Print Art/music students: FTO directs FBR not to charge 20-40pc WHT on honoraria ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to stop Punjab Council of... Updated 19 May, 2024 09:31am
Pakistan Violation of SC orders: FTO orders probe against CTO Islamabad officials ISLAMABAD: The Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has ordered an investigation against the Federal ... Published 18 May, 2024 05:45am
Business & Finance Blocking SIM cards of non-filers: JWG constituted to streamline process ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a Joint Working Group (JWG) of tax officials and... Updated 18 May, 2024 08:41am
Print Track-and-Trace programme: Bureaucratic hurdles put huge FDI at stake ISLAMABAD: The bureaucratic hurdles created by the Federal Board of Revenue (FBR) have put foreign direct investment... Updated 18 May, 2024 03:49pm
Business & Finance Audit report for FY23 tax period: AGP objects to FBR’s increased reliance on WHTs ISLAMABAD: The Auditor General of Pakistan (AGP) has strongly objected that the Federal Board of Revenue (FBR) has... Published 17 May, 2024 05:50am
Print Immovable properties: Hike in advance tax on purchase likely Taxation on real estate discussed during ongoing meetings between FBR and IMF Updated 17 May, 2024 11:39am
Print Non-filers: FBR proposes WHT raise on cash withdrawal from banks ISLAMABAD: The Federal Board of Revenue (FBR) has proposed to raise withholding tax on cash withdrawal from the... Updated 16 May, 2024 11:50am
Print Juices, cigarettes prime focus: Govt plans to rationalise FED regime in budget ISLAMABAD: The government is planning to rationalise Federal Excise Duty (FED) regime in the coming budget with... Updated 16 May, 2024 09:26am
Business & Finance Illicit cigarettes supply chain: FBR to focus on enforcement at all stages ISLAMABAD: The Federal Board of Revenue (FBR) will now focus on enforcement at all stages of the illicit supply ... Published 16 May, 2024 06:28am
Business & Finance Import of black tea: Govt decides to revise structure of duties, taxes ISLAMABAD: The government has decided to revise duties and taxes structure on the import of black tea in coming... Published 16 May, 2024 06:28am
Pakistan Stemming smuggling, transit trade misuse: Changes in customs laws on the anvil: Aurangzeb ISLAMABAD: Finance Minister Muhammad Aurangzeb, Tuesday, conveyed to the Pakistan Business Council (PBC) that major... Published 15 May, 2024 05:47am
Print FBR proposes Rs1.3trn new taxation measures Chalks out plan including additional taxes, withdrawal of exemptions and zero-ratings and taxation of real estate/retail sectors Updated 15 May, 2024 10:44am
Pakistan Reserved appeals/applications: ATIR chairman directs judicial members to write judgments ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) chairman has directed judicial members, whose tenure will... Published 15 May, 2024 05:47am
Print Telcos assure Aurangzeb: 5,000 SIM cards of non-filers will be blocked daily ISLAMABAD: The telecom companies have given assurance to Finance Minister Muhammad Aurangzeb that the mobile phone... Updated 14 May, 2024 09:36am
Business & Finance Enactment of Tax Laws (Amendment) Act, 2024: ATIR members raise serious questions over benches’ legitimacy ISLAMABAD: Judicial members of the Appellate Tribunal (Inland Revenue) have apprehended that Tax Laws (Amendment)... Published 14 May, 2024 05:18am
Business & Finance IMF briefed about tax gap, revenue collection position ISLAMABAD: The Federal Board of Revenue (FBR) Monday briefed the International Monetary Fund (IMF) on the existing... 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
Print Supplies by importers: Reduced rate of 1-4pc for purpose of tax withholding likely ISLAMABAD: The government is planning to introduce a reduced rate of 1-4 percent for the purpose of tax withholding... Updated 12 May, 2024 01:30pm
Print PM forms body to address issues hindering implementation of ‘Tajir Dost Scheme’ ISLAMABAD: Prime Minister Shehbaz Sharif has constituted a committee comprising chairman Federal Board of Revenue... Updated 12 May, 2024 10:27pm
Print IMF for taking agreed contingency revenue measures ISLAMABAD: The International Monetary Fund (IMF) has urged the Pakistani authorities to take agreed contingency... Updated 11 May, 2024 08:10pm