Educational, health institutions: Senate panel tells FBR to give details of tax, duty relief ISLAMABAD: The Senate Standing Committee on Finance has sought details of the educational and health institutions... Updated 07 Aug, 2024 08:36am
Business & Finance Fruit and Vegetables Association team meets LCCI chief LAHORE: A delegation from the Fruit and Vegetables Association held a meeting with Kashif Anwar, President of the... Published 11 Jul, 2024 06:32am
Pakistan Bureaucrats, military personnel: Khaqan, Miftah lambaste tax exemptions ISLAMABAD: Former prime minister Shahid Khaqan Abbasi on Monday criticised the tax exemptions given to civilian... Published 02 Jul, 2024 05:07am
Print FBR to impose sales tax on stationery items ISLAMABAD: Despite announcement of withdrawal of sales tax on stationery items, the amended Finance Bill 2024 would... Updated 27 Jun, 2024 11:32am
Print Foreign travel ban on non-filers: NICOP holders, minors, students to be exempted Tax expert questions how FBR would impose ban on non-filers (family members), who are actually dependent on the filer Updated 24 Jun, 2024 01:33pm
Business & Finance Fata and Pata: PALSP says tax exemptions will ‘destroy economy’ ISLAMABAD: Steel & Edible Oil & Ghee industries are deeply concerned over reports of govt’s intention to... Published 24 Jun, 2024 07:00am
Print Income Tax Expenditure (cost of exemption) estimated at Rs476.96bn ISLAMABAD: The Income Tax Expenditure (cost of exemption) has been estimated at Rs 476.96 billion during 2022-23.... Updated 17 Jun, 2024 03:03pm
Business & Finance Fata, Pata: PALSP hails reduction in tax exemptions thru FY25 budget ISLAMABAD: The measures taken by the government in budget 2024-25, especially gradual reduction in tax exemptions... Published 16 Jun, 2024 02:40am
Print Tax exemptions, zero-rating cost kitty over Rs3.87trn ISLAMABAD: Total tax exemptions, concessions, zero-rating and special tax treatments to various businesses,... Updated 12 Jun, 2024 08:59am
Print FATA, PATA regions: No law under study to grant tax relief: Aurangzeb ISLAMABAD: Federal Minister for Finance Senator Muhammad Aurangzeb said there is no legislation under government... Updated 17 May, 2024 09:07am
Pakistan Govt will not propose extension in tax exemptions for ex-FATA, PATA: Aurangzeb Finance Minister Muhammad Aurangzeb on Thursday said the government has decided to withdraw tax and duty exemptions... Updated 16 May, 2024 08:19pm
Print Erstwhile tribal areas: Tax, duty exemptions not to be extended beyond June 30 ISLAMABAD: The government has decided not to further extend the exemption from duties and taxes for the erstwhile... Updated 08 May, 2024 09:19am
Opinion Freelancer tax exemptions killing IT export corporate sector? Just like IT export businesses, Pakistan also gives tax exemptions to freelancers on their export income. However,... Updated 20 Mar, 2024 04:11am
Business & Finance Tax authorities fail to encash expired bank guarantee as govt dues LAHORE: Tax authorities have failed to encash expired bank guarantee for recovery of government dues, said sources.... Published 16 Feb, 2024 06:02am
Business & Finance Customs detects Rs27.5bn tax ‘evasion’ KARACHI: An alarming tax evasion scam has been detected by Directorate Post-Clearance Audit (PCA) South, revealing... Published 16 Feb, 2024 06:02am
Business & Finance AJK, FATA/PATA: KCCI seeks withdrawal of tax exemption to protect importers of black tea KARACHI: Senior Vice President of the Karachi Chamber of Commerce & Industry (KCCI) Altaf A Ghaffar has urged ... Published 16 Feb, 2024 06:02am
Business & Finance A tug of war between tax dept and welfare organisation over surplus income from investments LAHORE: Welfare organisations utilising the surplus income out of their investments for their own beneficiaries are... Published 07 Nov, 2023 06:33am
Business & Finance Carbon alloy wire rod: FBR says RD exemption cannot be granted on import ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) has declared that the ... Published 04 Nov, 2023 06:00am
Opinion No more business as usual—V Much-needed measures for documenting the economy await promulgation of an ordinance for integration of data across... Updated 13 Oct, 2023 06:46am
Print World Bank for taxation of agri income, property ISLAMABAD: The World Bank (WB) has recommended taxation of agricultural income and property, withdrawal of... Updated 10 Oct, 2023 11:22am
Print Shamshad-led task force to introduce tax reforms ISLAMABAD: A task force has been formed for tax reforms, and caretaker Finance Minister Dr Shamshad Akhtar has been... Updated 29 Sep, 2023 03:01pm
Print Govt depts, hospitals, LG and defence institutions: Updated list of FTN recipients issued by FBR FBR to take policy decision on the issuance of the FTNs to the govt authorities including local govt departments and Tehsil municipal authorities seeking tax exemptions Updated 17 Sep, 2023 10:52pm
Opinion Tax expenditure as subsidy to elites: myth or reality? In the last ten or so years, economic issues and tax collection by FBR has been brought increasingly under focus.... Published 12 Sep, 2023 06:51am
Print Dar explains what actually led to changes in budget Says for securing an agreement with the IMF, the government had to impose new taxes Updated 05 Aug, 2023 03:06pm
Print No more tax amenities, exemptions: 10 structural benchmarks set for SBA ISLAMABAD: The International Monetary Fund (IMF) has set 10 structural benchmarks (SBs) for stand-by arrangement... Updated 19 Jul, 2023 09:54am
Opinion Elusive IMF bailout: the end of the road? The International Monetary Fund (IMF) and the country’s political situation are the two main issues that are... Updated 17 Jun, 2023 07:10am
Print FY2023-24 budget: Govt describes tax exemptions as growth ‘triggers’ Says it is sustainable path to provide employment and livelihood to common citizen Updated 17 Jun, 2023 09:00am
Print Senate panel rejects 3 major ST measures ISLAMABAD: The Senate Standing Committee on Finance rejected three major sales tax measures including a one-year... Updated 13 Jun, 2023 08:47am
Print Tax exemptions cost exchequer over Rs2.23trn Cost of tax exemptions registered a growth of 27.43 per cent during 2022-23 as compared to tax expenditure in 2021-22 Updated 09 Jun, 2023 02:49pm
Print Virtual pipeline LNG import terminal: Govt mulling granting tax exemptions ISLAMABAD: The Federal Government is mulling granting tax exemptions to Virtual Pipeline LNG import terminal by... Updated 05 Jun, 2023 08:49am
Air Link CEO confirms company has imported 2 units of Xiaomi SU7, but talk of assembly plant premature
Internet loadshedding?: netizens report disruption in various services on mobile broadband in Pakistan
Air Link CEO confirms company has imported 2 units of Xiaomi SU7, but talk of assembly plant premature