FTO’s Urdu tax laws manual to break language barriers
MULTAN: The Federal Tax Ombudsman (FTO) has launched an Urdu translation of the Federal Tax Laws Manual. This initiative is...
FBR struggles with major tax revenue shortfall, Rs6,090b target risk
LAHORE: The Federal Board of Revenue (FBR) is grappling with a significant shortfall in tax revenue during the first half...
FBR to implement of ‘Faceless Customs Assessment System’ by June 2025
ISLAMABAD: The 10-month-old incumbent government, under the dynamic leadership of Prime Minister Shehbaz Sharif, has not only developed the Faceless...
New Gwadar International Airport to bring prosperity to area: PM
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Monday said that the New Gwadar International Airport will bring prosperity in the...
Cabinet approves policy guidelines for trade in carbon market
ISLAMABAD: Pakistan’s federal cabinet approved policy guidelines for trade in carbon markets that help channel financial resources to reduce carbon...
Petrol price could see Rs2 per litre decrease
ISLAMABAD: The petrol price is expected to drop by Rs2 per litre, while high-speed diesel (HSD) is likely to rise...
Agriculture, IT twin engines of growth: Finance Minister
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb reaffirmed his government’s commitment to promoting export-led growth, identifying agriculture...
Rs70b additional tax revenue expected following tweaks to ADR
MULTAN: The federal government is eyeing an additional Rs70-75 billion into the state kitty by the end of December following...
FBR notifies competitive procedure for customs agents licensing
ISLAMABAD: The Federal Board of Revenue (FBR) has issued a revised procedure for the grant and renewal of customs agents’...
FBR suspends four PCS officials of BS-16-17 for violations of rule
LAHORE: The Federal Board of Revenue (FBR) has taken decisive action against four Pakistan Customs officials for violating Civil Servants...
NLC begins road transport from China to UAE via Pakistan
ISLAMABAD: The National Logistics Corporation (NLC) has launched its first-ever cargo transport service from China to the United Arab Emirates...
SBP, banks to remain closed for public dealing on Jan 1, 2025
KARACHI: The State Bank of Pakistan (SBP), all banks and financial institutions will observe Bank Holiday on Wednesday and remain...
Pakistan posts $729m current account surplus in November 2024
KARACHI: The country’s economy achieved a record current account surplus of 729 million dollars (72 crore and 90 lakh dollars)...
Govt likely to increase petroleum prices by Rs4 on New Year night
ISLAMABAD: The government is likely to increase the petroleum prices by Rs4 on New Year night. According to sources, the...
Customs AIIA foils bid to smuggle 37 iPhones worth Rs11.5m
LAHORE: Under the supervision of Collector Tayyeba Kayani, a customs team deputed at Allama Iqbal International Airport (AIIA) foiled an...
FBR refuses to share tax data with provinces over agri tax dispute
ISLAMABAD: The Federal Board of Revenue (FBR) has refused to share income tax returns with provincial authorities, citing confidentiality under...
FBR announces tax exemption for overseas Pakistanis sans ATL listing
MULTAN: The Federal Board of Revenue (FBR) has announced a significant update regarding tax exemptions for overseas Pakistanis, allowing them...
Changes in tax laws approved for further strictness on non-filers
LAHORE: The Senate Standing Committee on Finance has unanimously approved the Tax Laws Amendment Bill 2024, introducing sweeping changes to...
SECP approves Stock split guidelines
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has given approval to the Pakistan Stock Exchange Limited (PSX) to...
Tax evasion to be dealt with iron hand: Khurram Shahzad warned
ISLAMABAD: Advisor to the Finance Minister Khurram Shahzad Friday announced that FBR has collaborated with the National Database and Registration...
