Major reshuffle in FBR ISLAMABAD: In a major reshuffling, the Federal Board of Revenue (FBR) has transferred and posted 18 top Inland... Published 02 Nov, 2024 06:15am
Print Hefty penalty imposed on manufacturer: FBR begins scrutinising cement sector KARACHI: The Federal Board of Revenue (FBR) has started scrutinizing the cement sector after imposing a hefty... Updated 29 Oct, 2024 09:29am
Print Minimum tax payment: KE’s fuel cost, subsidy recoveries should be treated as turnover: SHC ISLAMABAD: Sindh High Court (SHC) Monday ruled that the subsidy and fuel cost recovered by Karachi Electric Supply... Updated 01 Oct, 2024 08:53am
Business & Finance FBR chief pays surprise visit to LTO Islamabad ISLAMABAD: Chairman Federal Board of Revenue (FBR) Rashid Mahmood paid a surprise visit to Large Taxpayer Office... Published 27 Sep, 2024 07:23am
Business & Finance Refund relief given by appellate forums: FTO orders probe against FBR, its wing for violation ISLAMABAD: The Federal Tax Ombudsman (FTO) has ordered an investigation against the Federal Board of Revenue (FBR),... Published 08 Sep, 2024 02:42am
Pakistan Tax refunds to large taxpayer companies: FIA issues another notice to Member IR (Operation) ISLAMABAD: Federal Investigation Agency (FIA) has issued another notice to Mir Badshah Khan Wazir Member Inland... Published 05 Aug, 2024 08:24am
Business & Finance LTO fails to deduct tax on transfer from CWIP to fixed assets LAHORE: The Lahore Tax Office (LTO) failed to deduct tax on transfer from construction work in progress (CWIP) to... Published 03 Aug, 2024 06:46am
Business & Finance Income tax refunds: Company says taxmen never demanded gratification ISLAMABAD: A company being assessed at Large Taxpayer Office (LTO) Lahore has informed the Federal Investigation... Published 29 Jul, 2024 06:37am
Pakistan FIA summons FBR Member Operations ISLAMABAD: The Federal Investigation Agency has summoned the Federal Board of Revenue (FBR) Member Operations Mir... Published 27 Jul, 2024 07:16am
Print Monitoring, recovery of WHT: FBR advised to give field teams access to softwares of banks ISLAMABAD: The Federal Tax Ombudsman (FTO) has recommended the Federal Board of Revenue (FBR) to provide access of... Updated 16 Jul, 2024 09:32am
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
Print PM suspends CCIR for ‘deliberate delay in tax cases’ ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday suspended Chief Commissioner-Inland Revenue (IR), Large... Updated 24 Apr, 2024 09:25am
Print Sales tax evasion of nearly Rs5bn: LTO Karachi registers FIR against corporate entity ISLAMABAD: The Large Taxpayers Office (LTO), Karachi, for the first time in the history of the Federal Board of... Updated 26 Mar, 2024 08:50am
Business & Finance Despite existence of ADTT, LTO orders deduction of tax against offshore co LAHORE: The Large Tax Office (LTO) has gotten egg on face by deducting tax against an offshore company in presence ... Published 16 Mar, 2024 06:26am
Print ‘Disallowing TA/DA’: LTO Lahore officials approach LHC ISLAMABAD: The Inland Revenue Audit Officers/ Assistant Directors (Audit) of Large Taxpayer Office Lahore have... Updated 13 Mar, 2024 08:51am
Business & Finance LTO refunds over Rs2bn to IESCO on IHC’s order ISLAMABAD: Following directions of the Islamabad High Court (IHC), the Large Taxpayer Office (LTO), Islamabad has... Published 01 Mar, 2024 02:59am
Print Recovery from Discos thru account attachments: IHC seeks names of LTO officers ISLAMABAD: The Islamabad High Court (IHC) has taken serious notice of the persistent breach of its orders in the... Updated 26 Feb, 2024 09:04am
Print Attachment of Discos’ bank accounts: IHC issues notices to FBR chief, others ISLAMABAD: Islamabad High Court (IHC) has issued notices to Chairman Federal Board of Revenue (FBR), Member... Updated 19 Feb, 2024 09:31am
Business & Finance FBR chief visits LTO Karachi ISLAMABAD: Chairman FBR Malik Amjed Zubair Tiwana and Member-IR (Operations) Mir Badshah Khan Wazir visited Large... Published 17 Feb, 2024 05:51am
Business & Finance LTO willing to return illegally recovered amount to IESO ISLAMABAD: Due to strict intervention by the Islamabad High Court (IHC), Large Taxpayer Office (LTO) Islamabad is... Published 29 Jan, 2024 04:37am
Print Withdrawal of approval of non-NPO status: LHC upholds order of LTO Lahore ISLAMABAD: Lahore High Court (LHC) has upheld the order of the Large Taxpayer Office (LTO) Lahore to withdraw the... Updated 26 Jan, 2024 08:45am
Print Plugging revenue leakages: LTO deploys officers at Sindh sugar mills KARACHI: The Large Taxpayers Office (LTO) has again deployed its officers at sugar mills in Sindh to monitor... Updated 24 Jan, 2024 10:00am
Pakistan Action against LTO officers: IHC summons CCIR, Member Operations FBR for initiating proceedings ISLAMABAD: Islamabad High Court (IHC) has summoned Member Operations Federal Board of Revenue (FBR) and Chief... Published 23 Jan, 2024 05:14am
Business & Finance LTO crosses Rs1trn mark in six months KARACHI: The Large Taxpayers Office (LTO) has set a new benchmark for tax collection by crossing Rs 1 trillion mark... Published 04 Jan, 2024 05:41am
Business & Finance FTO monitoring LTO for timely completion of ongoing audit of MTL ISLAMABAD: The Federal Tax Ombudsman (FTO) is monitoring the Large Tax Office (LTO), Lahore to ensure the timely... Published 03 Jan, 2024 05:32am
Print ‘Implementation of ATIR’s orders’: President rejects appeal of LTO Islamabad ISLAMABAD: President Arif Alvi has rejected the stance of Large Taxpayer Office (LTO) Islamabad and declared that... Updated 01 Jan, 2024 09:21am
Print ATIR’s orders: FTO explains what actually constitutes maladministration ISLAMABAD: The Federal Tax Ombudsman (FTO) has ruled that the delay in giving appeal effect to the order which is in... Updated 22 Dec, 2023 09:03am
Print Rs940bn target for Dec: FBR chief starts meetings to review progress KARACHI: The Federal Board of Revenue (FBR) is likely to struggle hitting its revenue target of Rs. 940 billion for... Updated 13 Dec, 2023 08:50am
Business & Finance LTO Islamabad refunds Rs2bn to IESCO ISLAMABAD: Large Taxpayer Office (LTO) Islamabad has refunded an amount of Rs 2 billion to the Islamabad Electric... Published 04 Dec, 2023 05:35am
Business & Finance Chief Commissioner LTO vows to help resolve issues facing APTMA LAHORE: Syed Mahmood Hussain Jafri, Chief Commissioner Large Tax Office (LTO) Lahore, has assured the Aptma members... Published 26 Oct, 2023 06:08am