: Lahore High Court (LHC) has stopped the Federal Board of Revenue (FBR) from passing an order against a... Published 07 Jun, 2021 03:34am
Business FBR delineates key features of new e-audit system ISLAMABAD: One of the key features of the Federal Board of Revenue’s new e-audit system is that the taxpayer or ... Published 03 Jun, 2021 04:13am
Business Panel advocates: FBR directs field formations to clear payment of bills ISLAMABAD: The Federal Board of Revenue (FBR) Wednesday directed the field formations to immediately clear payment ... Published 27 May, 2021 03:40am
Print Purchases made from persons in Fata, Pata not liable to GST: ATIR ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) has declared that the purchases made from the persons ... Published 12 May, 2021 04:23am
Business Budget proposals: OICCI recommends unified sales tax rate of 13pc KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has submitted comprehensive taxation... Published 01 Apr, 2021 04:10am
Print Tax assessment orders issued against 35 mills ISLAMABAD: The field formations of the Federal Board of Revenue (FBR) have issued assessment orders against 30-35... Published 26 Mar, 2021 05:22am
Markets UK issues 500 million pounds in second sovereign Sukuk sale "Strong investor demand for this Sukuk meant we achieved a good price for the taxpayer and will help us develop our relationships with Islamic economies around the world." Updated 26 Mar, 2021 09:25am
Business FPCCI chief urges FBR to withdraw notices KARACHI: Mian Nasser Hyatt Maggo, President of the Federation of Pakistan Chambers of Commerce and Industry strongly... Published 22 Mar, 2021 04:18am
Print Corporate income tax exemptions: Withdrawal causes Rs10bn revenue impact ISLAMABAD: The withdrawal of corporate income tax exemptions available to the industrial undertakings under section... Updated 12 Mar, 2021 10:07am
Business Tax disputes: FBR constitutes 18 ADRCs ISLAMABAD: The Federal Board of Revenue (FBR) has constituted 18 Alternative Dispute Resolution Committees (ADRCs) ... Published 12 Mar, 2021 05:10am
Print LHC directives: FBR revises functions and powers of DGI&I IR ISLAMABAD: In line with the directives of the Lahore High Court (LHC), the Federal Board of Revenue (FBR) Tuesday... Updated 03 Mar, 2021 09:35am
Print FBR issues new system for electronic IT refunds ISLAMABAD: The Centralized Income Tax Refund Office (CITRO) of the Federal Board of Revenue (FBR) will generate... Published 11 Feb, 2021 04:34am
World VOA, Radio Free Asia get editors back post-Trump but worry about damage WASHINGTON: Voice of America and Radio Free Asia are getting back experienced editors who were shoved aside by ... Updated 27 Jan, 2021 09:49am