UK's PM breaks tax pledge to fund new care for elderly LONDON: Breaking an election pledge not to raise taxes, British Prime Minister Boris Johnson on Tuesday announced... Published 07 Sep, 2021 05:42pm
Print Real estate sector: PALSP urges FBR to conduct audit of tax contributions ISLAMABAD: The documented steel sector has asked the Federal Board of Revenue (FBR) to conduct audit of the income... Published 07 Sep, 2021 06:29am
Print European banks active in tax havens despite scandals: survey Brussels: European banks have not reduced their presence in tax havens, despite several scandals that have revealed... Updated 07 Sep, 2021 10:09am
Business & Finance PM Imran confident of 'comfortably acheiving' Rs5.82tn annual tax target Prime Minister Imran Khan is optimistic that the Federal Board of Revenue (FBR) will ‘comfortably achieve’ the... Published 01 Sep, 2021 12:37pm
Business & Finance Half-year financial results: FCEPL posts revenue growth KARACHI: Friesland Campina Engro Pakistan Limited (FCEPL) announced its financial results for the half year ended... Published 22 Aug, 2021 04:09am
Pakistan Tax on agri income in Sindh declines KARACHI: The tax on agriculture income in Sindh fell to Rs607 million in the financial year ended on June 30, 2021... Published 19 Aug, 2021 04:15am
Pakistan ATIR summons LTO Islamabad officer over income tax matter ISLAMABAD: The Appellate Tribunal Inland Revenue Pakistan (ATIR) has taken a serious notice of a tax matter and... Published 09 Aug, 2021 05:05am
Markets Russia mulls pegging tax on mining firms MOSCOW: Russia is considering pegging a mineral extraction tax (MET) levied on its metals producers to the global... Published 01 Aug, 2021 04:46am
Business FBR forms committee for tax base expansion LAHORE: The Federal Board of Revenue (FBR) has formed a committee for tax base expansion throughout integration of... Published 28 Jul, 2021 04:45am
Print Over Rs25,000 power bill/month: 7.5pc tax to be imposed on non-filers ISLAMABAD: The government has made electricity 7.5 percent more expensive for domestic non-filer consumers whose... Updated 27 Jul, 2021 09:26am
Pakistan Low attendance at FBR ISLAMABAD: Majority of senior tax officials of the Federal Board of Revenue (FBR) including the chairman were on... Published 24 Jul, 2021 04:27am
Print India raids media cos critical of govt NEW DELHI: Indian tax authorities on Thursday raided a prominent newspaper and a TV channel that have been critical... Published 24 Jul, 2021 02:12am
Pakistan Punjab govt extends date for payment of ST on services LAHORE: The Punjab government has extended date for payment of sales tax on services as well as filing of sales tax... Published 18 Jul, 2021 04:14am
Pakistan Withholding agents ‘Reconciliation of statements with declared amounts a must’ ISLAMABAD: The Finance Act 2021 has made it mandatory for the withholding agents to reconcile annual withholding tax... Published 16 Jul, 2021 04:34am
Opinion Levy of additional tax on mobile phone calls I may kindly be permitted to avail your precious space to point out an amazing target of taxation applied in the... Updated 14 Jul, 2021 05:03am
Business & Finance Tax levy on calls exceeding five minutes unlikely to be implemented: Jazz CEO Says there are difficulties around its implementation Users will just adapt and end calls before the 5 minutes are over, adds Aamir Ibrahim Updated 13 Jul, 2021 03:53pm
Business & Finance Multinationals tax shift unlikely until 2022, says Yellen VENICE: US Treasury Secretary Janet Yellen on Sunday said that a newly endorsed mechanism to allow more countries to... Published 12 Jul, 2021 05:26am
Markets US's Yellen says tax changes for large firms may not be ready until 2022 Yellen told a news conference after a G20 finance leaders meeting in Venice in Italy that the OECD Published 11 Jul, 2021 01:49pm
Pakistan Sindh E&T Dept collects Rs99.698bn KARACHI: Sindh Excise and Taxation department has collected Rs. 99.698 billion in the financial year 2020-21 as... Published 10 Jul, 2021 03:42am
Opinion Winners and losers from minimum tax on multinationals G20 finance ministers meeting in Italy will discuss a reform of taxation on multinational firms that is meant to ... Published 10 Jul, 2021 03:42am
Pakistan PPMA demands withdrawal of new tax regime KARACHI: The Pakistan Pharmaceutical Manufacturers' Association (PPMA) has warned that a crisis would emerge with... Published 09 Jul, 2021 04:25am
Pakistan Mobile calls over 5 minutes: Several cabinet members oppose additional tax ISLAMABAD: Several members of the Prime Minister Imran Khan’s cabinet are against the 75 paisa tax on mobile calls... Published 09 Jul, 2021 04:25am
Pakistan Will not be going to any private function with protocol and security, announces PM Imran Says cabinet will decide on a comprehensive policy next week Published 06 Jul, 2021 07:02pm
Markets SNGPL earns Rs5,998m PAT, declares 40pc cash dividend LAHORE: SNGPL has earned profit after tax of Rs.5,998 million and EPS of Rs 9.46 as compared to profit after tax of... Published 06 Jul, 2021 03:48am
Business & Finance Businessmen demand uninterrupted gas supply to industries LAHORE: The Federation of Pakistan Chambers of Commerce and Industry's Businessmen Panel Chairman Mian Anjum Nisar,... Published 05 Jul, 2021 04:57am
Business & Finance FBR issues explanation on minimum turnover tax ISLAMABAD: The minimum turnover tax of 0.75 percent would be applicable on the oil marketing companies, Sui Southern... Published 05 Jul, 2021 04:57am
Opinion Auto policy: the balancing act A new auto policy is in the offing. Expected price reductions in local and imported cars are making rounds on the... Published 04 Jul, 2021 03:41am
Business & Finance FBR raising huge frivolous tax demands in billions against taxpayers ISLAMABAD: Tax advisers have brought to the notice of the Federal Board of Revenue (FBR) that the FBR's field... Published 04 Jul, 2021 03:41am
Business & Finance Import of capital equipment: New status to enable telecom cos to adjust WHT: FBR ISLAMABAD: The Federal Board of Revenue (FBR) has announced that the declaration of telecommunication sector as an... Published 02 Jul, 2021 04:19am
Pakistan Bilawal criticises policy of taking action against tax defaulters ISLAMABAD: Bilawal Bhutto-Zardari, chairman of the Pakistan People’s Party (PPP), on Wednesday, criticised the... Published 01 Jul, 2021 04:10am