Islamabad

05/10/2023

ISLAMABAD: Pakistan’s customs authorities have revealed that they detected money laundering activities worth a staggering Rs 69.5 billion over the...

FBR asked to investigate solar panel import scam

05/10/2023

ISLAMABAD: The Senate Standing Committee on Finance directed the Federal Board of Revenue (FBR) to conduct a thorough inquiry into...

FIA says Rs3.86bn recovered during raids

05/10/2023

ISLAMABAD: The Federal Investigation Agency (FIA) has revealed that more than Rs3.86 billion worth of domestic and foreign currency was...

FBR imposes 10pc processing fee on 5 categories of Afghan transit trade commercial goods

ISLAMABAD: The Federal Board of Revenue (FBR) has imposed 10 percent processing fee on five major categories of Afghan transit...

FBR decides countrywide actions against non-custom paid cars

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to launch countrywide actions against non-custom paid cars, citing sources. The...

ECC approves first ever telecom infrastructure sharing framework

ISLAMABAD: The Economic Coordination Committee (ECC) discussed and approved the first ever Telecom Infrastructure sharing framework. Federal Minister for Finance,...

Pakistan needs ‘careful’ economic management to get macroeconomic stability: WB country director

ISLAMABAD: The World Bank (WB) suggested Pakistan to undertake the much-needed fiscal reforms including a reduction in tax exemptions and...

ADB delegation appreciates Pakistan’s efforts for economic revival

ISLAMABAD: A delegation of the Asian Development Bank (ADB) in a meeting with Deputy Chairman Planning Commission Muhammad Jehanzeb appreciated...

FBR refunds Rs37b to taxpayers in Sept 2023

ISLAMABAD: The Federal Board of Revenue (FBR) has paid refunds amounting to Rs37 billion during September 2023 as compared to...

Active taxpayers list reaches record high at 4.78 million by Oct 1, 2023

ISLAMABAD: Pakistan’s Active Taxpayers List (ATL) has reached a historic milestone, with a record high of 4.78 million taxpayers for...

FIA registers case against two Pakistani businessmen for ‘defrauding’ Chinese investor

ISLAMABAD: Two Pakistani businessmen have been booked over the charge of defrauding a Chinese investor. The Federal Investigation Agency (FIA)...

No new tax in the caretaker setup, FBR tells IMF

ISLAMABAD: The International Monetary Fund (IMF) has showed its satisfaction over the performance of Federal Board of Revenue (FBR). According...

FBR surpasses target by Rs63bn in Q3FY24

ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs2,041 billion against the assigned target of Rs1,978bn in the first...

FBR extends tax returns filing date to Oct 31

ISLAMABAD: The Federal Board of Revenue (FBR) has extended the date of filing income tax returns for Tax Year 2023...

Pakistan, Azerbaijan join hands for resilient, sustainable urban planning

ISLAMABAD: Pakistan and Azerbaijan join hands for a climate resilient and sustainable urban planning keeping in view the real challenges...

FBR’s systems functioning efficiently to ensure smooth return filing

30/09/2023

ISLAMABAD: In a letter addressed to FBR, the Karachi Tax Bar Association (KTBA) has raised certain issues which either are...

ADB Capital Management Reforms unlock $100b in new funding

30/09/2023

ISLAMABAD: The Asian Development Bank (ADB) approved capital management reforms that unlock $100 billion in new funding capacity over the...

Pakistan, GCC finalise free trade agreement