Print IT exports: Finance Bill recommendations seen as sure recipe for disaster ISLAMABAD: Freelancers, individuals, association of persons (AOPs), companies may end up paying tax within the range... Updated 13 Jun, 2022 11:22am
Print FBR links Rs7004bn revenue collection to economic health, better enforcement ISLAMABAD: The Federal Board of Revenue (FBR) has said that the achievement of the Rs7,004 billion revenue ... Published 12 Jun, 2022 06:55am
Print Fixed Tax Scheme: 2.5m retailers to be brought into tax net ISLAMABAD: Federal Board of Revenue (FBR) Chairman Asim Ahmad on Saturday said the FBR has estimated to bring 2.5... Published 12 Jun, 2022 06:55am
Print Finance Bill 2022: Rate of proposed tax on deemed rental income to be 20pc Proposed tax on deemed income from an unutilised property above Rs25 million not applicable on land where agriculture activity is carried out Updated 12 Jun, 2022 03:00pm
Print FBR unveils Tax Expenditure Report: Cost of tax exemptions ‘much higher’ ISLAMABAD: Pakistan has a tax expenditure (cost of tax exemptions) equal to 2.8 percent of the Gross Domestic ... Updated 12 Jun, 2022 11:00am
Print 10pc Regulatory Duty imposed on MS import The Finance Bill proposes to add various penalties for unauthorized access to information Updated 11 Jun, 2022 10:14am
Print FED on cigarettes and air travel enhanced ISLAMABAD: The Federal Board of Revenue (FBR) has raised the Federal Excise Duty (FED) on cigarettes and air travel... Published 11 Jun, 2022 06:41am
Print Lower income salaried class gets tax relief ISLAMABAD: A major relief has been provided to the lower income salaried class taxpayers by increasing the basic tax... Published 11 Jun, 2022 06:41am
Print Rs440bn taxation measures taken ISLAMABAD: The government has taken taxation measures of Rs440 billion and enforcement measures of Rs200 billion in... Published 11 Jun, 2022 06:41am
Budget 2022-23 Supplies to unregistered persons: CNIC condition waived ISLAMABAD: The government through Finance Bill 2022 has withdrawn the condition to provide information of the... Published 11 Jun, 2022 06:41am
Print Charitable hospitals’ supplies get ST relief ISLAMABAD: The federal government has restored the exemption of general sales tax on local supplies to charitable... Updated 11 Jun, 2022 10:21am
Business & Finance FBR releases Tax Expenditure Report 2022 ISLAMABAD: The Federal Board of Revenue (FBR) on Friday released the Tax Expenditure Report 2022, revealing that the... Published 11 Jun, 2022 06:14am
Business & Finance Allegations of bid rigging in Discos’ tenders: CCP starts probe against suspected steel cartel ISLAMABAD: The Competition Commission of Pakistan (CCP) has launched an investigation against a suspected cartel of... Updated 10 Jun, 2022 06:59am
Business & Finance Economic Survey: Indirect taxes account for 60pc of FBR’s total collection ISLAMABAD: The indirect taxes (sales tax, customs duty, and Federal Excise Duty) contribution is over 60 percent of... Published 10 Jun, 2022 06:16am
Print Tax exemptions cost govt over Rs1.757trn ISLAMABAD: The total tax exemptions, concessions and special tax treatments to various businesses,... Updated 10 Jun, 2022 09:22am
Business & Finance T-Bill auctions: CMA CEO asked to assist CCP in probe ISLAMABAD: The Competition Commission of Pakistan (CCP) has initiated an inquiry into the collusive behaviour in the... Published 09 Jun, 2022 06:18am
Print Import of equipment for recycling projects: Budget likely to come up with some tax relief ISLAMABAD: The government is expected to announce tax relief measures in the budget (2022-23) on the import of... Updated 09 Jun, 2022 09:56am
Business & Finance Pharmaceutical sector: Govt considering removing distortion in ST regime ISLAMABAD: The government is considering removing distortion in the sales tax regime for the pharmaceutical sector ... Published 09 Jun, 2022 06:18am
Print Budget 2022-23: Number of withholding taxes to be abolished or reduced ISLAMABAD: A number of withholding taxes would be abolished or reduced in the upcoming budget (2022-23), it is... Updated 09 Jun, 2022 11:07am
Pakistan Desk-audit of 393,441 individuals, AOPs: FTO directs FBR to give justification ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to give justification for the... Published 08 Jun, 2022 08:30am