Tax relief on humanitarian donations, gifts: Revenue Division directed to process law amendments ISLAMABAD: The Federal Cabinet has directed the Revenue Division to process amendments to law/rules to ensure... Updated 30 May, 2024 09:28am
Print Caretakers to do only groundwork ISLAMABAD: The caretaker government has decided that in view of its constitutional and legal mandate, it would only... Updated 04 Feb, 2024 09:52am
Print Appointment of Benami adjudicating authority members: Cabinet grills Revenue Div for ignoring PMO’s suggestions ISLAMABAD: Revenue Division has reportedly been grilled by the caretaker federal cabinet for not honouring... Updated 29 Jan, 2024 09:14am
Business & Finance FBR’s ‘revamp plan’: Cabinet to take up summary of Revenue Division today ISLAMABAD: Federal Cabinet will take up the summary of the Revenue Division on the restructuring of the Federal ... Published 23 Jan, 2024 05:14am
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 Forex deals: Tax on windfall profits of banks likely ISLAMABAD: The government is likely to invoke provisions of the Finance Act, 2023, to impose tax on windfall... Updated 15 Nov, 2023 09:49am
Print FTO barred from initiating action against banking co ISLAMABAD: Islamabad High Court (IHC) has restrained the Federal Tax Ombudsman (FTO) from taking action against a... Updated 09 Oct, 2023 08:43am
Print ‘Pakistan Land Port Authority’: ‘Final’ approval blocked by minister ISLAMABAD: Commerce Minister Syed Naveed Qamar is said to have blocked final approval of Pakistan Land Port... Updated 15 Jul, 2023 09:49am
Business & Finance Point of sale: FBR directed to issue instructions to field formations ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to issue instructions to... Published 09 Jun, 2023 06:20am
Business & Finance Revenue Div allowed to publish tax directory of MPs for 2020 ISLAMABAD: The federal cabinet has allowed the Revenue Division to publish the tax directory of parliamentarians for... Updated 19 Jan, 2023 08:38am
Business & Finance Taxpayers’ outstanding issues: FBR chief asks taxmen to pull their socks up ISLAMABAD: Chairman Federal Board of Revenue (FBR)/Secretary Revenue Division, Dr Muhammad Ashfaq Ahmed Friday... Published 11 Dec, 2021 04:12am
Business & Finance All fruits except fresh apples from Afghanistan exempted from sales tax ISLAMABAD: The Federal government has exempted all fruits of Afghanistan from sales tax from September 15, 2021... Published 17 Nov, 2021 04:22am
Print Nawaz, family: FTO seeks report on 'not taxing' assets, income ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed Chief Commissioner Inland Revenue, Lahore and other ... Updated 18 Oct, 2021 11:52am
Pakistan PAC drops discussion on Pandora Papers ISLAMABAD: A sub-committee of the Public Accounts Committee (PAC) had to drop discussion on Pandora Papers scam upon... Published 06 Oct, 2021 04:17am
Pakistan Security of taxpayers' data: No action taken against PRAL officials ISLAMABAD: The Federal Board of Revenue (FBR) has yet not taken any action against concerned officials of the... Published 05 Oct, 2021 04:34am
Business & Finance Probe into Cyber attack on FBR website: FTO summons Secy Revenue Div, PRAL CEO and FBR Member (IT) ISLAMABAD: The Federal Tax Ombudsman (FTO) has summoned Secretary Revenue Division; CEO, Pakistan Revenue Automation... Published 29 Sep, 2021 03:59am
Print Some specific companies: Rs1.6bn penal surcharge waived ISLAMABAD: The Federal Government has waived off Rs 1.6 billion penal surcharge to some specific companies on the... Updated 20 Sep, 2021 09:41am
Print High net-worth un-registered persons: Over 200,000 issued notices by FBR ISLAMABAD: The Federal Board of Revenue (FBR) has issued notices to over 200,000 high net-worth un-registered ... Updated 15 Sep, 2021 10:08am
Technology Purchase of software, IT-related equipment: Govt urged to declare operational emergency ISLAMABAD: The Revenue Division has requested the federal government to declare operational emergency for immediate... Published 14 Sep, 2021 03:55am
Print PSDP: Release of Rs392.686bn authorised in less than three months ISLAMABAD: The federal government authorised the release of Rs392.686 billion (43.6 percent of total budgeted amount... Updated 08 Sep, 2021 11:00am
Print Overstayed goods: Waiver of penal surcharge not likely ISLAMABAD: Finance Minister Shaukat Tarin has reportedly "blocked" a proposal of Federal Board of Revenue (FBR)... Published 31 Aug, 2021 03:43am
Business & Finance FTO to conduct investigation against LTO Islamabad ISLAMABAD: The Federal Tax Ombudsman (FTO) has decided to conduct an investigation against Large Taxpayer Office... Published 06 Aug, 2021 04:18am
Print PSDP 2021-22: Rs133.66bn released against budgeted Rs900bn ISLAMABAD: The federal government has released Rs133.66 billion (14.85 percent) for various ongoing and new... Published 18 Jul, 2021 05:33am
Print Junior officers: FBR takes serious notice of additional charges sans approval ISLAMABAD: The Federal Board of Revenue (FBR) has taken serious notice of an illegal practice in the field formation... Published 13 Jul, 2021 02:49am
Business Member of FBR policy board: Revenue Division secy receives letter for nomination of Dilawar Khan ISLAMABAD: The Revenue Division secretary has received a letter from the Senate Secretariat for nomination of ... Published 25 May, 2021 04:40am
Business & Finance Prize bond holders in a fix on eve of balloting LAHORE: Holders of Rs 7,500 denomination national prize bonds are in a fix on the eve of its balloting as the... Published 01 May, 2021 03:28am
Opinion Erstwhile FATA/PATA: Tax issues — II The FBR has recently issued the following circulars in respect of streamlining the exemptions available in the... Published 10 Apr, 2021 04:35am
Print Asim made FBR chairman ISLAMABAD: Asim Ahmad, FBR Member IT (BS-21 officer of Inland Revenue Service), has assumed the charge of chairman... Published 10 Apr, 2021 04:34am
Print Industry in SEZs: FBR barred from withdrawing tax exemptions ISLAMABAD: The Federal Cabinet is said to have barred Federal Board of Revenue (FBR) from withdrawing tax exemptions... Updated 17 Mar, 2021 09:45am
Print Step aimed at increased revenue generation approved by Hafeez ISLAMABAD: The finance minister accorded approval to the establishment of “Tax Policy Unit” under the... Updated 12 Feb, 2021 09:35am