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
IMF talks continue focus on tax reforms
ISLAMABAD: The International Monetary Fund (IMF) has conducted a detailed study of Pakistan’s existing tax system and made recommendations, including...
Pakistan’s WTO’s TFA implementation level reaches 79pc: Hafeez Shaikh
ISLAMABAD - Advisor to Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh said that the World Trade Organization's...
Exports increases 5.98pc to Rs1.254 trillion in 4 months
ISLAMABAD: The exports from the country, in rupee term, increased by 5.98 percent during the first four months of the...
Valuation procedure for undeclared motor vehicles
ISLAMABAD: The procedure for valuation of motor vehicles, which have been identified as undeclared or concealed assets, has been laid...
FBR obtains details of buyers, sellers of immovable properties through provincial registrars
ISLAMABAD: Federal Board of Revenue (FBR) is getting information of buyers and sellers of immovable properties through provincial registrars. FBR...
Rules drafted to empower customs officials to trace & freeze smuggled assets
ISLAMABAD: Federal Board of Revenue (FBR) has drafted rules to empower customs officials to trace and freeze assets acquire by...
Weekly inflation surged by 0.024pc across Pakistan
ISLAMABAD: Weekly inflation for the combined group during the current week recorded an increase of 0.24 per cent, according to...
FBR announces rules for determination of value of bonus shares
ISLAMABAD: Federal Board of Revenue (FBR) has issued Income Tax Rules, 2002 (updated September 08, 2020) which explained the determination...
FBR invites services for real-time monitoring, tracking of cargo movement by Dec 15
ISLAMABAD: Federal Board of Revenue (FBR) has invited Expression of Interest (EOI) from companies providing real-time support for monitoring and...
Pakistan’s trade deficit shrinks by 7.41pc in October
ISLAMABAD: The country’s trade deficit shrank by 7.41 per cent to $1.80 billion in October 2020 as compared to $2.033...
ECC approves supplementary grant of US$150m for purchase of Covid-19 vaccine
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired the meeting of the Economic...
FBR notifies tax exemption for 61 items used in Covid-19 vaccines
ISLAMABAD: The Federal Board of Revenue (FBR) has issued a notification for tax exemption on imports of 61 items used...
Current account surplus for fourth month in row at $382m
ISLAMABAD: The country’s current account balance remained in surplus for the fourth month in a row at $382 million in...
FBR halts manual processing of income tax refunds
ISLAMABAD: Federal Board of Revenue (FBR) has stopped manual processing of income tax refunds and directed tax offices that tax...
NAB chief directs prosecution, operation divisions for pursuing high-profile cases
ISLAMABAD: Justice Javed Iqbal, Chairman National Accountability Bureau (NAB) chaired a meeting to review performance of Prosecution Division of NAB...
PMDU introduces ‘FBR category’ in citizens’ portal to address taxpayers complaints
ISLAMABAD: The Prime Minister Delivery Unit (PMDU) has introduced a new category, ‘FBR policy matters’ in the Pakistan Citizens Portal...
No extension in date for filing income tax returns
ISLAMABAD: Federal Board of Revenue (FBR) reiterated that it will not further extend the date for filing income tax return...
Salaried individuals to keep tax certificate for six years: FBR
ISLAMABAD: Salaried individuals are required to keep tax / salary certificate for minimum six years for assessment and audit purpose....
ADB issues first Pakistan Rupee-linked bonds
ISLAMABAD: The Asian Development Bank (ADB) has raised 1.83 billion Pakistan rupees ($11.4 million) in a first issue of local...
Exports are increasing, integrated policy improves economy: Hafeez Shaikh
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh addressed “THE FUTURE SUMMIT” today through...
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