PTBA says concerned at FBR’s decision LAHORE: The Pakistan Tax Bar Association (PTBA) has expressed grave concerns over the decision taken by the Federal... Published 28 Jan, 2022 04:45am
Print Advance tax on wide range of cellular services increased ISLAMABAD: The Federal Board of Revenue (FBR) from January 16, 2022 increased the advance tax on a wide range of... Updated 28 Jan, 2022 09:32am
Markets Turkey passes law exempting converted lira deposits from corporate tax ISTANBUL: Turkey's parliament approved a law late on Thursday under which lira deposits converted from foreign... Published 21 Jan, 2022 03:30pm
Opinion Note on the Finance (Supplementary) Act, 2022 The National Assembly has passed the Finance (Supplementary) Bill on... Published 17 Jan, 2022 07:06am
Opinion Memorandum on the Finance (Supplementary) Bill, 2021 BACKGROUND AND HIGHLIGHTS OF THE FINANCE (SUPPLEMENTARY) BILL, 2021 The Government claims to have presented the... Published 06 Jan, 2022 04:13am
Business & Finance Tax years 2016–2020: LTO Lahore selects 200 income tax, 175 sales tax cases LAHORE: The Large Tax Office (LTO) Lahore has selected around 200 cases of income tax and 175 cases of sales tax in... Published 07 Dec, 2021 06:29am
Print Digital mode of payments: FBR extends deadline to year-end ISLAMABAD: The Federal Board of Revenue (FBR) has granted another extension for the corporate sector to switch over... Updated 02 Dec, 2021 09:44am
BR Research Digitizing tax The new income tax law for any company making cumulative annual payment of beyond Rs250,000 from any single account... Updated 30 Nov, 2021 03:35pm
Opinion The quest for tax reforms The Federal Board of Revenue (FBR) surpassed the revised targets for fiscal year (FY) 2020-2021 and for the first... Published 19 Nov, 2021 04:35am
Print Registered taxpayers: FBR tax demands yield Rs80.1bn in FY21 FBR report states that collection out of current demand has increased by a healthy 19.9 percent Updated 11 Nov, 2021 09:53am
BR Research IMF review: balancing act? The IMF review is in the final stage. Yet not everything is final. There is nothing new or out of the blue which is... Published 08 Nov, 2021 07:25am
Print Rs330bn sales tax exemptions: Presidential Ordinance on the cards ISLAMABAD: A presidential ordinance is on the cards to withdraw sales tax exemptions, zero-rating, and reduced sales... Published 14 Oct, 2021 03:08am
Print Rs39bn collected, 1.86m returns filed till Sept 30th ISLAMABAD: The Federal Board of Revenue (FBR) collected Rs39 billion tax along with 1.86 million income tax returns... Published 07 Oct, 2021 03:31am
BR Research Filing returns! The FBR gave in and extended the tax submission deadline by 15 days as reports of the system choking grew on the ... Published 01 Oct, 2021 07:25am
Print Income tax return filing deadline extended till 15th KARACHI: After listening to the problems being faced by taxpayers in filing income tax returns, which were... Updated 01 Oct, 2021 10:02am
Opinion FBR & tax appellate system The Federal Board of Revenue (FBR) is allegedly interfering in the quasi-judicial functions of Commissioners of... Published 01 Oct, 2021 04:07am
Pakistan APAT leader makes taxation proposals ahead of protest LAHORE: Though the key alliance Markazi Tanzeem Tajran has parted ways after getting assurance from the Federal ... Published 28 Sep, 2021 05:12am
Print Tax return: FBR clarifies penalty for each day of default ISLAMABAD: The Federal Board of Revenue (FBR) has clarified that a person who fails to file the return within the ... Updated 24 Sep, 2021 10:00am
Business Government of Pakistan Revenue Division Federal Board of Revenue Subject Explanation of Important Amendments Introduced in the Income Tax Ordinance, 2001, Via the Tax Laws (Third Amendment) Ordinance, 2021 Published 24 Sep, 2021 04:40am
Business & Finance Tax Laws (Third Amendment) Ordinance, 2021 Within third month of passage of Finance Act, 2021, the Government felt the need of introducing amendments in the Tax Laws. These amendments are primarily directed towards broadening of tax base besides providing concessions to certain sectors Published 22 Sep, 2021 03:48am
Print Tax Laws (Third Amendment) Ordinance, 2021: 7 new measures introduced to broaden tax base ISLAMABAD: The government has introduced seven new measures for broadening the tax base through the Tax Laws (Third... Published 18 Sep, 2021 06:12am
Pakistan KE launches Whatsapp service for convenience of customers KARACHI: K-Electric continues to leverage technology and digitization in its business operations with a focus on... Published 14 Sep, 2021 03:55am
Business LCCI urges FBR to extend tax return filing deadline LAHORE: The Lahore Chamber of Commerce & Industry has urged the Federal Finance Minister Shaukat Tareen and... Published 14 Sep, 2021 03:55am
Opinion Pathetic direct tax collection The dismal share of income tax in overall collection of taxes during the last many decades testifies to the lack of... Published 10 Sep, 2021 04:41am
Editorials Taxing agri income EDITORIAL: It’s about time the government turned its attention to milking some of the long-overdue income tax on... Published 04 Sep, 2021 06:04am
Print FBR sets Rs1,200bn revenue collection target for Q1 ISLAMABAD: The Federal Board of Revenue (FBR) has fixed Rs1,200 billion as the revenue collection target for the... Updated 29 Aug, 2021 01:32pm
Opinion Dividend payout by companies Under the Income Tax Ordinance, 2001 income tax is charged on income of a person without any consideration to the... Published 23 Aug, 2021 06:20am
Print Inadmissible refunds: PM cuts FBR official to size ISLAMABAD: Prime Minister Imran Khan has imposed a major penalty of "dismissal from service" on Rajabuddin... Published 30 Jul, 2021 02:46am
Business & Finance Locally-manufactured mobile phones' sale to retailers: Tarin approached for removal of tax anomaly ISLAMABAD: The Pakistan Mobile Phone Manufacturers Association (PMPMA) has approached Finance Minister Shaukat Tarin... Updated 29 Jul, 2021 11:08pm
Business Single identifier number for domestic taxes launched ISLAMABAD: The Federal Board of Revenue (FBR) has launched a single identifier number for all domestic taxes. ... Published 29 Jul, 2021 04:48am
