Data integration: KP, Punjab show positive response to FBR ISLAMABAD: The provinces of Punjab and Khyber Pakhtunkhwa (KP) have shown positive response to the Federal Board of... Published 31 Jan, 2024 05:22am
Print Six-month budget deficit soars to 2.3pc of GDP ISLAMABAD: The budget deficit during the first six months of the ongoing fiscal year increased to 2.3 percent of the... Updated 30 Jan, 2024 08:48am
Print FBR restructuring: Cabinet will again take up issue today ISLAMABAD: The Federal Cabinet will again take up the issue of restructuring of the Federal Board of Revenue (FBR)... Updated 30 Jan, 2024 08:49am
Print RD on export of precious stones: SIFC panel asks FBR to share taxation procedures ISLAMABAD: An inter-ministerial panel of the SIFC (Special Investment Facilitation Council) has asked the Federal... Updated 30 Jan, 2024 09:47am
Markets June 2022 revised tariff: AJK power consumers demand implementation MIRPUR: Power consumers from all walks of life including the legal fraternity have announced to take to street... Published 29 Jan, 2024 04:37am
Editorials Reiteration of economic challenges EDITORIAL: The caretaker finance minister while addressing the NUST Institute of Policy Studies (NIPS) correctly... Published 29 Jan, 2024 04:37am
Print Shamshad underscores need for continued reforms, revenue enhancement KARACHI: Speaking at Pakistan’s International Customs Day event, caretaker Finance Minister Dr Shamshad Akhtar... Updated 27 Jan, 2024 10:36pm
Print Withdrawal of approval of non-NPO status: LHC upholds order of LTO Lahore ISLAMABAD: Lahore High Court (LHC) has upheld the order of the Large Taxpayer Office (LTO) Lahore to withdraw the... Updated 26 Jan, 2024 08:45am
Business & Finance FBR asked to give maximum tax rebate to principals, headmasters of KP ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to give maximum income tax... Published 25 Jan, 2024 04:23am
Print Cabinet to discuss FBR revamp plan today KARACHI: In the cabinet meeting to be held Tuesday (Jan 23), proposals that envisage restructuring and reforms of... Updated 23 Jan, 2024 09:09am
Print New fixed income tax for retailers on the cards ISLAMABAD: The federal and provincial governments will launch a fixed income tax scheme (Tajir Doost) for... Updated 22 Jan, 2024 10:03am
Print Section 214C of ITO 2001: Whole income tax audit selection process not ultra vires to law: FBR ISLAMABAD: The Federal Board of Revenue (FBR) has declared that the whole income tax audit selection process under... Updated 22 Jan, 2024 10:02am
Print Reforms in taxation system demanded PESHAWAR: Members of the business community demanded reforms in the taxation system, and to bring down the ratio of... Updated 22 Jan, 2024 08:55am
Print Tax on banks: FBR mulling hiring legal counsel ISLAMABAD: The Federal Board of Revenue (FBR) is planning to hire expert legal counsel to defend its cases of tax on... Updated 19 Jan, 2024 09:12am
Business & Finance Lasbela Chamber concerned at govt’s ‘flawed’ economic policies KARACHI: Ismail Sattar, President of the Lasbela Chamber of Commerce and Industry (LCCI), has voiced concerns... Published 19 Jan, 2024 05:37am
Print Chairman tells Senate panel on finance: Govt asked to implement FBR restructuring within 30 days ISLAMABAD: Federal Board of Revenue (FBR) Chairman Amjad Zubair Tiwana, Wednesday, informed the Senate Standing... Updated 18 Jan, 2024 09:52am
Print ‘Further sales tax or extra tax’: FBR fails to deal with legal issue of chargeability ISLAMABAD: The Federal Board of Revenue (FBR) has failed to effectively deal with the legal issue of chargeability... Updated 17 Jan, 2024 08:39am
Print Negative list: FBR excludes many items ISLAMABAD: The Federal Board of Revenue (FBR) has excluded a number of items from the negative list and allowed... Updated 16 Jan, 2024 09:41am
Print Ministries, Divisions told: ‘Submit no summary contrary to IMF commitments’ ISLAMABAD: The Ministry of Finance has barred all ministries/ Divisions from submitting any summary to the Federal... Updated 16 Jan, 2024 02:53pm
Opinion FBR needs to look beyond the salaried class to grow tax collection Budgets seem to be all about providing largesse to the poor and incentives to the industry while reiterating the... Published 16 Jan, 2024 05:44am
Opinion Claims of economic improvement The narrative of the stakeholders today is that there has been a noticeable uptick in various macroeconomic... Published 15 Jan, 2024 05:03am
Print FBR ‘revamp plan’: Will caretakers be able to deal with legislative issues? ISLAMABAD: The proposed Customs Oversight Board and Inland Revenue Oversight Board each would comprise 10 members... Updated 15 Jan, 2024 09:53am
Editorials Remittance inflows EDITORIAL: Home remittances rose by 13.4 percent in December 2023 compared to the same month a year ago - to 2.4... Published 15 Jan, 2024 05:03am
World India’s net direct tax collection rises 19.4% yoy in April-January NEW DELHI: The Indian government’s net direct tax collection has risen 19.4% year-on-year to 14.7 trillion rupees... Published 11 Jan, 2024 05:30pm
Business & Finance 2022-23: Only 61 complaints filed with FTO ISLAMABAD: Only 61 complaints have been filed by the taxpayers against the Federal Board of Revenue (FBR) during... Published 11 Jan, 2024 06:15am
Print 30pc taxpayers have obtained ST registration to get sales tax refunds fraudulently? ISLAMABAD: Around 30 percent of the total sales tax registered persons (397,000) have obtained sales tax... Updated 10 Jan, 2024 10:12am
Business & Finance SRB seals premises of Toro Fitness Ltd KARACHI: The Sindh Revenue Board (SRB) has sealed the premises of M/s Toro Fitness (Private) Limited, located in... Published 09 Jan, 2024 04:18am
Print FBR takes action against 93 tax personnel ISLAMABAD: The Federal Board of Revenue (FBR) has taken disciplinary action against 93 tax officials during 2022-23... Updated 08 Jan, 2024 09:44am
Print ATL data of two FBR wings do not match ISLAMABAD: The data of active income/ sales taxpayers of the Federal Board of Revenue (FBR) IT Wing and Inland... Updated 06 Jan, 2024 09:57am
Opinion Planning a non-austerity, pro-growth IMF programme In its April 2023 flagship World Economic Outlook (WEO) report, the International Monetary Fund (IMF) pointed out... Published 05 Jan, 2024 03:12am