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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

Airlines’ pilots avail tax concession worth Rs430m on allowances

08/10/2020

ISLAMABAD: Pilots of Pakistani airlines have availed tax concession to the tune of Rs430 million during tax year 2020 on...

Teachers, researchers avail income tax exemption worth Rs2.42b: FBR

ISLAMABAD: Teachers and researchers have availed tax exemption to the tune of Rs2.42 billion on their income during Tax Year...

Collection of WHT from cash withdrawal declines by 52pc

ISLAMABAD: The collection of withholding tax has sharply declined by 52 percent during tax year 2020 as the tax was...

ECC allows SNGPL for recovery of revenue shortfall

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

CDNS achieves collection of Rs10b by Sep 30

ISLAMABAD: The Central Directorate of National Savings (CDNS) has achieved collection net target of Rs10 billion by of fiscal year...

FBR warns officers not to exert political pressure in administration matters

ISLAMABAD: The Federal Board of Revenue (FBR) has warned its officers not to exert political pressure onto the administration in...

FBR might offer golden hand shake scheme to employees in 2021

ISLAMABAD: Federal Board of Revenue (FBR) has hinted that FBR might offer a golden handshake scheme for the redundant workforce...

FBR grants income tax exemption of Rs27b to power generation companies

ISLAMABAD: Federal Board of Revenue (FBR) has granted an exemption from income tax to the tune of Rs27 billion during...

Trade deficit expands to $5.8b during 1Q of FY20

ISLAMABAD: Pakistan’s trade deficit marginally widened to $5.8 billion in first quarter of current fiscal year due to surge in...

Pak-Afghan Parliamentary Friendship Group to discuss containers detention charges today

ISLAMABAD: A meeting of the Task Force of Pakistan-Afghanistan Parliamentary Friendship Group on containers detention will be held today at...

FBR issues draft rules for settlement of tax cases

ISLAMABAD: Federal Board of Revenue (FBR) has issued draft rules for settlement of tax cases through oversight committee. The FBR...

FBR directs to issue delay and detention certificate for Afghan transit consignments

ISLAMABAD: Federal Board of Revenue (FBR) directed Collectorate of Customs Appraisement & Facilitation East, Karachi to facilitate the Afghan importers...

Sales tax collection from textile sector registers six-fold increase: FBR

ISLAMABAD: The collection of sales tax from textile sector registered a six-fold increase in fiscal year 2019/2020 owing to elimination...

Change in tax slabs: Salaried persons pay Rs129b in FY 2020

ISLAMABAD: Salaried persons have paid Rs129 billion as income tax at source during tax year 2020, which is 70 percent...

MoC announces policy to export goods to Afghanistan, CARs

ISLAMABAD: The ministry of commerce has unveiled Export Policy Order 2020 and explained export of goods allowed against Pakistan currency...

NAB committed to resolve mega corruption cases on priority basis: Chairman Javed Iqbal

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

MoC announces policy for import of bullet proof vehicles

ISLAMABAD: The ministry of commerce has unveiled policy for import of bullet proof vehicles both in new and used condition....

Govt to reform petroleum sector: Nadeem Babar

ISLAMABAD: The Federal government was working on long term policy to bring reforms in petroleum sector, said Special Assistant to...

Inflation remains at 9.04pc during September

ISLAMABAD: Pakistan Bureau of Statistics (PBS) has issued the monthly review of inflation in the country, showing an increasing trend...

Services rendered by Sarfraz Warriach & Nadeem Dar will be remembered: Javed Ghani