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 Chairman Javed Ghani holds e-kutchery to listen complaints of taxpayers

ISLAMABAD: To comply with the directions of the Prime Minister Imran Khan, Federal Board of Revenue (FBR) Chairman Muhammad Javed...

FBR exempts sugar import from taxes, notification issued

ISLAMABAD: The Federal Board of Revenue (FBR) has exempted the import of 300,000 tonnes of sugar from sales and income...

FBR asks exporters to resubmit stuck-up refund claims by Sept 20

ISLAMABAD: Federal Board of Revenue (FBR) asked exporters to resubmit their refund claims which were stuck up due to any...

Standard & Poor’s keeps Pakistan’s rating outlook stable

ISLAMABAD: New York-based rating agency Standard & Poor’s (S&P) has affirmed Pakistan’s long-term outlook ‘stable’ with long-term ‘B’ rating. The...

Petrol supply through dualized White Oil Pipeline to commence soon

ISLAMABAD (APP) – The Petroleum Division has completed dualization of the White Oil Pipeline, from Karachi to Sheikhupura, for supply...

PM Imran directs to remove corrupt elements in FBR

ISLAMABAD: Prime Minister Imran Khan on Thursday chaired a meeting to review reforms process in the Federal Board of Revenue...

FBR issues draft return forms for tax year 2020

ISLAMABAD: Federal Board of Revenue (FBR) issued draft forms for filing income tax returns tax year 2020. According to the...

FBR seeks whistle-blowers to tackle issue of fake & flying invoices

ISLAMABAD: Federal Board of Revenue (FBR) announced to give reward money to those people who identify culprits involved tax evasion...

Petroleum division directs companies to pay GIDC dues in 24 months

ISLAMABAD: The Ministry of Energy (Petroleum Division) has directed Sui Southern Gas Company (SSGC), Sui Northern Gas Company (SNGPL), Pakistan...

Hafeez Shaikh holds meeting with newly appointed CD of World Bank Najy Benhassine

ISLAMABAD: Advisor to the Prime Minister on Finance & Revenue Dr Abdul Hafeez Shaikh held an introductory meeting with the...

Manufacturers to pay 1pc advance tax on raw material import: FBR

ISLAMABAD: Federal Board of Revenue (FBR) has said that manufacturers, who were covered under rescinded SRO 1125, shall pay one...

FBR advises taxpayers to lodge complaints against officials demanding bribe for clearing refunds

ISLAMABAD: Federal Board of Revenue (FBR) has advised taxpayers to lodge complaints against tax officials, who are demanding bribe for...

FBR to take action against retailers for avoiding mandatory integration

ISLAMABAD: Federal Board of Revenue (FBR) has decided to take action against retailers having huge turnovers for not complying with...

PSO launches High-Octane 97, Euro-V fuels for eco-friendly vehicles

ISLAMABAD: The state-owned Pakistan State Oil (PSO) has become the first oil marketing company (OMC) to upgrade Pakistan’s fuel standard...

NAB recovers Rs28.108b during last two years

ISLAMABAD: National Accountability Bureau (NAB) has directly recovered Rs 28.108 billion from various corrupt elements and deposited into the national...

FBR notifies transfer & postings of 5 PCS officers of BS-19-20

byTariq Derya

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

Incumbent govt reduced expenditures for first time in history: Hafeez Shaikh

ISLAMABAD: Finance Adviser Dr. Abdul Hafeez Shaikh Tuesday told that loans of Rs 5,000 billion – taken by the erstwhile...

FBR clarifies position over issuance of show cause notice to foreign diplomat

ISLAMABAD: Federal Board of Revenue (FBR) has apologized over sending show cause notice to a foreign diplomat by an adjudication...

FBR updates WHT rates on sale & purchase of immovable properties

ISLAMABAD: Federal Board of Revenue (FBR) has updated the withholding tax rates on sale and purchase of immovable properties for...

FBR suspends IRS officer of BS-19 Syed Zubair Shah for three months