Taxing smarter, not harder Published 02 May, 2026 06:16am As fiscal pressures mount, equally for the government and the public, the challenge is not just to increase taxes,...
CCP recommends transparent aviation tax regime Published 10 Mar, 2026 08:14am ISLAMABAD: The Competition Commission of Pakistan (CCP) has recommended a predictable, transparent, and...
Sugar import by TCP: Deadline for exemption of duties, taxes extended Published 30 Sep, 2025 05:54am ISLAMABAD: The Federal Board of Revenue (FBR) on Monday extended the date for exemption of duties and taxes on the...
500k MT sugar import: FBR exempts customs duty, reduces sales tax from 18% to 0.25% Updated 09 Jul, 2025 09:58pm ISLAMABAD: The Federal Board of Revenue (FBR) has exempted customs duty on the import of 500,000 metric tons of...
VAT fraud ring broken in Europe, 520m euros seized Published 15 Nov, 2024 06:36am ROME: Investigators have broken up a mafia-linked crime ring carrying out VAT fraud in Europe, issuing around 40...
EFS ends: Exporters now to pay regular income tax: IMF Updated 12 Oct, 2024 09:50pm ISLAMABAD: Exporters will be brought into the regular income tax regime, Exporters Facilitation Scheme terminated,...
Dealings with local consumers: IMF for GST registration of online digital platforms Updated 21 Mar, 2024 08:44am ISLAMABAD: The International Monetary Fund (IMF) has recommended sales tax registration of online digital platforms...
Sri Lanka raises taxes ahead of foreign debt deal Published 01 Jan, 2024 10:49am COLOMBO: Sri Lanka slapped a new 18 percent value added tax (VAT) on fuel, mobile phones and computers from Monday...
Sri Lanka cabinet approves VAT hike to 18% Published 31 Oct, 2023 12:43pm COLOMBO: Sri Lanka’s cabinet approved a hike in Value Added Tax (VAT) up to 18% from the current 15% with effect...
Dubai scraps 30% tax on alcohol sales amid economic rebound Published 02 Jan, 2023 01:08pm DUBAI: Dubai has suspended a tax of 30% on alcohol and dropped a licence fee previously needed to buy alcohol in the...
Sri Lanka says IMF bailout talks in ‘final stage’ Published 31 Aug, 2022 05:50am COLOMBO: Cash-strapped Sri Lanka’s president announced further tax hikes and sweeping reforms on Tuesday, saying...