Islamabad

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

FBR transfers 6 PCS officers of BS-17-19 with immediate effect

ISLAMABAD: Federal Board of Revenue (FBR) issued notification for transfers and postings of following officers of BS-17-19 with immediate effect...

FBR issues return form for taxpayers having turnover less than Rs50m

ISLAMABAD: Federal Board of Revenue (FBR) has launched a single page simplified draft income tax return form for business individuals...

FBR announces draft rules for filing appeals electronically against tax from Jan 1

ISLAMABAD: Federal Board of Revenue (FBR) issued draft rules for filing appeals electronically from January 01, 2021. The FBR issued...

ADB approves $300m loan For Pakistan

ISLAMABAD: The Asian Development Bank (ADB) has approved a $300 million policy-based loan to help promote macroeconomic stability in Pakistan...

NAB chairman presides over meeting to review performance of operations & prosecution division

ISLAMABAD: Justice Javed Iqbal, Chairman National Accountability Bureau (NAB) chaired a meeting to review performance of Operations and Prosecution Division...

Return filing may reach 6.5m if NTN holders make compliance: FBR

ISLAMABAD: The number of return filers may reach near 6.5 million if persons obtained National Tax Number (NTN) make compliance....

Hafeez Shaikh outlines govt’s economic measures to cope with Covid-19

ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh addressed the Annual Microfinance Conference (AMC) as...

FBR extends suspension period of second secretary Fahad Faizan Khan

ISLAMABAD: Federal Board of Revenue (FBR) has extended suspension period of second secretary Fahad Faizan Khan. A notification issued by...

Over $100m deposited in Roshan Digital Accounts: Faisal Javed

ISLAMABAD: Senator Faisal Javed said on Thursday that over $100 million have been deposited in Roshan Digital Accounts and 44,000...

World Bank approv es $19.8m aid to Pakistan for education sector

ISLAMABAD: The World Bank has pledged to provide US$19.85 million to Pakistan for the country’s response, recovery, and resilience in...

Textile sector making progress despite COVID 19: PM Imran

ISLAMABAD: Prime Minister Imran Khan on Wednesday said that the textile sector is one of a number of positive developments...

Pakistan witnesses remarkable improvement in fiscal & current account deficits: Hafeez Shaikh

ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh addressed the second segment of the...

Customs North Region surpasses CD collection target

byTariq Derya

ISLAMABAD: The Customs North region has surpassed revenue target of customs duty (CD) with extra amount of Rs300 million against...

Transit trade activity starts at Gwadar Port

ISLAMABAD: A first carrier containing 200 tons of fish from international waters arrived at Gwadar. The fish will be shipped...

Phone SMS included as mode of service for tax notices

ISLAMABAD: Federal Board of Revenue (FBR) expanded the scope of service tax notices and included mobile phone SMS as valid...

FBR grants CD, RD & ACD exemption on import of medical equipments for treatment of COVID

ISLAMABAD: Federal Board of Revenue (FBR) exempted customs duty, regulatory duty and additional customs duty on import of medical instruments...

Coronavirus resurgence: FBR decides to cut staff strength to half

ISLAMABAD: Federal Board of Revenue (FBR) on Monday directed all the tax offices to cut the staff (BS-1 to BS-15)...

SECP decides to formulate digital assets law

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has decided to formulate laws related to the establishment of digital...

CDNS achieves collection of Rs27b

ISLAMABAD: The Central Directorate of National Savings (CDNS) has achieved a collective net target of Rs 27 billion by November...

FBR explains fair market value of property, assets