Tax data of General Bajwa’s family: Court rejects plea to extend physical remand of journalist ISLAMABAD: A local court, on Monday, rejected the prosecution’s request to extend the physical remand of the... Published 17 Jan, 2023 06:02am
Pakistan Tax data of Bajwa’s family: FIA granted two-day physical remand of journalist ISLAMABAD: A local court on Saturday granted the Federal Investigation Agency (FIA) two days physical remand of a... Published 15 Jan, 2023 04:01am
Print Rs550bn tax gap largely falls in five sectors: FBR ISLAMABAD: The huge sales tax gap of Rs 550 billion largely falls in food, beverages, tobacco, textile, wholesale... Updated 15 Jan, 2023 03:16pm
Business & Finance FBR directed to withdraw notice of WHT monitoring to deceased ISLAMABAD: While disposing of a complaint, the Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue... Published 14 Jan, 2023 06:22am
Business & Finance Pakistan: Economic Management Support: ADB’s IED rates tech assistance as successful, relevant ISLAMABAD: The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated technical... Published 12 Jan, 2023 05:51am
Business & Finance Zero rating facility: Meter manufacturers object to issuance of tax notices by FBR LAHORE: Field formations of the Federal Board of Revenue (FBR) are found issuing tax recovery notices to the... Published 12 Jan, 2023 05:51am
Business & Finance FBR asks 81 big retailers to get integrated with POS ISLAMABAD: The Federal Board of Revenue (FBR) has directed 81 unregistered retailers (Tier-1) to integrate them with... Published 11 Jan, 2023 05:53am
Business & Finance Additional tax on traders: KATI President asks govt to consult business community KARACHI: Korangi Association of Trade and Industry (KATI) President Farazur Rehman has said that before imposing an... Published 07 Jan, 2023 06:00am
Pakistan PAC for action against FBR officials posted in Karachi for long ISLAMABAD: The Public Accounts Committee (PAC) on Thursday ordered that all those customs, income tax, and other... Published 06 Jan, 2023 05:58am
Opinion FBR: Dwindling tax collection Pakistan has one of the world’s lowest tax ratios, stemming from five main weaknesses: complexity, a narrow tax... Published 06 Jan, 2023 05:58am
Opinion An alcoholic point According to a Business Recorder news item, Dubai has suspended a tax of 30 percent on alcohol and dropped a licence... Published 04 Jan, 2023 06:02am
Business & Finance FBR misses Dec target: Rs225bn revenue shortfall ISLAMABAD: The Federal Board of Revenue (FBR) has suffered a massive revenue shortfall of Rs 225 billion during... Updated 01 Jan, 2023 10:07am
Business & Finance SHC dismisses petitions challenging tax on foreign assets ISLAMABAD: The Sindh High Court (SHC) has dismissed the petitions challenging the levy of tax on foreign assets of a... Updated 01 Jan, 2023 10:09am
Business & Finance Complainant heavily taxed on pension received as remittance: FTO tells FBR to transfer jurisdiction, revisit impugned order ISLAMABAD: The Federal Tax Ombudsman (FTO) has taken serious notice of illegal transfer of jurisdictions of an... Published 28 Dec, 2022 04:12am
Business & Finance KTBA concerned at tax recovery notices KARACHI: Karachi Tax Bar Association (KTBA) has expressed concerns over tax recovery notices. In a letter sent to... Published 28 Dec, 2022 04:12am
Business & Finance Payment of duties and taxes: Tax offices to observe extended working hours on 30th, 31st ISLAMABAD: The Federal Board of Revenue (FBR) has announced that all Large Taxpayer Offices (LTOs), Medium Tax... Published 24 Dec, 2022 05:50am
Business & Finance Officials facing disciplinary proceedings: FBR chief seeks forensic analyses of audio/video clips ISLAMABAD: Federal Board of Revenue’s (FBR) Chairman Asim Ahmad on Wednesday directed heads of all field ... Published 15 Dec, 2022 06:00am
Markets North Sea producers seek price floor to limit windfall tax LONDON: The British government should introduce a price floor to mitigate the impact of its new windfall tax on the... Published 12 Dec, 2022 07:15am
Opinion PML-N versus PML-N The markedly different perceptions of the state of the Pakistan economy today between PML-N’s stopgap finance... Updated 12 Dec, 2022 06:40am
Opinion Inflation: the fault is in ourselves Inflation has reached politically untenable levels in the ongoing year, considerably higher than the high rates... Published 05 Dec, 2022 06:09am
Business & Finance First five months of FY22-23: Punjab govt registers over 30pc revenue growth LAHORE: The Punjab government has registered over 30% revenue growth during first five months of the financial year... Published 02 Dec, 2022 05:47am
Business & Finance EU uncovers 2.2-bn-euro cross-border tax fraud BRUSSELS: The EU on Tuesday announced the discovery of a sophisticated 2.2-billion-euro ($2.3-billion) VAT tax fraud... Published 30 Nov, 2022 05:53am
Print Rice import: PM thanks Azeri President for 5-year tax holiday ISLAMABAD: Prime Minister Shehbaz Sharif Saturday thanked Azerbaijan President Ilham Aliyev for approving a... Updated 27 Nov, 2022 09:40am
Print Tax reforms recommendations to FBR: Supertax has successful large businesses: PBC ISLAMABAD: The Pakistan Business Council (PBC) has observed that the supertax has penalised successful large... Updated 27 Nov, 2022 09:41am
Opinion ‘FBR: dismal income tax collection’ This is apropos a Business Recorder op-ed “FBR: dismal income tax collection” carried by the newspaper on Nov ... Published 16 Nov, 2022 05:50am
Markets UK finance minister seeks to stem bond rout by rushing forward tax plan LONDON: New British finance minister Jeremy Hunt, seeking to stem a dramatic loss of confidence among investors in... Published 17 Oct, 2022 12:35pm
Business & Finance ‘T-1Rs and tax inspectors are busy in defeating POS integration mechanism’ LAHOE: Both Tier-1 Retailers (T-1Rs) and tax inspectors of various field formations of Federal Board of Revenue ... Published 01 Oct, 2022 04:20am
BR Research Pioneer: No dice How does a healthy revenue growth translate to an equally ‘healthy’ drop in earnings. Unfortunately for Pioneer... Published 23 Sep, 2022 08:56am
Business & Finance Alvi urges chambers to motivate members for documenting businesses ISLAMABAD: President Dr Arif Alvi has called upon the chambers of commerce and industry to motivate and convince... Published 14 Sep, 2022 04:45am
World UAE rejects extradition of Briton accused of $1.7bn tax fraud COPENHAGEN: A Dubai court on Monday rejected Denmark’s extradition request for a Briton accused of robbing the... Published 12 Sep, 2022 09:09pm
