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PFMA hints at increasing flour prices
ISLAMABAD: Pakistan Flour Mills Association (PFMA) on Sunday hinted at increasing the flour prices due to the tax. The price...
Commissioners IR bound to issue amended assessment order in 120 days
ISLAMABAD: Commissioners Inland Revenue have been bound to issue order in amended assessment within 120 days under Section 122 of...
FBR, SBP to introduce new procedure for tax payment on export of services
ISLAMABAD: The government has imposed income tax on export of services and in this regard Federal Board of Revenue (FBR)...
FBR will be able to penalise those retailers who will sell smuggled goods
LAHORE The Federal Board of Revenue (FBR) will be able to penalise those retailers who will sell smuggled goods in...
Budget 2021-22 termed as tax free
LAHORE: South Asian Association for Regional Cooperation- Chamber of Commerce and Industry (SAARC-CCI) and United Business Group (UBG) in the...
Govt proposes sales tax on e-commerce
ISLAMABAD: The federal government has proposed to impose a sales tax on the sale of goods through an online marketplace....
Govt sets exports target of US $35b for FY 2021-22: Razak Dawood
ISLAMABAD: Advisor to the Prime Minister for Commerce and Investment Abdul Razaq Dawood said the government had set the exports...
Customs Preventive registers FIR against Rana Phool for submitting forge documents
KARACHI: Collectorate of Customs Preventive has registered an FIR against Rana Phool Muhammad for trying to get refund from government...
M/s Sameed International Trading moves SHC for release of imported dry battery cells
KARACHI: M/s Sameed International Trading Company Private Limited has approached the Sindh High Court (SHC) and filed a constitutional petition...
Post-budget: Additional tax of Rs500b to be collected next financial year: Shaukat Tarin
ISLAMABAD: Additional tax of Rs500 billion will be collected in the next financial year, said Finance Minister Shaukat Tarin in...
Customs Court frames charge against owner of M/s Glow Industries
KARACHI: The Customs Court framed charge against suspect namely Muhammad Ali owner of M/s Glow Industries, who was nominated in...
Salient features of budget 2021-22
ISLAMABAD: Following are the salient features of budget 2021-22 presented by Minister for Finance and Revenue Shaukat Tarin in the...
Govt employees get 10pc raise in pay, pension
ISLAMABAD: The federal government Friday announced 10 percent ad-hoc relief allowance in the salaries and pensions of federal government employees....
Budget 2022: Major hike in petrol prices likely
ISLAMABAD: Finance Minister Shaukat Tarin said the prices of petroleum products will be increased in the coming month as talks...
FBR issues draft return forms for Tax Year 2021 to facilitate taxpayers
ISLAMABAD: The Federal Board of Revenue (FBR) has issued draft income tax return form for Tax Year 2021 to enable...
Budget 2021/2022: Govt withdraws inquiry powers of Commissioner Inland Revenue
ISLAMABAD: The federal government has withdrawn the discretionary powers of conducing inquiry in certain tax matters by Commissioners Inland Revenue....
Budget 2021-22 is balanced, realistic & business-friendly: Khawaja Jalaluddin Roomi
MULTAN: Renowned industrialist, President of Dera Ghazi Khan Chamber of Commerce & Industry, Ex-President of Multan Chamber, Former Punjab caretaker...
Dry Ports will be activated while cargo center will be established at Kot Lakhpat Industrial Area: Azam Swati
LAHORE: Federal Minister Azam Khan Swati has said that Dry Ports will be activated while a cargo center will be...
RCCI terms budget 2021-22 as trade and investment friendly
RAWALPINDI: The Rawalpindi Chamber of Commerce has termed the financial budget 2021-22 as balanced and business friendly. Commenting on Finance...
Reduction in custom duty on raw materials bring down prices of medicines
LAHORE: The Lahore Chamber of Commerce & Industry termed the Federal Budget 2021-22 as balanced saying that most of the...
