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
Exchange companies to pay 0.6pc WHT on cash withdrawal: FBR
ISLAMABAD: The concessionary rate of tax allowed to exchange companies on cash withdrawal has been linked to active taxpayers list....
PM directs banks to simplify loan procedure under Naya Pakistan Housing Scheme
ISLAMABAD: Prime Minister (PM) Imran Khan, while observing that people have been difficulties in seeking loans under Naya Pakistan Housing...
Bank deposits surge 17pc in Feb
ISLAMABAD: The Pakistani banking sector deposits continued to show healthy growth during the pandemic, as the total deposits held by...
FBR extends date for updating tax profile up to June 30
ISLAMABAD: Federal Board of Revenue (FBR) extended the last date for updating taxpayer profile up to June 30, 2021. The...
FBR removes IR official Maqbool Ahmed from service for concealing assets & hiding foreign trips
ISLAMABAD: Federal Board of Revenue (FBR) imposed major penalty of ‘removal from service’ upon Maqbool Ahmed, a BS-16 officer of...
Weekly inflation up 0.61 per cent
ISLAMABAD: Weekly inflation for the combined group in the period ended on 25th of March increased by 0.61 per cent,...
ECC approves Rs1b grant for Covid-related awareness campaign
ISLAMABAD: The Economic Coordination Committee (ECC) has approved a Rs1 billion technical supplementary grant to launch advertising campaigns to raise...
FBR reminds taxpayers of updating profile by March 31 to avoid penal action
ISLAMABAD: Federal Board of Revenue (FBR) reminded taxpayers to update their profile by March 31, 2021 to avoid penal action....
Pakistan hires banks for three-tranche dollar bond sale
ISLAMABAD: Pakistan has hired a group of banks to arrange investor calls ahead of a triple-tranche sale of US dollar-denominated...
Tax credit for enlistment in stock exchange abolished
ISLAMABAD: A tax credit granted to encourage companies for enlistment in stock exchange has been abolished through Tax Laws (Second...
First year allowance on plant, machinery withdrawn
ISLAMABAD: First year allowance has been withdrawn that was allowed on installation of plant and machinery by any industrial unit....
IMF approves $500m disbursement to Pakistan
WASHINGTON: The International Monetary Fund said it approved a $500 million disbursement to Pakistan for budget support after the IMF...
Metro Pakistan, FBR collaborate on POS-EDS integration
ISLAMABAD: Metro Pakistan, a leading chain of stores, has integrated its sales with the Federal Board of Revenue (FBR) for...
60,000 taxpayers pay surcharge to get active status: FBR
ISLAMABAD: Around 60,000 taxpayers paid surcharge for including their names in Active Taxpayers List (ATL) for tax year 2020 during...
Pakistan, Japan agree to further enhance bilateral economic cooperation
ISLAMABAD: Pakistan and Japan have agreed to enhance bilateral economic cooperation. The understanding came during the 7th Japan-Pakistan High-level Economic...
FBR collects Rs1.8b as capital gain tax on sale of securities during first eight months of FY21
ISLAMABAD: Federal Board of Revenue (FBR) has collected Rs1.8 billion as capital gain tax on sale of securities during first...
Ministry of Commerce approves Rs950m for export related projects
ISLAMABAD: The Ministry of Commerce approved Rs950 million for export related projects to provide competitiveness to the export value chain....
Pakistan, Qatar agree to promote bilateral ties in customs & taxes
ISLAMABAD: Pakistan and Qatar agreed to promote bilateral relations in customs and taxes. Ambassador of Qatar in Pakistan, Sheikh Saoud...
ECC approves import of 300,000 metric tons of wheat
ISLAMABAD: The Economic Coordination Committee of the cabinet has approved import of 300,000 metric tons of wheat to avoid any...
Finance Ministry clarifies State Bank Amendment Act 2021
ISLAMABAD: The Ministry of Finance has clarified media reports related to the recently introduced draft State Bank Amendment Act 2021,...
