1HFY25 direct tax collection rises 29.4pc YoY ISLAMABAD: The collection of direct taxes has shown an increase of 29.4 percent during first six months of 2024-25... Updated 27 Mar, 2025 03:13pm
Business & Finance Return filing deadline extended ISLAMABAD: The Federal Board of Revenue (FBR) has extended date for filing of Sales Tax and Federal Excise return... Published 25 Mar, 2025 05:37am
Opinion Cigarette tax myths and realities A well-orchestrated campaign advocating for reduced cigarette taxes has recently gained momentum, primarily driven ... Published 24 Mar, 2025 06:33am
Editorials The high cost of punitive taxation EDITORIAL: The fundamentally flawed nature of the tax regime operational in Pakistan is both well-documented and... Published 19 Mar, 2025 05:48am
Opinion Pakistan’s taxation trap: overburdening formal economy feeds the informal Tax compliance in Pakistan has been dismal for decades, and every increase in tax rates or the imposition of new... Published 17 Mar, 2025 06:37am
Opinion Unravelling cigarette tax revenue mystery The first half of fiscal year 2025 has painted a perplexing picture of Pakistan’s cigarette industry. The latest... Published 11 Mar, 2025 06:25am
Business & Finance CAU uncovers Rs5.4bn FED ‘evasion’ by two textile manufacturers KARACHI: The Centralized Assessment Unit (CAU) has uncovered a massive Rs5.4 billion FED evasion scheme involving... Published 07 Mar, 2025 05:45am
Print Beverages, tobacco and real estate sector: FBR proposes reduction in tax rates ISLAMABAD: The Federal Board of Revenue (FBR) has proposed reduction in tax rates on beverages, tobacco and real... Updated 07 Mar, 2025 08:45am
Business & Finance ABAD hoping for construction industry revival package LAHORE: Chairman ABAD North S M Nabeel has expressed hope that the federal government will soon announce a revival... Published 23 Feb, 2025 02:53am
Opinion Reviving real estate: balancing growth and regulation Lately, there has been a surge of excitement in the real estate market, particularly in upscale urban areas. The... Published 10 Feb, 2025 05:35am
Print Transfer of plots, commercial property: FED expected to be withdrawn ISLAMABAD: The federal excise duty (FED), levied through the Finance Act, 2024, on transfer of plots and commercial... Updated 10 Feb, 2025 09:17am
Print Purchase of plots in new sectors of Islamabad: Overseas Pakistanis demand waiver of WHT/FED ISLAMABAD: The overseas Pakistanis have demanded a waiver from withholding taxes/Federal Excise Duty (FED) and... Updated 03 Feb, 2025 08:57am
Print Winding up of PTB: Aurangzeb urged to revisit decision ISLAMABAD: Officials of the Pakistan Tobacco Board (PTB) have urged Finance Minister Senator Muhammad Aurangzeb to... Updated 22 Jan, 2025 09:36am
Print FBR tax collection: Contribution of LTO Karachi highest ISLAMABAD: The contribution of Large Taxpayer Office (LTO) Karachi in overall tax collection (income tax, sales tax,... Updated 09 Jan, 2025 03:09pm
Business & Finance ABAD presents proposals for revival of housing sector LAHORE: The Association of Builders and Developers of Pakistan (ABAD) presented a set of proposals for revival of... Published 05 Jan, 2025 02:45am
Business & Finance SUVs/EVs: FBR chairman briefs Senate body on chargeability of FED ISLAMABAD: Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial on Wednesday informed that Ministry of ... Published 12 Dec, 2024 07:23am
Editorials Surcharge on fossil fuels EDITORIAL: It’s been learnt that one of the key measures under consideration to increase the tax-to-GDP ratio, as... Updated 17 Nov, 2024 06:07am
Print IMF team looks at fiscal performance IMF staff led by Nathan Porter, is likely to meet the finance minister today Updated 12 Nov, 2024 09:32am
Business & Finance Rs237bn FED collected from cigarettes in 2023-24 ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs 237 billion as federal excise duty (FED) from... Updated 11 Nov, 2024 09:24am
Print 15 sectors contribute 62.4pc of domestic sales tax revenue ISLAMABAD: A significant 62.4 percent of the domestic sales tax revenue was contributed by 15 sectors including... Updated 08 Nov, 2024 09:38am
Business & Finance Volumes of market leader cigarette making co significantly decline ISLAMABAD: The volumes of market leader cigarette manufacturing company significantly declined from 7.1 billion... Published 08 Nov, 2024 06:41am
Print Immovable property: DHA challenges imposition of FED ISLAMABAD: Islamabad High Court (IHC) has issued notices to the Federal Board of Revenue (FBR) and Attorney General... Updated 30 Sep, 2024 09:28am
Print FED on allotment or transfer of commercial properties challenged ISLAMABAD: The federal excise duty (FED), recently levied through the Finance Act, 2024, on transfer of plots and... Updated 28 Sep, 2024 09:21am
Print Tax collection at import stage: share in total collection reduces ISLAMABAD: The tax collection at import stage constituted 35 percent and domestic tax collection’s share was 65... Updated 23 Sep, 2024 03:24pm
Print FBR amends Federal Excise Rules, 2005 ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday notified the Computerized Payment Receipt (CPR-FE) for... Updated 06 Sep, 2024 09:23am
Print 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 Air travel on labour visa for GCC states: FBR to charge Rs5,000 FED per ticket ISLAMABAD: The Federal Board of Revenue (FBR) will charge fixed amount of Federal Excise Duty (FED) of Rs 5,000 per... Updated 08 Aug, 2024 09:33am
Print Educational, health institutions: Senate panel tells FBR to give details of tax, duty relief ISLAMABAD: The Senate Standing Committee on Finance has sought details of the educational and health institutions... Updated 07 Aug, 2024 08:36am
Print Rs3bn more than target: Provisional collection exceeds Rs659bn in July ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected over Rs659 billion in July 2024 against... Updated 01 Aug, 2024 09:48am
Print FY24 ends with a budget deficit of 6.8pc of GDP ISLAMABAD: The government has closed fiscal year 2023-24 with budget deficit of 6.8 percent of the gross domestic... Updated 31 Jul, 2024 10:17am
