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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

Business & Economy Published 23 Mar, 2024 03:02am

FBR orders educational institutes, retailers, other small businesses to install POS by July 1

SRO lists types of educational institutes, professionals, service providers to be affected by new rules

Business & Economy Published 09 Mar, 2024 12:16am

FBR imposes sales tax on locally manufactured cars

Twenty-five per cent GST is already on cars with engine capacity of 1400cc and above

Business & Economy Updated 30 Jan, 2024 05:01pm

ECP bars caretaker PM from allowing FBR revamp plan

Under the plan approved by cabinet, Federal Tax Policy Board will be constituted in Revenue Division

Pakistan Published 30 Jan, 2024 03:50pm

ECP bars PM Kakar from making changes in FBR

Adds that only elected govt can make such changes

Business & Economy Published 29 Dec, 2023 10:51am

Massive corruption scandal in solar panel import uncovered

12 companies were found involved in this trade-based money laundering

Business & Economy Published 07 Dec, 2023 11:05pm

FBR shares tax reform plans with IMF

Talks with the IMF technical team have concluded

Business & Economy Published 07 Dec, 2023 07:35pm

Over 10,000 FBR officers did not file returns: sources

The number includes senior officers as well

Business & Economy Published 05 Dec, 2023 07:36pm

FBR tells IMF it plans to disconnect power connections of non-filers

The board says it had sent notices to 746,000 defaulters

Pakistan Published 30 Nov, 2023 12:47pm

FBR unfreezes PIA’s accounts after successful negotiations

The accounts had been frozen on Wednesday

Business & Economy Published 29 Nov, 2023 08:35pm

FBR freezes PIA bank accounts for failing to pay taxes: sources

They say the national flag carrier has not filed tax returns since Feb

Pakistan Published 29 Nov, 2023 12:13pm

IMF team discusses establishing autonomous customs body

The ongoing talks have no link to the IMF program, sources said

Business & Economy Updated 27 Nov, 2023 12:46pm

IMF team arrives in Islamabad for tax talks

Policy changes agreed by the IMF could be added to the next budget

Business & Economy Published 18 Nov, 2023 10:55pm

FBR to block SIMs, disconnect utility connections of non-filers

Officials to obtain and utilise third-party data acquired from multiple departments and agencies

Business & Economy Published 09 Nov, 2023 12:20pm

IMF demands more taxes on retailers, agriculture and real estate

Fund asks for targets to be met at 'all costs'

Business & Economy Published 31 Oct, 2023 04:32pm

Govt all set for IMF negotiations after gas price hike

FBR also surpassed tax collection target during the first quarter

Business & Economy Updated 28 Oct, 2023 05:23pm

IMF team to visit Pakistan on November 2: finance minister

Says govt implemented IMF programme

Business & Economy Published 01 Oct, 2023 08:28am

Tax return filing deadline extended to Oct 31, 2023

FBR says decision was taken on trade bodies, tax bar associations demand