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Business & Finance Filing of reference before high court: Mandatory payment of 30pc may be withdrawn: PTBA KARACHI: Pakistan Tax Bar Association (PTBA) has urged the ministry of law and justice to withdraw the mandatory...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
Business & Finance Forex dealers, ECs, others: e-integration with FBR made mandatory ISLAMABAD: The Federal Board of Revenue (FBR) has made it mandatory for foreign exchange dealers/exchange companies,... Updated 23 Mar, 2024 02:52pm
Business & Finance Tax system digitalisation: PTBA says concerned at certain provisions of new SRO KARACHI: The Pakistan Tax Bar Association (PTBA) has raised concerns over certain provisions of the recently issued... Updated 23 Mar, 2024 09:00am
Pakistan Cable manufacturer challenges ‘automatic selection’ of case LAHORE: A cable manufacturer has challenged automatic selection of his case for audit, saying that the audit... Published 22 Mar, 2024 04:57am
Print Non-submission of comments: PHC attaches salary of FBR chief? ISLAMABAD: The Peshawar High Court (PHC) has attached the salary of the chairman of the Federal Board of Revenue... Updated 20 Mar, 2024 08:46am
