Islamabad

FBR plans AI-based system to detect false tax return data

Pakistan, Qatar reaffirm commitment to stronger energy cooperation

FBR’s ‘Out of Demand’ income tax collection jumps 110b to ₨266b in FY25

Govt generates Rs37.28b carbon levy in 9MFY26

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Islamabad

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 issues manual income tax return form for individuals, AOPs

28/08/2021

ISLAMABAD: The Federal Board of Revenue (FBR) issued manual income tax return forms for tax year 2021. The return form...

FBR transfers 24 IRS officers of BS-20-21 with immediate effect

28/08/2021

ISLAMABAD: Federal Board of Revenue (FBR) has issued notification for transfer and posting of following officers of Inland Revenue Service...

Pakistan’s fiscal deficit in FY21 widens by 7.1pc vs 8.1pc in FY20

ISLAMABAD: Pakistan’s fiscal deficit in FY21 has widened by 7.1% compared to 8.1% in FY20 whereas Federal Board of Revenue...

Comprehensive strategy put in place to ensure sustainability in growth

ISLAMABAD: Federal Minister for Finance and Revenue, Shaukat Tarin said Friday that the government had put in place comprehensive plans,...

President Alvi summons high-level meeting on petroleum shortage & smuggling

ISLAMABAD: Taking notice of approximately Rs240 billion annual loss to the national exchequer owing to smuggling of petroleum products and...

FTA to boost bilateral trade between South Korea, Pakistan: Envoy Sangpyo

ISLAMABAD: South Korean Ambassador Suh Sangpyo has said that bilateral trade between Pakistan and the Republic of Korea can tremendously...

Asian Development Bank lauds Pakistan’s role in evacuations from Afghanistan

ISLAMABAD: Asian Development Bank (ADB) President Masatsugu Asakawa heaped praise on Pakistan's efforts in evacuating the financial institution's personnel from...

Govt to take services of Irish company in FBR data hacking case

ISLAMABAD: The government has decided to take the services of a third party, an Irish company, before taking any action...

Current economic situation revive confidence of businesses: Tarin

ISLAMABAD: Minister for Finance and Revenue Shaukat Tarin has said that the current economic situation had revived the confidence of...

Govt committed to incentivize fertilizer manufacturers, exporters: Tarin

ISLAMABAD: Federal Minister for Finance and Revenue, Shaukat Tarin reaffirmed government’s commitment to encourage and incentivize fertilizer manufacturers as well...

ECC approves sugar import, aid to Syria on humanitarian basis

ISLAMABAD: The Economic Coordination Council (ECC) approved the import of 200,000 tonnes of sugar in a meeting headed by Finance...

Govt appoints Dr. Muhammad Ashfaq as new FBR chairman

25/08/2021

ISLAMABAD: The federal government has replaced the chairman of the Federal Bureau of Revenue (FBR), Federal Minister for Information and...

SECP ordered to conduct forensic audit of HASCOL over alleged corruption

25/08/2021

ISLAMABAD: The Senate Standing Committee on Finance on Tuesday directed the Security and Exchange Commission of Pakistan (SECP) to conduct...

IMF MD thanks PM Imran for safe evacuation of Fund’s staff from Afghanistan

ISLAMABAD: Managing Director (MD) of International Monetary Fund (IMF) Kristalina Georgieva on Tuesday thanked Prime Minister Imran Khan for safe...

Islamabad Adjudication decides 46 cases involving Rs10895m in favor of customs department

byTariq Derya

ISLAMABAD: Collectorate of Customs Adjudication has decided 46 cases in favor of Customs department involving Rs10895 million during the month...

PVMA urged to bring down edible oil prices

ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin urged the Pakistan Vanaspati Manufacturers Association (PVMA) to adopt market-based solutions...

Tarin welcomes trust of business community over economic policies

ISLAMABAD: The Federal Minister for Finance and Revenue Shaukat Tarin welcomed the trust and confidence shown by the business community...

OGRA approves oil transportation tariffs for MFM and KMK pipelines

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has approved the tariffs for Mahmoodkot-Faisalabad-Machike (MFM) pipeline and Karachi-Mahmoodkot (KMK) pipeline for...

President rejects FBR pleas in Rs1.2b fake invoices scam

23/08/2021

ISLAMABAD: President Dr Arif Alvi disposed of 42 representations of the Federal Board of Revenue (FBR) in cases of bogus...

Regional economic integration with CARs key for development, prosperity: Kyrgyzstan Envoy