FATA residents fail to avail WHT exemption deduction by NSC LAHORE: Residents of the erstwhile Federally Administered Tribal Areas (FATA) have failed to avail exemption from... Published 07 Jan, 2024 02:43am
Opinion Withholding tax system: automation The economic topography of nations depends heavily on a robust revenue system, akin to the lifeblood sustaining its... Published 05 Jan, 2024 03:12am
Print ‘Implementation of ATIR’s orders’: President rejects appeal of LTO Islamabad ISLAMABAD: President Arif Alvi has rejected the stance of Large Taxpayer Office (LTO) Islamabad and declared that... Updated 01 Jan, 2024 09:21am
Print Non-filers: FBR to initiate punitive actions next month: chairman ISLAMABAD: Federal Board of Revenue (FBR) Chairman Amjed Zubair Tiwana Saturday said the blocking of mobile phone... Updated 31 Dec, 2023 09:50am
Print Forging ST returns of registered taxpayers: FTO directs FBR to take action against hackers ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to take action against... Updated 30 Dec, 2023 03:14pm
Print Beneficial owners of companies: PTBA urges FBR to extend deadline ISLAMABAD: The Pakistan Tax Bar Association (PTBA) has approached the Federal Board of Revenue (FBR) to extend date... Updated 30 Dec, 2023 10:12am
Print ‘Simultaneous’ probe of same taxpayer: IHC seeks explanation from FBR ISLAMABAD: Islamabad High Court (IHC) has directed the Federal Board of Revenue (FBR) to explain that how different... Updated 28 Dec, 2023 08:53am
Print ‘Notices to deceased persons’: PTBA urges FBR to upgrade its system ISLAMABAD: Pakistan Tax Bar Association of Pakistan (PTBA) has asked Federal Board of Revenue (FBR) to upgrade its... Published 28 Dec, 2023 04:52am
Print Number of active taxpayers reaches 5.3m mark ISLAMABAD: The number of active taxpayers (ATL) has reached 5.3 million as on December 26, 2023. It is learnt that... Updated 27 Dec, 2023 09:53am
Print $400m ‘Pakistan Raises Revenue’ project: World Bank rates implementation progress moderately satisfactory ISLAMABAD: The World Bank has rated the overall implementation progress of Pakistan Raises Revenue project of worth... Updated 26 Dec, 2023 09:11am
Opinion Non-disclosures & underperformance Ever year Federal Board of Revenue (FBR) as Revenue Division of Ministry of Finance (MoF), issues data relating to... Published 22 Dec, 2023 05:22am
Print Vying for public office: PTBA urges ECP to forestall tax non-compliant aspirants KARACHI: Pakistan Income Tax Bar Association (PTBA) has demanded the Election Commission of Pakistan (ECP) to... Updated 19 Dec, 2023 09:34am
Pakistan No coercive step can be taken against taxpayers prior to issuance of notice: LHC LAHORE: The Lahore High Court (LHC) has held that tax authorities cannot take coercive measures against taxpayers... Published 17 Dec, 2023 03:01am
Business & Finance Facilitation at business place: FTO directs FBR not to change jurisdiction of taxpayers ISLAMABAD: The Federal Tax Ombudsman (FTO) Wednesday issued a landmark order on jurisdiction of taxpayers and... Published 14 Dec, 2023 05:24am
Print FBR sets up body to resolve issue of pending refunds ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a committee for the resolution of pending income tax... Updated 14 Dec, 2023 09:55am
Business & Finance Faulty procedure of issuing show-cause notice: Sales tax dept misses tax collection opportunity LAHORE: The sales tax department missed the opportunity for tax collection because of a faulty procedure of issuing ... Published 07 Dec, 2023 04:35am
Editorials Nov economic update: discernable recovery EDITORIAL: The Finance Division as per practice uploaded the Monthly Economic Update and Outlook for November 2023... Published 06 Dec, 2023 04:27am
Business & Finance GDs inspections, PCAs: Material violations fall to 7pc from 8pc in 2022-23: World Bank ISLAMABAD: The material violations detected from custom inspection and audits decreased from eight percent in... Updated 06 Dec, 2023 08:42am
Opinion Things seem to be getting better now Not only has the clarity about country’s economic indicators, including an increase in foreign exchange reserves ... Published 05 Dec, 2023 03:01am
Business & Finance FTO asks FBR to review ED regime ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to review whole regime of... Updated 01 Dec, 2023 09:12am
Pakistan FIR registered against ex-CEO DRAP ISLAMABAD: The Federal Investigation Agency (FIA) Islamabad has registered an FIR against ex-CEO Drug Regulatory... Published 24 Nov, 2023 05:29am
Print FBR-Nadra body tasked to broaden tax base ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday constituted a high-level technical committee of National... Updated 24 Nov, 2023 09:18am
Pakistan Directorate of I&I: ‘IOs not following SOPs for issuing call-up notices to money launderers’ LAHORE: The Investigating Officers (IOs) of the Directorate of Intelligence and Investigation (I&I) Inland... Published 23 Nov, 2023 03:19am
Print Non-filers: DTOs authorised to disconnect utility connections ISLAMABAD: The government on Friday established 145 District Tax Offices (DTOs) across the country for bringing 1.5... Updated 18 Nov, 2023 08:48pm
Opinion IMF review & state of economy I expect an agreement on the review to come within this week, so, any day now. I can say that Pakistani authorities,... Updated 17 Nov, 2023 06:31am
Print Wrong computation of tax liability: FTO asks FBR to refund excess income tax to taxpayers ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Jah has directed the Federal Board of Revenue (FBR) to refund the... Updated 15 Nov, 2023 09:50am
Business & Finance PM urged to extend income tax return filing deadline ISLAMABAD: Tax advisers and tax experts have filed an appeal with the caretaker Prime Minister, Anwar-ul-Haq Kakar,... Published 11 Nov, 2023 06:30am
Print Tax experts explain how FBR implements orders issued by courts ISLAMABAD: Tax experts have alleged that the Federal Board of Revenue (FBR) implements court orders in favour of the... Updated 07 Nov, 2023 09:18am
Print Sections 111, 122 of Income Tax Ordinance: FBR cannot issue combined notice to taxpayer: IHC ISLAMABAD: Islamabad High Court (IHC) has ruled that the Federal Board of Revenue (FBR) cannot issue a combined... Updated 04 Nov, 2023 09:23am
Print Shamshad urged to extend tax returns filing deadline ISLAMABAD: Tax practitioners, tax advisers, chartered accountants and tax experts have requested caretaker Finance... Updated 02 Nov, 2023 10:01am