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Business Published 07 Mar, 2022 08:41am

FBR allows IR commissioner to re-compute tax payable by declarant of amnesty scheme

Powers have been given to the Commissioner Inland Revenue under the tax amnesty scheme

Pakistan Published 05 Mar, 2022 11:01am

SC seeks report from FBR on revenue claims worth Rs3.5tr stuck in litigations

Sources says registrar office has asked the Attorney General’s office to get the comprehensive report from the board

Business Published 02 Mar, 2022 10:47am

Edible oil stocks at all-time low as cooking oil industry calls for reviewing import volume

PVMA urges govt to set import tariff price of edible oil products at average price prevailed during July 1 2021 till January 31 2022

Business Published 28 Feb, 2022 10:23am

FTO calls for security audit of FBR’s IT-Wing

Ombudsman had unearthed systematic flaws in security of confidential/classified data of taxpayers

Pakistan Updated 27 Feb, 2022 01:20pm

FBR empowers inland revenue commissioner to seal outlets over unverified invoices

Board issued new procedure for sealing of business premises of integrated tier-1 retailers

Pakistan Published 26 Feb, 2022 11:05am

FTO suggests FBR to set minimum limit for tax exemption from daily-wage earners

Ombudsman says purpose of recommendation is low-income daily-wage earners be treated at par with salaried persons

Business Published 10 Feb, 2022 10:49am

FBR to launch ‘Tax Asaan Portal’ to document non-filers

The Federal Board of Revenue will take the initiative with the help of Nadra's tax profiling

Business Published 05 Feb, 2022 10:59am

2019 amnesty scheme: FBR approaches govt to bar NAB from sharing taxpayers information

Board to take up provision of info to NAB issue on Tuesday

Business Published 31 Jan, 2022 10:03am

FBR 'introducing steps' to regulate foreign currencies' movement

One of the proposals under consideration is to ensure declaration of dollars by all incoming and outgoing passengers

Business Published 30 Jan, 2022 09:31pm

Govt increases regulatory duty on EVs, other vehicles

FBR increases regulatory duty from 15 to 50 percent on the import of sports utility vehicles

Pakistan Published 30 Jan, 2022 09:46am

No one can be denied his right to be dealt with law, says SC in detailed verdict on Justice Isa case

Justice Yahya Afridi in his additional note stated the tax officials on unlawful directions by Shahzad Akbar and Farogh Naseem breached the statutory confidentiality of Sarina Faez Isa’s tax returns

Pakistan Published 25 Jan, 2022 04:27pm

PIA emerges as non-filer of FED, sales tax returns

Pakistan International Airlines (PIA) has emerged as a non-filer of Federal Excise Duty (FED ) and Sales Tax (ST)...

Business Published 23 Jan, 2022 11:25am

FBR will approach SBP over refunds to EPZ foreign investors in USD

Board will seek clarification from the state bank

Business Published 22 Jan, 2022 06:08pm

FBR chief has pledged to withdraw notices against exchange companies: Malik Bostan

KARACHI: Chairman of Federal Board of Revenue (FBR) has promised to withdraw unnecessary notices against the ...

Pakistan Published 17 Jan, 2022 11:18am

President apologizes to senior citizen over FBR's administrative injustice

Dr Arif Alvi took exception to the FBR's decision wherein the bureau had refused to refund Rs2,333

Business Published 16 Jan, 2022 07:46pm

Govt enforces Finance (Supplementary) Act, 2022

Under the Finance (Supplementary) Act, 2022, the sales tax would be applicable from the next day of the assent given by the president

Business Published 15 Jan, 2022 10:50am

FBR to monitor all transactions of foreign exchange dealers, companies

Board has included foreign exchange dealers/exchange companies in the list of the businesses that are required to online integrate their businesses

Business Published 07 Jan, 2022 11:25pm

Tarin urges unregistered taxpayers to pay taxes before the FBR reaches them

Finance Minister says that the government has proper data now and it doesn't need to send notices

Pakistan Published 07 Jan, 2022 09:08am

FBR chief speaks about IMF’s tax outlook, priorities

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Dr Muhammad Ashfaq Thursday said all-out efforts are being made ...

Pakistan Published 03 Jan, 2022 09:00pm

FBR tax directory: Guess how much PM Imran, Shehbaz Sharif, Asif Zardari paid in 2019?

According to the FBR Tax Directory Prime Minister Imran Khan paid tax returns worth Rs9.85 million

Business Published 02 Jan, 2022 10:47am

FBR 'can disclose info' of politically exposed persons under Finance (Supplementary) Bill, 2021

Section 216 of the ITO governs the disclosure of information by a public servant

Business Published 01 Jan, 2022 11:03am

FBR collects Rs287bn more revenue

ISLAMABAD: The Federal Board of Revenue (FBR) has collected net revenue of Rs2,920 billion during July-December...

Business Published 31 Dec, 2021 01:30pm

Mini Budget, SBP (Amendment) Bill: NA session adjourned again

The approval of the Finance (supplementary) Bill, 2021 and State Bank of Pakistan (Amendment) Bill, 2021 was again...

Business Updated 18 Dec, 2021 02:21pm

New web portal for tax non-filers on the cards

ISLAMABAD: The Federal Board of Revenue (FBR) will launch a new web portal for millions of ...

Business Updated 13 Dec, 2021 04:31pm

17pc ST on cell phones valuing above $200 on the cards

Sohail Sarfraz ISLAMABAD: The government is planning to impose a standard rate of 17 percent sales tax on import of...