The case for dedicated tax benches EDITORIAL: The Chief Justice of Pakistan’s proposal to establish dedicated benches for tax-related cases is a... Updated 03 Dec, 2024 06:43am
Business & Finance FBR collects Rs837bn tax in Nov ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs 837 billion during November 2024 against the target ... Published 30 Nov, 2024 06:26am
BR Research It always begins with December Window dressing of balance sheet items around the reporting period is probably one of the few universal practices in... Published 29 Nov, 2024 08:54am
Print Property values in Karachi: New SRO retains rebate provision, FBR asked ISLAMABAD: Legal experts and tax advisers have sought an urgent clarification from the Federal Board of Revenue... Updated 10 Nov, 2024 09:45am
BR Research MPC meeting: a bonanza is coming A record month-on-month rise of over a trillion rupees in gross banking advances; nearing nine percent over Sep-24,... Published 04 Nov, 2024 09:20am
Print FBR chalks out steps to reduce anticipated Q2 collection shortfall ISLAMABAD: The Federal Board of Revenue (FBR) has chalked out short-term and long-term measures to reduce... Updated 04 Nov, 2024 03:09pm
Business & Finance Tax collection: PRA declares WH agents as collecting agents LAHORE: The Punjab Revenue Authority (PRA) has issued a notification under the Punjab Sales Tax on Services Act,... Published 20 Oct, 2024 05:51am
Editorials Establishing fiscal discipline EDITORIAL: In a landmark move, the federal and four provincial governments have agreed on a National Fiscal Pact... Published 11 Oct, 2024 06:30am
Business & Finance LCCI urges FBR to release tax refunds LAHORE: The Lahore Chamber of Commerce & Industry on Saturday has urged the Federal Board of Revenue (FBR) to... Published 06 Oct, 2024 02:44am
Opinion Middle class— tax trapped The middle class is commonly seen as the fundamental support system of society, exerting a pivotal influence on... Updated 23 Sep, 2024 07:43am
BR Research Autos: Win some, lose some After monthly sales crossed 13,000 in Jun-24—highest sales in 17 months—automobile sales over the last two months... Published 12 Sep, 2024 07:23am
Editorials AGP report EDITORIAL: Auditor General of Pakistan (AGP) pointed out that the Federal Board of Revenue (FBR) has wrongly... Published 12 Sep, 2024 03:48am
Business & Finance Tax collection from wholesale, retail sector big challenge: Mir LAHORE: Chief Coordinator Tajir Dost Scheme Naeem Mir has stated that collecting tax from whole sale and retail... Published 05 Sep, 2024 06:19am
BR Research Inflation: Single-digit, finally National headline inflation for August threw no surprise clocking in at 9.64 percent year-on-year – lowest since... Published 03 Sep, 2024 07:07am
Markets India collects $21bn in goods and services tax in August NEW DELHI: India collected 1.75 trillion rupees ($20.87 billion) in goods and services tax (GST) in July, a rise of... Published 01 Sep, 2024 08:14pm
Business & Finance Manufacturers of PP woven sacks seek changes in tax law ISLAMABAD: Pakistan Polypropylene Woven Sacks Manufacturers Association has proposed to Finance Minister Muhammad... Published 01 Sep, 2024 02:46am
Opinion The need for tax system reforms Prime Minister Shehbaz Sharif has a strong connection with the business community, especially with the Lahore... Published 25 Aug, 2024 03:05am
Print S&P downgrades Kenya credit rating citing tax hike U-turn NAIROBI: The US ratings agency S&P has downgraded Kenya’s credit rating, citing President William Ruto’s... Updated 25 Aug, 2024 09:56am
Opinion The narrative must change The Federal Board of Revenue’s (FBR’s) narrative, irrespective of the many chairmen it has been subjected to -... Published 19 Aug, 2024 03:20am
Editorials Tax evasion by provincial governments EDITORIAL: It seems that the government machinery in Pakistan is operating in some alternate reality, where the... Published 19 Aug, 2024 03:20am
Business & Finance Italy doubles ‘flat tax’ for the rich who move fiscal residence to country ROME: The Italian government approved a decree on Wednesday doubling to 200,000 euros ($218,220.00) per year a flat... Published 08 Aug, 2024 06:22am
World UK to reveal £20bn hole in public finances: reports LONDON: Britain’s new Labour government will announce next week that the country’s public finances have an... Published 28 Jul, 2024 06:49am
Editorials Tax-to-GDP story EDITORIAL: Once again the tax-to-GDP ratio for the last fiscal clocked in at nine percent and, typically, once again... Updated 13 Jul, 2024 07:33am
World Tax the super-rich, ex-leaders tell G20 BRASILIA: Former presidents and prime ministers have sent an open letter to current leaders of the world’s 20... Published 12 Jul, 2024 05:48am
Business & Finance Ex-parte orders passed by IR officers: FBR chief moved against arbitrary tax demands ISLAMABAD: Tax advisers have approached the Federal Board of Revenue (FBR) chairman against the arbitrary tax ... Published 12 Jul, 2024 05:48am
Print Turnover tax on petroleum dealers reversed KARACHI: The Reforms Group of the Pakistan Petroleum Dealers Association (PPDA) has successfully convinced the... Updated 07 Jul, 2024 11:11pm
Markets PPDA calls off strike KARACHI: The Pakistan Petroleum Dealers Association (PPDA) on Friday called off its strike and announced to open all... Published 06 Jul, 2024 05:18am
World Kenya president spoke to IMF chief after pulling tax hikes NAIROBI: Kenyan President William Ruto spoke by phone with International Monetary Fund chief Kristalina Georgieva in... Published 05 Jul, 2024 03:17am
Pakistan Non-filers: FBR blocks 210,000 SIM cards to ‘encourage’ tax payment KARACHI: Pakistan’s tax authority, the Federal Board of Revenue (FBR), said Thursday it has blocked 210,000 SIM... Updated 04 Jul, 2024 08:50pm
Business & Finance Tax exemption to pensioners costs kitty Rs78bn ISLAMABAD: The income tax exemption to pensioners has caused an annual revenue loss of Rs 78 billion to the national... Published 04 Jul, 2024 05:47am
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept