Rs940bn target for Dec: FBR chief starts meetings to review progress KARACHI: The Federal Board of Revenue (FBR) is likely to struggle hitting its revenue target of Rs. 940 billion for... Updated 13 Dec, 2023 08:50am
Business & Finance Sindh E&T dept collects over Rs58.91bn KARACHI: Sindh Excise and Taxation (E&T) department has collected over Rs 58.91 billion. The information was... Published 07 Dec, 2023 04:35am
Business & Finance Faulty procedure of issuing show-cause notice: Sales tax dept misses tax collection opportunity LAHORE: The sales tax department missed the opportunity for tax collection because of a faulty procedure of issuing ... Published 07 Dec, 2023 04:35am
Print Economic growth has to be backed by structural reforms: Shamshad ISLAMABAD: Caretaker Federal Minister for Finance Dr Shamshad Akhtar has said political and economic instability... Updated 24 Nov, 2023 09:44am
Print Efforts afoot to plug revenue leakage, PM told ISLAMABAD: The Federal Board of Revenue (FBR), Monday, informed caretaker Prime Minister Anwaar ul Haq Kakar that... Updated 14 Nov, 2023 08:45am
Print Technical parleys between IMF, FBR continue: Revenue boost main focus ISLAMABAD: The technical-level talks between the International Monetary Fund (IMF) and the Federal Board of Revenue... Updated 10 Nov, 2023 09:40am
Print FBR shares collection data with IMF ISLAMABAD: The Federal Board of Revenue (FBR) Friday shared tax-wise data of revenue collection with the... Updated 04 Nov, 2023 04:06pm
Print Higher markup payments will continue to pose big challenges: MoF ISLAMABAD: The higher markup payments, on the expenditure side, will continue to pose significant challenges for... Updated 01 Nov, 2023 09:59am
Print Taskforce on FBR reforms yet to become fully functional ISLAMABAD: The task force on tax and Federal Board of Revenue (FBR) reforms, constituted by the finance minister has... Updated 15 Oct, 2023 09:35am
Print Collection of professional tax by cantonment boards illegal: SC ISLAMABAD: The top court declared the collection of professional tax by Cantonment Board Karachi from businesses... Updated 14 Oct, 2023 09:35am
Print Fiscal adjustment hamstrung by interest payments Ministry of Planning, Development and Special Initiatives says economy has slowly and steadily started recovering from the downturn in growth Updated 04 Oct, 2023 10:00am
Print World Bank projects primary balance at negative 0.4pc ISLAMABAD: The World Bank has projected a primary balance for Pakistan at negative 0.4 percent (-0.4) for the... Updated 04 Oct, 2023 08:36am
Print Rs63bn more than the target: Q1 tax collection stands at Rs2.041trn ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs 2,041 billion during the first quarter of the current... Updated 01 Oct, 2023 03:35pm
Business & Finance Banks to collect govt receipts, taxes on 30th: SBP KARACHI: The State Bank of Pakistan (SBP) has announced opening of bank branches for collection of government... Published 29 Sep, 2023 06:24am
Business & Finance Sept tax collection up by Rs20bn in 28 days ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected over Rs 815 billion in the first 28 days ... Published 29 Sep, 2023 06:24am
Print Identifying new taxpayers: Shamshad seeks data of electricity users ISLAMABAD: The caretaker Minister for Finance and Revenue, Dr Shamshad Akhtar, has sought updated data of... Updated 25 Sep, 2023 09:31am
Business & Finance Addl CS LG Sindh for expanding property tax collection network KARACHI: Additional Chief Secretary Local Government Sindh Manzoor Ali Sheikh said that more bank accounts should be... Published 21 Sep, 2023 06:08am
Business & Finance Withholding agents: Tax officers imposing penalties without verifying payments LAHORE: Tax authorities are allegedly imposing additional tax against withholding agents without verifying whether... Published 21 Sep, 2023 06:08am
Business & Finance Payment of duties, taxes: All LTOs, MTOs and RTOs must stay open till 8pm on 30th: FBR ISLAMABAD: The Federal Board of Revenue (FBR) has directed all Large Taxpayers Offices (LTOs), Medium Taxpayers... Published 19 Sep, 2023 06:31am
Editorials About time EDITORIAL: It’s no surprise that the “massive recovery drive against tax defaulters” has identified the usual... Published 17 Sep, 2023 06:05am
Print Broadening tax base: IT ministry to lend a helping hand to FBR ISLAMABAD: The Ministry of IT and Telecommunication would fully assist the Federal Board of Revenue (FBR) in... Updated 15 Sep, 2023 08:53am
Opinion The missing ingredients in Pakistan Since the 18th Century, one country after another has experienced what Harvard economist Rostow called a “take off... Updated 13 Sep, 2023 01:32pm
Print Domestic collection improvement: FBR presents strategy to Shamshad ISLAMABAD: The Federal Board of Revenue (FBR), Tuesday, presented a plan before the Ministry of Finance to improve... Updated 13 Sep, 2023 08:53am
Opinion Tax expenditure as subsidy to elites: myth or reality? In the last ten or so years, economic issues and tax collection by FBR has been brought increasingly under focus.... Published 12 Sep, 2023 06:51am
Print FBR ‘rues’ WHT deduction on mobile cards ISLAMABAD: The Federal Board of Revenue (FBR) has criticised its policy of withholding tax deduction on mobile... Updated 12 Sep, 2023 09:13am
Business & Finance Speakers underscore need for abolishing distinction between filer and non-filer ISLAMABAD: The speakers at the Pakistan Institute of Development Economics (PIDE) conference on Sunday said that the... Published 11 Sep, 2023 07:21am
Opinion Sales tax blues Given rampant sales tax evasion and slowdown in consumer demand, the government is highly unlikely to meet its... Published 11 Sep, 2023 06:32am
Editorials So much for track and trace EDITORIAL: It seems we can’t go even a few days without receiving some sort of bad news from the tax and revenue... Published 09 Sep, 2023 06:20am
Business & Finance Tax system being digitised under reform process: PM ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar Thursday stated the country’s tax system is being digitised... Updated 08 Sep, 2023 09:22am
Print PM lays focus on tax reforms, sell-off process Says increasing tax collection is the foremost priority of the government Updated 07 Sep, 2023 09:51am