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Business & Economy Published 10 Jun, 2022 08:49pm

Tax collection target set at Rs7,004 bn for next fiscal year

FBR chairman says government focus is on direct taxes

Pakistan Published 31 May, 2022 06:05pm

Officers can’t confiscate imported items you bring on flights into Pakistan

Only commercial amounts of imported items will be seized

▶️ Videos Published 31 May, 2022 03:40pm

Rate of Tax should be Rationalised | Tax Aur Aap | 30 May 2022 | Aaj News

Rate of Tax should be Rationalised | Tax Aur Aap | 30 May 2022 | Aaj News

Business & Economy Published 27 Apr, 2022 06:03pm

Govt reappoints Asim Ahmad as FBR chairman

A notification is issued after the cabinet approved the summary to remove Ashfaq Ahmed Khan from the post

Business & Economy Updated 16 Apr, 2022 06:59pm

Premier Shehbaz directs FBR to meet revenue collection target of Rs6.1tr

FBR chairman says they will brief PM about industrial incentives next week

Pakistan Published 09 Apr, 2022 11:51am

FBR disallows input tax adjustment on 778 goods

Sector experts says denial of input tax adjustment on 778 items would have serious consequences for the manufacturers of oil and ghee and steel sector

Business & Economy Published 05 Apr, 2022 11:44am

DRAP restricts import, sale of conventional disposal syringes

Revises customs values on import of syringes, sanitary items

Pakistan Published 05 Apr, 2022 11:10am

Pharma sector warns of shortage of lifesaving drugs

Cites high cost of inputs/raw materials due to 17% sales tax and non-payment of sales tax refunds as reason

Business Updated 29 Mar, 2022 12:20pm

PSMA seeks govt nod to export surplus sugar

Says govt didn’t fulfill its promises of giving working capital to the sugar mills

Pakistan Updated 29 Mar, 2022 11:20am

Govt ‘fears’ domestic, global crisis may impact economic recovery

Says inflation, current account deficit are still under pressure

Must Read Published 28 Mar, 2022 10:17am

FBR seizes Rs475m worth of smuggled goods in Balochistan

Four of the 11 containers were fully loaded with fabric

Business Published 28 Mar, 2022 12:09am

Budget 2022-23: Exclusion of furniture makers from category of Tier-I retailers recommended

Federal Tax Ombudsman recommends resolution of the grievance of furniture manufacturers

Pakistan Published 26 Mar, 2022 11:06am

Scanning of vehicles carrying goods a must: FBR

Says all vehicles shall be weighed at a weighbridge inside cargo terminal

Pakistan Published 20 Mar, 2022 10:53am

FBR orders physical verifications of manufacturers

Move aimed at checking fake sales tax registrations

Pakistan Published 19 Mar, 2022 09:40am

FBR ‘drafting’ presidential ordinance to provide incentives to IT sector

If the Ordinance is promulgated before next fiscal year, the ordinance will only give tax benefits and no new taxation

Business Published 08 Mar, 2022 08:47am

Govt ‘allows’ expats to use imported mobile phones for 120 days

New system also checks the abuse of Device Identification Registration and Blocking System

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