Print Exporters reject amendments in SRO 350(I)/2024 LAHORE: The exporters community has rejected amendments made to the SRO 350(I)/2024 dated 07-03-2024, treating their... Updated 17 Jul, 2024 08:50am
Pakistan WASA makes wrong claim of record-breaking rain in Lahore LAHORE: The Water and Sanitation Agency (WASA) has made a wrong claim of recent record-breaking rain in the city of... Published 16 Jul, 2024 06:53am
Print FBR amends ST Act to harmonise it with IT law LAHORE: The Federal Board of Revenue (FBR) has introduced amendments to the Sales Tax Act to harmonise it with... Updated 14 Jul, 2024 09:38am
Business & Finance Tax dept can’t reject advance tax estimates filed by taxpayer LAHORE: A taxpayer company has challenged unwarranted recovery of advance tax by the tax department, saying that the... Published 11 Jul, 2024 06:13am
Print Property deals, salaries, car purchase: FBR notifies change in WHT provisions New category of late filers has been introduced for persons who are appearing on ATL but have not filed return by the extended due date Updated 10 Jul, 2024 10:24am
Business & Finance Since transactions done thru banking channel the same cannot be termed ‘fictitious’: appellate forum LAHORE: A tax officer has failed to prove advance against shares as fictitious transactions transacted through... Published 09 Jul, 2024 06:39am
Markets LESCO summons meeting of ‘truncated’ BoD LAHORE: In order to circumvent full scrutiny by its Board of Directors (BoD), the Lahore Electric Supply Company... Published 06 Jul, 2024 06:48am
Business & Finance Taxpayers challenge random selection of returns for audit LAHORE: Taxpayers from sugar industry have challenged the power of Commissioner Inland Revenue (CIR) to make a ... Published 05 Jul, 2024 03:17am
Pakistan Weather forecast responsibility: PMD conveys its concerns to PM against NDMA LAHORE: The director general of Pakistan Meteorological Department (PMD) has conveyed his reservations to Prime... Published 04 Jul, 2024 05:47am
Pakistan Civil, military officials briefed about likely monsoon challenges LAHORE: Both civil and military establishments are receiving briefings from meteorological department, irrigation... Published 29 Jun, 2024 06:40am
Business & Finance NTDC: FBR fails to charge minimum tax on turnover LAHORE: The Federal Board of Revenue (FBR) has failed to charge minimum tax on turnover from the National... Published 28 Jun, 2024 05:41am
Business & Finance Defined benefit plans: Income tax dept disallows actuarial loss to cellular company LAHORE: The income tax department has disallowed actuarial loss to a cellular company on its defined benefit plans,... Published 27 Jun, 2024 06:52am
Business & Finance Private sector credit shows decelerating trend during 2024 LAHORE: The Private Sector Credit (PSC) continued witnessing a decelerating trend during 2024, demonstrating an... Published 25 Jun, 2024 06:42am
Pakistan Normal to above-normal rainfall in most parts of country likely LAHORE: The Pakistan Meteorological Department (PMD) has predicted normal to above normal rainfall in most parts of... Published 23 Jun, 2024 02:50am
Pakistan Green Pakistan: Phase-I Up-scaling Programme achieves plantation target of 2.12bn LAHORE: Phase-I of the Green Pakistan Up-scaling Program has achieved a plantation target of 2.12 billion to enhance... Published 22 Jun, 2024 06:47am
Business & Finance Importer defeats Customs in tax recovery after release of goods LAHORE: An importer of raw material, used in shoes for the manufacturing of sole, has defeated Customs in recovery ... Published 21 Jun, 2024 06:37am
Business & Finance PSF manufacturers point out anomaly in Finance Bill 2024 LAHORE: Polyester Staple Fiber (PSF) manufacturers have drawn attention of the anomaly committee of the federal... Published 20 Jun, 2024 06:01am
Print Engine capacity to invoice base value: Punjab govt shifts token tax regime LAHORE: In line with the federal government, the Punjab government has also shifted token tax regime from engine... Updated 14 Jun, 2024 09:21am
Print KP Sales Tax on Services Act: Attachment of accounts sans show-cause proposed LAHORE: The Khyber Pakhtunkhwa (KP) Sales Tax on Services Act, 2022, has proposed attachment of bank accounts upon... Updated 09 Jun, 2024 09:43am
Pakistan Flash drought likely due to low rainfall, soaring temperatures LAHORE: Flash drought is likely to emerge due to below normal rainfall and soaring temperature of May with ... Published 08 Jun, 2024 07:00am