Business & Finance 5 types of cement: CCP issues policy note to amend ‘PSS’ ISLAMABAD: The Competition Commission of Pakistan (CCP) has issued a crucial policy note to the Ministry of Science... Published 17 Apr, 2024 05:28am
Print Petroleum products: Foreign suppliers allowed to maintain inventories in bulk ISLAMABAD: The Federal Board of Revenue (FBR) on Monday allowed foreign suppliers of petroleum products to maintain... Updated 16 Apr, 2024 08:45am
Print Multiplicity of taxes heavily burdening industrial sector Claim by the manufacturing sector is that while their share in Gross Domestic Product (GDP) is 20 percent yet their contribution in taxes is over 60 percent Updated 15 Apr, 2024 09:41pm
Print Falling within definition of ‘capital equipment’: Firefighting equipment entitled to duty, GST exemption: SHC ISLAMABAD: The Sindh High Court (SHC) has declared that the firefighting equipment, which falls within the ... Updated 14 Apr, 2024 10:42am
Print Submersible motors import: new customs’ values fixed ISLAMABAD: The Directorate General of Customs Valuation Karachi has revised customs values on the import of... Updated 13 Apr, 2024 09:12am
Print Customs’ values on import of branded potato chips revised upward ISLAMABAD: Directorate General of Customs Valuation Karachi has upward revised customs values on the import of a... Updated 10 Apr, 2024 02:18pm
Print Dividends payable to US firm: SC helps settle row over rebate against supertax ISLAMABAD: The Supreme Court of Pakistan has settled the controversy regarding the rebate available against supertax... Updated 10 Apr, 2024 09:49am
Print Chocolate ingredient: 20pc customs duty imposed on import ISLAMABAD: The Customs classification committee of the Federal Board of Revenue (FBR) has imposed a 20 percent... Updated 09 Apr, 2024 09:45am
Print FBR finalises draft Tax Law (First Amendment) Ord ISLAMABAD: The Tax Law (First Amendment) Ordinance 2024 has proposed that the appeals filed before the Appellate... Updated 08 Apr, 2024 08:38am
Print Provincial GST on franchise fee, air travel: FBR decides to expedite cases in high courts ISLAMABAD: The Federal Board of Revenue (FBR) has decided to expedite cases in high courts where taxpayers have... Updated 07 Apr, 2024 09:31am
Print ‘Coordinated price fixation’: CCP issues show-cause notices to urea producers ISLAMABAD: An inquiry conducted by the Competition Commission of Pakistan (CCP) has shed light on the profitability,... Updated 07 Apr, 2024 12:06pm
Business & Finance Finance Bill 2024: major changes likely in IR Statutes ISLAMABAD: The Finance Bill 2024 will issue major changes in Inland Revenue Statutes for Harmonization and... Updated 06 Apr, 2024 08:47am
Print FBR approaches AGP for early fixation of cases ISLAMABAD: The Federal Board of Revenue (FBR) has approached Attorney General for Pakistan for early fixation of... Updated 05 Apr, 2024 09:25am
Business & Finance FTO takes notice of illegal recovery by FBR ISLAMABAD: The Federal Tax Ombudsman (FTO) has taken notice of an illegal tax recovery by the Federal Board of... Published 05 Apr, 2024 04:50am
Print Excellence Award: FBR announces privileges, concessions for top taxpayers ISLAMABAD: The Federal Board of Revenue (FBR) has announced privileges/concessions for the top taxpayers, who... Updated 05 Apr, 2024 09:57am
Business & Finance Huge operation in AJK against tax evasion in cigarette industry ISLAMABAD: Joint teams of Azad Jammu & Kashmir’s excise and taxation department and police have conducted... Published 05 Apr, 2024 04:50am
Pakistan Multipurpose terminal: KGTL aims to invest $75m ISLAMABAD: The terminal operator (KGTL) Karachi aims to make investment totaling US$75 million in the multipurpose... Published 04 Apr, 2024 04:56am
Print Probe into slow-moving TTS: Termination of present vendor also an option ISLAMABAD: An inquiry committee constituted by the Prime Minister to investigate the Track and Track System (TTS)... Updated 04 Apr, 2024 09:06am
Pakistan Release of machine by customs: IHC upholds President’s and FTO’s decision ISLAMABAD: The Islamabad High Court has upheld the President’s and Federal Tax Ombudsman’s decision directing... Published 03 Apr, 2024 05:29am
Print MTL barred from selling tractors to any third party ISLAMABAD: The Chief Justice of Sindh High Court (SHC) has stopped a leading tractor manufacturer from selling 954... Updated 03 Apr, 2024 09:47am