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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

FBR changes taxation of capital gains on disposal of immovable property

ISLAMABAD: Federal Board of Revenue (FBR) has made significant changes in the taxation of capital gains on disposal of immovable...

FBR declares filing income tax return mandatory for FTR taxpayers

ISLAMABAD: Federal Board of Revenue (FBR) has said that filing annual income tax return is mandatory for taxpayers falling under...

FBR allows monthly salary up to Rs25,000 per employee paid in cash as business expense

ISLAMABAD: Federal Board of Revenue (FBR) has allowed monthly salary up to Rs25,000 per employee paid in cash as business...

Importers on Sales Tax ATL to import sugar with tax concessions: MoC

ISLAMABAD: The ministry of commerce has said that only those importers, who are on the Active Taxpayers List (ATL) of...

Dawood directs for resolving issues of exporters on war-footings

ISLAMABAD: The Adviser to Prime Minster on Commerce and Investment, Abdul Razak Dawood directed Ministry of Commerce to resolve the...

FBR, FDE sign letter of understanding to promote tax culture

byTariq Derya

ISLAMABAD: Federal Board of Revenue (FBR) and Federal Directorate of Education (FDE) have signed a agreement to promote tax culture...

FBR collects 3pc more customs duty than set target in August

ISLAMABAD: The Federal Board of Revenue (FBR) raked in Rs45.9 billion under the head of customs duty during the month...

FBR detects 19 suspected benami vehicles

ISLAMABAD: The Federal Board of Revenue’s (FBR) anti-benami zone has identified 19 suspected benami vehicles in Karachi. Sources said that...

Exports record 19.5pc decline due to ‘unprecedented rains’ in August

ISLAMABAD: Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood said on Thursday the country’s exports recorded...

Hafeez seeks update on transparency standards, expenditures under Ehsaas

ISLAMABAD: Adviser to Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh Thursday directed the Social Protection and Poverty...

FBR to launch countrywide anti-smuggling drive: Member Customs Tariq Huda

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to launch a major operation against smuggling. The property of those...

Pakistan Customs achieves revenue target for August despite COVID-19: FBR

ISLAMABAD: Federal Board of Revenue (FBR) has stated that the outbreak of COVID-19 within the country has caused administrative problems...

Pakistan Customs seizes NDP goods worth Rs3.95b during August

byTariq Derya

ISLAMABAD: Pakistan Customs has seized smuggled goods worth Rs3.95 billion during the month of August 2020 as compared to Rs2.1...

FBR announces rules to start authorized AEO program to improve trade environment

ISLAMABAD: Federal Board of Revenue (FBR) has notified rules to launch Authorized Economic Operator (AEO) program to improve trade and...

Consumer inflation eases to 8.2pc in August

ISLAMABAD: The consumer price index (CPI) based monthly inflation eased at 8.2 percent in August from 9.3 percent during July...

SC suspends SHC decision to declare sugar inquiry report null and void

ISLAMABAD: The Supreme Court on Wednesday rejected the Sindh High Court’s decision to declare the Sugar Inquiry Commission report null...

FBR notifies transfer & postings of 19 PCS officers of BS-16

ISLAMABAD: Federal Board of Revenue (FBR) issued notification for transfer and posting of following Pakistan Customs Service (PCS) officers of...

Facilitation of businessmen govt’s top priority: PM

ISLAMABAD: Prime Minister (PM) Imran Khan said that facilitation of the business community is among the top priorities of his...

FBR tax collection jumps to Rs593b for July, August

ISLAMABAD: The Federal Bureau of Revenue (FBR) collected Rs593 billion revenue against the assigned target of Rs551 billion, an addition...

Pak-Japan ties will continue to become stronger with every passing day: Hafeez Shaikh