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 exempts sales tax, VAT on sugar import
ISLAMABAD: Federal Board of Revenue (FBR) issued notification to exempt sales tax and value added tax on import of 500,000...
FBR seeks sales tax proposals for budget 2021/2022
ISLAMABAD: Federal Board of Revenue (FBR) on Friday invited sales tax proposals for the federal budget 2021/2022 and directed the...
ECC approves revocation of Neelum Jhelum surcharge to electricity consumers
ISLAMABAD: Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, chaired the meeting of the Economic Coordination Committee (ECC)...
FBR transfers 8 IRS officers of BS-19 with immediate effect
ISLAMABAD: Federal Board of Revenue (FBR) on Thursday notified transfers and postings of BS-19 officers of Inland Revenue Service (IRS)...
Investment in premium prize bonds of Rs40,000 & Rs25,000 up 29pc
ISLAMABAD: Since the government imposed a ban on unregistered prize bonds, the investment in registered or premium prize bonds has...
FBR delegates powers, functions to Members
ISLAMABAD: Federal Board of Revenue (FBR) delegated its powers and functions to the Members under tax laws including income tax,...
People should use CNICs for heavy amount transactions: Dr. Waqar Masood
ISLAMABAD: Special Assistant to Prime Minister on Revenue Dr. Waqar Masood urged people to use their Computerized National Identity Cards...
Govt decides to abolish corporate income tax exemptions to address IMF concerns
ISLAMABAD: The federal government has planned to abolish corporate income tax (CIT) exemptions either via a presidential ordinance or by...
Finance ministry issues clarification regarding surplus balance
ISLAMABAD: Ministry of Finance has issued clarification regarding an article appearing in a section of press, it is stated that...
Hafeez Shaikh seeks suggestions from provinces for 10th NFC award
ISLAMABAD: Finance Minister Abdul Hafeez Shaikh Thursday chaired a meeting of the National Finance Commission (NFC) and asked the provinces...
FBR promotes 43 IR officers from BS-17 to BS-18
ISLAMABAD: Federal Board of Revenue (FBR) promoted 43 officers of Inland Revenue Service (IRS) from BS-17 to BS-18 on regular...
FBR slashes income tax rate to 0.25pc for sugar, cement, and edible oils dealers
ISLAMABAD: The Federal Board of Revenue (FBR) has slashed the income tax rate for dealers and sub-dealers of sugar, cement,...
FBR decides to share real-time data with federal, provincial departments
ISLAMABAD: The Federal Board of Revenue (FBR) has decided to share real-time data, including videos and images, with other federal...
Agreement with IMF, a good development for Pakistan: Hafeez Shaikh
ISLAMABAD: Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh Tuesday said that the staff-level agreement reached between International...
FBR transfers 6 IRS officers of BS-20 with immediate effect
ISLAMABAD: Federal Board of Revenue (FBR) issued notification for transfers and postings of senior officers of Inland Revenue Service (IRS)...
IMF & Pakistan reach staff-level accord on measures to complete pending reviews under EFF
NEW YORK: International Monetary Fund(IMF) staff and the Pakistani authorities have reached an agreement on a package of measures to...
Tracking system for tobacco, fertilisers soon, Senate panel told
ISLAMABAD: The Federal Board of Revenue (FBR) will roll out a Track & Trace (T&T) system for tobacco, cement, fertilisers...
Super tax made permanent for banking companies
ISLAMABAD: The levy of super tax has been made permanent for banking companies beyond Tax Year 2021, sources in Federal...
FBR announces tax holiday for sportsmen on import of professional & technical apparatus
ISLAMABAD: Sportsmen – participating in an international event – have been allowed tax holiday o import of professional and technical...
CDWP approves Rs5b development projects
ISLAMABAD: Central Development Working Party (CDWP) meeting approved two projects worth Rs five billion besides recommending three projects worth Rs...
