Business & Finance Year-on-year: Number of complaints against FBR has doubled: FTO ISLAMABAD: The total number of complaints filed by taxpayers with the Federal Tax Ombudsman (FTO) against the ... Published 06 Jul, 2023 05:42am
Business & Finance PALSP criticises ‘dual tax system’ ISLAMABAD: The Pakistan Association of Large Steel Producers (PALSP) has raised strong concerns over ‘unfair and... Published 06 Jul, 2023 05:42am
Print Sale and purchase of immovable properties: FBR implements revised rates of withholding tax ISLAMABAD: The Federal Board of Revenue (FBR) from July 1, 2023, implemented upward revised rates of withholding... Updated 05 Jul, 2023 08:53am
Print Fraudulent clearances of imported goods: FBR sets up fact-finding committee ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a three-member fact-finding committee to probe... Updated 05 Jul, 2023 08:58am
Business & Finance From one customs field formation to another: FBR empowered to transfer investigations of criminal cases ISLAMABAD: The Federal Board of Revenue (FBR) has been empowered to immediately transfer the investigation of... Published 04 Jul, 2023 05:07am
Print Value of Rs5m or more: 3pc advance tax to be collected on registration of EVs ISLAMABAD: The advance tax at the rate of 3 percent would be collected at the time of registration of electric... Updated 04 Jul, 2023 09:11am
Print Tax on windfall profits: FBR to face legal complications ISLAMABAD: The Federal Board of Revenue (FBR) will face legal complications to collect new tax on windfall profits... Updated 03 Jul, 2023 08:59am
Print Erstwhile tribal areas: Tax, duty exemption extended by one year ISLAMABAD: The government has granted one-year extension in exemption from duties and taxes for the erstwhile tribal... Updated 03 Jul, 2023 08:55am
Print New Rs438bn taxation measures enforced Sales tax has been increased from 12 per cent to 15 per cent on supplies made by POS retailers dealing in leather and textile products from July 1, 2023 Updated 02 Jul, 2023 03:17pm
Print Income of shareholder of company: 10pc tax paid on bonus shares to be ‘final tax’ ISLAMABAD: Ten percent tax paid on bonus shares would be the “final tax”, on the income of the shareholder of the... Updated 02 Jul, 2023 03:17pm
Print Number of income tax return filers crosses 4m mark ISLAMABAD: The latest number of income tax return filers as per the Active Taxpayers List (ATL) now stands at over 4... Updated 29 Jun, 2023 03:24pm
Print Shares transactions of listed cos: Procedure of capital gain on disposal of securities to remain applicable ISLAMABAD: The procedure of capital gain on disposal of securities will remain applicable on transactions of shares... Updated 29 Jun, 2023 03:25pm
Print ‘Customs budget notifications’ issued by FBR ISLAMABAD: The Federal Board of Revenue (FBR) has implemented customs budgetary measures including raise in... Updated 28 Jun, 2023 09:00am
Print ‘Tax on Deemed Income basis’ on immovable properties: Exemption only for persons appearing on Active Taxpayers’ List ISLAMABAD: The exemption from payment of “Tax on Deemed Income basis” on immovable properties would only be... Updated 28 Jun, 2023 09:00am
Business & Finance Erstwhile tribal areas: One-year extension in exemption of taxes withdrawn ISLAMABAD: The Finance Act 2023 has withdrawn one-year extension in exemption from duties and taxes for the ... Published 28 Jun, 2023 06:31am
Business & Finance Islamabad Capital Territory: FBR to charge 15pc ST on electric power transmission services ISLAMABAD: The Federal Board of Revenue (FBR) will charge 15 percent sales tax on Electric Power Transmission... Published 28 Jun, 2023 06:31am
Business & Finance Duties and taxes for erstwhile tribal areas: One-year extension in exemption withdrawn ISLAMABAD: Finance Act 2023 has withdrawn one-year extension in exemption from duties and taxes for the erstwhile... Published 27 Jun, 2023 06:15am
Business & Finance DI&IR Lahore detects ‘tax fraud’ by a company ISLAMABAD: Directorate of Intelligence & Investigation (IR) Lahore has detected a tax fraud committed by a... Published 27 Jun, 2023 06:15am
Business & Finance New advance tax imposed on construction, residential businesses ISLAMABAD: Finance Act 2023 has imposed a new advance tax on the construction, development and disposal of ... Published 27 Jun, 2023 06:15am
Print Advance tax on registration of vehicles above 2000cc hiked ISLAMABAD: The government has increased the advance income tax on the registration of vehicles above 2000cc under... Updated 26 Jun, 2023 12:53pm