Business community for simplifying tax system, broadening of tax base PESHAWAR: Traders community in Khyber Pakhtunkhwa demanded the government and Federal Board of Revenue (FBR) to take... Published 17 Dec, 2022 05:58am
Business & Finance FBR field formations accused of creating fake demands against taxpayers LAHORE: Field formations of the Federal Board of Revenue (FBR) are involved in creating fake demands against... Published 16 Dec, 2022 05:58am
Print Matters adjudicated by courts: FBR maintains no data bank LAHORE: The Federal Board of Revenue (FBR) has maintained no data bank of tax matters adjudicated upon in the courts... Updated 10 Dec, 2022 10:00am
Print Commission set up to help govt mobilise resources ISLAMABAD: Finance Minister Ishaq Dar has constituted an 11-member Reforms and Resource Mobilization Commission... Published 02 Dec, 2022 06:45am
Business & Finance First five months of FY22-23: Punjab govt registers over 30pc revenue growth LAHORE: The Punjab government has registered over 30% revenue growth during first five months of the financial year... Published 02 Dec, 2022 05:47am
Print Deemed income on capital assets: Taxpayers required to file new form separately ISLAMABAD: All taxpayers who have furnished their annual Income Tax Returns and wealth statements before the... Updated 02 Dec, 2022 09:49am
Business & Finance Steps to boost coordination among provinces: World Bank notes slow progress on exchange of taxpayers’ data with FBR ISLAMABAD: The World Bank has noted slow progress in measures to strengthen provincial coordination on exchange of... Published 29 Nov, 2022 05:57am
Print Tax reforms recommendations to FBR: Supertax has successful large businesses: PBC ISLAMABAD: The Pakistan Business Council (PBC) has observed that the supertax has penalised successful large... Updated 27 Nov, 2022 09:41am
Print Taxation of rental income from properties held in UAE: Islamabad, Lahore ATIRs issue ‘opposite’ judgments ISLAMABAD: Appellate Tribunal Inland Revenue, Islamabad and the Appellate Tribunal Inland Revenue, Lahore have... Updated 25 Nov, 2022 09:57am
Print FBR concedes collecting significant amount of revenue thru power bills ISLAMABAD: The Federal Board of Revenue (FBR) has conceded before a parliamentary panel of collecting a significant... Updated 24 Nov, 2022 09:45am
Business & Finance Officers who access IT returns can be identified easily: FBR can check all its past logs ISLAMABAD: The Federal Board of Revenue (FBR) is equipped with a system to check past logs for identifying all tax... Published 22 Nov, 2022 03:23am
Business & Finance Gap between the haves and the have-nots creates distortions: FCCI FAISALABAD: Dr. Khurram Tariq President Faisalabad Chamber of Commerce & Industry (FCCI) has welcomed the court... Published 21 Nov, 2022 07:13am
Print IT, ST, FED: FBR plans ballot to select cases for audit ISLAMABAD: The Federal Board of Revenue (FBR) is planning to conduct computerised balloting for selecting the cases... Updated 21 Nov, 2022 12:29pm
Print Determined IT refund: Scam involving tax officials unearthed ISLAMABAD: Federal Tax Ombudsman Dr Asif Mahmood Jah has unearthed a unique kind of scam involving tax officials, ... Updated 21 Nov, 2022 09:35am
Business & Finance RTO Lahore receives 477,000 IT returns worth Rs4bn LAHORE: The Regional Tax Office (RTO) Lahore has received 477,000 income tax returns till date with revenue worth ... Published 18 Nov, 2022 05:53am
Pakistan FTO disposes of 5000 tax complaints in 10 months LAHORE: As many as 5000 tax complaints have been disposed of by the office of Federal Tax Ombudsman (FTO) during the... Published 11 Nov, 2022 05:54am
Print The place of supply rules: NTC fully endorses viewpoint of provinces ISLAMABAD: The National Tax Council (NTC), Monday, fully endorsed the viewpoint of provinces over the common rules... Updated 08 Nov, 2022 09:37am
Print Tax evasion: FBR lacks capacity to analyze big data: World Bank ISLAMABAD: The Federal Board of Revenue (FBR) lacks the capacity to analyze big data to detect tax evasion and also... Updated 08 Nov, 2022 09:45am
Business & Finance Registration of potential taxpayers, HNWIs: FBR revives Directorate General of BTB ISLAMABAD: The Federal Board of Revenue (FBR) has revived the Directorate General of Broadening the Tax-Base Unit... Published 05 Nov, 2022 06:24am
Business & Finance Persons not appearing on ATL: Commissioners told to enforce collection of higher rates of WHT by banks ISLAMABAD: The Federal Board of Revenue (FBR) Chairman Asim Ahmad Friday directed Chief Commissioners Inland Revenue... Updated 05 Nov, 2022 11:31am
Business & Finance Income tax return deadline extended till Nov 30 ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs 512 billion in October 2022 against the... Updated 01 Nov, 2022 10:47am
Print Status change from FTR to MTR: AGP asks FBR to recover about Rs2bn taxes ISLAMABAD: The Auditor General of Pakistan (AGP) has strongly recommended the Federal Board of Revenue (FBR) to... Updated 31 Oct, 2022 10:28am
Print PTBA urges FBR to remove bottlenecks ISLAMABAD: Pakistan Tax Bar Association (PTBA) has raised serious issues in the filing of income tax return for tax... Updated 29 Oct, 2022 09:43am
Business & Finance KTBA says IT return form needs corrections KARACHI: Karachi Tax Bar Association (KTBA) has termed the income tax return form incomplete, which needs several... Published 28 Oct, 2022 07:01am
Business & Finance Clients, taxpayers: FBR to ensure extra security for data protection ISLAMABAD: The Federal Board of Revenue (FBR) will ensure extra security for data protection of the FBR’s clients... Published 28 Oct, 2022 06:50am
Pakistan JI accuses Sindh govt of committing corruption in roads carpeting KARACHI: Chief of Karachi chapter of the Jamaat-e-Islami (JI) Engr Hafiz Naeemur Rehman lambasted the PPP government... Published 26 Oct, 2022 05:52am
Business & Finance Failure to issue tax relief orders: FTO unearths hundreds of cases involving LTOs and RTOs ISLAMABAD: The Federal Tax Ombudsman (FTO) has unearthed hundreds of cases involving Large Tax Offices (LTOs) and... Updated 22 Oct, 2022 11:57am
Business & Finance Dar urged to extend return filing deadline ISLAMABAD: Finance Minister Ishaq Dar has been requested to extend the last date for filing of tax returns till 30th... Published 21 Oct, 2022 07:23am
Print Transfer of jurisdiction caused hardship to taxpayers: FTO ISLAMABAD: Federal Tax Ombudsman (FTO) has conveyed to the Federal Board of Revenue (FBR) that the transfer of... Updated 17 Oct, 2022 09:58am
Print Tax on immovable properties: FBR prescribes relevant form for taxpayers ISLAMABAD: The Federal Board of Revenue (FBR) has prescribed the relevant form for taxpayers with regard to payment... Updated 05 Oct, 2022 09:55am