Increased FDI casts positive impact on revenue collection
ISLAMABAD: The Foreign Direct Investment (FDI) is not decreasing but has been fluctuating over the years. In financial year 2015-16,...
Shipping Ministry launched six mega projects at Port Qasim during five years: Hasil Bazenjo
ISLAMABAD: The Ministry of Ports and Shipping launched six mega projects at Port Qasim at a cost of Rs 2,378.9...
CPEC related imports contribute to trade deficit: MoC
ISLAMABAD: The increased construction and commercial activities in the country due to China-Pakistan Economic Corridor (CPEC) has largely contributed in...
FBR briefs RTOs about tax amnesty scheme for real estate sector
ISLAMABAD: Regional Tax Officers hailing from twin cities Large Taxpayers’ Unit Islamabad and Rawalpindi, were briefed about the procedures likely...
Senate Commerce Committee directs for representation of provinces in BoD of Exim Bank
ISLAMABAD: Senate Standing Committee on Commerce, directed the government to ensure the representation of all the provinces in the Board...
Benami Transaction Prohibition Bill 2016 to deal with tax evasion, black money: FBR chairman
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Nisar Muhammad Khan has said that Benami Transaction Prohibition Bill 2016 has been...
FTA with Thailand-Turkey to be finalized by Feb 2017: Khurram Dastgir
ISLAMABAD: Taking strong notice of the falling exports, the federal government has decided to speed up the process of initiative...
FBR pursues innovative tax measures to promote filling of tax returns
ISLAMABAD: The Federal Board of Revenue (FBR) is pursuing an innovative tax measures to promote a culture conducive to filing...
Trade deficit: MoC initiates process to compile import, export data in current fiscal year
ISLAMABAD: The Ministry of Commerce is collecting the data of import and export to analyze the trend of widening of...
Amnesty scheme for realtors given go-ahead
ISLAMABAD: Despite opposition by the Federal Board of Revenue (FBR), the National Assembly's Standing Committee on Finance and Revenue has approved...
No tax amnesty scheme is on the cards: Chairman FBR Nisar Muhammad Khan
ISLAMABAD: Chairman Federal Board of Revenue (FBR) Nisar Muhammad Khan, Tuesday, ruled out the possibility of introducing any new tax...
FBR forming youth teams for property valuation in remaining cities
ISLAMABAD: The Federal Board of Revenue (FBR) is going to form teams of young people to complete the valuation of...
FBR team to take part in First Global Sustainable Transports System Conference 2016
ISLAMABAD: The Federal Board of Revenue (FBR) is finalizing preparations for the upcoming First Global Sustainable Transports System Conference 2016...
Lack of information hurdle in foreign direct investment in Pakistan: Mauritius HC Yusuf Elahee
ISLAMABAD: High Commissioner of Mauritius to Pakistan Yusuf Elahee has said that Pakistan has a huge potential for foreign direct...
No objection on new Protection of Economic Reforms Bill 2016: chairman FBR
ISLAMABAD: The Federal Board of Revenue (FBR) has said that it has no objection on the newly proposed Protection of...
Ambassador Abu Ali invites Pakistani businessmen to exploit opportunities in Palestine
ISLAMABAD: Ambassador of Palestine Walid Abu Ali has said that Pakistan and Palestine have immense business opportunities and a...
FBR chief Nisar Mohammad briefs NA Finance Committee on Panama Papers, tax related matters
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Nisar Mohammad Khan on Wednesday briefed the National Assembly Standing Committee on...
Senate body postpones matter of restrictions on PVC import due to unavailability of FBR chief
ISLAMABAD: The Senate Standing Committee on Finance and Revenues on Wednesday deferred discussion on an agenda item pertaining to...
PQA earns Rs 4,321.707m profit in financial year 2015-16: Senate Committee told
ISLAMABAD: The Port Qasim Authority (PQA) has earned Rs 4,321.707 million profit in the fiscal year 2015-16. Furthermore, due...
FBR collects Rs 1157931 million sales tax from LSM in last 2 years
ISLAMABAD: Unchanged rate of sales tax on large scale manufacturer sector tantamount keeping the existing rate of inflation intact....
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