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

ECC approves 12 notifications for implementation of Pakistan Single Window Act

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet Wednesday approved the launching of second Phase of ‘Ehsaas Emergency Cash...

Pakistan’s credit profile reflects economic strength: Moody’s

ISLAMABAD: Moody’s in its latest report said that Pakistan’s credit profile reflects the country’s “baa2” economic strength, which is underpinned...

FBR allows duty free import of Land Cruiser vehicles

ISLAMABAD: The Federal Board of Revenue (FBR) allowed exemption of federal excise duty (FED) on import of Land Cruiser vehicles...

Tarin for completing NGMS sale process by June end

ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin urged the quarters concerned to accelerate the sale process of Next...

FBR exempts withholding income tax on import of oxygen generators

ISLAMABAD: The Federal Board of Revenue (FBR) exempted withholding income tax on import of oxygen generators and oxygen gas in...

FBR announces panel of advocates for customs service

25/05/2021

ISLAMABAD: The Federal Board of Revenue (FBR) announced panel of advocates, who will represent the tax authorities in cases relating...

Circular debt declines by Rs189b during 10MFY21: Asad Umar

25/05/2021

ISLAMABAD: Pakistan’s circular debt build-up during July-April this fiscal year is Rs260 billion against Rs449 billion reported same period last...

FBR grants duty exemption on import of oxygen manufacturing plants

25/05/2021

ISLAMABAD: The Federal Board of Revenue (FBR) granted duty exemption on import of oxygen gas, oxygen cylinders and oxygen manufacturing...

FBR announces procedure for enrollment with FBR system of AJK/GB registered persons

ISLAMABAD: The Federal Board of Revenue (FBR) on Monday issued standard operating procedure for enrollment with FBR system of persons...

FBR increases refund to export ratio to 15pc

ISLAMABAD: Federal Board of Revenue (FBR) has revised the processing parameters and increased refund to export ratio to 15 percent....

Tarin eyeing 5pc growth next year, more than 6% in 2023

ISLAMABAD: Minister for Finance Shaukat Tarin has said that at the current pace of economic growth, the country can expect...

MoC issues guidelines for joining Amazon

ISLAMABAD: The ministry of commerce has issued guidelines for local businessmen to join Amazon – one of the world’s largest...

GDP growth outcome of govt’s prudent economic policies: Hammad Azhar

ISLAMABAD: Minister for Energy Hammad Azhar has said that the GDP growth is the outcome of our prudent economic policies...

GDP growth estimated at 3.94pc: PM Imran Khan

ISLAMABAD: Prime Minister Imran Khan said the gross domestic product (GDP) growth of Pakistan for the fiscal year 2020-21 was...

Budget 2021-22 to be presented on June 11

ISLAMABAD: The federal government has decided to present the next budget for FY 2022 on June 11, 2021, according to...

ECC approves agreement with K-Electric for clearance of dues

ISLAMABAD: Economic Coordination Committee (ECC) meeting headed by Finance Minister Shaukat Tarin approved an agreement with the K-Electric for clearance...

FBR confiscates over two million illegal cigarettes worth Rs6.4m

ISLAMABAD: The Federal Board of Revenue’s (FBR) Inland Revenue Enforcement Network (IREN) Squad has confiscated over two million cigarette sticks...

IRS BS-18 officer Nasir Jamal Shah awarded major penalty of ‘removal from service’

ISLAMABAD: Federal Board of Revenue (FBR) has imposed major penalty of ‘removal from service’ an officer of BS-18 Inland Revenue...

Roshan Digital Accounts mark upward trend after PM’s visit to KSA

21/05/2021

ISLAMABAD: The opening of Roshan Digital Accounts by overseas Pakistanis in Saudi Arabia has witnessed a significant upward trend following...

Pakistan inches towards autarky in energy sector with Chinese collaboration