FBR set to achieve Rs6.1trn revised tax collection target ISLAMABAD: The Federal Board of Revenue (FBR) is all set to achieve the upward revised target of Rs6,100 billion for... Updated 29 Jun, 2022 09:41am
Pakistan PM Shehbaz says will announce revised tax on high income individuals Will hold press conference to convey new rates applicable on high-income groups Updated 23 Jun, 2022 07:22pm
Business & Finance FPCCI voices concern over glaring anomaliesin budget KARACHI: Shabbir Mansha, acting president FPCCI, has expressed his concern on the glaring anomalies in the federal... Published 23 Jun, 2022 06:05am
Pakistan IMF being lenient with current government: Shaukat Tarin Former finance minister says global lender asked PTI to match policy rate with headline inflation instead of core inflation Updated 22 Jun, 2022 06:28pm
Business & Finance Sale and purchase of property by non-filers: Senate body approves increase in advance tax ISLAMABAD: The Senate Standing Committee on Finance and Revenue has approved increase in the advance tax from two to... Published 22 Jun, 2022 07:35am
Print Revenue collection target may be raised to Rs7.42trn ISLAMABAD: The federal government is expected to increase the revenue collection target of the Federal Board of... Updated 22 Jun, 2022 10:08am
Opinion Wealth tax in the guise of deemed income Whenever historians will write the history of an abusive, incorrect, absurd and technically incorrect tax imposition... Published 16 Jun, 2022 06:03am
Print Salaried class tax structure: govt in a fix ISLAMABAD: The government is in a fix to either heavily tax the salaried class under the amended Finance Bill, 2022... Updated 15 Jun, 2022 09:58am
Print Finance Bill 2022: Rate of proposed tax on deemed rental income to be 20pc Proposed tax on deemed income from an unutilised property above Rs25 million not applicable on land where agriculture activity is carried out Updated 12 Jun, 2022 03:00pm
Budget 2022-23 Lower income salaried class gets tax relief ISLAMABAD: A major relief has been provided to the lower income salaried class taxpayers by increasing the basic tax... Published 11 Jun, 2022 06:41am
Business & Finance FBR releases Tax Expenditure Report 2022 ISLAMABAD: The Federal Board of Revenue (FBR) on Friday released the Tax Expenditure Report 2022, revealing that the... Published 11 Jun, 2022 06:14am
Pakistan Budget 2022-23: here are revised tax rates and slabs for the salaried income group Govt targets 'ultra' rich with new taxation slabs Published 10 Jun, 2022 11:02pm
Business & Finance Ahead of budget 2022-23, here is a review of income tax rates during the outgoing fiscal year These rates are applicable if income of the individual from salary exceeds 75% of taxable income Published 08 Jun, 2022 07:52pm
Business & Finance RTO Lahore recovers Rs42m in May LAHORE: The Regional Tax Office (RTO) Lahore has recovered Rs42 million as arrears of income tax through attachment... Published 07 Jun, 2022 05:47am
Print Profit-earning sectors: Some kind of time-bound levy may be imposed ISLAMABAD: The government is planning to impose some kind of time-bound levy or additional income tax on the annual... Updated 27 May, 2022 10:00am
Business & Finance FPCCI urges govt to declare ‘economic emergency’ KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the federal government to... Published 07 May, 2022 05:46am
Opinion Daunting challenges for new govt Pakistan at the moment is going through chronic political and economic turmoil. The most critical elements of the... Published 29 Apr, 2022 05:43am
Business & Finance CDPR holds workshop on ‘tax reforms for inclusive, sustainable growth’ LAHORE: The Consortium for Development Policy Research (CDPR) in collaboration with the British High Commission’s... Published 16 Apr, 2022 04:10am
Business & Finance Indonesia to impose VAT, income tax on crypto assets from May JAKARTA: Indonesia plans to charge value-added tax (VAT) on crypto asset transactions and an income tax on capital... Published 04 Apr, 2022 05:38am
Business & Finance Indonesia to impose VAT, income tax on crypto assets from May JAKARTA: Indonesia plans to charge value-added tax (VAT) on crypto asset transactions and an income tax on capital... Published 02 Apr, 2022 04:14am
Business & Finance FBR rescinds its letter ISLAMABAD: The Federal Board of Revenue (FBR), Thursday rescinded its letter dated February 17, 2000 on the... Published 01 Apr, 2022 05:41am
Opinion The Income Tax Amendment Ordinance 2022: govt’s plan to promote industries [These notes have been prepared on the basis of draft of the law as provided by Super Law Updates] General A... Published 04 Mar, 2022 04:37am
Print Daily wagers: FTO asks FBR to fix income limit for tax exemption ISLAMABAD: The Federal Tax Ombudsman (FTO) has recommended the Federal Board of Revenue (FBR) to fix minimum income... Updated 26 Feb, 2022 10:00am
Opinion ‘Naya Pakistan’ Over the last three years Pakistan has changed, but perhaps not in the way we had hoped or expected. The change that... Published 25 Feb, 2022 06:19am
Print FBR’s sectoral audit selection illegal: SHC ISLAMABAD: The selection of income tax audit of various sectors by the Commissioners on the instructions of the... Updated 22 Feb, 2022 10:46am
Opinion Dividends to shareholders Until recently, companies forwarded copies of their instructions to the concerned bank in relation to credit of... Published 18 Feb, 2022 04:31am
BR Research IPP WHT revision: good move, poor optics? In a summary moved to ECC, the government has sought approval to reduce the WHT on IPPs under 2015 policy for ... Published 11 Feb, 2022 08:17am
Business & Finance Quick disposal of refund cases: FBR issues instructions to field offices on FTO’s intervention ISLAMABAD: Following intervention of the Federal Tax Ombudsman (FTO), the Federal Board of Revenue (FBR) has issued... Published 11 Feb, 2022 04:31am
Print Matters relating to sales tax, income tax, FED: FY23 budget to envisage ‘one’ document for business community, general public ISLAMABAD: Business community and general public would be able to have ‘’one’’ tax document in budget... Updated 09 Feb, 2022 09:45am
World UAE to launch first federal corporate tax on business profits DUBAI: The United Arab Emirates (UAE) on Monday said it would introduce a federal corporate tax on business profits... Published 01 Feb, 2022 04:07am
