Income tax refunds’ e-processing: IHC issues notice to Member IR FBR ISLAMABAD: The Islamabad High Court (IHC) has issued a notice to Member Inland Revenue (Policy) Federal Board of... Published 08 May, 2024 06:43am
Print Tax system digitalisation: FBR forms project management team ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a project management team for tax system... Updated 08 May, 2024 08:50am
Print Erstwhile tribal areas: Tax, duty exemptions not to be extended beyond June 30 ISLAMABAD: The government has decided not to further extend the exemption from duties and taxes for the erstwhile... Updated 08 May, 2024 09:19am
Print ST registered persons: FBR modifies requirement of filing balance sheet ISLAMABAD: The Federal Board of Revenue (FBR), Tuesday, modified a controversial requirement for filing balance... Updated 08 May, 2024 09:17am
Print 2022-23 period: Army paid Rs100bn duties, taxes: DG ISPR ISLAMABAD: Director General Inter-Services Public Relations (DG ISPR) Maj-Gen Ahmed Sharif on Tuesday said the... Updated 08 May, 2024 09:18am
Print Liquidation of appeals before IR, ATIR: Tax Laws Act to be effective from May 6 ISLAMABAD: The government has enforced the Tax Laws (Amendment) Act, 2024 from May 6, 2024, in an attempt to... Updated 08 May, 2024 08:48am
Business & Finance ‘No new laws should be made for existing taxpayers’: LCCI LAHORE: President of the Lahore Chamber of Commerce and Industry (LCCI) Kashif Anwar has said that no new laws ... Published 07 May, 2024 06:27am
Business & Finance Services by provinces: Jul-Mar GST collection soars 23pc to Rs353.223bn YoY ISLAMABAD: There has been an increase of 23 percent in the collection of sales tax on services (GST) by the ... Published 07 May, 2024 06:05am
Business & Finance PTA invites electronic bids for taxation services ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has invited electronic bids for taxation services for the... Published 07 May, 2024 06:05am
Editorials State of the economy EDITORIAL: The April Monthly Economic Update and Outlook uploaded on the Finance Division website begins on a... Published 07 May, 2024 06:05am
Business & Finance Raising tobacco taxes: experts say significant progress made ISLAMABAD: Pakistan has made significant progress in raising tobacco taxes with new recommendations of the World... Updated 07 May, 2024 08:02am
Opinion The quest for recovery of Rs2.7 trillion revenue That the tax litigation system in Pakistan has long been afflicted by inordinate delays, bureaucratic hurdles, and a... Published 06 May, 2024 05:30am
Print Fast-track solar PV projects by Arab countries: FBR asked to amend sales tax, income tax laws The government is actively working towards the development of solar PV projects utilizing the G2G mode Updated 06 May, 2024 09:25am
Print Blocking SIMs of non-filers: FBR decides to summon telcos’ operators ISLAMABAD: The Federal Board of Revenue (FBR) has decided to call all telecom operators at the FBR Headquarters to... Updated 06 May, 2024 09:18am
Editorials Hurting growth of formal economy EDITORIAL: At a time when the federal government and finance minister are all talking about documenting the economy... Published 06 May, 2024 05:30am
Print Need stressed to implement much delayed TTS ISLAMABAD: Prime Minister Shehbaz Sharif’s recent commitment to robust tax enforcement has underscored the urgent... Updated 06 May, 2024 09:02am
Business & Finance Only Sindh, Balochistan specify rules for OMP LAHORE: Apart from Sindh and Balochistan, no other provinces have issued any specific rules with respect to online... Published 04 May, 2024 05:48am
Print President approves Tax Laws Amendment Bill ISLAMABAD: President Asif Ali Zardari approved, “The Tax Laws Amendment Bill 2024.” The president approved the Tax... Updated 04 May, 2024 03:36pm
Pakistan Minister for increasing resources to serve people better LAHORE: Punjab Finance Minister Mujtaba Shuja-ur-Rehman emphasised the necessity of increasing the provincial... Published 03 May, 2024 06:29am
Opinion Dismal savings: Pakistan’s growth barrier Pakistan has the one of the lowest savings rates in the world. During the past decade, Pakistan’s savings rate has... Published 03 May, 2024 06:29am
Business & Finance Well-organised documented sectors: PBC urges FBR to rationalise ‘super tax’ ISLAMABAD: Pakistan Business Council (PBC) has proposed the Federal Board of Revenue (FBR) to rationalise ‘super... Published 03 May, 2024 06:29am
Business & Finance Blocking SIMs of over 0.5m non-filers: PTA yet to decide on FBR decision ISLAMABAD: The Pakistan Telecommunication Authority (PTA) is yet to decide on the Federal Board of Revenue’s (FBR’s)... Published 03 May, 2024 06:29am
Business & Finance More tax generation: CAP seeks adoption of digital payments in retail sector LAHORE: The Chainstore Association of Pakistan (CAP) has called on authorities to prioritize the adoption of digital... Published 03 May, 2024 06:29am
Business & Finance Admin Pool of FBR: PCS, IRS concerned over placement of senior-most officers ISLAMABAD: Pakistan Customs Service (PCS) and Inland Revenue Service (IRS) conveyed their concerns to the tax... Updated 02 May, 2024 05:22am
Print Naeem Mir CC of ‘Tajir Dost Scheme’ ISLAMABAD: After a lukewarm response to Tajir Dost Scheme till April 30, the Federal Board of Revenue (FBR) has... Updated 02 May, 2024 09:23am
Print Growing pressure on expenditures: Higher mark-up payments behind challenge: MoF Total expenditures during July-February 2024 remained under pressure due to higher mark-up payments Updated 01 May, 2024 04:36pm
Print Bringing developers, builders into tax net: FBR fails to achieve desired results It is learnt that the FBR is expected to issue increased values of immovable properties from July 1, 2024 Updated 01 May, 2024 03:24pm
Print 9MFY24: Fiscal deficit recorded at Rs3.902trn ISLAMABAD: Fiscal deficit has been recorded at 3.7 percent (Rs3,902.416 billion) of the GDP during the first nine... Updated 01 May, 2024 09:20am
Print FBR issues list to PTA: SIMs of 506,671 IT non-filers to be blocked ISLAMABAD: The Federal Board of Revenue (FBR) has issued a list of 506,671 non-filers of income tax returns whose... Updated 01 May, 2024 09:42am
Business & Finance Finance Bill 2024: Policy Cell to compile IR budget proposals ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a Policy Cell for compilation of Inland Revenue budget... Published 01 May, 2024 04:14am
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees