‘Federal budget appears to be more politically driven’: HCST&SI HYDERABAD: Muhammad Farooq Shaikhani, President Hyderabad Chamber of Small Traders & Small Industry... Published 14 Jun, 2024 06:31am
Business & Finance New section added to ST Act 1990: Concept of ‘investigative audit’ introduced ISLAMABAD: A major change having far-reaching consequences proposed in the Finance Bill 2024 is the introduction of... Published 13 Jun, 2024 06:22am
Business & Finance Return of income Tax: Prosecution for company failing to furnish info proposed ISLAMABAD: The government has proposed prosecution for any company including banks and association of persons (AOPs)... Published 13 Jun, 2024 06:22am
Business & Finance Glitch in IRIS portal: Taxpayers unable to submit applications KARACHI: A glitch in the IRIS portal has made it impossible for the registered taxpayers to submit applications to... Published 11 Jun, 2024 03:17am
Pakistan IHC refers case to FBR chairman on IRIS system glitches ISLAMABAD: Islamabad High Court (IHC) has referred a case to chairman Federal Board of Revenue (FBR), to address the... Published 10 Jun, 2024 06:52am
Business & Finance Move to defend stance before FTO: Taxpayer’s lawyer declared habitual litigant by CTO ISLAMABAD: The Federal Board of Revenue’s Corporate Tax Office, Islamabad recently adopted an unconventional novel... Published 07 Jun, 2024 06:24am
Business & Finance FBR asked to stop harassing taxpayers by demanding individual CPRs ISLAMABAD: The Federal Tax Ombudsman (FTO) has expressed serious concern that the Federal Board of Revenue (FBR) is... Published 07 Jun, 2024 06:24am
Pakistan Delay in payment of refunds major area of concern for FTO’s office: Jah ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has said the taxpayers are fully confident to obtain ... Published 31 May, 2024 06:58am
Business & Finance FTO issues instructions to FBR: Field formations should not demand individual CPRs from taxpayers ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) that the field formations... Published 29 May, 2024 06:05am
Print Upcoming budget: FBR to issue new rules to process pending refund applications ISLAMABAD: The Federal Board of Revenue (FBR) will issue new rules and regulations in budget 2024-25 to... Updated 28 May, 2024 08:35am
Business & Finance FBR asked to adopt all modes of service of notices to taxpayers ISLAMABAD: The tax advisors have asked the Federal Board of Revenue (FBR) to instruct its field formations to adopt... Published 28 May, 2024 05:30am
Pakistan KMU hosts awareness session on taxpayer rights PESHAWAR: Khyber Medical University (KMU) hosted an awareness session on safeguarding taxpayers’ rights at Dr... Published 27 May, 2024 05:52am
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
Budget 2024-25 updates: Pakistan targets 3.6% growth, 38% higher FBR taxes as Aurangzeb presents proposals
Budget 2024-25 updates: Pakistan targets 3.6% growth, 38% higher FBR taxes as Aurangzeb presents proposals