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Recover 50pc super tax from big companies in one week, SC directs FBR
ISLAMABAD: The Supreme Court directed wealthy organisations, earning over Rs150 million, to deposit 50% of the super tax imposed on...
Govt to impose FED on business tickets of international airlines
ISLAMABAD: The federal government is likely to impose Federal Excise Duty (FED) on the business class tickets of international airlines....
IMF conditions: Govt prepares plan to reduce Pakistan’s circular debt
ISLAMABAD: The federal government has prepared a strategy to reduce circular debt of Pakistan following the conditions tabled by International...
LHC declares fuel charge adjustments in electricity bills ‘illegal’
LAHORE: The Lahore High Court (LHC) has declared the Fuel Charge Adjustments (FCA) in the electricity bills ‘illegal’ and ordered...
Pakistan’s fiscal deficit contained at 1.4pc; primary balance improves
ISLAMABAD: The fiscal deficit during the first five months (July-November) of the current fiscal year has been contained at the...
Experts for 70pc increase in tax on tobacco products
ISLAMABAD: The experts at a webinar called upon the government to increase tax on tobacco products by 70% of their...
SBP asked to help resolve issue of LCs
KARACHI: The steel industry of Pakistan, facing a severe crisis, has made an urgent appeal to the State Bank of...
Customs Classification Committee endorses viewpoint of castor oil importer
LAHORE: The Customs Classification Committee of the Federal Board of Revenue (FBR) has endorsed the viewpoint of an importer for...
Pakistan Customs to take all measures for smooth clearance of goods at border check posts: Collector Ashfaq Ahmad
PESHAWAR: Collectorate of Customs Appraisement Collector Ashfaq Ahmad has said that Customs authorities have assured the traders attached with Pak-Afghan...
ICCI chief vows to work with FBR, CDA to resolve issues of traders
ISLAMABAD: Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) has said that Chamber is trying for resolving...
Foreign authorities seeking bank accounts info: FBR won’t intimate concerned taxpayer about request
LAHORE: The Federal Board of Revenue (FBR) will not intimate the concerned taxpayer about the request received from foreign tax...
FTO directs FBR to revisit its order of imposing tax sans information
KARACHI: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to revisit its order of imposing...
Pakistan, Afghanistan sign convention for avoidance of double taxation
ISLAMABAD: Pakistani and Afghanistan signed a Convention for the Avoidance of Double Taxation during the third round of negotiations at...
Dar for reinvigorating PDF, SOEs role
ISLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar stressed to reinvigorate the role of Pakistan Development Fund...
SLIC premium revenue grew by 64pc in 2022
ISLAMABAD: Chairman State Life Insurance Company of Pakistan (SLIC) Shoaib Javed Hussain has said that the premium revenue of the...
Peshawar I&I to action 14 vehicles on Feb7, 2023
PESHAWR: Directorate of Customs Intelligence and Investigation, Peshawar has announced auction of motor vehicles on February 07, 2023. The directorate...
President directs FBR to reconsider appointment of rejected candidate
ISLAMABAD: President Dr Arif Alvi directed FBR to reconsider the appointment of a candidate from Ex-FATA who had been denied...
YoY: Pakistan’s trade deficit contracts 31.9pc in seven months
KARACHI: Pakistan’s trade deficit shrank by 31.97 per cent to $19.632 billion during the first seven months (July-January) of the...
FBR transfers 60 PCS officers of BS-17-20 with immediate effect
ISLAMABAD: Federal Board of Revenue (FBR) has issued notification for transfers and posting following 60 senior officers of Pakistan Customs...
Pakistan, Italy agree to enhance economic cooperation
ISLAMABAD: Federal Secretary of Economic Affairs Division Dr. Kazim Niaz held a meeting with the Director General (DG) Italian Agency...
