The Fund must not behave like an accountant It takes one to know one. The only IMF structural adjustment program ever successfully implemented by Pakistan was... Published 15 Nov, 2024 08:32am
Print Tax collection decreases 21.5pc in 2023-24 ISLAMABAD: The income tax collection from efforts of the tax officials of the Federal Board of Revenue (FBR) has... Updated 08 Nov, 2024 09:36am
Print Late filers to pay surcharge for ATL enrolment: FBR ISLAMABAD: The Federal Board of Revenue (FBR) will include names of late-filers of income tax returns in the FBR’s... Updated 22 Oct, 2024 09:25am
Print Income Tax Ordinance: FBR drafting new law to end categories of ‘late-filers’, ‘non-filers’ ISLAMABAD: The Federal Board of Revenue (FBR) is drafting a new law to end the categories of “late-filers” and... Updated 21 Oct, 2024 03:24pm
Print Returns filed late: LHC directs FBR to form experts’ panel for drafting law ISLAMABAD: Lahore High Court (LHC) has directed the Federal Board of Revenue (FBR) to constitute a body of experts... Updated 17 Oct, 2024 09:26am
Business & Finance Tax return filing deadline extended ISLAMABAD: The Federal Board of Revenue (FBR) has extended the last date for filing of income tax returns, ie, up to... Published 15 Oct, 2024 06:47am
Markets FBR extends deadline for filing tax returns till October 31 The Federal Board of Revenue (FBR) on Monday extended the deadline for filing the income tax returns further till... Published 15 Oct, 2024 12:57am
Print Last day for submission of income tax returns today: FBR LAHORE: The Federal Board of Revenue (FBR) has warned that Monday (today) is the last day for submission of income... Updated 14 Oct, 2024 09:30am
Print Many filed income tax returns thru ‘FTO desk’ ISLAMABAD: A large number of taxpayers including salaried class and individuals have filed their income tax returns... Updated 07 Oct, 2024 03:07pm
Print Tax return deadline: PM likely to take decision today ISLAMABAD: Prime Minister Shehbaz Sharif will take final decision on Monday (today) on possible one-month extension... Updated 30 Sep, 2024 09:24am
Business & Finance FPCCI President highlights difficulties in filing income tax returns KARACHI: Atif Ikram Sheikh, President FPCCI, has highlighted the technical difficulties and delays in filing income... Published 28 Sep, 2024 07:16am
Print Extension in filing of income tax returns predicted ISLAMABAD: Tax experts have strongly predicted extension in filing of income tax returns beyond the September 30th... Updated 27 Sep, 2024 08:43am
Business & Finance Income tax returns deadline: KCCI seeks one-month extension KARACHI: President of Karachi Chamber of Commerce and Industry (KCCI) Iftikhar Ahmed Sheikh has urged Federal Board... Updated 26 Sep, 2024 09:26am
Print No new taxation measures or mini-budget under study: FBR ISLAMABAD: Federal Board of Revenue (FBR) Member Inland Revenue (Policy) Dr Hamid Ateeq Sarwar said Wednesday that... Updated 26 Sep, 2024 01:01pm
Print Faulty returns: FBR proposes harsh enforcement steps ISLAMABAD: The Federal Board of Revenue (FBR) has proposed harsh enforcement measures against the existing filers of... Updated 13 Sep, 2024 09:14am
Print Cases of telecom operators: President upholds FTO’s decision ISLAMABAD: President Asif Ali Zardari has upheld the decision of Federal Tax Ombudsman (FTO) regarding cases of... Updated 16 Aug, 2024 09:33am
Business & Finance Telecom co ‘fails’ to prove deductible expenses exceeding its taxable income LAHORE: A telecom company has failed to establish that its deductible expenses exceeded its taxable income, said... Published 31 Jul, 2024 06:40am
Print Tajir Dost Scheme: There should be no extra tax on registered traders: CC ISLAMABAD: There should be no additional tax on traders and shopkeepers registered under the Tajir Dost Scheme from... Updated 02 Jul, 2024 09:30am
Print Major changes in tax laws expected through Finance Bill 2024 Enforcement measures of Rs 300-400 billion expected in 2024-25 Updated 27 May, 2024 01:32pm
Print Telcos assure Aurangzeb: 5,000 SIM cards of non-filers will be blocked daily ISLAMABAD: The telecom companies have given assurance to Finance Minister Muhammad Aurangzeb that the mobile phone... Updated 14 May, 2024 09:36am
Print Blocking SIM cards of non-filers: LTO Islamabad to assist FBR ISLAMABAD: Large Taxpayer Office (LTO) Islamabad would fully assist the Federal Board of Revenue (FBR) to enforce... Updated 13 May, 2024 09:26am
Business & Finance Telecos agree to start blocking SIMs of non-filers ISLAMABAD: The cellular companies’/ telecom operators have agreed with the Federal Board of Revenue (FBR) to... Published 11 May, 2024 06:22am
Business & Finance Blocking SIMs of over 0.5m non-filers: PTA yet to decide on FBR decision ISLAMABAD: The Pakistan Telecommunication Authority (PTA) is yet to decide on the Federal Board of Revenue’s (FBR’s)... Published 03 May, 2024 06:29am
Print FBR issues list to PTA: SIMs of 506,671 IT non-filers to be blocked ISLAMABAD: The Federal Board of Revenue (FBR) has issued a list of 506,671 non-filers of income tax returns whose... Updated 01 May, 2024 09:42am
Print Manually or electronically: President says taxpayers to get equal treatment ISLAMABAD: President of Pakistan has ruled that the filers of income tax returns manually would now be able to enjoy... Updated 18 Mar, 2024 09:54am
Print Number of active taxpayers reaches 5.3m mark ISLAMABAD: The number of active taxpayers (ATL) has reached 5.3 million as on December 26, 2023. It is learnt that... Updated 27 Dec, 2023 09:53am
Business & Finance ‘Nil’ filing of tax returns: FTO asks FBR to conduct detailed audit of a medical college ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to conduct a detailed audit... Published 27 Dec, 2023 05:15am
Print Income tax returns: FBR warns non-filers of account freeze Starts a countrywide survey of business and commercial units for registration of non-filers Updated 25 Dec, 2023 05:56pm
Opinion Non-disclosures & underperformance Ever year Federal Board of Revenue (FBR) as Revenue Division of Ministry of Finance (MoF), issues data relating to... Published 22 Dec, 2023 05:22am
Print Nod from IR Commissioner not needed: Tax returns can be revised within 60 days: FBR ISLAMABAD: The Federal Board of Revenue (FBR) has clarified that the FBR system is allowing taxpayers to revise... Updated 08 Nov, 2023 10:04am