FTO launches helpline to guide, facilitate taxpayers ISLAMABAD: The Federal Tax Ombudsman (FTO) office on Thursday launched helpline to guide and facilitate the ... Published 05 May, 2023 06:44am
Print Deregistration of deceased persons: FBR to issue new procedure on FTO’s directives ISLAMABAD: On the directions of the Federal Tax Ombudsman (FTO), the Federal Board of Revenue (FBR) will issue a new... Updated 30 Apr, 2023 09:28am
Print RRMC takes stock of economic situation ISLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar on Saturday chaired the meeting of... Updated 30 Apr, 2023 09:21am
Print FBR suffers shortfall of over Rs100bn in April ISLAMABAD: The Federal Board of Revenue (FBR) has suffered a massive shortfall of over Rs 100 billion during the... Updated 29 Apr, 2023 11:48am
Business & Finance LTO Lahore recovers Rs5.25bn from CPPA-G LAHORE: The Large Tax Office (LTO) Lahore has recovered Rs 5.25 billion from Central Power Purchasing Agency... Published 29 Apr, 2023 06:04am
Business & Finance Collection of govt duties, taxes: Banks to stay open on 29th & 30th KARACHI: Bank branches and field offices of SBP Banking Services Corporation (SBP-BSC) will remain open on 29th and... Published 27 Apr, 2023 06:24am
Print Action against errant taxmen: FBR fails to implement FTO’s key recommendation ISLAMABAD: The Federal Board of Revenue (FBR) has failed to implement a key recommendation by the Federal Tax... Updated 26 Apr, 2023 08:45am
Business & Finance PRA’s enforcement wing attracts allegations of dual taxation LAHORE: The enforcement wing of Punjab Revenue Authority (PRA) is accused of raising tax demands on account of... Published 20 Apr, 2023 06:30am
Print Govt fails to implement WB-recommended tax reforms ISLAMABAD: The government has failed to fully implement the World Bank recommended major tax reforms for enhancing... Updated 20 Apr, 2023 08:35am
Business & Finance EU plans to prevent taxpayer cash being used to save failing banks BRUSSELS: The European Union on Tuesday proposed making it harder for states to pour billions of euros of aid into ... Published 19 Apr, 2023 06:36am
Print FTO’s jurisdiction: IHC sets aside President’s order ISLAMABAD: The Islamabad High Court (IHC) has ruled that the President of Pakistan has misapplied the law to... Updated 17 Apr, 2023 08:47am
Business & Finance Punjab meets 74pc of revenue target LAHORE: The Punjab Revenue Authority (PRA) has collected 74% of the assigned target of Rs190 billion by collecting... Published 14 Apr, 2023 05:59am
Print World Bank ties recurrent budget shortfall to low fiscal revenue ISLAMABAD: Persistent low fiscal revenue is one of the drivers of Pakistan’s recurrent budget shortfall, as total... Updated 14 Apr, 2023 12:35pm
Business & Finance Appellate Tribunal Inland Revenue: KTBA concerned over non-appointment of chairman KARACHI: The Karachi Tax Bar Association (KTBA) has expressed concerns over the non-appointment of a new chairman ... Published 13 Apr, 2023 06:37am
Print 155,027 women filers appearing on ‘Active Taxpayers List’: FBR ISLAMABAD: A total of 155,027 women engaged in businesses/women entrepreneurs in Pakistan are filers of income tax... Updated 12 Apr, 2023 08:44am
Business & Finance Tax expert criticises FBR for removing taxpayers’ names from ATL PESHAWAR: A leading tax expert of KP, Muhammad Umair Zeb told Business Recorder on Sunday that Federal Board of... Published 10 Apr, 2023 06:45am
Business & Finance Public complaints, taxpayers’ cases: FTO concerned at FBR’s attitude ISLAMABAD: Federal Tax Ombudsman (FTO) has expressed grave concern over the cold blooded attitude of the Federal... Published 29 Mar, 2023 06:27am
Opinion There’s need for effective, harmonised ADR mechanism The taxation of income and revenue is a complex subject with voluminous laws promulgated to attend to its regulation... Updated 28 Mar, 2023 06:57am
Print Tax evasion: FBR admits it lacks capacity to analyse big data ISLAMABAD: The Federal Board of Revenue (FBR) has admitted that the tax machinery lacks the capacity to analyse big... Updated 28 Mar, 2023 08:46am
Business & Finance KTBA requests SRB to reverse ‘portal changes’ KARACHI: Karachi Tax Bar Association (KTBA) has requested the Sindh Revenue Board (SRB) to reverse the change made ... Published 28 Mar, 2023 06:21am
Business & Finance Refund settlement: FTO assails unilateral orders against taxpayers LAHORE: The Federal Tax Ombudsman (FTO) has maintained that passing any order related to refund settlement by tax... Published 28 Mar, 2023 06:21am
Print FBR to encourage taxpayers to adapt to ADRCs forum ISLAMABAD: The Federal Board of Revenue (FBR) will encourage taxpayers to adapt to the forum of Alternate Dispute... Updated 26 Mar, 2023 10:25am
Print SC says 50pc of deemed IT to be paid till adjudication of pending appeal ISLAMABAD: The Supreme Court granted interim order that only 50 per cent of the deemed income tax be paid at the... Updated 23 Mar, 2023 09:30am
Business & Finance FBR asks its LTOs, MTOs and RTOs to observe extended work hours ISLAMABAD: The Federal Board of Revenue (FBR) has directed all Large Taxpayer Offices (LTOs), Medium Tax Offices... Published 22 Mar, 2023 06:24am
Print Wealthy persons: FBR reluctant to give info about tax payments ISLAMABAD: The Federal Board of Revenue (FBR) is reluctant to disclose vital information regarding tax payments made... Updated 20 Mar, 2023 09:00am
Business & Finance Taxpayers exploiting FTO forum to defeat hierarchy of tax laws LAHORE: Taxpayers are exploiting the forum of Federal Tax Ombudsman (FTO) to defeat a complete mechanism and... Published 18 Mar, 2023 06:14am
Print Telecom sector: FBR to implement single ST return portal as pilot project ISLAMABAD: The Federal Board of Revenue (FBR) has decided to implement the single sales tax return portal initially... Updated 17 Mar, 2023 09:14am
Business & Finance Experts for imposition of tax on Toshakhana gifts on deemed income basis ISLAMABAD: Gifts including jewelry/gold received/purchased by politicians from Toshakhana should be charged to ... Published 17 Mar, 2023 06:16am
Business & Finance Cyclostyle replies against POS integration notices adding to miseries of taxpayers, dept LAHORE: Filing of cyclostyle replies against Point of Sale (POS) integration notices for Tier-1 Retailers (T-1Rs) ... Published 17 Mar, 2023 06:15am
Business & Finance Mobile Facilitation Stations: FBR opens major reform initiative ISLAMABAD: The Federal Board of Revenue (FBR) has launched a major reform initiative by enhancing its outreach... Published 14 Mar, 2023 03:18am