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PM Shehbaz meets Chinese business delegation, pledges digital economic ties

No under-invoicing found in used vehicles or solar panel imports: NA told

Govt to cut income tax, sales tax exemptions in budget

Jewelers propose simplified income tax regime for jewelry sector

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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

Transfer of foreign assets should be declared in annual return: FBR

18/01/2021

ISLAMABAD: Federal Board of Revenue (FBR) has said that a person makes transaction or transfer of foreign assets during a...

FBR allows adjustment of expenses against property income

18/01/2021

ISLAMABAD: The Federal Board of Revenue (FBR) has said that adjustment of expenses on property income has been allowed if...

FBR announces criteria for selection, conduct of income tax audit

16/01/2021

ISLAMABAD: The Federal Board of Revenue (FBR) has adopted a criteria for selection and conduct of income tax audit under...

Razak for supporting SMEs sector, facilitating ‘ease of doing businesses’

16/01/2021

ISLAMABAD: Advisor to the Prime Minister on Commerce and Investment Abdul Razak Dawood Friday expressed the government's desire to support...

FBR promotes 14 PCS officers from BS17 to BS-18

ISLAMABAD: Federal Board of Revenue (FBR) has issued notification for promotion of following officers of Pakistan Customs Service (PCS) from...

FBR to suspend registration of taxpayers for not filing returns for six consecutive months

ISLAMABAD: Federal Board of Revenue (FBR) considering to suspend sales tax registration of a taxpayer who fails to file returns...

Pakistan considering to revive stalled IMF loan programme through hike in power tariff

ISLAMABAD: The Pakistan government will be increasing the power tariff by Rs1.90 per unit to revive the stalled IMF loan...

FBR seeks customs duty suggestions for budget 2021/2022

Karachi: Federal Board of Revenue (FBR) invited customs duty proposals for federal budget 2021/2022. The FBR said that the proposals...

FBR transfers 7 PCS officers of BS17-19 with immediate effect

14/01/2021

ISLAMABAD: Federal Board of Revenue (FBR) has issued notification for transfers and postings of seven Pakistan Customs Service (PCS) officer...

FBR invites income tax suggestions for budget 2021/2022

14/01/2021

ISLAMABAD: Federal Board of Revenue (FBR) FBR invites income tax suggestions for budget 2021/2022 invited income tax proposals for budget...

Procedure for importers registration for customs clearance notified

13/01/2021

ISLMABAD: Commercial and non-commercial importers are required to get registered with Pakistan’s online WeBOC system for clearance of consignments. In...

FBR announces guidelines for accountants to comply with FATF conditions

13/01/2021

ISLAMABAD: Federal Board of Revenue (FBR) has issued guidelines for accountants related to Anti-Money Laundering (AML)/Counter Financing of Terrorism (CFT)...

NAB Chairman Justice Javed Iqbal directs regional offices to improve efficiency

13/01/2021

ISLAMABAD: Justice Javed Iqbal, Chairman National Accountability Bureau chaired a meeting to review performance of NAB at NAB Headquarters. Mr....

FBR notifies rules for taxpayers to update profile through IRIS portal

12/01/2021

ISLAMABAD: Federal Board of Revenue (FBR) notified rules for making it mandatory for taxpayers to update their profiles through IRIS...

Govt taking measures to promote value added export industries

12/01/2021

ISLAMABAD: Prime Minister Imran Khan said that the government was taking steps on priority basis to promote those industries which...

Tax receipts crossed Rs2205b in 1H of FY21, PM told

11/01/2021

ISLAMABAD: Prime Minister Imran Khan was told that tax receipts had surpassed Rs2205 billion during first six months of current...

NAB’s Combined Investigation System Team to benefit probes: Justice Javed Iqbal