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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

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 18 Nov, 2024 08:55am

Non-payment of sales tax refunds impacts seasonal fruit exports

FBR instructs to resolve the issues on their first priority

Business & Economy Published 04 Nov, 2024 12:50pm

FBR raises sales tax on local and imported tea

Sales tax on tea will rise from the current rate of 17% to 18%

Business & Economy Published 04 Nov, 2024 09:06am

FBR decides to to take tough new measures to boost tax collection

FBR revises its economic assumptions related to GDP growth

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

Pakistan Published 01 Nov, 2024 10:15am

FBR announces new property valuation rates for Karachi

Decision follows a broader initiative by the FBR

Business & Economy Published 29 Oct, 2024 11:21am

FBR fines company over Rs15 million for tax fraud

Investigations uncovers a network of blacklisted firms engaged in deceptive transactions

Business & Economy Published 28 Oct, 2024 01:19pm

FBR reports significant increase in tax returns for 2024

FBR discloses out the total returns submitted for the last fiscal year

Pakistan Published 28 Oct, 2024 09:06am

Two restaurants shut down in Islamabad for tax fraud

FBR initiates a Point of Sale Reward Scheme

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 Published 13 Oct, 2024 10:53pm

Last day for submission of income tax returns tomorrow: FBR

Says it had already extended the date for filling of returns till October 14

Business & Economy Published 11 Oct, 2024 04:17pm

FBR issues warning for ‘under-filers’ as tax deadline approaches

FBR is considering additional restrictions

Business & Economy Published 11 Oct, 2024 09:37am

Govt urges non-filers, CFOs of wealthy manufacturers to address tax obligations

The Finance Minister pointed to five primary sectors

Business & Economy Published 02 Oct, 2024 09:04am

Aurangzeb announces major restrictions for non filers

He noted that the government plans to implement tax uniformity across all provinces

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 12:01am

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

Statement comes after news circulating on media

Pakistan Updated 22 Sep, 2024 11:54am

FBR makes firm statement on deadline for filing returns

The FBR has outlined several consequences for non-filers

Business & Economy Published 15 Sep, 2024 09:43am

FBR decides to freeze bank accounts over inaccurate tax returns

The proposed penalties include a hefty fine of Rs. 1,000,000 for each incorrect return

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 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 03 Sep, 2024 10:35am

FBR proposes 1% increase in withholding tax rates effective October 1

The withholding taxes accounted for over 70% of total direct tax revenue in FY 2023-24

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

Pakistan Published 28 Aug, 2024 10:06am

Nationwide trader strike against electricity bills and taxes today

PTI has also aligns with the trade organizations in their opposition to the govt

Business & Economy Published 25 Aug, 2024 10:46pm

Sindh, Balochistan traders to strike on Aug 28 against taxes, high electricity bills

Tajir Dost Scheme coordinator invites traders for meeting on Tuesday

Business & Economy Published 12 Aug, 2024 01:15pm

Traders reject advance income tax collection

Traders argue on paying 10% income tax on their electricity bills