Islamabad

FBR grants Rs205.65b customs duty exemptions under Fifth Schedule

Pakistan’s external debt nearly doubles in 10 years: World Bank

Taxpayers get new option to correct e-invoices beyond 72-hour limit

FBR makes sales tax invoices mandatory for advance payments

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Pakistan’s first in-depth newspaper that presents balanced news reports, analysis and reviews regarding Customs, Federal Board of Revenue (FBR) and Sales/Income Tax Departments beside covering import and export sectors comprehensively. Up-to-the-minute news bulletins regarding Customs and FBR departments are also displayed regularly on both website and face book for the interest of common people

FBR’s active taxpayers list reaches record 5.3 million filers

27/12/2023

ISLAMABAD: The Federal Board of Revenue’s (FBR) list of income tax active taxpayers (ATL) now stood at a record number...

FBR, Customs offices to observe extended working hours on Dec 30-31

ISLAMABAD: The Federal Board of Revenue (FBR) has announced that the Collectorate of Customs (MCCs) will remain open on December...

FBR faces challenges in meeting Track & Trace deadline

ISLAMABAD: The Federal Board of Revenue (FBR) faces a mixed bag in its efforts to implement a track-and-trace system for...

Non-filers to face discontinuation of utilities, suspension of bank accounts

ISLAMABAD: The Federal Board of Revenue (FBR) is gearing up to suspend bank accounts of individuals who have failed to...

FBR releases procedure for online business licenses

ISLAMABAD: The Federal Board of Revenue (FBR) has introduced a formal procedure for vendors and integrated enterprises seeking licenses to...

Pakistan govt to outsource eight airports, Senate told

ISLAMABAD: The Pakistan government has decided to outsource eight airports phase-wise, Advisor to PM on Aviation Farhat Hussain Shah told...

FBR asks SWAPS agents to integrate fiscal electronic devices

23/12/2023

ISLAMABAD: The Federal Board of Revenue (FBR) has directed the “SWAPS Agents” (withholding tax agents) to install and integrate fiscal...

FBR forms committee for launch of Single Portal for ST return of telecom sector

ISLAMABAD: The Federal Board of Revenue (FBR) has formed a single portal committee for operationalize arrangements required for the launch...

World Bank approves $350m financing to strengthen fiscal management in Pakistan

ISLAMABAD: The World Bank's board of executive directors approved $350 million in financing for the Second Resilient Institutions for Sustainable...

Pakistan, ADB ink $1.20b accords for sustainable growth

ISLAMABAD: Around $1.20 billion loan agreements have been made between Pakistan and the Asian Development Bank (ADB). The ADB officials...

ATIR’s orders: FTO explains what actually constitutes maladministration

ISLAMABAD: The Federal Tax Ombudsman (FTO) has ruled that the delay in giving appeal effect to the order which is...

EXIM Pakistan launched to catalyze global trade

ISLAMABAD: Caretaker Minister for Finance, Revenue, and Economic Affairs, Dr Shamshad Akhtar formally launched the Pakistan’s Export-Import Bank (EXIM), marking...

Iran’s Ambassador urges free movement of trucks to Quetta

ISLAMABAD: In a bid to foster stronger economic ties, the Iranian Ambassador to Pakistan, Dr Reza Amiri Moghaddam requested for...

FBR transfers 98 PCS officers of BS-17-18 with immediate effect

ISLAMABAD: Federal Board of Revenue (FBR) issued notification for transfers of 98 Pakistan Customs Services (PCS) officers with BS-18 with...

Pakistan revises profit rates on National Savings’ certificates

ISLAMABAD: Pakistan government announced a reduction in profit rates for various national savings schemes. According to a notification issued by...

ECC approves Rs57b for payment of K-Electric arrears

ISLAMABAD, Dec 20 (APP): The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved the summary of the Ministry...

FBR promotes 18 PCS officers from BS-18 to BS-19 on regular basis

20/12/2023

ISLAMABAD: Federal Board of Revenue (FBR) has issued notification for promotions of following officers of Pakistan Customs Service from BS-18...

Over 9,800 FBR employees file tax returns

20/12/2023

ISLAMABAD: Over 9,800 out of 10,000 Federal Board of Revenue (FBR) employees have filed their tax returns. The FBR Chairman...

FBR directs govt depts to apply new ‘IRMS’

19/12/2023

ISLAMABAD: The Federal Board of Revenue (FBR) has directed the government departments having trade controls on import, export and transit...

Pakistan to issue sukuk bonds in April 2024