FBR amends Income Tax Rules: SOEs bound to approach ADRCs ISLAMABAD: The state-owned enterprises have been bound to approach the alternate dispute resolution committees... Updated 07 Sep, 2024 03:07pm
Business & Finance Current year’s liability: Tax dept fails to object to adjustment of unverified refund LAHORE: The tax department has failed to object to adjustment of unverified refund towards current year’s... Published 06 Sep, 2024 07:04am
Print Additional taxation steps taken thru amendments to Finance Bill Surcharge shall be payable by every individual and association of persons at the rate of 10 percent of the income tax imposed under Division-I of Part-I of the First Schedule where the taxable income exceeds Rs10 million Updated 29 Jun, 2024 07:43pm
Business & Finance OIR fails to prove wrong adjustment of tax refund LAHORE: An Officer of Inland Revenue (OIR) could not prove that a private limited company engaged in production ... Published 15 May, 2024 05:47am
Business & Finance Tax department fails to recover tax from bank accounts of taxpayer LAHORE: The Tax department has failed to recover the tax assessed from bank accounts of taxpayer without issuance of... Published 23 Apr, 2024 03:41am
Print Notice issued to POL, others: Respondents shall continue to pay tax liability under Sec 4C: IHC ISLAMABAD: The Islamabad High Court (IHC), issuing notice to the respondents (Pakistan Oilfields Limited and... Updated 05 Apr, 2024 09:04am
Pakistan Shifa Tameer-e-Millat varsity: IHC directs FBR not to take steps towards recovery of disputed tax liability ISLAMABAD: The Islamabad High Court (IHC) has directed the Federal Board of Revenue (FBR) not to adopt coercive... Published 01 Feb, 2024 04:52am
Business & Finance Steel re-rolling mills: Tax authorities ignoring special procedure for tax collection? LAHORE: Tax authorities are accused of ignoring amendments to the sales tax law devising special procedure for steel... Published 27 Jan, 2024 06:20am
Print New fixed income tax for retailers on the cards ISLAMABAD: The federal and provincial governments will launch a fixed income tax scheme (Tajir Doost) for... Updated 22 Jan, 2024 10:03am
Print Wrong computation of tax liability: FTO asks FBR to refund excess income tax to taxpayers ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Jah has directed the Federal Board of Revenue (FBR) to refund the... Updated 15 Nov, 2023 09:50am
Print Tax liability of non-filers: Govt mulling giving NADRA new teeth ISLAMABAD: The government is reviewing the powers of the National Database and Registration Authority (NADRA) in the... Updated 31 May, 2023 09:00am
Print High-income earners directed to pay 50pc of super tax liability ISLAMABAD: The Supreme Court Monday directed high-income earners to pay 50 percent of the due liability with regard... Updated 07 Feb, 2023 08:39am
Business & Finance ‘Tax liability on estimations’: FTO asks FBR to revisit its order ISLAMABAD: While disposing of a complaint, the Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue... Updated 04 Feb, 2023 10:18am
Business & Finance Complainant heavily taxed on pension received as remittance: FTO tells FBR to transfer jurisdiction, revisit impugned order ISLAMABAD: The Federal Tax Ombudsman (FTO) has taken serious notice of illegal transfer of jurisdictions of an... Published 28 Dec, 2022 04:12am
Print Big tax defaulters: FBR to auction off properties, trademarks Corporate Regional Tax Office Lahore writes a detailed letter to Director General of the Intellectual Property Organization of Pakistan Updated 05 Dec, 2022 10:40am
Pakistan Desk-audit of 393,441 individuals, AOPs: FTO directs FBR to give justification ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to give justification for the... Published 08 Jun, 2022 08:30am