Print Supply of coal to power houses: 100pc tax credit given to miners in Sindh ISLAMABAD: The Federal Board of Revenue (FBR) has allowed 100 per cent tax credit to persons engaged in coal mining... Updated 30 Jul, 2024 09:31am
Print Stock market-linked Mutual Funds: SECP concerned about lack of investors’ interest ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has expressed serious concern that the stock... Updated 30 Jul, 2024 09:30am
Print ‘Transfer to admin pool’: SHC suspends FBR notification ISLAMABAD: The Sindh High Court (SHC) has suspended a notification of the Federal Board of Revenue (FBR) to transfer... Updated 30 Jul, 2024 09:30am
Print Tax refund cases: LHC bars FIA from taking steps against FBR officers ISLAMABAD: The Lahore High Court (LHC) has barred Federal Investigation Agency (FIA) from taking coercive measures... Updated 29 Jul, 2024 10:02am
Business & Finance Income tax refunds: Company says taxmen never demanded gratification ISLAMABAD: A company being assessed at Large Taxpayer Office (LTO) Lahore has informed the Federal Investigation... Published 29 Jul, 2024 06:37am
Print Negligent sales tax withholding agents to face huge penalties ISLAMABAD: The Federal Board of Revenue (FBR) will impose huge penalties as well as default surcharge on sales tax... Updated 28 Jul, 2024 09:52am
Print Passport printing: Customs asked to clear ink cartridges ISLAMABAD: A crisis of passport printing would take place in the country in case the Islamabad Customs department... Updated 28 Jul, 2024 09:52am
Print Recycled copper: Exporters allowed cut in value of input goods ISLAMABAD: The exporters of the recycled copper sector have been allowed a reduction in the value of input goods to... Updated 28 Jul, 2024 09:45am
Print SECP survey: Digital insurance premiums show dismal picture ISLAMABAD: The total premiums for insurance distributed through digital channels stood at Rs842 million in 2023... Updated 27 Jul, 2024 09:17am
Business & Finance Pakistan’s incidence of tax on salaried class 3 times higher than India’s: PBC A comparison... Published 27 Jul, 2024 06:16am
Print Diplomats, privileged persons and entities: Conditional exemption of FED available on imports ISLAMABAD: The exemption of federal excise duty would be available on the imports made by diplomats, diplomatic... Updated 26 Jul, 2024 08:51am
Print ‘Tax fraud’ definition expanded under revised Sales Tax Act 1990 ISLAMABAD: The “tax fraud” would cover any person, who would make taxable supplies without getting sales tax... Updated 26 Jul, 2024 09:40am
Print 25pc tax slapped on imported mobile phones in CBU condition Updated Sales Tax Act reveals 25 percent sales tax would be charged on the import of mobile phones or satellite phones on the basis of import value (exceeding USD 500) per set, or equivalent value in rupees in case of supply by the manufacturer Updated 25 Jul, 2024 01:21pm
Business & Finance FTO voices concern over delay in release of imported vehicle ISLAMABAD: The Federal Tax Ombudsman (FTO) has expressed serious concern over delay in the release of an imported... Published 25 Jul, 2024 06:24am
Pakistan Islamabad’s posh areas: Shops now required to pay huge amounts of tax ISLAMABAD: The monthly tax of shops located in posh areas like Jinnah Super (Market F-7) Islamabad has been fixed at... Published 24 Jul, 2024 06:53am
Business & Finance G-B court’s order: Over Rs3bn per annum revenue through imports from China at stake? ISLAMABAD: The Federal Board of Revenue’s tax collection of over Rs 3 billion per annum from imports from China is... Published 24 Jul, 2024 06:32am
Business & Finance Customs officers waiting for posting for 3 years placed in ‘admin pool’? ISLAMABAD: The Federal Board of Revenue (FBR) has not found appropriate to initiate action against any of the tax... Published 24 Jul, 2024 05:38am
Business & Finance Monthly tax payment rates for small traders notified ISLAMABAD: The Federal Board of Revenue (FBR) late Monday night notified fixed monthly tax payment rates for small... Published 23 Jul, 2024 06:55am
Business & Finance SECP amends Third Schedule: Securities brokers classified as ‘PIC’ ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has classified securities brokers having ... Published 23 Jul, 2024 06:34am
Print LHC suspends operation of SRO 350 (I)/2024 ISLAMABAD: Lahore High Court (LHC) has suspended operation of SRO 350(I)/2024 and directed the Federal Board of... Updated 22 Jul, 2024 08:29am