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

High port charges in Pakistan discouraging trade with Afghanistan, NA body told

20/10/2020

ISLAMABAD: During a meeting of National Assembly’s Standing Committee on Commerce, the officials of the Ministry of Commerce said...

NAB determined to deal money laundering, white collar crime cases on merit: Chairman Javed Iqbal

ISLAMABAD: National Accountability Bureau (NAB) Chairman Justice (r) Javed Iqbal has said that the NAB determined to deal with...

FBR announces tax relief of Rs24.14b on domestic supply of sugar

ISLAMABAD: Federal Board of Revenue (FBR) has granted concession of Rs24.14 billion as sale tax on domestic supply of sugar....

ECC forms committee to evaluate wheat support price

ISLAMABAD: Adviser to the Prime Minister on Finance Dr. Abdul Hafeez Shaikh chaired the meeting of the Economic Coordination Committee...

FBR issues details of sales tax concessions worth Rs23.15b on import of mobile phones

ISLAMABAD: Federal Board of Revenue (FBR) issued details of sales tax concessions to the tune of Rs23.15 billion granted on...

FBR grants tax concessions to large retailers

ISLAMABAD: The federal government has once again agreed to tax concessions for Pakistan’s big retailers in a deal that would...

Punjab govt to share e-stamp, land ownership data with FBR

17/10/2020

ISLAMABAD: In line with the vision of Prime Minister Imran Khan to enhance transparency in the tax collection system, the...

Foreign Direct Investment plunges 51pc YoY in Sept

17/10/2020

KARACHI: Foreign direct investment (FDI) was recorded at $189 million in September 2020, compared to $384 million in September 2019,...

Weekly inflation up 0.45 pc as food prices continue to rise

17/10/2020

ISLAMABAD: Weekly inflation for the combined group during the period ended on October 15 increased by 0.45 per cent to...

FBR unearths three tax evasion cases in Hyderabad, Multan

ISLAMABAD: The Federal board of Revenue's (FBR) Directorates of Intelligence and Investigation in Hyderabad and Multan have unearthed three tax...

APP79-15
ISLAMABAD: October 15 - Prime Minister Imran Khan witnesses signing of Financing Agreements between World Bank and Government of Pakistan. APP

Pakistan, World Bank sign $1.15b accords for clean energy projects in KP

ISLAMABAD: Pakistan and the World Bank signed two agreements related to renewable energy and hydropower projects, worth $1,150 million, in...

Tax Year 2021: FBR updates tax rate of dividend

ISLAMABAD: Federal Board of Revenue (FBR) has updated income tax rate on dividend received from a company during tax year...

FBR updates tax rate for profit on debt for FY21

ISLAMABAD: Federal Board of Revenue (FBR) has updated tax rate for profit on debt to be applicable during tax year...

ECC approves import of 340,000MT wheat

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday granted approval for the import of 340,000 metric tonnes...

byQaisar Mansoor

Pakistan clears sale of First Women Bank to UAE-based entity amid privatisation drive Established in 1989, the FWBL was conceived...

CSA senior Alumini’s office-bearers visit FBR

15/10/2020

ISLAMABAD: Senior office bearers of Civil Service Academy Alumni visited Federal Board of Revenue (HQ). Chairman FBR Muhammad Javed Ghani...

FBR abolishes regulatory duty, ACD on various raw materials

15/10/2020

ISLAMABAD: Federal Board of Revenue (FBR) abolished regulatory duty and additional customs duty on various raw materials used by textile...

Rates of income tax for companies issued

15/10/2020

ISLAMABAD: Federal Board of Revenue (FBR) has issued rates of income tax for companies to be applicable during tax year...

FBR issues SRO 1041(I)/2020 for timely issuance of annual return forms

14/10/2020

ISLAMABAD: Federal Board of Revenue (FBR) issued SRO 1041(I)/2020 for timely issuance of annual income tax return forms in order...

FTO directs FBR to enforce certificate of origin to curb under invoicing