Business & Finance FBR creates new office for appeals in Islamabad ISLAMABAD: The Federal Board of Revenue (FBR) has created a new office of Commissioner Inland Revenue (Appeals-V),... Published 18 Jan, 2023 06:22am
Print New tax raising steps under consideration Proposed measures include increase in rates of withholding taxes, more indirect taxation, three percent flood levy on imports, and tax on banks’ foreign exchange income Updated 18 Jan, 2023 12:40pm
Business & Finance Chambers’ heads call for ‘industrial packages’ ISLAMABAD: Chambers of Commerce Presidents across Pakistan, Tuesday, urged that emergent measures be required to... Published 18 Jan, 2023 06:22am
Print State revenue: FTO directs FBR to implement effective mechanism ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to implement an effective... Updated 18 Jan, 2023 08:44am
Print Inputs: exporters promised hassle-free imports The government decides to help exporters import raw materials in order to meet their manufacturing requirements Updated 17 Jan, 2023 09:11am
Business & Finance President directs FBR to avoid ‘futile’ litigation ISLAMABAD: President Arif Alvi has confirmed the key recommendations of the Federal Tax Ombudsman (FTO) to the... Updated 16 Jan, 2023 09:41am
Print Rs550bn tax gap largely falls in five sectors: FBR ISLAMABAD: The huge sales tax gap of Rs 550 billion largely falls in food, beverages, tobacco, textile, wholesale... Updated 15 Jan, 2023 03:16pm
Business & Finance Digital lenders: SECP restricts issuance of minimum mandatory disclosures for borrowers ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has made it mandatory for the digital lenders,... Published 15 Jan, 2023 04:01am
Print Number of model collectorates raised to 35: FBR transfers, posts 25 Customs officials ISLAMABAD: The Federal Board of Revenue (FBR) has transferred and posted 25 officials of the Pakistan Customs ... Updated 15 Jan, 2023 10:04am
Pakistan Jul-Dec: Customs Karachi actions result in Rs10bn detections ISLAMABAD: The Chief Collector of Customs (Enforcement), Karachi on Friday informed that the enforcement and... Published 14 Jan, 2023 06:22am
Business & Finance FBR directed to withdraw notice of WHT monitoring to deceased ISLAMABAD: While disposing of a complaint, the Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue... Published 14 Jan, 2023 06:22am
Business & Finance SECP asks all Islamic FIs to ensure Shariah compliance ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has asked all Islamic financial institutions to... Updated 14 Jan, 2023 08:44am
Pakistan July-December 2022: Anti-smuggling activities in Karachi result in detections worth Rs10bn ISLAMABAD: Chief Collector of Customs (Enforcement), Karachi, on Friday said that the enforcement and anti-smuggling... Published 13 Jan, 2023 06:05am
Business & Finance Pakistan Customs launches ‘Linking International Values’ system ISLAMABAD: Directorate General Valuation (Customs), Karachi has launched LIVE (Linking International Values) system... Updated 13 Jan, 2023 08:52am
Business & Finance FBR starts virtual assessments of imported consignments ISLAMABAD: The Federal Board of Revenue (FBR) has started virtual assessments of imported consignments without... Published 12 Jan, 2023 05:51am
Business & Finance Procedure for turning usual financial institutions into Islamic ones explained ISLAMABAD: The Securities and Exchange Commission of Pakistan on Wednesday issued a detailed procedure for the... Published 12 Jan, 2023 05:51am
Print Income tax on salaried people: FBR identifies Rs28bn gap ISLAMABAD: The tax gap for income tax on salaried income is approximately Rs28 billion and non-salaried... Updated 12 Jan, 2023 10:43am
Business & Finance FBR paid 60-70pc rebate to exporters during 2022-23 ISLAMABAD: The Federal Board of Revenue (FBR) has automatically paid 60-70 percent of the customs duty drawback and... Updated 12 Jan, 2023 01:01pm
Business & Finance Import of green tea from Vietnam and China: DGCV Karachi revises Customs values ISLAMABAD: Directo-rate General of Customs Valuation Karachi has revised customs values on the import of green tea... Published 11 Jan, 2023 07:09am
Business & Finance 0.15m less containers arrived in Jul-Dec: FBR ISLAMABAD: A total of 0.55 million containers of importable goods/ commodities have reached Pakistan during the... Updated 11 Jan, 2023 08:54am