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 directs tax officers to issue penalty notices to sugar mills for not complying VAS
ISLAMABAD: Federal Board of Revenue (FBR) has directed tax offices to issue penalty notices to sugar mills, which have failed...
Salary persons must retain tax deduction certificate for six years: FBR
ISLAMABAD: A person deriving income salary is required to retain salary certificate indicating amount of salary and tax deducted for...
FBR issues SRO to abolish additional customs duty on import of raw material
ISLAMABAD: Federal Board of Revenue (FBR) has withdrawn additional customs duty on import of raw materials of around 174 tariff...
ECC approves continuation of subsidy on five essential items through Utility Stores
ISLAMABAD: Economic Coordination Committee of the Cabinet has approved continuation of subsidy on five essential items through Utility Stores Corporation...
Fauji Foundation to buy majority stake in Silk Bank
ISLAMABAD: Fauji Foundation has been given the go ahead by Silk Bank Limited to acquire a majority stake in the...
Pakistan, Kuwait agree to enhance trade, investment cooperation
ISLAMABAD: Pakistan and Kuwait have expressed resolve to enhance cooperation in economic, trade, oil and gas, energy, investment, agriculture, IT...
NPOs require to declare donation details above Rs5,000 to avoid cancellation of approval: FBR
ISLAMABAD: Non-profit organizations are required to provide details of all donations above Rs5,000 in order to avoid cancellation of approval...
Bank AL Habib’s profit rises 59pc to Rs17.8b in 2020
ISLAMABAD: The Board of Directors of Bank AL Habib Limited met to review and announce the bank’s financial results for...
FBR decides to exempt withholding tax on import of wheat
ISLAMABAD: Federal Board of Revenue (FBR) issued notification to exempt withholding income tax on import of 300,000 metric tons of...
IMF revises upward Pakistan’s GDP to 1.5pc for 2021
ISLAMABAD: The International Monetary Fund (IMF) has revised Pakistan’s GDP growth rate forecast upward to 1.5 percent for the current...
Remittances likely to remain strong for financing trade deficit: MoF
ISLAMABAD: The Ministry of Finance (MoF) predicted that inflows of remittances to remain strong enough to support the financing of...
FBR announces rules for goods supplied from tax exempt areas
ISLAMABAD: Federal Board of Revenue (FBR) issued rules for tax treatment of goods supplied from tax exempt areas. In this...
Pakistan keen to strengthen trade ties with UK: Hafeez Shaikh
ISLAMABAD: Federal Minister for Finance and Revenue Dr. Abdul Hafeez Shaikh has said that Pakistan keen to strengthen trade ties...
PM Imran lauds efforts of Pakistan Customs for making Pakistan trade friendly country
ISLAMABAD: Prime Minister Imran Khan has said that Pakistan Customs succeeded in ensuring seamless flow of trade in these difficult...
Law prohibits arrest of minors, women for tax recovery: FBR
ISLAMABAD: Income tax law has prohibited tax officials from arresting any woman or a minor for recovery of tax default...
Pakistan Customs adopts effective strategy for smooth clearance of goods during Covid-19: Hafeez Shaikh
ISLAMABAD: Federal Minister for Finance and Revenue Dr. Abdul Hafeez Shaikh has said that Pakistan Customs is actively working for...
Pakistan Customs taking various measures to facilitate businessmen: FBR Chairman Javed Ghani
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Muhammad Javed Ghani has said that bilateral and multilateral trade, in the 21st...
All resources being utilized to bring back looted money stashed abroad: NAB chairman
ISLAMABAD: Justice Javed Iqbal, National Accountability Bureau (NAB) Chairman has said that NAB has solid evidence of money laundering of...
Sales tax value addition at 3pc applicable on all imported goods: FBR
ISLAMABAD: Sales tax on account of minimum value addition at three percent is applicable on all imported goods subject to...
FBR notifies procedure for registration of informer
ISLAMABAD: A person can share information of tax evasion and get monetary reward for the disclosure from Federal Board of...
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