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

FBR starts inquiry against 76 PCS & IRS officers on corruption charges

01/09/2020

ISLAMABAD: The Federal Board of Revenue (FBR) Monday announced that the board initiated inquiry against 76 officers from different grade...

PM Imran rejects OGRA summary for hike in petroleum prices

ISLAMABAD: Prime Minister on Monday rejected an increase in the price of petroleum products. While rejecting the summary forwarded by...

NAB deposits Rs466b in national kitty after recovery from corrupt elements: Justice Javed Iqbal

ISLAMABAD: Corruption is a curse and is the only solution to eradicate menace of corruption is surgery as the corrupt...

FBR issues list of businesses for mandatory income tax integration

ISLAMABAD: Federal Board of Revenue (FBR) issued list of business located at eight major cities of the country for making...

Hafeez presides over CCOSOEs meeting to discuss SOEs for retention, privatization & restructuring

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

Not consulted regarding pricing formula for Euro-5 fuel, oil refineries complain

ISLAMABAD: Oil refineries on Monday expressed reservations on the pricing formula for Euro-5 standard fuel and said that they were...

Govt disburses Rs105b for uplift schemes in July-August

ISLAMABAD: The federal government disbursed Rs105.42 billion for uplift schemes during the first two months of the current fiscal year,...

Debt burden on economy rises amid COVID-19 pandemic: Finance ministry

ISLAMABAD: Finance ministry said that the debt burden on the economy has reached upto 87.2 percent, terming the rise mainly...

FBR unearths billion of rupees money laundering

29/08/2020

ISLAMABAD: The Federal Board of Revenue (FBR) has unearthed billions of rupees money laundering scam after following Suspicious Transactions Report...

Prices of petroleum products likely to go up by Rs5 for September

29/08/2020

ISLAMABAD: The government is likely to increase the prices of petroleum products by Rs5 per litre from September 1. Informed...

FBR assures traders of clearing up rebate backlog soon

ISLAMABAD: The Federal Board of Revenue (FBR) has assured businesses that it will clear all pending rebates that have been...

Development of construction sector key to economic stability & growth: PM Imran

ISLAMABAD: Prime Minister Imran Khan said that the development of the construction sector is the key to stability and...

FBR directs field formations to adopt comprehensive strategy to curb smuggling of food items

byTariq Derya

ISLAMABAD: After strict instructions from Prime Minister Imran Khan to stop smuggling, Federal Board of Revenue (FBR) has directed all...

BoI aims to take FDI to $5b by 2023

ISLAMABAD: The Board of Investment (BOI) on Thursday unveiled an Investment Promotion Strategy for the three year period 2020 to...

Exchange rate flexibility helps Pakistan reducing external vulnerability: IIF

ISLAMABAD: The Institute of International Finance has said that the exchange rate flexibility in Pakistan was helping the country to...

Physical work on two private sector LNG terminals to commence in few months

ISLAMABAD: Two multinational companies are all set to start physical work on setting up their Liquefied Natural Gas (LNG) terminals...

FBR amends sales tax rules to bring more businesses into tax net

ISLAMABAD: Federal Board of Revenue (FBR) has amended sales tax rules in order to bring more businesses into the tax...

FBR approves Audit Policy-2019

ISLAMABAD: The Federal Board of Revenue (FBR) approved the Audit Policy-2019 pertaining to Tax Year-2018. The Audit Policy-2019 would apply...

Decisions on Roosevelt Hotel to be taken in national interest: Shaikh

ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue, Dr Abdul Hafeez Shaikh said Thursday that all decisions related...

ADB announces Pakistani-rupee linked bonds worth $200m