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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

Pakistan Published 27 Sep, 2024 12:17pm

Tax experts predict extension in 2024 income tax return filing deadline

A possible extension until October 31, 2024, or a 15-day grace period may be granted.

Business & Economy Published 12 Sep, 2024 10:43am

Govt planning mini budget to squeeze on non-filers

FBR faced challenges in bringing 3.2 million retailers into tax net

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 06:14pm

Pakistan’s mobile phone users paid Rs92b in advance tax in fiscal year 2023-24

South Asian country seeks fresh bailout package to improve economy

Business & Economy Updated 03 Sep, 2024 11:50pm

Plan for new taxes on traders won’t be taken back, says Finance Minister Aurangzeb

Urges wholesalers, distributors and retailers to contribute to economy

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 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

World Published 13 Jul, 2024 10:18am

Congress asks Modi to tax billionaires more

Annual budget will be presented by Finance Minister Nirmala Sitharaman

Pakistan Published 12 Jul, 2024 03:22pm

National Savings announces new profit rates on special savings certificates

New rates will be applicable for the next three-year term of the investment scheme

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

Business & Economy Published 01 Jul, 2024 10:13am

FBR exceeds tax collection targets

Collection increased by 30% compared to last year

Published 29 Jun, 2024 10:21am

Pakistan passes tax-laden budget ahead of fresh IMF loan

Muhammad Aurangzeb moved the finance bill in parliament

Pakistan Published 28 Jun, 2024 07:52pm

Federal budget: what will be the rate of duty on property?

There are different rates for taxpayers and non-taxpayers

Pakistan Published 28 Jun, 2024 07:35pm

Centre decides to penalise tax evaders

Tax evader shall pay a penalty of Rs25,000 or 100% of amount of tax evaded