Business & Finance Country faces significant insurance protection challenges: SECP ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has warned that Pakistan is facing significant... Published 06 Aug, 2024 06:40am
Business & Finance Registered persons: Commissioner IR authorised to conduct GST audit ISLAMABAD: The Commissioner, Inland Revenue has been authorized to conduct sales tax audit of any registered person.... Published 06 Aug, 2024 06:40am
Print E-compliance for real-time integration: Taxpayers including those in 14 business categories will have to pay heavy cost ISLAMABAD: Taxpayers including those in 14 categories of business enterprises would have to pay heavy cost for... Updated 05 Aug, 2024 10:37am
Print Govt mulling raising GST on tractors to 14pc ISLAMABAD: The federal government is planning to raise sales tax on tractors from 10 to 14 percent. In the last... Updated 04 Aug, 2024 09:53am
Print Deductions, tax credits to salaried class, pensioners: FTO directs FBR, AGPR and AG Sindh to allow adjustment ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR), Accountant General of... Updated 04 Aug, 2024 10:10am
Business & Finance Names under circulation for FBR chief slot ISLAMABAD: Some names are under circulation as new Federal Board of Revenue (FBR) Chairman, said sources. They... Published 04 Aug, 2024 02:47am
Print SECP commissioners’ interview: Selection body reconstituted ISLAMABAD: Ministry of Finance has reconstituted selection committee for conducting interviews of short-listed... Updated 03 Aug, 2024 08:27am
Business & Finance Insurance pool: SECP to liaise with Centre and provinces ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has decided to carry out technical engagements... Published 02 Aug, 2024 05:55am
Print Conditions for GST payment, tax returns relaxed ISLAMABAD: The Federal Board of Revenue (FBR) has relaxed conditions for sales taxpayers and requirement to file... Updated 02 Aug, 2024 09:45am
Print Rs3bn more than target: Provisional collection exceeds Rs659bn in July ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected over Rs659 billion in July 2024 against... Updated 01 Aug, 2024 09:48am
Print Auction for serviceable old cars: No 18pc GST if tax paid at import stage: FBR ISLAMABAD: The Federal Board of Revenue (FBR) will not charge 18 percent sales tax on auction of serviceable old and... Updated 01 Aug, 2024 09:20am
Print FBR tells banks: Only bad debts classified as loss are expense ISLAMABAD: The Federal Board of revenue (FBR) has conveyed to banks that only bad debts classified as loss... Updated 31 Jul, 2024 09:29am
Business & Finance Petroleum products into sales Tax exemption: Change of status of zero-rating to benefit FBR worth Rs20bn ISLAMABAD: The change of status of zero-rating of petroleum products into sales tax exemption would benefit Federal... Published 31 Jul, 2024 06:40am
Business & Finance Sales tax registered persons: Deadline extended for biometric re-verification ISLAMABAD: The Federal Board of Revenue (FBR) has extended deadline up to August 31, 2024 for sales tax registered... Updated 31 Jul, 2024 09:21am
Print Acquired on or after July 1, 2024: No holding period for immovable properties: FBR ISLAMABAD: The concept of holding period has been done away with for immovable properties acquired on or after July... Updated 31 Jul, 2024 11:36am
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 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 Phasing out incentives for SEZs not so easy ISLAMABAD: Despite an International Monetary Fund (IMF) statement indicating government assurance to phase-out... Updated 30 Jul, 2024 03:05pm
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
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points