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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

Pakistan Published 28 Jun, 2024 07:13pm

Federal government to tax builders, developers

Imposes tax on business of construction, sale of residential, commercial buildings

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 Updated 20 Jun, 2024 06:32pm

Shahid Khaqan Abbasi’s two cents on fixing taxation

Says government should have done reforms

Business & Economy Published 17 Jun, 2024 08:13pm

Salaried class braces for impact as govt imposes higher income taxes

Decision will be effective for salary payable on or after July 1 2024