Corporate sector contributes Rs3,061bn as income tax ISLAMABAD: The corporate sector contributed Rs 3,061 billion as income tax during 2023-24, according to a new... Updated 09 Jan, 2025 02:10pm
Print FBR tax collection: Contribution of LTO Karachi highest ISLAMABAD: The contribution of Large Taxpayer Office (LTO) Karachi in overall tax collection (income tax, sales tax,... Updated 09 Jan, 2025 03:09pm
Business & Finance ‘NKATI ready to work with all associations for budget proposals’ KARACHI: Faisal Maize Khan, President of the North Karachi Association of Trade and Industry (NKATI), has stated the... Published 08 Jan, 2025 06:26am
Pakistan ‘Ineligible persons’: stock brokers urge Aurangzeb for consultation on Tax Law (Amendment) Act KARACHI: Pakistan Stock Brokers Association (PSBA) has urged Finance Minister Muhammad Aurangzeb to consult... Updated 07 Jan, 2025 10:12pm
Opinion Review of the IMF programme This is the appropriate time to review progress on implementation of the reforms committed to the IMF in the new IMF... Updated 07 Jan, 2025 07:22am
Print Tax evasion: FBR seeks data from different countries ISLAMABAD: The Federal Board of Revenue (FBR) has processed 30 requests received from international tax... Updated 07 Jan, 2025 08:54am
Print ATIR rejects e-scanned signatures of overseas Pakistani ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) Islamabad has issued an order against an overseas Pakistani... Updated 07 Jan, 2025 09:25am
Print FBR voices concern over disparities in tax compliance ISLAMABAD: The Federal Board of Revenue (FBR) has expressed serious concern over significant disparities in tax... Updated 06 Jan, 2025 09:30am
Print Unrecognised educational institutions: FTO to file report to president on tax affairs ISLAMABAD: The Federal Tax Ombudsman (FTO) will file a comprehensive report to President of Pakistan on a reference... Updated 06 Jan, 2025 03:17pm
Print FBR makes commitment of open dialogue with stakeholders ISLAMABAD: Rashid Mahmood Chairman FBR/ Secretary Revenue Division has taken a major decision to restore trust of... Updated 06 Jan, 2025 03:12pm
Business & Finance ATIR urges FBR to act efficiently in executing tax demands ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) has held that long silence and inaction by Federal Board of... Published 03 Jan, 2025 07:35am
Business & Finance Tax reductions can help boost sales: APCMA: Dec domestic cement despatches fall 4.76pc YoY LAHORE: Referring to a 4.76 percent decline in domestic cement despatches during the month of December 2024, the All... Published 03 Jan, 2025 07:28am
Print Tax on foreign property income: PTBA for larger bench to address ‘conflicting rulings’ KARACHI: The Pakistan Tax Bar Association (PTBA) has called for a larger bench to address conflicting rulings on the... Updated 03 Jan, 2025 08:53am
Pakistan PBC urges govt to avoid past mistakes, identifies five risks to Pakistan’s economy The Pakistan Business Council (PBC), the country’s leading corporate advocacy platform, highlighted five major... Updated 02 Jan, 2025 06:11pm
Print Coercive interpretation of fiscal laws: IHC slaps heavy penalties on FBR officers ISLAMABAD: The Islamabad High Court (IHC) in a major decision has set a precedent by imposing significant costs on... Updated 02 Jan, 2025 08:53am
Opinion Prospects for 2025 The year 2025 will come after a year which has witnessed both positive and negative trends. The GDP growth rate has... Updated 31 Dec, 2024 07:02am
Business & Finance PBF demands govt restructure tax machinery LAHORE: Pakistan Business Forum (PBF) has called on the federal government to restructure the Federal Board of... Published 31 Dec, 2024 06:32am
Print Around Rs148bn shortfall: FBR likely to collect Rs1.225trn this month ISLAMABAD: The Federal Board of Revenue (FBR) has estimated to collect Rs1,225 billion during December 2024 against... Updated 31 Dec, 2024 09:15am
Editorials Move to facilitate overseas Pakistanis EDITORIAL: In a move purported to be for the benefit of overseas Pakistanis, the FBR has announced the launch of an... Updated 31 Dec, 2024 06:57am
Print Aurangzeb for bringing elite class into tax net FAISALABAD: Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb said on Sunday that the elite... Updated 30 Dec, 2024 02:42pm
Print RTO Rawalpindi takes actions against tax evasion RAWALPINDI: The Regional Tax Office (RTO) Rawalpindi, under the direction of Chief Commissioner Inland Revenue (IR)... Updated 30 Dec, 2024 09:13am
Business & Finance Dec inflation expected to hold in 4-5pc range: FD ISLAMABAD: Finance Division while anticipating optimistic outlook for the ongoing fiscal year with inflation to... Published 28 Dec, 2024 05:59am
Opinion Fiscal crisis and reset Pakistan’s fiscal system has long been under immense strain due to the mounting pressure of borrowing and the... Published 27 Dec, 2024 06:27am
Business & Finance HNWIs to be taxed: Aurangzeb unveils FBR digitisation strategy ISLAMABAD: Minister for Finance Muhammad Aurangzeb Thursday unveiled the government’s strategy to implement... Updated 27 Dec, 2024 09:17am
Editorials Tax bill aimed at tightening noose EDITORIAL: The bill to grant tax authorities sweeping powers to enforce compliance was tabled and is expected to ... Updated 27 Dec, 2024 07:32am
Print Investments in real estate: Overseas Pakistanis now eligible for exemption from higher tax rates KARACHI: In a significant move to attract foreign investments in the real estate sector, overseas Pakistanis are now... Updated 27 Dec, 2024 03:15pm
Business & Finance Pakistan’s top 5% earners liable to pay Rs1.6trn in taxes, says FBR chief During press conference alongside finance minister, Langrial says income tax evasion happening at massive scale Updated 26 Dec, 2024 10:53pm
Print Purchase of property thru non-banking transactions: Buyers and sellers will face penalty ISLAMABAD: After heavy taxation on buying/selling of immovable properties and increase in Federal Board of Revenue’s... Updated 26 Dec, 2024 03:14pm
Print Aurangzeb throws light on people’s approach to tax obligations ISLAMABAD: Finance Minister Muhammad Aurangzeb, Tuesday, disclosed that people are ready to pay more money (tax),... Updated 25 Dec, 2024 09:22am
Print Senate panel to consider tax laws bill today ISLAMABAD: The Senate Standing Committee on Finance and Revenue is scheduled to meet on Tuesday (today) to consider... Updated 24 Dec, 2024 03:28pm