Local tyre industry asks govt to address smuggling issue LAHORE: Local tyre industry has appealed to the government to address smuggling and low Import Trade Price (ITP)... Published 03 May, 2024 06:29am
Business & Finance LCCI, FTO hold awareness session on Role of FTO LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) in collaboration with Federal Tax Ombudsman (FTO)... Published 03 May, 2024 06:29am
Business & Finance More tax generation: CAP seeks adoption of digital payments in retail sector LAHORE: The Chainstore Association of Pakistan (CAP) has called on authorities to prioritize the adoption of digital... Published 03 May, 2024 06:29am
Business & Finance Admin Pool of FBR: PCS, IRS concerned over placement of senior-most officers ISLAMABAD: Pakistan Customs Service (PCS) and Inland Revenue Service (IRS) conveyed their concerns to the tax... Updated 02 May, 2024 05:22am
Print FBR attaches benami property allocated for construction of mall ISLAMABAD: The FBR Anti-Benami Zone-I, Islamabad, has provisionally attached a suspected benami property allocated... Updated 02 May, 2024 09:22am
Print Naeem Mir CC of ‘Tajir Dost Scheme’ ISLAMABAD: After a lukewarm response to Tajir Dost Scheme till April 30, the Federal Board of Revenue (FBR) has... Updated 02 May, 2024 09:23am
Business & Finance KCCI appreciates pro-traders decisions of PM KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh has appreciated the Prime... Published 01 May, 2024 04:14am
Print Growing pressure on expenditures: Higher mark-up payments behind challenge: MoF Total expenditures during July-February 2024 remained under pressure due to higher mark-up payments Updated 01 May, 2024 04:36pm
Print Bringing developers, builders into tax net: FBR fails to achieve desired results It is learnt that the FBR is expected to issue increased values of immovable properties from July 1, 2024 Updated 01 May, 2024 03:24pm
Print 9MFY24: Fiscal deficit recorded at Rs3.902trn ISLAMABAD: Fiscal deficit has been recorded at 3.7 percent (Rs3,902.416 billion) of the GDP during the first nine... Updated 01 May, 2024 09:20am
Print Petrol price slashed by Rs5.45, diesel’s by Rs8.42 ISLAMABAD: The federal government announced a significant reduction in petroleum product prices, up to Rs 8.74 per... Updated 01 May, 2024 09:13am
Print FBR issues list to PTA: SIMs of 506,671 IT non-filers to be blocked ISLAMABAD: The Federal Board of Revenue (FBR) has issued a list of 506,671 non-filers of income tax returns whose... Updated 01 May, 2024 09:42am
Print ‘BCA’ on the cards to battle against smuggling ISLAMABAD: The federal government is likely to establish “Border Control Authority (BCA)” for provision of an... Updated 01 May, 2024 09:39pm
Business & Finance Finance Bill 2024: Policy Cell to compile IR budget proposals ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a Policy Cell for compilation of Inland Revenue budget... Published 01 May, 2024 04:14am
Business & Finance Rs53bn short of target: Provisional collection stands at Rs654bn in April: FBR ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs654 billion in April 2024 against the... Published 01 May, 2024 04:14am
Print Budget preparation exercise to begin in first week of May ISLAMABAD: The budget preparation exercise for the FY 2024-25 will be started from the first week of May 2024 at the... Updated 30 Apr, 2024 08:43am
Business & Finance Tax Laws (Amendment) Bill: Treasury Senator assails federal govt ISLAMABAD: The federal government, Monday, came under sharp criticism in Senate from a treasury senator for... Published 30 Apr, 2024 03:43am
Print Appointment of ATIR members: No procedure prescribed as per rules: IHC ISLAMABAD: The Islamabad High Court (IHC) observed that no procedure has been prescribed for appointment of members... Updated 29 Apr, 2024 09:22am
Print Delay in TTS: MoF tasked to identify the black sheep ISLAMABAD: Prime Minister has given an important task to the Secretary Ministry of Finance to identify whether tax... Updated 29 Apr, 2024 09:21am
Pakistan AEOI: OECD team undertakes onsite assessment ISLAMABAD: An assessment team of the Organization of Economic Cooperation and Development (OECD) Global Forum on... Published 27 Apr, 2024 05:03am
Print Major shuffle in FBR ahead of budget preparation exercise ISLAMABAD: In a major reshuffling before budget preparation exercise for 2024-25, the Federal Board of Revenue (FBR)... Updated 27 Apr, 2024 09:02am
Print Proposal advocating FBR digitalisation approved ISLAMABAD: A meeting of Steering Committee has approved the top proposal from McKinsey and Company, a globally... Updated 27 Apr, 2024 02:24pm
Print President’s orders: FTO directs FBR to withdraw its petitions in high courts ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to withdraw all writ... Updated 27 Apr, 2024 09:19am
Print Sindh to publish names of tax evaders KARACHI: Sindh government has decided to clamp down on tax evaders and drug dealers, and to publish the names of tax... Updated 27 Apr, 2024 08:58am
Business & Finance Upcoming budget: KATI chief for inclusion of agri sector in tax net KARACHI: President of the Korangi Association of Trade and Industry (KATI), Johar Qandhari, has called for the... Published 27 Apr, 2024 05:03am
Business & Finance FBR notifies transfers of 12 key officers to Admin Pool The Federal Board of Revenue (FBR) has notified transfers of 12 officers of the Inland Revenue Service and Pakistan... Published 26 Apr, 2024 10:48pm
Pakistan RTO Rawalpindi destroys huge quantity of non-duty paid cigarettes RAWALPINDI: Regional Tax Office (RTO) Rawalpindi, carried out destruction of massive quantity of illicit/smuggled... Published 26 Apr, 2024 04:15am
Print Tax law amendment bill to prove another piece of ineffective legislation? ISLAMABAD: On the face of it, The Tax Law Amendment Bill, 2024, is all set to prove another piece of ineffective... Updated 26 Apr, 2024 09:20am
Business & Finance FBR urged to allow all exporters to avail ST refund facility under FASTER system ISLAMABAD: The Pakistan Business Council (PBC) has strongly recommended the Federal Board of Revenue (FBR) to allow... Published 26 Apr, 2024 04:15am
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