Industries in tribal areas: Fate of tax exemptions to be decided in FY24 budget ISLAMABAD: The government, through Finance Bill 2023, will take final decision on the extension in tax exemptions... Updated 18 May, 2023 09:03am
Business & Finance Steel, plastic, ghee, other sectors: Tribal area tax exemptions expire on June 30 ISLAMABAD: The tax exemptions granted to the industrial units of iron/ steel, plastics, ghee, textile and other... Published 30 Apr, 2023 05:10am
Print Debt and debt instruments: Profit on debt and capital gains given tax exemption ISLAMABAD: The Federal Board of Revenue (FBR) has exempted income tax on profit on debt and capital gains from debt... Updated 24 Feb, 2023 08:44am
Print Govt may exempt solar equipment from all taxes ISLAMABAD: The government is likely to exempt solar equipment from all taxes aimed at achieving the target of 10,000... Updated 27 Jan, 2023 09:04am
Business & Finance Donation consignments for flood victims: ST, FED and IT on import, supply exempted ISLAMABAD: The Federal Board of Revenue (FBR) has exempted sales tax, federal excise duty (FED), and income tax on... Published 26 Jan, 2023 07:09am
Business & Finance Erstwhile tribal areas: Steel and ghee/cooking industries told to justify tax exemption demand ISLAMABAD: Minister of State for Finance Aisha Ghaus Pasha Thursday categorically conveyed to the steel and... Updated 30 Dec, 2022 08:42am
Opinion IT export sector – I Pakistan’s IT export sector has been in the news a lot lately. The reason is because after so many years of fairly... Published 23 Nov, 2022 05:55am
Print Import and supply of flood goods: FBR gives ST, WHT, FED exemptions ISLAMABAD: The Federal Board of Revenue (FBR) has granted exemption of sales tax, withholding tax and Federal Excise... Updated 31 Aug, 2022 09:47am
Print Russia tops list of nations granting tax exemptions to citizens ISLAMABAD: The Russian Federation tops the world in granting tax exemptions to its citizens, ie, an estimated 14.8... Updated 31 Jul, 2022 09:35am
Opinion The tax gap In a recent disclosure, the Chairman Federal Board of Revenue (FBR) admitted that tax gap of Pakistan is Rs 3,000... Published 29 Jul, 2022 06:14am
Print FBR estimates potential Rs3trn tax gap Gap exists due to tax exemptions given to powerful sectors/lobbies, massive tax evasion, inability of tax machinery to collect due taxes Updated 23 Jul, 2022 02:30pm
Print Tax exemptions cost govt over Rs1.757trn ISLAMABAD: The total tax exemptions, concessions and special tax treatments to various businesses,... Updated 10 Jun, 2022 09:22am
Print PESCO seeks help against imposition of property tax ISLAMABAD: Peshawar Electric Supply Company (PESCO) has sought help from Power Division against imposition of... Updated 08 Jun, 2022 10:05am
Business & Finance ‘Misuse’ of tax exemptions by industries in FATA/PATA: LCCI urges govt to take urgent steps LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) has expressed deep concern over misuse of tax ... Published 23 Feb, 2022 04:54am
Print $6bn EFF: 6th review to be high on IMF board’s agenda for today’s meeting ISLAMABAD: The International Monetary Fund’s Executive Board will take the sixth review of the $6 billion Extended... Updated 02 Feb, 2022 10:44am
Print IPPs: PPIB irked by withdrawal of tax exemptions ISLAMABAD: Private Power and Infrastructure Board (PPIB) is reportedly unhappy at the government’s decision... Updated 29 Jan, 2022 09:40am
Business & Finance Expert speaks about criticality of industrial growth KARACHI: Industry set up in Pakistan, especially in Karachi, has become almost impossible because of exorbitant land... Published 29 Jan, 2022 06:05am
Business & Finance Import of solar panels, other items: govt urged to restore tax exemptions KARACHI: The federal government has removed tax exemptions on the import of solar panels and its products in the... Published 26 Jan, 2022 04:41am
Business & Finance LCCI chief says withdrawal of tax exemptions will add to economic woes LAHORE: President of the Lahore Chamber of Commerce & Industry Mian Nauman Kabir while expressing concern on the... Published 12 Jan, 2022 04:25am
Print Tax exemptions: Two AJK hydropower projects concerned at proposed withdrawal ISLAMABAD: Two hydropower projects of cumulative capacity of 1824.7MW being established in Azad Jammu and Kashmir... Updated 10 Jan, 2022 09:26am
Opinion Memorandum on the Finance (Supplementary) Bill, 2021 BACKGROUND AND HIGHLIGHTS OF THE FINANCE (SUPPLEMENTARY) BILL, 2021 The Government claims to have presented the... Published 06 Jan, 2022 04:13am
Pakistan Tarin rejects opposition's claims, says 'mini-budget' will not hike inflation Says Pakistan’s sovereignty will not be compromised due to the State Bank of Pakistan autonomy bill Published 30 Dec, 2021 08:02pm
Editorials Ending tax exemptions EDITORIAL: The pledge made repeatedly by the Advisor to the Prime Minister on Finance Shaukat Tarin subsequent to ... Published 14 Dec, 2021 06:40am
Print Tax exemptions to go: Tarin KARACHI: Adviser to the Prime Minister on Finance and Revenue, Shaukat Tarin Friday said the government will not... Updated 27 Nov, 2021 12:32pm
Print International Sukuk issuance: FBR grants tax exemptions ISLAMABAD: The Federal Board of Revenue (FBR) has granted tax exemptions in respect of International Sukuk Issuance... Updated 13 Nov, 2021 09:40am
BR Research IMF review: balancing act? The IMF review is in the final stage. Yet not everything is final. There is nothing new or out of the blue which is... Published 08 Nov, 2021 07:25am
BR Research Can STZA fly? The current government’s experiment to attract FDI specifically in technology sectors (with an eye on boosting... Published 05 Oct, 2021 07:35am
Print Economic Survey 2020-21: Tax exemptions, concessions cause massive govt loss ISLAMABAD: The total tax exemptions and concessions to various businesses, sectors/industries, lobbies/ groups and... Published 11 Jun, 2021 03:41am
Business Tax exemption violation in erstwhile FATA: Senate chairman seeks report from FBR, ministries ISLAMABAD: Chairman Senate Sadiq Sanjrani Tuesday sought a report from Federal Board of Revenue (FBR) and ministries... Published 21 Apr, 2021 03:21am
Business Oman to boost VAT exemptions, hike subsidies DUBAI: Oman plans to widen exemptions to a value-added tax (VAT) it will introduce this month and increase certain... Published 09 Apr, 2021 04:51am