IR CC says issues facing KATI industrialists will be resolved KARACHI: Imtiaz Ali Solangi, Chief Commissioner of Inland Revenue at the Federal Board of Revenue (FBR), assured... Published 03 Feb, 2024 05:46am
Print Returns filed on Jan 01: KTBA urges FBR to include corporate taxpayers in ATL 2024 KARACHI: The Karachi Tax Bar Association (KTBA) has requested the Federal Board of Revenue (FBR) to include... Updated 02 Feb, 2024 09:44am
Business & Finance Dept fails to recover sales tax against obsolete stock LAHORE: The sales tax department failed to recover the sales tax amount from a taxpayer against obsolete stock that... Published 01 Feb, 2024 04:52am
Business & Finance Fraudulent sales tax refunds: FTO urges FBR to take on corrupt officials ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to initiate criminal... Published 29 Jan, 2024 04:37am
Business & Finance LHC asks FBR to amend STA for protecting taxpayers’ rights ISLAMABAD: Lahore High Court (LHC) has directed the Federal Board of Revenue (FBR) to introduce sales tax ... Published 29 Jan, 2024 04:37am
Business & Finance ‘Taxpayers’ rights to be protected always’ PESHAWAR: Advisor Federal Tax Ombudsman Peshawar Sardar Ali Khawaja said that taxpayers are the backbone of the... Published 29 Jan, 2024 04:37am
Business & Finance FBR chairman forms body for redressal of taxpayers’ issues PESHAWAR: On recommendation of the Sarhad Chamber of Commerce and Industry (SCCI), Chairman, Federal Board of ... Published 27 Jan, 2024 06:20am
Print Cabinet to discuss FBR revamp plan today KARACHI: In the cabinet meeting to be held Tuesday (Jan 23), proposals that envisage restructuring and reforms of... Updated 23 Jan, 2024 09:09am
Business & Finance Expert says there’re discrepancies in ATLs’ data ISLAMABAD: There is a significant difference in the number of compliant income taxpayers and sales taxpayers... Published 14 Jan, 2024 03:13am
Print 2023: FTO provides Rs17.74bn relief to taxpayers ISLAMABAD: The Federal Tax Ombudsman (FTO) has provided a relief of Rs17.74 billion to taxpayers in 2023 as compared... Updated 11 Jan, 2024 08:52am
Business & Finance 2022-23: Only 61 complaints filed with FTO ISLAMABAD: Only 61 complaints have been filed by the taxpayers against the Federal Board of Revenue (FBR) during... Published 11 Jan, 2024 06:15am
Print 30pc taxpayers have obtained ST registration to get sales tax refunds fraudulently? ISLAMABAD: Around 30 percent of the total sales tax registered persons (397,000) have obtained sales tax... Updated 10 Jan, 2024 10:12am
Business & Finance Coercive steps against taxpayers: probe ordered ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to investigate all cases... Updated 10 Jan, 2024 09:00am
Business & Finance FATA residents fail to avail WHT exemption deduction by NSC LAHORE: Residents of the erstwhile Federally Administered Tribal Areas (FATA) have failed to avail exemption from... Published 07 Jan, 2024 02:43am
Opinion Withholding tax system: automation The economic topography of nations depends heavily on a robust revenue system, akin to the lifeblood sustaining its... Published 05 Jan, 2024 03:12am
Print ‘Implementation of ATIR’s orders’: President rejects appeal of LTO Islamabad ISLAMABAD: President Arif Alvi has rejected the stance of Large Taxpayer Office (LTO) Islamabad and declared that... Updated 01 Jan, 2024 09:21am
Print Non-filers: FBR to initiate punitive actions next month: chairman ISLAMABAD: Federal Board of Revenue (FBR) Chairman Amjed Zubair Tiwana Saturday said the blocking of mobile phone... Updated 31 Dec, 2023 09:50am
Print Forging ST returns of registered taxpayers: FTO directs FBR to take action against hackers ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to take action against... Updated 30 Dec, 2023 03:14pm
Print Beneficial owners of companies: PTBA urges FBR to extend deadline ISLAMABAD: The Pakistan Tax Bar Association (PTBA) has approached the Federal Board of Revenue (FBR) to extend date... Updated 30 Dec, 2023 10:12am
Print ‘Simultaneous’ probe of same taxpayer: IHC seeks explanation from FBR ISLAMABAD: Islamabad High Court (IHC) has directed the Federal Board of Revenue (FBR) to explain that how different... Updated 28 Dec, 2023 08:53am
Print ‘Notices to deceased persons’: PTBA urges FBR to upgrade its system ISLAMABAD: Pakistan Tax Bar Association of Pakistan (PTBA) has asked Federal Board of Revenue (FBR) to upgrade its... Published 28 Dec, 2023 04:52am
Print Number of active taxpayers reaches 5.3m mark ISLAMABAD: The number of active taxpayers (ATL) has reached 5.3 million as on December 26, 2023. It is learnt that... Updated 27 Dec, 2023 09:53am
Print $400m ‘Pakistan Raises Revenue’ project: World Bank rates implementation progress moderately satisfactory ISLAMABAD: The World Bank has rated the overall implementation progress of Pakistan Raises Revenue project of worth... Updated 26 Dec, 2023 09:11am
Opinion Non-disclosures & underperformance Ever year Federal Board of Revenue (FBR) as Revenue Division of Ministry of Finance (MoF), issues data relating to... Published 22 Dec, 2023 05:22am
Print Vying for public office: PTBA urges ECP to forestall tax non-compliant aspirants KARACHI: Pakistan Income Tax Bar Association (PTBA) has demanded the Election Commission of Pakistan (ECP) to... Updated 19 Dec, 2023 09:34am
Pakistan No coercive step can be taken against taxpayers prior to issuance of notice: LHC LAHORE: The Lahore High Court (LHC) has held that tax authorities cannot take coercive measures against taxpayers... Published 17 Dec, 2023 03:01am
Business & Finance Facilitation at business place: FTO directs FBR not to change jurisdiction of taxpayers ISLAMABAD: The Federal Tax Ombudsman (FTO) Wednesday issued a landmark order on jurisdiction of taxpayers and... Published 14 Dec, 2023 05:24am
Print FBR sets up body to resolve issue of pending refunds ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a committee for the resolution of pending income tax... Updated 14 Dec, 2023 09:55am
Business & Finance Faulty procedure of issuing show-cause notice: Sales tax dept misses tax collection opportunity LAHORE: The sales tax department missed the opportunity for tax collection because of a faulty procedure of issuing ... Published 07 Dec, 2023 04:35am
Editorials Nov economic update: discernable recovery EDITORIAL: The Finance Division as per practice uploaded the Monthly Economic Update and Outlook for November 2023... Published 06 Dec, 2023 04:27am