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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

Business & Economy Published 17 Jun, 2024 05:23pm

Fertiliser sector avails massive Rs252.6b tax exemption in 2022-23

Agriculture saw extraordinary growth of 28.1%

Pakistan Updated 12 Jun, 2024 10:39pm

Pakistan decides to impose travel ban on non-filers

Proposes penalty of Rs10m for travel agencies that fail to implement new regulations

▶️ Business & Economy Updated 11 Jun, 2024 10:22pm

There are no sacred cows, says Aurangzeb as Pakistan registers 2.38% GDP growth

Presents Pakistan Economic Survey ahead of annual budget on Wednesday (tomorrow)

Business & Economy Updated 27 May, 2024 09:28am

Government likely to impose additional taxes on non-filers

Ruling party expected to bring major tax changes in Finance Bill 2024

Business & Economy Published 17 May, 2024 11:06am

Govt likely to increase tax on immovable properties’ purchase

Taxation of real estate came under discussion during FBR, IMF talks

Business & Economy Published 15 May, 2024 09:25pm

Taxes on cash withdrawals could see increase in next budget

Tax could be increased to 0.9%

Pakistan Updated 14 May, 2024 01:30pm

IHC bars government from blocking SIMs of non-filers

IHC Chief Justice Aamer Farooq gives a stay order on the application

Business & Economy Published 12 May, 2024 11:08am

Committee formed to fix bottleneck in Tajir Dost Scheme implementation

As of April 30, only 75 retailers and shopkeepers have been registered under scheme

Pakistan Published 08 May, 2024 09:19am

BudgetFY25: Exemption of tax and duty in erstwhile tribal areas to end

The regions was merged with the KP province of Pakistan in 2018

Business & Economy Published 06 May, 2024 11:00am

FBR to ‘summon’ telcos operators over blocking SIMs of non-filers

Say PTA refusal has no relevance

Business & Economy Updated 05 May, 2024 10:52am

FBR may further tighten noose on non-filers

Tax expert says authority may order blocking SIMs of 1.4m non-filers

Business & Economy Updated 30 Apr, 2024 10:03pm

FBR orders PTA, telcos to block over 500,000 mobile SIMs of non-filers

Authority says decision taken after they failed to file taxes

Business & Economy Updated 28 Apr, 2024 10:27pm

Pakistan signs agreement with McKinsey to digitise FBR

Finance Minister Muhammad Aurangzeb calls for reimagining economy

Pakistan Updated 27 Apr, 2024 01:06am

PM Shehbaz describes Track and Trace System as ‘fraud’

Says Pakistan's economic conditions show improvement

Pakistan Published 25 Apr, 2024 08:51am

Govt brings new tax bill to clip powers of inland revenue commissioners

Cases beyond a certain threshold will go to the tribunal instead of commissioner

Business & Economy Updated 23 Apr, 2024 12:13am

No more tax amnesty schemes, says Finance Minister Aurangzeb

Cites PIA privatisation process will complete by July

Business & Economy Updated 14 Apr, 2024 06:11pm

FBR collects traders’ data as drive to widen tax net picks up pace

Officials say government serious about increasing tax revenue

Pakistan Published 09 Apr, 2024 11:28am

FBR to block sims of 500,000 non-filers after Eid

The list of non-filers has already been finalised after discussion with PTA

Business & Economy Published 26 Mar, 2024 08:47am

Politics dictating choice of cities for trader tax scheme, analysts say

The scheme has not been extended to Faisalabad and Sialkot

Pakistan Published 25 Mar, 2024 08:41pm

PM Shehbaz wants swift action against tax defaulters, evaders

Stresses need for formation of committee to identify hurdles in track and trace system

Business & Economy Published 25 Mar, 2024 07:25pm

Unlisted companies can file return about change of 25% share or less: SECP

SECP issues circular regarding intimation of share transfer

Life & Style Published 23 Jan, 2024 06:53pm

Like Saudi Arabia, you will be free from income tax in UAE

Gulf country has no plans to introduce income tax on individuals

Life & Style Updated 21 Jan, 2024 09:08pm

You don’t have to pay personal income tax in Saudi Arabia

Finance minister says kingdom is already leveraging various revenue sources

Business & Economy Published 02 Jan, 2024 04:20pm

UAE asks small business to register for corporate tax

New rules will apply to businesses earning AED375,000

Business & Economy Published 16 Dec, 2023 03:20pm

Karachi custom increases tax on candies and sugar confectioneries

Stakeholders requested to determine the customs values according to international market

Business & Economy Published 01 Oct, 2023 08:28am

Tax return filing deadline extended to Oct 31, 2023

FBR says decision was taken on trade bodies, tax bar associations demand