KTBA proposals highlight the issues facing taxpayers KARACHI: The Karachi Tax Bar Association (KTBA) has recently submitted a series of proposals to the Federal Board of... Published 06 Jun, 2023 05:33am
Editorials Missed tax target EDITORIAL: Bad news continues to flow in for the finance ministry as it turns out that FBR (Federal Board of ... Published 03 Jun, 2023 03:52am
Business & Finance Fake, flying invoices: I&I-IR Hyderabad apprehends prominent individual HYDERABAD: In a landmark development, on the instructions of worthy Director General of Directorate Intelligence... Published 27 May, 2023 06:09am
Business & Finance Tax base boost task: RRMC recommends deployment of at least 30pc of FBR workforce ISLAMABAD: The Reforms and Revenue Mobilisation Commission (RRMC) has strongly recommended the Federal Board of... Published 26 May, 2023 06:48am
Print Default fears deepen but Dar exudes optimism Assures business community that focus of upcoming budget (2023-24) would be broadening tax base and document new taxpayers Updated 25 May, 2023 08:55am
Print Wholesale, retail sectors: Govt considering ending multiple withholding taxes ISLAMABAD: The government is considering a recommendation of the Reforms & Revenue Mobilization Commission... Updated 25 May, 2023 08:50am
Business & Finance Field formations can’t deny benefit of exemption to entitled taxpayers LAHORE: Field formations of the Federal Board of Revenue (FBR) cannot deny the benefit of an exemption if the... Published 23 May, 2023 06:14am
Business & Finance ‘No official can override tax exemption by changing opinion’ LAHORE: “No tax official can override tax exemption by changing his opinion under the garb of rectification of... Published 21 May, 2023 04:00am
Opinion Budget, taxes, revival & growth Fiscal consolidation should be as growth-friendly as possible. In general, tax base-broadening reforms are ... Published 19 May, 2023 06:17am
Business & Finance Small tax base, high non-compliance incidence causing massive tax evasion LAHORE: A relatively small tax base and high levels of non-compliance has resulted in massive tax evasion in ... Published 14 May, 2023 03:24am
Business & Finance Experts urge govt to avoid frequent changes in tax laws LAHORE: Tax experts have urged the government to strike a balance between the need to update tax laws and the need ... Published 12 May, 2023 05:59am
Business & Finance Taxpayers urged to make on-time payments PESHAWAR: Chief Commissioner Inland Revenue, Regional Tax Office (RTO) Peshawar, Zafar Iqbal Khan has urged ... Published 08 May, 2023 06:40am
Business & Finance Frequent changes in tax laws leading to wrong assessments LAHORE: Extensive changes in tax laws on yearly basis and at times more than once in a year, lead to wrong... Published 07 May, 2023 03:21am
Business & Finance FTO launches helpline to guide, facilitate taxpayers ISLAMABAD: The Federal Tax Ombudsman (FTO) office on Thursday launched helpline to guide and facilitate the ... Published 05 May, 2023 06:44am
Print Deregistration of deceased persons: FBR to issue new procedure on FTO’s directives ISLAMABAD: On the directions of the Federal Tax Ombudsman (FTO), the Federal Board of Revenue (FBR) will issue a new... Updated 30 Apr, 2023 09:28am
Print RRMC takes stock of economic situation ISLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar on Saturday chaired the meeting of... Updated 30 Apr, 2023 09:21am
Print FBR suffers shortfall of over Rs100bn in April ISLAMABAD: The Federal Board of Revenue (FBR) has suffered a massive shortfall of over Rs 100 billion during the... Updated 29 Apr, 2023 11:48am
Business & Finance LTO Lahore recovers Rs5.25bn from CPPA-G LAHORE: The Large Tax Office (LTO) Lahore has recovered Rs 5.25 billion from Central Power Purchasing Agency... Published 29 Apr, 2023 06:04am
Business & Finance Collection of govt duties, taxes: Banks to stay open on 29th & 30th KARACHI: Bank branches and field offices of SBP Banking Services Corporation (SBP-BSC) will remain open on 29th and... Published 27 Apr, 2023 06:24am
Print Action against errant taxmen: FBR fails to implement FTO’s key recommendation ISLAMABAD: The Federal Board of Revenue (FBR) has failed to implement a key recommendation by the Federal Tax... Updated 26 Apr, 2023 08:45am
Business & Finance PRA’s enforcement wing attracts allegations of dual taxation LAHORE: The enforcement wing of Punjab Revenue Authority (PRA) is accused of raising tax demands on account of... Published 20 Apr, 2023 06:30am
Print Govt fails to implement WB-recommended tax reforms ISLAMABAD: The government has failed to fully implement the World Bank recommended major tax reforms for enhancing... Updated 20 Apr, 2023 08:35am
Business & Finance EU plans to prevent taxpayer cash being used to save failing banks BRUSSELS: The European Union on Tuesday proposed making it harder for states to pour billions of euros of aid into ... Published 19 Apr, 2023 06:36am
Print FTO’s jurisdiction: IHC sets aside President’s order ISLAMABAD: The Islamabad High Court (IHC) has ruled that the President of Pakistan has misapplied the law to... Updated 17 Apr, 2023 08:47am
Business & Finance Punjab meets 74pc of revenue target LAHORE: The Punjab Revenue Authority (PRA) has collected 74% of the assigned target of Rs190 billion by collecting... Published 14 Apr, 2023 05:59am
Print World Bank ties recurrent budget shortfall to low fiscal revenue ISLAMABAD: Persistent low fiscal revenue is one of the drivers of Pakistan’s recurrent budget shortfall, as total... Updated 14 Apr, 2023 12:35pm
Business & Finance Appellate Tribunal Inland Revenue: KTBA concerned over non-appointment of chairman KARACHI: The Karachi Tax Bar Association (KTBA) has expressed concerns over the non-appointment of a new chairman ... Published 13 Apr, 2023 06:37am
Print 155,027 women filers appearing on ‘Active Taxpayers List’: FBR ISLAMABAD: A total of 155,027 women engaged in businesses/women entrepreneurs in Pakistan are filers of income tax... Updated 12 Apr, 2023 08:44am
Business & Finance Tax expert criticises FBR for removing taxpayers’ names from ATL PESHAWAR: A leading tax expert of KP, Muhammad Umair Zeb told Business Recorder on Sunday that Federal Board of... Published 10 Apr, 2023 06:45am
Business & Finance Public complaints, taxpayers’ cases: FTO concerned at FBR’s attitude ISLAMABAD: Federal Tax Ombudsman (FTO) has expressed grave concern over the cold blooded attitude of the Federal... Published 29 Mar, 2023 06:27am