Anomaly in excise duty: Illegal cigarette trade will get a big boost ISLAMABAD: The anomaly created by the Federal Board of Revenue (FBR) in new excise duty structure of cigarettes to... Updated 25 Feb, 2023 08:59am
Print Import of luxury items ST: FBR empowered to impose higher rate of 25pc ISLAMABAD: The Finance (Supplementary) Act, 2023 has empowered the Federal Board of Revenue (FBR) to impose a higher... Updated 24 Feb, 2023 08:45am
Business & Finance PTEA appeals for govt measures to rescue ailing Punjab units FAISALABAD: Extreme cash flow problems and high production costs have greatly damaged the prospects for growth in... Published 23 Feb, 2023 07:30am
Pakistan ST on services against toll makers: SHC disposes of all proceedings initiated by SRB KARACHI: Sindh High Court (SCH) has disposed of/ abated all proceedings initiated by the Sindh Board of Revenue... Updated 22 Feb, 2023 09:10am
Business & Finance Jul-Jan: C/A falls hugely on import curbs KARACHI: The country’s current account deficit (CAD) sharply fell by 67 percent during the first seven months of... Published 21 Feb, 2023 05:57am
Print Imposing/raising time-bound RDs, ACDs: FBR extends time period to March 31st for over 600 luxury items ISLAMABAD: The Federal Board of Revenue (FBR) has decided to extend the time period up to March 31, 2023, for... Updated 21 Feb, 2023 09:00am
Business & Finance The Finance (Supplementary) Bill 2023: an analysis INCOME TAX: CAPITAL GAIN ON DISPOSAL OF SECURITIES OTHER THAN THROUGH STOCK EXCHANGE/NCCPL Capital gains arising on... Updated 18 Feb, 2023 04:04am
Editorials ‘Mini-budget’ EDITORIAL: The revenue measures as revealed in the ‘mini-budget’ were expected as Finance Minister Ishaq Dar had... Published 17 Feb, 2023 06:00am
Opinion IMF programme & reforms Pakistan, one of the major victims of climate change, is fighting alone to manage the damages caused due to... Published 17 Feb, 2023 06:00am
Opinion The Finance (Supplementary) Bill 2023: a comment General: The Finance Minister has laid Finance (Supplementary) Bill 2023 on the floor of the Parliament. (National... Published 17 Feb, 2023 06:00am
Print POL products’ prices jacked up ISLAMABAD: The federal government Wednesday increased the prices of petroleum products up to 8.8 percent with effect... Updated 16 Feb, 2023 08:57am
Print Big taxation measures taken through money bill Govt has dropped proposals to raise FED on imported and locally-manufactured cars and energy drinks Updated 16 Feb, 2023 10:48am
Business & Finance ST dept accused of violating limitation period with FBR’s approval LAHORE: The sales tax department is violating the limitation period of five years for issuing show cause notices to... Published 16 Feb, 2023 06:08am
Business & Finance To be presented in parliament today: Cabinet approves Finance Supplementary Bill ISLAMABAD: A meeting of the Federal Cabinet has approved the Finance Supplementary Bill 2023 to be presented in the... Published 15 Feb, 2023 07:20am
Print FED on cigarettes doubled ISLAMABAD: The government has started the implementation of the mini-budget late Tuesday night by doubling the... Updated 15 Feb, 2023 08:58am
Print FTO orders FBR to initiate probe into ‘tractor fraud’ ISLAMABAD: The Federal Tax Ombudsman (FTO) has issued an order in favour of poor growers/ farmers community of Sindh... Updated 13 Feb, 2023 09:19am
Print Presidential directives: FBR to give explanation to FTO ISLAMABAD: On the directions of President Arif Alvi, the Federal Board of Revenue (FBR) is bound to give an... Updated 13 Feb, 2023 09:07am
Pakistan Reprocessing waste transformer oil: Tax notices withdrawn against Pakistan Wapda Foundation LAHORE: The Federal Board of Revenue (FBR) has withdrawn notices of excise duty and sales tax against Pakistan Wapda... Published 12 Feb, 2023 03:56am
Business & Finance Refund systems of FASTER: FTO recommends FBR to develop adequate safeguards ISLAMABAD: Federal Tax Ombudsman (FTO) has strongly recommended the Federal Board of Revenue (FBR) to conduct... Published 11 Feb, 2023 05:57am
Print New taxation measures of nearly Rs300bn finalised ISLAMABAD: The Federal Board of Revenue (FBR) has finalised proposals for new taxation measures of nearly Rs 300... Updated 10 Feb, 2023 08:55am
Print First six months: Fiscal deficit swells to 2pc of GDP ISLAMABAD: Fiscal deficit has been recorded at two per cent of the GDP or Rs1,683 billion during the first six ... Updated 09 Feb, 2023 08:41am
Print Rs650bn collection likely: 1pc hike in ST thru ordinance on the cards ISLAMABAD: The Federal Board of Revenue (FBR) has estimated to collect Rs650 billion during Feb-June (2022-23) by... Updated 08 Feb, 2023 09:08am
Editorials A reminder of the flaws in economic policies EDITORIAL: Match the rise in taxes to a cut in government expenditure is a cry gathering momentum not only amongst... Published 01 Feb, 2023 05:58am
Print IMF conditionalities: Govt raises fuel prices in a gesture of compliance ISLAMABAD: The government has announced to increase the prices of petroleum products by Rs 35 (petrol, diesel) and... Updated 30 Jan, 2023 09:27am
Business & Finance RTO continues operations against tax evaders PESHAWAR: Regional Tax Office (RTO) Peshawar’s, Federal Board of Revenue (FBR) mobile squad has continued... Published 30 Jan, 2023 05:56am
Print Govt may exempt solar equipment from all taxes ISLAMABAD: The government is likely to exempt solar equipment from all taxes aimed at achieving the target of 10,000... Updated 27 Jan, 2023 09:04am
Print Rs300bn taxation measures thru Ord on the way FBR drafts proposals of new taxation measures to be enforced through the promulgation of the Tax Laws Amendments Ordinance, 2023 Updated 26 Jan, 2023 09:49am
Business & Finance POL products: additional Rs76bn revenue can be generated thru PL maximization to Rs50 per litre ISLAMABAD: The government has projected to collect Rs 76 billion additional revenue if it maximizes the petroleum... Updated 25 Jan, 2023 08:56am
Business & Finance Cement manufacturers: Implementation of track-and-trace system delayed ISLAMABAD: The implementation of the track and trace system at the cement manufacturers has been delayed for the ... Published 24 Jan, 2023 07:09am
Pakistan RTO Peshawar intensifies operations against sales tax evaders PESHAWAR: The Chief Commissioner Inland Revenue, Regional Tax Office, Peshawar, Aqeel Ahmad Siddiqui has directed ... Published 23 Jan, 2023 05:57am