Pakistan Punjab: maximum temperature remains below 40C in May LAHORE: The maximum temperature remained below 40C during May throughout Punjab. Still, it could touch 44C just once... Published 26 May, 2023 06:48am
Business & Finance Inland Revenue department: Customs authorities accused of interfering in the domain LAHORE: Customs authorities are accused of interfering the domain of Inland Revenue department by issuing notices ... Published 25 May, 2023 06:26am
Pakistan In some cases, policyholders’ nominees found to be committing fraud LAHORE: The nominees of policyholders under various insurance policies are found to be depriving the legal heirs of ... Published 24 May, 2023 05:57am
Business & Finance Field formations can’t deny benefit of exemption to entitled taxpayers LAHORE: Field formations of the Federal Board of Revenue (FBR) cannot deny the benefit of an exemption if the... Published 23 May, 2023 06:14am
Business & Finance ‘No official can override tax exemption by changing opinion’ LAHORE: “No tax official can override tax exemption by changing his opinion under the garb of rectification of... Published 21 May, 2023 04:00am
Pakistan ‘Time has come to seek freedom,’ says Imran LAHORE: In a video message released on Tuesday evening, the PTI chief started with the example of Genghis Khan,... Published 17 May, 2023 06:22am
Business & Finance Small tax base, high non-compliance incidence causing massive tax evasion LAHORE: A relatively small tax base and high levels of non-compliance has resulted in massive tax evasion in ... Published 14 May, 2023 03:24am
Business & Finance FBR releases Rs45m to TDCP as withdrawal declared illegal LAHORE: The Federal Board of Revenue (FBR) has released Rs.45.371 million of the Tourism Development Corporation of... Published 13 May, 2023 05:59am
Business & Finance Frequent changes in tax laws leading to wrong assessments LAHORE: Extensive changes in tax laws on yearly basis and at times more than once in a year, lead to wrong... Published 07 May, 2023 03:21am
Business & Finance Over 100 FBR officers submit leave intimations to protest pay disparities LAHORE: More than 100 officers of the Federal Board of Revenue (FBR) have submitted leave intimations to lodge their... Published 05 May, 2023 06:44am
Pakistan Mercury in Punjab plunges to 24C LAHORE: The ongoing cold weather spell in the country has led to a drop in temperature to 24C in Punjab against 42C... Published 04 May, 2023 04:26am
Business & Finance Stock-in-trade: tax officials attract accusation LAHORE: Income tax officers are accused of calculating stock-in-trade of sales tax returns in the income tax returns... Published 03 May, 2023 06:35am
Business & Finance Family expenses: FTO deattaches taxpayer’s bank account LAHORE: The Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jan has directed the tax authorities to de-attach the bank... Published 02 May, 2023 05:59am
Business & Finance LTO Lahore recovers Rs5.25bn from CPPA-G LAHORE: The Large Tax Office (LTO) Lahore has recovered Rs 5.25 billion from Central Power Purchasing Agency... Published 29 Apr, 2023 06:04am
Business & Finance Tax officials accused of ignoring rules while charging WWF out of audit proceedings LAHORE: The tax authorities are accused of ignoring the condition of passing a written order while dealing with... Published 28 Apr, 2023 06:08am
Print Manufacturers-cum-exporters: EFS users seek clearance of goods by customs LAHORE: The users of the Export Facilitation Scheme (EFS) have approached the Federal Board of Revenue (FBR) seeking... Updated 26 Apr, 2023 08:42am
Business & Finance EFS modules: exporters seekuser-friendly changes LAHORE: Exporters have sought changes to the modules of Export Facilitation Scheme (EFS) to make them user-friendly... Published 22 Apr, 2023 03:38am
Business & Finance Mishandling of refund claims worries importers LAHORE: Importers have expressed concerns over not attending their refund claims in correct factual and legal... Published 21 Apr, 2023 05:56am
Business & Finance PRA’s enforcement wing attracts allegations of dual taxation LAHORE: The enforcement wing of Punjab Revenue Authority (PRA) is accused of raising tax demands on account of... Published 20 Apr, 2023 06:30am
Business & Finance Steel sector cases: FTO helps FBR recover Rs5.5b revenue LAHORE: The Federal Tax Ombudsman (FTO) has assisted the Federal Board of Revenue (FBR) in recovery of Rs 5.5 ... Published 18 Apr, 2023 06:21am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points