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
Govt releases 91.6pc of funds allocated under PSDP for petroleum projects
ISLAMABAD: The government has so far released around 91.6 percent funds against the total allocation of Rs1,8441.230 million to execute...
Govt borrowing till May to total Rs4.82tr
ISLAMABAD: The government has targeted to borrow Rs4.82 trillion over the next three months from local commercial banks to pay...
Computation of taxable income defined
ISLAMABAD: Income Tax Ordinance, 2001 has explained procedure for computation of taxable income. The Income Tax Ordinance, 2001 updated up...
FBR inks accord to launch track and trace system from July 1
ISLAMABAD: Federal Board of Revenue (FBR) signed a contract with AJCL along with its lead partner Authentix Inc. USA and...
Pakistan to chair WTO committee keen on developing conutries’ interests
ISLAMABAD: The adviser to Prime Minister Imran Khan on Commerce, Abdul Razak Dawood, announced that the country has been elected...
Weekly inflation goes up 0.61pc
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on March 4, for the combined consumption...
MoF announces 25pc grant of disparity reduction for government employees
ISLAMABAD: The finance division has notified grant of disparity reduction allowance at 25 percent of the basic pay to the...
Flaws in tax system to be removed through reforms: PM Imran
ISLAMABAD: Prime Minister Imran Khan has said that flaws in tax system will be removed through reforms. He was chairing...
PM Imran Khan okays cross-border yarn import
ISLAMABAD: Prime Minister Imran Khan has approved the cross-border import of cotton yarn. Commerce Adviser Razak Dawood wrote on Twitter...
ECC likely to approve Rs114b subsidy for Power Division
ISLAMABAD: The federal cabinet’s Economic Coordination Committee (ECC) is likely to approve the allocation of Rs114.5 billion as technical supplementary...
Trade deficit widens to $17.3b in July – February
ISLAMABAD: Pakistan’s trade deficit widened by 9 percent or $17.3 billion during first eight months (July – February) 2020/2021 of...
CDNS receives Rs29b new investments
ISLAMABAD: Central Directorate of National Savings (CDNS) has received Rs29 billion new investments by February 28, through registered Premium Prize...
FBR appoints Dr. M. Ali Khan as chairman of Benami Adjudicating Authority
ISLAMABAD: The government has appointed Dr. Muhammad Ali Khan as chairman of Benami Adjudicating Authority under the Benami Transactions (Prohibition)...
Taxpayers to get active status after surcharge payment: FBR
ISLAMABAD: Federal Board of Revenue (FBR) advised late filers to pay surcharge to appear on the Active Taxpayers List (ATL)...
PTA issues mobile device manufacturing regulations
ISLAMABAD: Pakistan Telecommunication Authority (PTA) has said it has issued Mobile Device Manufacturing (MDM) regulations and has started receiving applications...
FBR extends pre-arrival customs clearance facility to five airlines
ISLAMABAD: Federal Board of Revenue (FBR) said that it has extended the pre-arrival custom clearance facility to five airlines. A...
FBR devises mechanism for release of consignments stuck-up at Karachi ports
ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday devised a mechanism for release of imported goods of FATA/PATA residents stuck-up...
FBR starts harmonizing IR codes to simplify & consolidate tax laws
ISLAMABAD: Federal Board of Revenue (FBR) has started harmonizing Inland Revenue codes in order to simplify and consolidate the tax...
Eurobonds, Sukuks granted income tax exemption by FBR
ISLAMABAD: Federal Board of Revenue (FBR) granted income tax exemption on profits derived by foreign nationals on yield of Eurobonds...
FBR suspends IR officer of BS 18 Jamshed Khan for four months
ISLAMABAD: Federal Board of Revenue (FBR) suspended a BS-18 officer of Inland Revenue Service (IRS) for four months with immediate...
