Print Budgetary measures: FBR issues notifications ISLAMABAD: The Federal Board of Revenue (FBR) has issued notifications for the implementation of the budgetary... Updated 02 Jul, 2022 09:51am
Business & Finance Capital assets: Tax on deemed income applicable to TY22, onwards ISLAMABAD: The Finance Act 2022 has clarified that the tax on deemed income would be applicable for Tax Year 2022... Updated 02 Jul, 2022 12:12pm
Business & Finance Global money transfers: ECs to deduct tax on payment of fee to operators ISLAMABAD: Every exchange company licensed by the State Bank of Pakistan (SBP) shall deduct tax at the time of ... Updated 02 Jul, 2022 09:34am
Pakistan Seizure of smuggled goods, non-duty paid vehicles: FBR to give cash rewards to LEAs officials ISLAMABAD: The Federal Board of Revenue (FBR) has decided to give cash rewards to the officials of other law... Published 01 Jul, 2022 07:39am
Pakistan Cigarette makers launch illegal promotion campaigns ISLAMABAD: Local cigarette manufacturers have launched illegal cigarette promotion campaigns to encourage young... Published 01 Jul, 2022 06:13am
Pakistan President gives assent to Finance Act, 2022 ISLAMABAD: President Arif Alvi has given assent to the Finance Act, 2022, to enforce taxation and relief measures ... Published 01 Jul, 2022 06:13am
Print FBR exceeds upward revised collection target ISLAMABAD: The Federal Board of Revenue (FBR) has collected net revenue of Rs6,125 billion during the whole fiscal... Updated 01 Jul, 2022 11:03am
Business & Finance FBR expands scope of definition of IT, IT-enabled services ISLAMABAD: The Federal Board of Revenue (FBR) has expanded the scope of the definition of IT and IT-enabled ... Published 01 Jul, 2022 06:13am
Print 15 sectors: 10pc supertax imposed on income exceeding Rs300m ISLAMABAD: The amended Finance Bill 2022 has imposed a 10 percent supertax for the Tax Year 2022 on persons... Updated 30 Jun, 2022 10:44am
Business & Finance FTO directs FBR to settle refund claim of complainant ISLAMABAD: The Federal Tax Ombudsman (FTO), while disposing of the complaint of a customer of the telecom company ... Published 30 Jun, 2022 06:07am
Business & Finance Removal of goods without payment of duty: FTO unearths containers clearance scam ISLAMABAD: The Federal Tax Ombudsman (FTO) has unearthed a scam of removal of non-duty paid goods in the garb of... Published 30 Jun, 2022 06:07am
Business & Finance Manufacturers given Oct 1 deadline: Tax stamps, UIMs needed for removing cement bags from factory: FBR ISLAMABAD: The Federal Board of Revenue (FBR) has directed the cement manufacturers not to remove cement bags from... Published 29 Jun, 2022 07:27am
Print Finance bill further amended Amended bill 2022 may reduce 17 per cent sales tax to only one per cent on the import of active pharmaceutical ingredients with continuation of the zero-rating scheme on local sales Updated 29 Jun, 2022 10:34am
Print FBR set to achieve Rs6.1trn revised tax collection target ISLAMABAD: The Federal Board of Revenue (FBR) is all set to achieve the upward revised target of Rs6,100 billion for... Updated 29 Jun, 2022 09:41am
Business & Finance FBR forms body to implement IR strategic reform plan ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a Steering Committee for implementation of Inland... Published 28 Jun, 2022 07:13am
Business & Finance FBR asks Nadra to improve profiles of non-filers ISLAMABAD: The Federal Board of Revenue (FBR), Monday, conveyed to the National Database and Registration Authority... Published 28 Jun, 2022 06:10am
Business & Finance Federal Capital: Majority of restaurants, eateries involved in ST evasion ISLAMABAD: A majority of restaurants and eateries in the federal capital are involved in massive sales tax evasion... Updated 28 Jun, 2022 02:13pm
Print NA: Amendments to finance bill may be presented today Amendments are still being given a final shape Updated 28 Jun, 2022 09:57am
Pakistan Case of changing status of taxpayer: IHC issues notice to CIR at LTO Islamabad ISLAMABAD: Islamabad High Court (IHC) has issued a notice to Commissioner Inland Revenue (CIR), Large Taxpayer ... Published 27 Jun, 2022 07:05am
Print Supertax: Miftah asks ‘why so much consternation?’ ISLAMABAD: Finance Minister Miftah Ismail has said that the government has imposed supertax on the factories owned... Updated 27 Jun, 2022 10:09am