SHC suspends verdict of CAT in SCRA filed against Unilever Pakistan

15/10/2024

ISLAMABAD: The Federal Board of Revenue (FBR) has extended the date for filing income tax returns for the second time...

FTO summons FBR members for not taking action against persons involved in selling NCP products

ISLAMABAD: The Federal Tax Ombudsman (FTO) has summoned Member Operations-IR and Member Customs Operations Federal Board of Revenue (FBR) on...

Saudi delegation’s visit a significant milestone in bilateral ties: President ICCI

ISLAMABAD: Nasir Mansoor Qureshi, President Islamabad Chamber of Commerce and Industry has commended the recent visit of a high-level Saudi...

Govt to repeal income tax exemptions for non-profits, introduce tax credits

MULTAN: In a pivotal move aimed at overhauling the tax framework, the government has announced the repeal of remaining income...

Pakistan Single Window partners with FTSL to enhance trade price verification for banks

MULTAN: In a strategic collaboration, Pakistan Single Window (PSW) has teamed up with Fintech Transformation Services (Private) Limited (FTSL) to...

Pakistan to pay $30b in external debt in FY25: SBP

KARACHI: Pakistan faces a significant challenge with foreign debt repayments reaching $30.35 billion in FY25. The upcoming year (August 2024...

FBR denies any further extension in returns filing deadline

ISLAMABAD: The Federal Board of Revenue (FBR) denied the possibility of further extension in the returns filing deadline. FBR spokesperson,...

private or public insurance hospital school or domain

Govt to privatize 24 SOEs during next five years

ISLAMABAD: The federal government after getting the nod from the cabinet finalized a list of 24 state-owned entities which will...

FinMin Aurangzeb highlights Chinese investments in Pakistan

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb highlighted China’s significant investments in Pakistan, particularly in the China-Pakistan...

ADB appoints new country director for Pakistan

ISLAMABAD: The Asian Development Bank (ADB) has appointed Xiaoqin (Emma) Fan as its new Country Director for Pakistan. As Country...

FBR offices to remain open till midnight today

ISLAMABAD: The offices and field formations of the Federal Board of Revenue (FBR) will remain functional till 12 am tonight...

Karachi LTO collects Rs680b in 1QFY25

KARACHI: The Large Taxpayers Office (LTO) collected a staggering Rs 680 billion during the first quarter (July-September) of the fiscal...

ICCI to foster business growth, job creation: Nasir Qureshi

ISLAMABAD: Nasir Mansoor Qureshi, President Islamabad Chamber of Commerce and Industry (ICCI) has reaffirmed the organization’s commitment to supporting the...

Petrol prices likely to increase by Rs2.75 per litre

ISLAMABAD: The price of petroleum products in Pakistan is expected to rise by Rs2.75 per litre, as the Oil and...

FBR to increase immovable property valuation by up to 75pc

LAHORE: The Federal Board of Revenue (FBR) has decided to increase property valuations by up to 75 percent. Property valuations...

Karachi Enforcement recovers smuggled skimmed milk powder worth Rs53m from SITE Area

KARACHI: Collectorate of Customs Enforcement recovered 73.75 tons of smuggled goods from a godown located on Fakhruddin Valika Road SITE...

SHC directs to release goods imported by M/s Faisalabad Oil Refinery after paying disputed amount

KARACHI: Sindh High Court (SHC) customs appellate bench directed to release goods imported by M/s Faisalabad Oil Refinery after paying...

Collector Imran Bukhari to conduct probe regarding smuggling of solvent oil

ISLAMABAD: Federal Board of Revenue (FBR) has appointed Collector Customs Multan Imran Sajjad Bukhari as Inquiry Officer to conduct probe...

Attempt to smuggle expensive mobile phones foiled at Peshawar Airport