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 announces exemption of additional customs duty on import of auto disable syringes

07/04/2021

ISLAMABAD: Federal Board of Revenue (FBR) has removed additional customs duty on import of auto disable syringes with or without...

FBR collects Rs24b on purchases of immovable properties

07/04/2021

ISLAMABAD: Federal Board of Revenue (FBR) has collected Rs24 billion as withholding tax on purchase of immovable properties during tax...

Govt to appoint new FBR chairman

ISLAMABAD: The federal government has decided to appoint a new chief for the Federal Board of Revenue (FBR) as the...

Govt likely to reappoint Shauzab Ali as SECP commissioner

ISLAMABAD: The Ministry of Finance is mulling over reappointing Shauzab Ali as Securities and Exchange Commission of Pakistan (SECP) commissioner...

Public debt climbs 4.28pc in July-Feb FY2021

ISLAMABAD: Pakistan’s public debt increased by Rs1.505 trillion or 4.28% in the eight months of this fiscal year amid an...

Hammad Azhar calls for rationalizing salaries, pensions of employees

ISLAMABAD: Finance Minister Hammad Azhar has emphasized for rationalizing the salaries, pensions, allowances and perks of employees by removing anomalies...

Services trade deficit shrinks 41.8pc in 8 months

ISLAMABAD: The country’s services trade deficit contracted by 41.8 percent during the first eight months of the current financial year...

FTO suggests initiating criminal prosecution against smugglers

ISLAMABAD: Federal Tax Ombudsman (FTO) has recommended that tax authorities should initiate criminal prosecutions against persons involved in smuggling or...

FBR to access declarations filed under amnesty scheme

ISLAMABAD: The senior officials of the Federal Board of Revenue (FBR) have been authorized to access declarations of undisclosed income...

PM Imran Khan reconstitutes Economic Advisory Council

ISLAMABAD: Prime Minister Imran Khan has approved the re-constitution of the Economic Advisory Council (EAC), following which the finance minister...

Economy in much better condition than in 2018: Hammad Azhar

ISLAMABAD: Federal Minister for Finance and Revenue, Hammad Azhar said despite challenges, the economy of the country was in much...

FBR chairman Javed Ghani inaugurates head office of Pakistan Single Window

03/04/2021

ISLAMABAD: Muhammad Javed Ghani, Chiarman, Federal Board of Revenue (FBR) inaugurated the head office of Pakistan Single Window (PSW) Company....

FBR reduces penalty rates for late return filing up to 75pc

03/04/2021

ISLAMABAD: Penalty amount for late return filing has been reduced up to 75 percent in order to encourage people to...

CPI inflation increases 9.1pc in March

03/04/2021

ISLAMABAD: The Consumer Price Index (CPI) based monthly inflation increased by 9.1 percent on year-on-year (YoY) basis in March 2021...

Zulfikar Ch, Faiz Ahmad, Fareed Qureshi, M. Iqbal, Shahnaz Maqbool & Seema Bokhari transferred

ISLAMABAD: Federal Board of Revenue (FBR) has issued notification for transfers and posting of following officers of Pakistan Customs Service...

FBR transfers 5 IRS officers of BS-20 with immediate effect

ISLAMABAD: Federal Board of Revenue (FBR) notified transfers and postings of BS-20 officers of Inland Revenue Service (IRS). Following officers...

IMF mulls additional financial support to partner countries

ISLAMABAD: The International Monetary Fund (IMF) is deliberating the possibility of extending additional financial support to partner countries during the...

Pakistan, Afghanistan sign extension of APTTA