Jan-Oct 2023: FTO disposes of 6,703 cases ISLAMABAD: The Federal Tax Ombudsman (FTO) has disposed of 6,703 cases of taxpayers filed against the Federal Board... Published 01 Nov, 2023 05:57am
Business & Finance Recovery under Section 7E: No coercive steps against taxpayers subject to 50pc payment: SHC ISLAMABAD: The Sindh High Court (SHC) has issued a restraining order for not taking any coercive measure against... Published 31 Oct, 2023 05:26am
Print Salaried individuals: No proposal to change current exemption threshold: FBR ISLAMABAD: The Federal Board of Revenue (FBR), Wednesday, informed the Senate Standing Committee on Finance that no... Updated 26 Oct, 2023 09:49am
Business & Finance ‘Tax authorities have failed to issue supplementary show-cause notice’ LAHORE: Tax authorities allegedly fail to issue supplementary show-cause notice in case taxpayers raise new factual... Published 26 Oct, 2023 06:08am
Print Removal of anomalies in valuation tables: FTO directs FBR to activate ‘DGIP’ ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to immediately activate... Updated 25 Oct, 2023 09:22am
Editorials SBP report is perhaps a little wanting in charm EDITORIAL: The State Bank of Pakistan’s (SBP’s) annual report 2022-23 uploaded on its website on Monday, ... Published 25 Oct, 2023 06:19am
Print Recovery of CVT under Finance Act 2022: Taxmen’s orders are without jurisdiction: former FBR chief ISLAMABAD: All the orders passed by the taxation officers/Inland Revenue officers for the recovery of Capital Value... Updated 24 Oct, 2023 09:38am
Print FTO summons FBR officials for ignoring tax-related queries Islamabad: The Federal Tax Ombudsman (FTO) has summoned Member Inland Revenue (Operations) Federal Board of Revenue... Updated 23 Oct, 2023 09:03am
Print FBR, Nadra agree to exchange taxpayers’ data ISLAMABAD: The Federal Board of Revenue (FBR) and the National Database and Registration Authority (Nadra) have... Updated 20 Oct, 2023 09:02am
Print ERS or STARR system: Taxpayers allowed to file non-export-related GST refunds ISLAMABAD: The Federal Board of Revenue (FBR) has allowed taxpayers to file non-export-related sales tax refunds,... Updated 19 Oct, 2023 09:36am
Business & Finance LTO Islamabad directs banks to attach USC accounts ISLAMABAD: Large Taxpayer Office (LTO) Islamabad has directed banks to attach bank accounts of the Utility Stores... Published 18 Oct, 2023 06:09am
Print Taxpayers’ queries: FTO concerned at FBR Member’s lack of response ISLAMABAD: Federal Tax Ombudsman (FTO) has regretted that the Federal Board of Revenue (FBR) Member Legal has wasted... Updated 17 Oct, 2023 08:29am
Print I&I-IR detects illegal adjustments of Rs70bn input tax ISLAMABAD: The Directorate General Intelligence and Investigation Inland Revenue (I&I-IR)’s national... Updated 15 Oct, 2023 09:37am
Editorials Sheer blackmail EDITORIAL: With revenue-specific conditions of the IMF programme necessitating a progressive revision of the tax... Published 14 Oct, 2023 05:32am
Business & Finance Money laundering: ‘Taxpayers prefer to challenge jurisdiction of income tax department’ LAHORE: Taxpayers involved in money laundering prefer to challenge the jurisdiction of the income tax department... Published 14 Oct, 2023 05:32am
Print FBR to field DTOs to identify new taxpayers ISLAMABAD: The Federal Board of Revenue (FBR) plans to depute District Taxation Officers Inland Revenue across... Updated 09 Oct, 2023 09:44am
Pakistan Orders that may affect taxpayers: SC asks FBR to gazette, display on website ISLAMABAD: The Supreme Court (SC) has ordered the Federal Board of Revenue (FBR) to gazette all notifications,... Updated 05 Oct, 2023 09:39am
Opinion Improving tax compliance The caretaker government has set up a tax reforms taskforce to come up with recommendations to close the ‘tax... Published 03 Oct, 2023 06:02am
Business & Finance FBR confirms tax return filing deadline extended by 1 month The Federal Board of Revenue (FBR) on Saturday said the date of date of filing income tax returns for Tax Year 2023... Published 30 Sep, 2023 11:54pm
Business & Finance Banks to collect govt receipts, taxes on 30th: SBP KARACHI: The State Bank of Pakistan (SBP) has announced opening of bank branches for collection of government... Published 29 Sep, 2023 06:24am
Print Tax return filing deadline likely to be extended by 1 month ISLAMABAD: The Federal Board of Revenue (FBR) may grant a one-month extension in filing of income tax return forms,... Updated 29 Sep, 2023 09:56am
Business & Finance Sept tax collection up by Rs20bn in 28 days ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected over Rs 815 billion in the first 28 days ... Published 29 Sep, 2023 06:24am
Business & Finance FBR should provide 90 days for submission of tax returns: PTBA LAHORE: The Pakistan Tax Bar Association (PTBA) has demanded that the chairman of the Federal Board of Revenue ... Published 29 Sep, 2023 06:24am
Pakistan SC tells FBR: All notifications must be gazetted and placed on website ISLAMABAD: The Supreme Court has directed the Federal Board of Revenue (FBR) to ensure that all its notifications... Published 28 Sep, 2023 05:33am
Print IRIS system’s capacity enhanced: Up to 0.6m taxpayers to file tax returns on a daily basis ISLAMABAD: The Federal Board of Revenue (FBR) has enhanced the capacity of the IRIS system enabling 0.5-0.6 million... Updated 28 Sep, 2023 10:20am
Print FTO orders: FBR devises new strategy for filing review pleas ISLAMABAD: The Federal Board of Revenue (FBR) has devised a new strategy for filing of review petitions/... Updated 26 Sep, 2023 08:43am
Print Identifying new taxpayers: Shamshad seeks data of electricity users ISLAMABAD: The caretaker Minister for Finance and Revenue, Dr Shamshad Akhtar, has sought updated data of... Updated 25 Sep, 2023 09:31am
Business & Finance FBR urged to extend income tax return deadline ISLAMABAD: Tax bar associations, chartered accountant firms, tax advisers and tax experts have approached the... Updated 25 Sep, 2023 09:15am
Print COAS pledges unwavering support: Ministries tasked to prepare targeted economic revival plan ISLAMABAD: The federal government has tasked all ministries to prepare a comprehensive economic revival plan with... Updated 24 Sep, 2023 01:18pm
Business & Finance FBR asked to extend date for filing tax returns PESHAWAR: Business community has demanded of the Federal Board of Revenue (FBR) to extend the date for filing income... Published 24 Sep, 2023 03:21am
