Trends - taxpayers - Business Recorder

Business & Finance

Tax officer rejects refund claims against commission paid outside Fata

LAHORE: A taxation officer has rejected refund claims against the commission paid to taxpayers for the sale of...

Published 25 May, 2024 06:33am

Print

11,252 SIM cards of non-filers blocked so far

ISLAMABAD: The Federal Board of Revenue (FBR) has so far blocked 11,252 SIMs of non-filers of income tax returns....

Updated 24 May, 2024 09:17am

Print

FBR to issue uniform tax recovery rules in budget

ISLAMABAD: The Federal Board of Revenue (FBR) will issue uniform sales tax, income tax and federal excise recovery...

Updated 23 May, 2024 09:16am

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

Business & Finance

KPRA continues crackdown on non-compliant taxpayers

PESHAWAR: To improve tax compliance and discourage tax evasion, the Khyber Pakhtunkhwa Revenue Authority (KPRA)...

Published 20 May, 2024 05:44am

Business & Finance

Taxpaying traders & industrialists should be respected: LCCI

LAHORE: President of the Lahore Chamber of Commerce and Industry, Kashif Anwar, emphasized that the taxpayer traders...

Published 17 May, 2024 05:50am

Print

Blocking SIM cards of non-filers: IHC stays govt decision

ISLAMABAD: The Islamabad High Court (IHC) on Tuesday stayed the Federal Board of Revenue’s (FBR’s) decision to block...

Updated 15 May, 2024 09:18am

Business & Finance

Filing of reference before high court: Mandatory payment of 30pc may be withdrawn: PTBA

KARACHI: Pakistan Tax Bar Association (PTBA) has urged the ministry of law and justice to withdraw the mandatory...

Published 15 May, 2024 05:47am

Editorials

New economic order or the same old one?

EDITORIAL: Federal Finance Minister Muhammad Aurangzeb during his speech at a seminar organised jointly by the...

Published 14 May, 2024 05:18am

Business & Finance

PCJCCI holds awareness session about role & functions of FTO

LAHORE: Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) organized an awareness session for ...

Published 14 May, 2024 05:18am

Print

Blocking SIM cards of non-filers: LTO Islamabad to assist FBR

ISLAMABAD: Large Taxpayer Office (LTO) Islamabad would fully assist the Federal Board of Revenue (FBR) to enforce...

Updated 13 May, 2024 09:26am

Business & Finance

Tribunal sets aside orders of OIR for not following directions of Commissioner-IR Appeals

LAHORE: An Income Tax Tribunal has set-aside the orders of an Officer Inland Revenue (OIR) for not following the...

Published 12 May, 2024 03:09am

Business & Finance

Tajir Dost Scheme: First phase limited to only registration: FBR

PESHAWAR: Chief Commissioner Inland Revenue, Regional Tax Office (RTO) Peshawar, Zafar Iqbal Khan has said that the...

Published 10 May, 2024 04:17am

Business & Finance

Seeking stay from court against recovery: 30pc of disputed tax will be deposited with FBR under new Act

ISLAMABAD: Taxpayers have to deposit 30 percent of the determined tax with the Federal Board of Revenue (FBR) in...

Published 09 May, 2024 03:11am

Print

Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees

ISLAMABAD: The Federal Board of Revenue (FBR) has directed Inland Revenue (IR) field formations to recover sales...

Updated 08 May, 2024 08:51am

Business & Finance

‘No new laws should be made for existing taxpayers’: LCCI

LAHORE: President of the Lahore Chamber of Commerce and Industry (LCCI) Kashif Anwar has said that no new laws ...

Published 07 May, 2024 06:27am

Editorials

State of the economy

EDITORIAL: The April Monthly Economic Update and Outlook uploaded on the Finance Division website begins on a...

Published 07 May, 2024 06:05am

Pakistan

Minister for increasing resources to serve people better

LAHORE: Punjab Finance Minister Mujtaba Shuja-ur-Rehman emphasised the necessity of increasing the provincial...

Published 03 May, 2024 06:29am

Business & Finance

Fair market value of subsidiary firms shares: No increase in tax in presence of income from business

LAHORE: The tax department could not increase tax in the notional fair market value of the subsidiary company/s...

Published 26 Apr, 2024 04:15am

Print

PM suspends CCIR for ‘deliberate delay in tax cases’

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday suspended Chief Commissioner-Inland Revenue (IR), Large...

Updated 24 Apr, 2024 09:25am

Print

Non-exporters: FBR issuing urgent alert to check misuse of CNICs/NTNs

ISLAMABAD: The Federal Board of Revenue (FBR) is issuing an urgent alert to the Customs field formations to check...

Updated 23 Apr, 2024 08:54am

Opinion

Deemed income tax on ownership of vacant plot of land incorrect—V

All the arguments and contentions made by the Sindh High Court in the aforesaid order which have been emphasised are...

Published 17 Apr, 2024 05:28am

BR Research

Favoured or just lucky?

When it comes to savings, the public sector loves to stick to their own kind. According to a review of annual...

Published 09 Apr, 2024 08:34am

Business & Finance

SRO 350/(I)/2024: PTBA says concerned at non-consideration of ‘fundamentals’

KARACHI: Pakistan Tax Bar Association (PTBA) has expressed its concern over non-consideration of fundamentals in the...

Published 07 Apr, 2024 03:01am

Print

Excellence Award: FBR announces privileges, concessions for top taxpayers

ISLAMABAD: The Federal Board of Revenue (FBR) has announced privileges/concessions for the top taxpayers, who...

Updated 05 Apr, 2024 09:57am

Business & Finance

FTO takes notice of illegal recovery by FBR

ISLAMABAD: The Federal Tax Ombudsman (FTO) has taken notice of an illegal tax recovery by the Federal Board of...

Published 05 Apr, 2024 04:50am

Print

Top taxpayers: Pakistan Honour Card Scheme to be announced

ISLAMABAD: The Federal Board of Revenue (FBR) will announce the “Pakistan Honour Card Scheme” for the top taxpayers...

Updated 02 Apr, 2024 09:42am

Print

Refund of coercively/illegally recovered amount: Taxpayers are not obliged to follow procedural requirements: IHC

ISLAMABAD: Islamabad High Court (IHC) has declared that the taxpayers are not obliged to follow procedural...

Updated 01 Apr, 2024 09:48am

Print

PM gives away excellence awards: Award-winning taxpayers to get ‘blue passport’, ‘honour card’

ISLAMABAD: Prime Minister Shehbaz Sharif has announced to give blue passports and honour cards to the award-winning...

Updated 27 Mar, 2024 08:47am

Business & Finance

Siddiqsons Group chairman receives 4th ‘highest taxpayer award’

KARACHI: Prime Minister Shehbaz Sharif presented awards to 65 leading exporters and compliant taxpayers in a ...

Published 27 Mar, 2024 04:38am