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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...

Pakistan Published 12 Dec, 2021 11:16am

FBR seeks to slap 17% sales tax on various items

Tax generating authority plans to make the under Proposed Tax Laws (Fourth) Amendment Bill:

Business Published 08 Dec, 2021 02:47pm

New property valuation rates held in abeyance

By Sohail Sarfraz ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday held in abeyance the new property...

Published 07 Dec, 2021 12:05pm

Notices to Nawaz, late wife: SC dismisses FBR’s plea

ISLAMABAD: The Supreme Court dismissed the Federal Board of Revenue's (FBR) appeal as it failed to furnish proof of...

Business Published 05 Dec, 2021 02:43pm

FBR ready to revise downward values of immovable properties

Says recently notified property valuation was finalized through a consultative process by the field formations

Business Published 23 Nov, 2021 09:58am

SBP autonomy, Sales Tax exemptions: PTI allies drag their feet over key draft bills

ISLAMABAD: Allies of the ruling party, Pakistan Tehreek-e-Insaf (PTI), have conveyed to it that they would first...

Business Published 23 Nov, 2021 09:57am

FBR to withdraw Rs330bn ST exemptions

ISLAMABAD: “The Income Tax (Second Amendment) Bill, 2021” issued subsequent to its passage through the Finance...

Business Published 22 Nov, 2021 09:57am

Programme revival: Pakistan, IMF reach staff-level agreement on sixth review

By Bilal Memon Uncertainty around the announcement ended on Monday as Pakistani authorities and the International...

Business Updated 19 Nov, 2021 01:12pm

PM explains how dependence on IMF can be ended

ISLAMABAD: Prime Minister Imran Khan said on Thursday that the country would not need the International Monetary ...

Pakistan Published 13 Nov, 2021 01:08pm

FBR’s website fully restored

ISLAMABAD: The Federal Board of Revenue (FBR)’s official website is fully back online after it briefly stopped...