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
Business & Finance GDs inspections, PCAs: Material violations fall to 7pc from 8pc in 2022-23: World Bank ISLAMABAD: The material violations detected from custom inspection and audits decreased from eight percent in... Updated 06 Dec, 2023 08:42am
Opinion Things seem to be getting better now Not only has the clarity about country’s economic indicators, including an increase in foreign exchange reserves ... Published 05 Dec, 2023 03:01am
Business & Finance FTO asks FBR to review ED regime ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to review whole regime of... Updated 01 Dec, 2023 09:12am
Pakistan FIR registered against ex-CEO DRAP ISLAMABAD: The Federal Investigation Agency (FIA) Islamabad has registered an FIR against ex-CEO Drug Regulatory... Published 24 Nov, 2023 05:29am
Print FBR-Nadra body tasked to broaden tax base ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday constituted a high-level technical committee of National... Updated 24 Nov, 2023 09:18am
Pakistan Directorate of I&I: ‘IOs not following SOPs for issuing call-up notices to money launderers’ LAHORE: The Investigating Officers (IOs) of the Directorate of Intelligence and Investigation (I&I) Inland... Published 23 Nov, 2023 03:19am
Print Non-filers: DTOs authorised to disconnect utility connections ISLAMABAD: The government on Friday established 145 District Tax Offices (DTOs) across the country for bringing 1.5... Updated 18 Nov, 2023 08:48pm
Opinion IMF review & state of economy I expect an agreement on the review to come within this week, so, any day now. I can say that Pakistani authorities,... Updated 17 Nov, 2023 06:31am
Print Wrong computation of tax liability: FTO asks FBR to refund excess income tax to taxpayers ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Jah has directed the Federal Board of Revenue (FBR) to refund the... Updated 15 Nov, 2023 09:50am
Business & Finance PM urged to extend income tax return filing deadline ISLAMABAD: Tax advisers and tax experts have filed an appeal with the caretaker Prime Minister, Anwar-ul-Haq Kakar,... Published 11 Nov, 2023 06:30am
Print Tax experts explain how FBR implements orders issued by courts ISLAMABAD: Tax experts have alleged that the Federal Board of Revenue (FBR) implements court orders in favour of the... Updated 07 Nov, 2023 09:18am
Print Sections 111, 122 of Income Tax Ordinance: FBR cannot issue combined notice to taxpayer: IHC ISLAMABAD: Islamabad High Court (IHC) has ruled that the Federal Board of Revenue (FBR) cannot issue a combined... Updated 04 Nov, 2023 09:23am
Print Shamshad urged to extend tax returns filing deadline ISLAMABAD: Tax practitioners, tax advisers, chartered accountants and tax experts have requested caretaker Finance... Updated 02 Nov, 2023 10:01am
Pakistan Jan-Oct 2023: FTO disposes of 6,703 cases ISLAMABAD: The Federal Tax Ombudsman (FTO) has disposed of 6,703 cases of taxpayers filed against the Federal Board... Published 01 Nov, 2023 05:57am
Business & Finance Recovery under Section 7E: No coercive steps against taxpayers subject to 50pc payment: SHC ISLAMABAD: The Sindh High Court (SHC) has issued a restraining order for not taking any coercive measure against... Published 31 Oct, 2023 05:26am
Print Salaried individuals: No proposal to change current exemption threshold: FBR ISLAMABAD: The Federal Board of Revenue (FBR), Wednesday, informed the Senate Standing Committee on Finance that no... Updated 26 Oct, 2023 09:49am
Business & Finance ‘Tax authorities have failed to issue supplementary show-cause notice’ LAHORE: Tax authorities allegedly fail to issue supplementary show-cause notice in case taxpayers raise new factual... Published 26 Oct, 2023 06:08am
Print Removal of anomalies in valuation tables: FTO directs FBR to activate ‘DGIP’ ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to immediately activate... Updated 25 Oct, 2023 09:22am
Editorials SBP report is perhaps a little wanting in charm EDITORIAL: The State Bank of Pakistan’s (SBP’s) annual report 2022-23 uploaded on its website on Monday, ... Published 25 Oct, 2023 06:19am
Print Recovery of CVT under Finance Act 2022: Taxmen’s orders are without jurisdiction: former FBR chief ISLAMABAD: All the orders passed by the taxation officers/Inland Revenue officers for the recovery of Capital Value... Updated 24 Oct, 2023 09:38am
Print FTO summons FBR officials for ignoring tax-related queries Islamabad: The Federal Tax Ombudsman (FTO) has summoned Member Inland Revenue (Operations) Federal Board of Revenue... Updated 23 Oct, 2023 09:03am
Print FBR, Nadra agree to exchange taxpayers’ data ISLAMABAD: The Federal Board of Revenue (FBR) and the National Database and Registration Authority (Nadra) have... Updated 20 Oct, 2023 09:02am
Print ERS or STARR system: Taxpayers allowed to file non-export-related GST refunds ISLAMABAD: The Federal Board of Revenue (FBR) has allowed taxpayers to file non-export-related sales tax refunds,... Updated 19 Oct, 2023 09:36am
Business & Finance LTO Islamabad directs banks to attach USC accounts ISLAMABAD: Large Taxpayer Office (LTO) Islamabad has directed banks to attach bank accounts of the Utility Stores... Published 18 Oct, 2023 06:09am
Print Taxpayers’ queries: FTO concerned at FBR Member’s lack of response ISLAMABAD: Federal Tax Ombudsman (FTO) has regretted that the Federal Board of Revenue (FBR) Member Legal has wasted... Updated 17 Oct, 2023 08:29am
Print I&I-IR detects illegal adjustments of Rs70bn input tax ISLAMABAD: The Directorate General Intelligence and Investigation Inland Revenue (I&I-IR)’s national... Updated 15 Oct, 2023 09:37am
Editorials Sheer blackmail EDITORIAL: With revenue-specific conditions of the IMF programme necessitating a progressive revision of the tax... Published 14 Oct, 2023 05:32am
Business & Finance Money laundering: ‘Taxpayers prefer to challenge jurisdiction of income tax department’ LAHORE: Taxpayers involved in money laundering prefer to challenge the jurisdiction of the income tax department... Published 14 Oct, 2023 05:32am
Print FBR to field DTOs to identify new taxpayers ISLAMABAD: The Federal Board of Revenue (FBR) plans to depute District Taxation Officers Inland Revenue across... Updated 09 Oct, 2023 09:44am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn