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Business & Economy Published 10 Sep, 2024 10:48am

FBR considering category-based tax for traders

FBR has agreed to reduce the upper slabs of fixed tax

Pakistan Published 09 Sep, 2024 07:05pm

FBR earns millions by collecting one rupee on each Point-of-Sale fee

Collects PoS fees totalling over Rs5.9 billion in the last fiscal year

Business & Economy Published 03 Sep, 2024 10:35am

FBR proposes 1% increase in withholding tax rates effective October 1

The withholding taxes accounted for over 70% of total direct tax revenue in FY 2023-24

Business & Economy Published 01 Sep, 2024 11:36pm

FBR collects Rs1,588b in two months; imports decline

Collected Rs593b under head of domestic income tax

Business & Economy Published 31 Aug, 2024 07:34pm

Just 277 retailers step up under Tajir Dost Scheme

Number of registered retailers has reached 63,964 under the initiative

Business & Economy Updated 27 Aug, 2024 11:00pm

FBR denies rumours of amnesty scheme for smuggled vehicles

There are no proposals under consideration at the FBR, says FBR

Business & Economy Published 27 Aug, 2024 12:15am

FBR decides to amend SRO two days before traders strike

There is no justification left for a strike against the scheme, says Tajir Dost Scheme coordinator

Business & Economy Published 25 Aug, 2024 10:46pm

Sindh, Balochistan traders to strike on Aug 28 against taxes, high electricity bills

Tajir Dost Scheme coordinator invites traders for meeting on Tuesday

Business & Economy Published 22 Aug, 2024 03:57pm

PM to unveil 5-year economic revival plan after stakeholder consultations

Buna-Raast connectivity project is linking the Raast payment mechanism in Pakistan

Business & Economy Updated 22 Aug, 2024 07:48pm

FBR imposes 11% customs duty on 4G MiFi, mobile WiFi modems import

Decision resolves previous confusion created by Directorate of Post Clearance Audit (Central) Lahore

Business & Economy Published 20 Aug, 2024 01:13pm

FBR sets deadline for income tax return filings

FBR emphasizes the tax filing obligation extends to all those with foreign travel records

Business & Economy Published 14 Aug, 2024 03:34pm

Gilgit-Baltistan to tax imported goods

Collector writes to the FBR to implement the order

Business & Economy Updated 10 Aug, 2024 09:54pm

No taxes will be imposed on prize money received by Arshad Nadeem, clarifies FBR

Says awards, prizes won in Olympic sports are exempted from taxation

Business & Economy Published 10 Aug, 2024 09:46am

Nine iron and steel importers caught in massive money laundering scheme

PCA teams found that these companies were physically non-existent

Business & Economy Published 07 Aug, 2024 08:41pm

Rashid Mahmood Langarial appointed new FBR chairman

Decision comes after former FBR chief sought early retirement

Business & Economy Published 02 Aug, 2024 09:38am

Conditions for GST payment and tax returns relaxed

FBR has relaxes conditions for sales taxpayers

Pakistan Published 31 Jul, 2024 12:38pm

FBR Chairman seeks early retirement amid tensions with PM office

There were disagreements over issues like the construction of FBR office buildings

Business & Economy Published 31 Jul, 2024 11:10am

Gain tax not to apply on properties purchased before July 1, 2024

The concept of holding period done away for purchases in new fiscal year

Business & Economy Published 26 Jul, 2024 03:03pm

FBR lowers FY25 tax collection target after IMF approval

FBR has set a tax collection target of Rs. 2.642 trillion

Business & Economy Updated 16 Jul, 2024 11:52pm

People sitting in federal, provincial governments are duffers: Shabbar Zaidi

Says Karachi heading towards ‘economic genocide’

Business & Economy Published 13 Jul, 2024 03:08pm

FBR targets retailers and small shops with new monthly tax scheme

The expansion of the tax net is necessary to meet the conditions of the $7 billion loan

Business & Economy Updated 06 Jul, 2024 11:48pm

Karachi traders threaten to declare markets ‘no-go area for tax collectors’

Boycott FBR meeting, demand chairman’s apology

Business & Economy Published 04 Jul, 2024 06:31pm

FBR blocks 210,000 SIM cards to encourage tax payment

Pakistan has over 192m cellphone subscribers and four telecommunications service providers

Pakistan Published 28 Jun, 2024 06:49pm

Govt to form wing to prevent tax evasion, fraud

Finance Minister Muhammad Aurangzeb presents amended Finance Bill in Parliament

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