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Business & Economy Published 26 Jun, 2024 10:03am

Govt to block bank accounts of non-filers under amended finance bill 2024

Finance Bill 2024 will also introduce a change in the sales tax regime

Business & Economy Published 22 Jun, 2024 11:02am

FBR to increase property valuation rates in major cities to 90% of market value

FBR planned to introduce a simplified tax scheme for retailers

Business & Economy Published 17 Jun, 2024 05:23pm

Fertiliser sector avails massive Rs252.6b tax exemption in 2022-23

Agriculture saw extraordinary growth of 28.1%

Pakistan Published 15 Jun, 2024 10:11pm

Senate committee rejects proposal for 15% tax on property

FBR chairman says gas and electricity connections of no-filers will be cut

Business & Economy Published 15 Jun, 2024 04:08pm

GST imposed on wheat, pulses, rice, sugar, spices

Chairman FBR offers formula milk companies to reduce prices by 18% to avoid GST

Pakistan Updated 12 Jun, 2024 10:39pm

Pakistan decides to impose travel ban on non-filers

Proposes penalty of Rs10m for travel agencies that fail to implement new regulations

Business & Economy Published 10 Jun, 2024 10:51pm

FBR orders Netflix to pay over Rs200,000 worth of income tax: report

Serves notice to streaming giant’s Singapore office

Business & Economy Published 28 May, 2024 11:14pm

FBR’s WeBOC system to be replaced with new system

The project has been funded by the World Bank

Business & Economy Updated 27 May, 2024 09:28am

Government likely to impose additional taxes on non-filers

Ruling party expected to bring major tax changes in Finance Bill 2024

Pakistan Published 17 May, 2024 08:21pm

FBR forms joint working group for blocking non-filer sims

The group includes representatives of PTA and cellular companies

Business & Economy Published 17 May, 2024 11:06am

Govt likely to increase tax on immovable properties’ purchase

Taxation of real estate came under discussion during FBR, IMF talks

Pakistan Updated 14 May, 2024 01:30pm

IHC bars government from blocking SIMs of non-filers

IHC Chief Justice Aamer Farooq gives a stay order on the application

Business & Economy Updated 12 May, 2024 03:38pm

‘No turning back’: Finance Minister Aurangzeb vows to broaden tax base

‘We [I and Dar Sb] are absolutely on the same wavelength that there is no such thing as strategic SOE’

Business & Economy Published 12 May, 2024 11:08am

Committee formed to fix bottleneck in Tajir Dost Scheme implementation

As of April 30, only 75 retailers and shopkeepers have been registered under scheme

Business & Economy Published 10 May, 2024 09:57am

Aurangzeb orders FBR to crack down on fraudulent sales tax and fake invoices

He discussed various tax-related initiatives

Pakistan Updated 09 May, 2024 04:42am

Telecom Operators Association denies reports of agreement to block SIMs

Association says another meeting is planned to discuss issue

Business & Economy Published 08 May, 2024 09:30am

Telcos and FBR reach consensus on blocking SIMs of non-filers

Telcos request to provide 1.5 weeks to implement the measure

Business & Economy Updated 07 May, 2024 11:42am

IMF asks Pakistan to impose Rs1.3tr of taxes in budget: report

Rs1.3tr additional taxes are equal to 1% of size of next year’s economy

Business & Economy Published 06 May, 2024 11:00am

FBR to ‘summon’ telcos operators over blocking SIMs of non-filers

Say PTA refusal has no relevance

Business & Economy Updated 05 May, 2024 10:52am

FBR may further tighten noose on non-filers

Tax expert says authority may order blocking SIMs of 1.4m non-filers

Pakistan Updated 04 May, 2024 07:33pm

PM Shehbaz warns FBR of outsourcing system if tax collection target not met

Awards Rs1m each to best performing FBR officers

Business & Economy Published 04 May, 2024 12:58pm

Telcos refuse to block millions of SIMs amid tax crackdown

Federal govt may take action over non-compliance, reports says

Business & Economy Updated 02 May, 2024 10:13am

FBR acts against construction of commercial tower in Islamabad

The property, being developed by a leading builder, is believed to be owned by benamidar

Business & Economy Updated 30 Apr, 2024 10:03pm

FBR orders PTA, telcos to block over 500,000 mobile SIMs of non-filers

Authority says decision taken after they failed to file taxes

Business & Economy Updated 28 Apr, 2024 10:27pm

Pakistan signs agreement with McKinsey to digitise FBR

Finance Minister Muhammad Aurangzeb calls for reimagining economy

Pakistan Published 25 Apr, 2024 08:51am

Govt brings new tax bill to clip powers of inland revenue commissioners

Cases beyond a certain threshold will go to the tribunal instead of commissioner

Business & Economy Updated 14 Apr, 2024 06:11pm

FBR collects traders’ data as drive to widen tax net picks up pace

Officials say government serious about increasing tax revenue

Pakistan Published 09 Apr, 2024 11:28am

FBR to block sims of 500,000 non-filers after Eid

The list of non-filers has already been finalised after discussion with PTA

Pakistan Published 31 Mar, 2024 11:11am

FBR launches ‘Tajir Dost’ scheme with April 30 registration deadline

Traders will be asked to pay tax from July 1

Business & Economy Published 26 Mar, 2024 08:47am

Politics dictating choice of cities for trader tax scheme, analysts say

The scheme has not been extended to Faisalabad and Sialkot