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Pakistan Published 14 Apr, 2025 03:54pm

Govt mulls tax hikes on food, beverage items in upcoming budget

Proposed tax hike to drive up prices

Pakistan Published 09 Apr, 2025 10:15pm

Massive cut in petroleum prices expected

Declining trend in global oil prices may facilitate the implementation of GST

Business & Economy Published 21 Mar, 2025 09:35pm

Windfall tax collection from banks crosses Rs34 billion as LHC lifts stay order

Landmark tax recovery fuels national treasury, paving the way for public welfare projects

Business & Economy Published 02 Mar, 2025 12:49pm

Salaried class major contributor to withholding tax payments

Major contributors to domestic sales tax during this period included electrical energy

Business & Economy Published 24 Feb, 2025 01:19pm

FBR recovers Rs23b in windfall tax revenue

FBR managed to recover full amount ‘in just one day from such banks’

Business & Economy Published 21 Feb, 2025 02:11pm

Government plans to cut electricity tariff by Rs8 to Rs10 per unit: sources

IMF review mission is scheduled to arrive in Pakistan next month

Business & Economy Published 20 Feb, 2025 03:22pm

Aurangzeb seeks inclusion of undocumented economy in tax system to end ‘free riders’

Finance minister says retail sector accounts for 19% of total GDP

Business & Economy Published 15 Feb, 2025 11:04am

Govt withdraws key powers from FBR in compliance with IMF demands

Decision aims to enhance transparency, efficiency within the tax system

Business & Economy Updated 09 Feb, 2025 11:43pm

Reasonable tax will be imposed on wholesalers, retailers, traders: adviser to finance minister

Khurram Schehzad says there were many irregularities in pensions

Pakistan Published 25 Jan, 2025 11:45am

Ajrak number plates to be mandatory in Sindh starting April 3

Excise department would assist by maintaining records of outstanding challans

Pakistan Published 15 Jan, 2025 11:12am

FBR reshuffles over 40 senior officers in major administrative changes

Reshuffle includes key positions across various departments

Business & Economy Published 08 Jan, 2025 01:07pm

Karachi tops as Pakistan’s leading tax contributor in FY24

Karachi's contributions exceeded those of other major cities

Business & Economy Published 07 Jan, 2025 08:58am

FBR seeks data from 17 foreign countries to fight tax evasion

FBR is ensuring that MNCs report financial activities across different jurisdictions

Business & Economy Updated 26 Dec, 2024 05:31pm

Senate Standing Committee on Finance approves tax laws amendment bill

Committee forms subcommittee to address solar scandal

Business & Economy Published 23 Dec, 2024 09:21am

Rental income, capital gains from UAE and UK exempted from taxes in Pak

The assessing officer responded by issuing a show cause notice

Pakistan Published 19 Dec, 2024 09:50am

FBR to share tax return data with banks under new law

FBR can share income, turnover, bank account numbers, wealth and financial statements

Business & Economy Published 06 Dec, 2024 07:30pm

FBR imposes withholding tax on wedding events

A percentage of withholding tax will also be charged on the booking of any event

Business & Economy Published 03 Dec, 2024 05:54pm

New car tax changes loom for owners of older vehicles in UK

Among such changes is unexpected freeze on previously announced five pence per litre fuel duty reduction

World Published 23 Nov, 2024 11:35am

Trump nominates Scott Bessent as Treasury Secretary

Decision comes after intense deliberations

Business & Economy Published 19 Nov, 2024 05:41pm

AGPR overhauls tax adjustment system for salaried workers, pensioners

Move is designed to eliminate the cumbersome refund processes that have long plagued taxpayers

Business & Economy Published 02 Nov, 2024 06:22pm

Risk of Rs500b mini-budget looms as govt fails to meet IMF demands

Sources say Pakistan will have to present two to three mini-budgets

Business & Economy Published 24 Oct, 2024 03:56pm

FBR announces 4% sales tax hike on tractors

The tax rate has decreased from 18% to 14%

Business & Economy Updated 22 Oct, 2024 06:38pm

FBR makes major announcement for late filers

They will be included in the ATL after paying surcharge

Business & Economy Published 21 Oct, 2024 10:10am

FBR planning new measures for late-filer, non-filer categories in new tax law

The proposed law will introduce penalties for non-compliant taxpayers

Business & Economy Published 20 Oct, 2024 02:03pm

FBR registers 160 new retailers in POS system, total reaches 9,290

Approximately 64,000 traders are registered under Tajir Dost Scheme

Business & Economy Updated 02 Oct, 2024 05:06pm

Check if you appear on FBR’s active taxpayer list status after filing tax returns

FBR extends date for filing returns till October 14

Pakistan Published 01 Oct, 2024 09:52am

NHA to increase toll taxes from today

The toll hikes will impact several major routes

Business & Economy Published 01 Oct, 2024 08:46am

FBR extends deadline for tax returns till Oct 14

Statement comes after they said there will be no extension

Business & Economy Published 01 Oct, 2024 12:01am

FBR issues statement related to last date for income tax returns filing

Statement comes after news circulating on media

Business & Economy Published 28 Sep, 2024 01:31pm

IMF urges Pakistan to sustain reform implementation, broadens tax base

IMF highlighted the necessity of continuous program execution