Jul-Aug: there’s Rs98bn shortfall, admits FBR Despite higher tax rates, net collection stands at Rs1,456 billion against assigned target of Rs1,554 billion during two-month period Updated 02 Sep, 2024 11:56am
Print Imported goods specified in Third Schedule: FBR empowered to fix value of supply ISLAMABAD: The Federal Board of Revenue (FBR) has been empowered to fix the value of supply in case of imported... Updated 06 Aug, 2024 09:07am
Business & Finance Import of cotton: APTMA opposes govt’s plan to impose duties ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has strongly opposed government’s intention to impose... Published 12 Jun, 2024 06:51am
Print Import concessions: FBR unveils updated list of 222 locally-made goods ISLAMABAD: The Federal Board of Revenue (FBR) Thursday issued an updated list of 222 locally-manufactured goods for... Updated 07 Jun, 2024 08:42am
Pakistan Bid to smuggle Rs5.5m worth goods foiled KARACHI: Customs Collectorate Airport, Karachi on Monday foiled an attempt to smuggle substantial quantity of goods... Published 14 Nov, 2023 05:08am
Opinion Investigating under-invoicing with trade data: Red herring or red flag? “There is nothing more deceptive than an obvious fact”: Sir A. C. Doyle The Pakistan Business Council wrote to... Published 15 Oct, 2023 03:19am
Business & Finance July-August: Rs24bn surge in revenue collection ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs 1,207 billion during the first two... Updated 01 Sep, 2023 09:10am
Print Rs9.4trn revenue collection target: FBR required to rely on policy, some other steps ISLAMABAD: The Federal Board of Revenue (FBR) will heavily rely on policy and administrative/ enforcement measures... Updated 09 Aug, 2023 09:27am
Business & Finance APTPMA chief hails budget FAISALABAD: Federal budget 2023-24 is a ‘balanced budget’, nevertheless, there is enough room for improvement... Published 12 Jun, 2023 06:26am
Business & Finance Proposals No increase in duties on import of essential items Minimum wage proposed at Rs32,000; wages of government employees... Published 10 Jun, 2023 05:20am
Print Temporary importation of cars by foreigners/expats: FBR to coordinate with FIA to forestall misuse ISLAMABAD: The Federal Board of Revenue (FBR) will regularly coordinate with the Federal Investigation Agency (FIA)... Updated 09 May, 2023 09:13am
Print PM orders confiscation of vehicles with expired ‘Carnet de Passage’ limit ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday directed the authorities concerned to immediately confiscate... Updated 20 Apr, 2023 08:36am
Print FBR empowers collectors to issue refunds without any monetary limit ISLAMABAD: The Federal Board of Revenue (FBR) has empowered the Collectors of Customs to issue refunds of customs... Updated 15 Mar, 2023 08:50am
Business & Finance Over 600 luxury items: Time period extension: SROs unveiled ISLAMABAD: The Federal Board of Revenue (FBR) Tuesday extended the time period up to March 31, 2023, for... Published 22 Feb, 2023 03:30am
Business & Finance FBR drafted no proposal to tax bank deposits ISLAMABAD: There was no proposal drafted by the Federal Board of Revenue (FBR) at any stage to impose tax on bank... Updated 13 Feb, 2023 09:01am
Business & Finance Dec 2022: FBR confident of achieving Rs965bn revenue target sans extra taxation steps ISLAMABAD: The Federal Board of Revenue (FBR) is confident of achieving the revenue collection target of Rs965... Updated 20 Dec, 2022 09:33am
Print List of locally-manufactured goods: FBR allows release of goods/items ISLAMABAD: Federal Board of Revenue (FBR) has allowed its Collectorates to release goods/items indicated in the list... Updated 17 Nov, 2022 09:28am
Print FBR reduces CVT on vehicles under amended Finance Bill 2022 ISLAMABAD: The Federal Board of Revenue (FBR) has reduced the capital value tax (CVT) on vehicles from two percent... Updated 26 Jun, 2022 09:59am