Fatima Fertilizer’s profit jumps 56% in 2023 Fatima Fertilizer Company Limited has reported a profit after tax of Rs23 billion during the year 2023, an increase... Updated 22 Mar, 2024 09:41pm
Pakistan FBR revamp: IHC dismisses IR officer’s petition ISLAMABAD: The Islamabad High Court (IHC) has dismissed a petition filed by an Inland Revenue officer against the... Published 21 Mar, 2024 06:00am
Business & Finance Uniform excise duty rates on cigarette makers: IMF’s recommendations welcomed ISLAMABAD: Capital Calling, an Islamabad-based think tank, Friday welcomed the recommendation of the International... Published 21 Mar, 2024 05:22am
Print Country needs ‘another’ IMF programme: PM Says rising electricity and gas theft, low tax-to-GDP ratio and rapid increase in expenditure need to be dealt with seriously Updated 21 Mar, 2024 09:54am
Print Dealings with local consumers: IMF for GST registration of online digital platforms ISLAMABAD: The International Monetary Fund (IMF) has recommended sales tax registration of online digital platforms... Updated 21 Mar, 2024 08:44am
Print Broadening tax base: PM seeks report on phase-wise economic reforms ISLAMABAD: Prime Minister Shehbaz Sharif presiding over a high-level meeting on Wednesday to discuss proposals with... Updated 21 Mar, 2024 09:54am
Editorials An amendment in the works? EDITORIAL: The declared election outcome notwithstanding recounting of votes since, appears to be veering towards a... Published 21 Mar, 2024 05:22am
Business & Finance Budget FY25: academia advocate increase in taxes on tobacco items ISLAMABAD: The call for raising taxes on tobacco is gaining momentum among academia, who Tuesday endorsed tax policy... Published 20 Mar, 2024 03:00am
Print Talks with IMF extended to today ISLAMABAD: Talks between the International Monetary Fund (IMF) and Pakistani authorities on the second review have... Updated 19 Mar, 2024 10:26am
Print Levying tax on annual rental value property: SC questions Sindh govt for not considering matter ISLAMABAD: The Supreme Court questioned why the Sindh government is not seriously taking up the matter of levying of... Updated 19 Mar, 2024 10:06am
Editorials E-commerce underbelly EDITORIAL: Nearly six years after the introduction of the much-hyped Device Identification, Registration and ... Published 19 Mar, 2024 04:53am
Business & Finance Taxpayer gets reimbursed amount recovered from his bank account LAHORE: Due to the tax authorities’ failure to specify a reasonable payment timeframe, a corporate taxpayer... Published 19 Mar, 2024 04:53am
Print Manually or electronically: President says taxpayers to get equal treatment ISLAMABAD: President of Pakistan has ruled that the filers of income tax returns manually would now be able to enjoy... Updated 18 Mar, 2024 09:54am
Print FBR restructuring plan: Major impediment to implementation seems to be bureaucracy itself ISLAMABAD: The interaction of new Finance Minister with Federal Board of Revenue’s team clearly reflects FM’s... Updated 18 Mar, 2024 09:51am
Editorials Body to help curtail govt expenditure EDITORIAL: Prime Minister Shehbaz Sharif has formed a seven-member committee tasked to curtail government expenses... Published 18 Mar, 2024 04:56am
Print PM directs Ministry to explore possibility of Panda Bonds Directions issued to shore up depleting foreign exchange reserves Updated 16 Mar, 2024 10:14pm
Business & Finance Digitalisation of tax system: PSMA for QR Code printed polypropylene bags ISLAMABAD: The new government needs to replace printed paper stamps for the sugar industry under the Track and Trace... Published 16 Mar, 2024 06:26am
Business & Finance Despite existence of ADTT, LTO orders deduction of tax against offshore co LAHORE: The Large Tax Office (LTO) has gotten egg on face by deducting tax against an offshore company in presence ... Published 16 Mar, 2024 06:26am
Print Construction sector: IMF asks FBR to abolish special tax regime Recommends subjecting sector to standard income tax regime Updated 15 Mar, 2024 04:03pm
Business & Finance e-commerce platforms facilitating trade of smuggled smartphones? KARACHI: Some of the leading e-commerce platforms have said to be the biggest source for trading non-PTA-approved... Updated 15 Mar, 2024 08:28am
Print SBA talks: Govt to have little ‘manoeuvrability’ to cut utility prices ISLAMABAD: The government will have little, if any, maneuverability to reduce utility prices during the second... Updated 13 Mar, 2024 12:30pm
Business & Finance Tribunal reduces penalty disproportionate to gravity of sales tax default? LAHORE: An Inland Revenue appellate tribunal has reduced penalty against defaulter of sales tax owing to... Published 12 Mar, 2024 04:27am
World Trump suggests tax cuts can help offset 10% tariff impact WASHINGTON: Donald Trump defended Monday his proposal of a universal 10 percent tariff on imports, suggesting tax... Published 11 Mar, 2024 08:06pm
BR Research Indus Motors: Better be happy! Indus Motors expects economic recovery and as a result the demand for its cars to recover slowly, predicting volumes... Published 11 Mar, 2024 08:39am
Business & Finance Tobacco revenue may cross $2bn mark by curbing illicit trade LAHORE: The government has the potential to generate $2 billion revenue from the legitimate tobacco industry by... Published 09 Mar, 2024 04:59am
Print PM vows structural reforms Says government fully committed to increase tax to GDP ratio Updated 09 Mar, 2024 10:54pm
Print Rs160bn FBR notice lands SNGPL in hot water ISLAMABAD: The Sui Northern Gas Pipeline Limited (SNGPL) is reportedly in hot water after receiving the tax demand... Updated 09 Mar, 2024 04:10pm
Business & Finance Invoice price more than Rs4m: FBR slaps 25pc sales tax on ‘local’ vehicles ISLAMABAD: The Federal Board of Revenue (FBR) will charge 25 percent sales tax on locally manufactured or assembled... Published 09 Mar, 2024 04:59am
Print Reducing risk of sales tax fraud: FBR places curbs on various activities, transactions ISLAMABAD: The Federal Board of Revenue (FBR) has placed restrictions on various activities and transactions of... Updated 09 Mar, 2024 06:51pm
Print ‘Misuse’ of EFS: Rs1.08bn tax evasion scam unearthed KARACHI: The Directorate General of Post Clearance Audit (PCA) South has uncovered a massive tax evasion scam... Updated 09 Mar, 2024 01:21pm
