Print Finance Act challenged: Taxpayers pay Rs3bn court fees for 6,000 petitions against FBR ISLAMABAD: Taxpayers have paid huge amounts of Rs2.5 billion to Rs3 billion as fees for filing 6,000 petitions in... Updated 19 Mar, 2023 09:45am
Print Over 200 super rich people in Karachi: Recovery proceedings initiated ISLAMABAD: The government has initiated recovery proceedings against over 200 super-rich people of Karachi, who were... Updated 18 Mar, 2023 02:08pm
Print FBR issues negative list of 714 goods ISLAMABAD: The Federal Board of Revenue (FBR) has issued a list of 714 items on which input tax adjustment shall not... Updated 17 Mar, 2023 09:16am
Print Automated refunds: FBR to apply new risk parameters for processing ISLAMABAD: The Federal Board of Revenue (FBR) will apply new risk parameters for processing the automated sales tax... Updated 17 Mar, 2023 09:16am
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
Pakistan Corporate farming: Punjab BoR asked to hand over 45,267 acres of state land to army ISLAMABAD: The General Headquarters Lands Directorate has asked the Board of Revenue, Punjab to handover state lands... Published 17 Mar, 2023 06:16am
Business & Finance Sugar sector: FBR chief asks senior LTO Lahore team to maximise revenue ISLAMABAD: Federal Board of Revenue Chairman Asim Ahmad, Wednesday, directed the senior management of the Large... Published 16 Mar, 2023 06:01am
Business & Finance Import of goods from Uzbekistan: FBR allows concessionary/reduced rates of duty ISLAMABAD: The Federal Board of Revenue (FBR) has allowed concessionary/ reduced rates of customs duty, additional... Published 16 Mar, 2023 06:01am
Print FBR empowers collectors to issue refunds without any monetary limit ISLAMABAD: The Federal Board of Revenue (FBR) has empowered the Collectors of Customs to issue refunds of customs... Updated 15 Mar, 2023 08:50am
Business & Finance Customs launches PassTrack App for international passengers ISLAMABAD: Pakistan Customs has launched the PassTrack App to facilitate international passengers departing from or... Published 15 Mar, 2023 06:01am
Business & Finance Computerised arms licences: FBR asked to confirm sales tax chargeability ISLAMABAD: The Federal Tax Ombudsman (FTO) on Tuesday directed the Federal Board of Revenue (FBR) to confirm the... Published 15 Mar, 2023 06:01am
Business & Finance Unapproved digital lending apps/platforms: SECP stops NBFCs from collaborating ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has stopped the Non-Banking Finance Companies... Updated 14 Mar, 2023 09:23am
Business & Finance Single GST return system: FBR, provinces likely to discuss delay soon ISLAMABAD: The Federal Board of Revenue (FBR) and provinces are expected to sit together during the current week to... Published 14 Mar, 2023 03:18am
Print Submission of record: FBR issues names/categories of NPOs’ beneficial owners ISLAMABAD: The Federal Board of Revenue (FBR) has issued names/ categories of the beneficial owners of the... Updated 13 Mar, 2023 09:01am
Print LCs: govt likely to give steel sector big relief ISLAMABAD: The government is likely to give top priority to the steel sector products by allowing opening of the... Updated 13 Mar, 2023 09:11am
Print SS Sheet under PCT heading 7219.9090: FBR body rules against imposition of 20pc duty ISLAMABAD: The customs classification committee of the Federal Board of Revenue (FBR) has declared that the... Updated 12 Mar, 2023 09:55am
Business & Finance Ignoring grounds of appeals tantamount to maladministration: FTO ISLAMABAD: Federal Tax Ombudsman (FTO) has issued an important ruling that the act of non-consideration of all... Published 12 Mar, 2023 05:55am
Business & Finance ‘Taxpayers’ Satisfaction Survey (2023)’ 53pc of businesspeople file tax returns without any help ISLAMABAD: Around 53 percent of business community has filed their annual income tax returns without any help from... Updated 11 Mar, 2023 08:52am
Print FBR directs 96 big retailers to integrate with POS system ISLAMABAD: The Federal Board of Revenue (FBR) has directed 96 unregistered big retailers (Tier-1) to integrate them... Updated 11 Mar, 2023 08:52am