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 drafts rules for export of petroleum products, warehousing
ISLAMABAD: The Federal Board of Revenue (FBR) has drafted rules for bonded warehousing and export petroleum products. The FBR issued...
Pakistan, Afghanistan sign protocol for 6-month extension in APTTA 2010
ISLAMABAD: Pakistan and Afghanistan signed the Protocol-VI of Afghanistan Pakistan Transit Trade Agreement (APTTA) 2010 to extend the agreement for...
FBR declares wealth statement mandatory for filing annual tax return
ISLAMABAD: A statement of wealth is mandatory for filing annual income tax return, which should include details of total assets...
FBR forms committee for penalty on non-compliance of invoice, packing lists
ISLAMABAD: Federal Board of Revenue (FBR) constituted a committee to formulate parameters for imposing penalties against non-compliance of invoice and...
Govt removes FED, ACD, reduces ST on small cars
ISLAMABAD: As new measures to facilitate the auto sector even before the forthcoming auto policy, the government has introduced multiple...
481 non-duty paid auctioned luxury vehicles missing: FBR
ISLAMABAD: The Federal Board of Revenue (FBR) has reported that of the 819 over 2,000cc non-duty paid and smuggled luxury...
Seven more Pakistani firms allowed for exporting rice to China
ISLAMABAD: After completing required international food safety and security standards, China has allowed 7 more Pakistani rice units to export...
Finance Act 2021: FBR directs not to take action till final formulation of rules
ISLAMABAD: Federal Board of Revenue (FBR) has directed all field formation not to take any action till formulation of rules...
FBR reduces sales tax rate on petrol to 16.4pc
ISLAMABAD: Federal Board of Revenue (FBR) announced a reduction in the sales tax rate on petrol to absorb the impact...
FBR imposes 7pc additional customs duty on imports under tariff slab of 30pc & above
ISLAMABAD: The Federal Board of Revenue (FBR) has slapped additional customs duty up to 7 per cent on imports falling...
Fiscal deficit to remain within target: MoF
ISLAMABAD: With continuity in fiscal consolidation efforts, the fiscal deficit for the entire fiscal year is expected to remain within...
Online market places to collect 2pc withholding sales tax
ISLAMABAD: The online market places have been brought into the tax net as through the Finance Act, 2021 the owner...
Competitive bidding for new oil, gas exploration sites soon: Hammad Azhar
ISLAMABAD: Pakistan is opening new areas for oil and gas exploration through competitive bidding that will push massive exploration activities...
NAB cell to counter terror financing, money laundering
ISLAMABAD: The National Accountability Bureau (NAB) has established the Anti-Money Laundering and Combating the Financing of Terrorism (AML&CFT) cell to...
Banks to pay income tax on advance to deposit ratio
ISLAMABAD: The Federal Board of Revenue (FBR) has said that in order to facilitate banking companies on payment of additional...
Additional tax on transfer of unregistered motor vehicles to continue beyond July 1
ISLAMABAD: The levy of withholding tax to discourage on money on transfer of motor vehicles will continue beyond July 01,...
Saving certificates profit: FBR imposes WHT of 15pc on filers, 30pc on non-filers
ISLAMABAD: The Federal Board of Revenue (FBR) has imposed a uniform withholding tax of 15% on filers and 30% on...
CNG sector demands withdrawal of 17pc GST on LNG, other relief measures
ISLAMABAD: The Compressed Natural Gas (CNG) industry has demanded the government to withdraw the 17 per cent General Sales Tax...
Tarin chairs 3rd EAC meeting, highlights planning for sustainable, inclusive growth
ISLAMABAD: Federal Minister for Finance and Revenue, Shaukat Tarin Saturday stressed the importance of long-term planning for achieving sustainable and...
Govt ensuring sustainable growth to strengthen national security: Tarin
ISLAMABAD: Asserting that there was a strong linkage between a country’s national security and economic security, Federal Minister for Finance...
