Tax collection under Finance Act 2024: KTBA urges FBR to clarify new amendments KARACHI: The Karachi Tax Bar Association (KTBA) has called on the Federal Board of Revenue (FBR) to clarify the... Updated 20 Aug, 2024 08:49am
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 Petroleum products into sales Tax exemption: Change of status of zero-rating to benefit FBR worth Rs20bn ISLAMABAD: The change of status of zero-rating of petroleum products into sales tax exemption would benefit Federal... Published 31 Jul, 2024 06:40am
Print FBR tells banks: Only bad debts classified as loss are expense ISLAMABAD: The Federal Board of revenue (FBR) has conveyed to banks that only bad debts classified as loss... Updated 31 Jul, 2024 09:29am
Editorials The fast-eroding trust of taxpayers EDITORIAL: A multitude of tax revenue measures introduced in the FY25 budget are unraveling piece by piece. The... Updated 29 Jul, 2024 07:06am
Print 25pc tax slapped on imported mobile phones in CBU condition Updated Sales Tax Act reveals 25 percent sales tax would be charged on the import of mobile phones or satellite phones on the basis of import value (exceeding USD 500) per set, or equivalent value in rupees in case of supply by the manufacturer Updated 25 Jul, 2024 01:21pm
Print Business community urges PM to review ‘negative’ measures in Finance Act ISLAMABAD: The business community of Lahore and Peshawar have approached Prime Minister Shehbaz Sharif against harsh... Updated 21 Jul, 2024 10:07am
Business & Finance Finance Act, 2024: FBR official explains changes made to Sales Tax LAHORE: Raza Ashfaq, Commissioner, Inland Revenue and Member Sales Tax Appellate Tribunal Punjab, has explained... Published 16 Jul, 2024 06:26am
Print Cement dealers go on countrywide strike against taxes ISLAMABAD: Cement dealers in Pakistan begin their countrywide strike for an indefinite period against higher... Updated 16 Jul, 2024 01:49pm
Print FBR fails to achieve Rs9.4trn collection target ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs9.3 trillion during the whole fiscal year 2023-24,... Updated 13 Jul, 2024 10:17pm
Print Tajir Dost Scheme: CC offers alternative plan to FBR ISLAMABAD: As the Federal Board of Revenue (FBR) is ready to issue a notification to impose tax on shopkeepers/... Updated 11 Jul, 2024 08:32am
Editorials Rebellion by unregistered business entities EDITORIAL: The stubborn resistance of the country’s unregistered sector to yet another attempt by the authorities... Published 09 Jul, 2024 05:31am
Business & Finance Finance Act 2024: FBR SROs to cause business closures: LCCI LAHORE: The Lahore Chamber of Commerce and Industry has urged the government to address the concerns of business... Published 06 Jul, 2024 06:48am
Business & Finance Value-added textile exporters demand resumption of FTR LAHORE: Expressing serious concerns over the Finance Act 2024, the value-added textile exporters have urged the... Published 06 Jul, 2024 06:48am
Legislation related to privatisation of loss-making SOEs: Minister says govt will need support of Parliament