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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

Tea imports shrink 6.81pc to $532.776m in FY20

08/08/2020

ISLAMABAD: The tea imports into the country witnessed decline of 6.81 percent during the fiscal year 2019-20 as against the...

CNIC made mandatory for recipient of services

ISLAMABAD: Federal Board of Revenue (FBR) has said that buyer’s CNIC (Computerized National Identity Card) detail is now mandatory on...

FBR proposes rules seeking information about account holders depositing over Rs10m

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed that it should be allowed to seek information from banks about...

Services trade deficit shrinks 43pc in FY20

ISLAMABAD: The country’s services trade deficit witnessed sharp decline of 42.96 percent during the financial year 2019-20 as compared to...

NAB strongly rejects reports on social media regarding two senior army officers

ISLAMABAD: National Accountability Bureau (NAB) has strongly rejected malicious campaign of financial irregularities being launched on social media regarding two...

Rubber tyres, tubes imports reduced by 22.56pc in FY2019-20

ISLAMABAD: The Rubber Tyres and Tubes imports during FY 2019-20 reduced by 22.56 per cent as compared the corresponding period...

FBR rebuts news about FBR reforms’ meeting

ISLAMABAD: The Federal Board of Revenue (FBR) Thursday strongly rebutted a news story, appearing in a section of press, about...

Indemnity bond must for international transshipment facility: FBR

ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday issued draft rules to make indemnity bond mandatory for shipping lines intending...

FBR updates WHT rate on payment for goods, services

ISLAMABAD: Federal Board of Revenue (FBR) has updated withholding tax rates on payments for goods and services during tax year...

FBR plans to abolish more WHT during next FY: Chief Income Tax Policy Reema Murad

ISLAMABAD: The Federal Board of Revenue (FBR) will abolish 30-40 more withholding taxes (WHTs) in a phase-wise manner, FBR disclosed...

Recent hike in petroleum prices to add about Rs 4b to FBR’s revenue in August

ISLAMABAD: The Federal Board of Revenue (FBR) has estimated additional revenue of Rs 3-4 billion in August 2020 as a...

FBR announces release of simplified salary return video tutorial

ISLAMABAD: Continuing the awareness and technical training campaign of educating the general public on filing taxes and other online services...

FBR upgrades posts of 11 PCS officers to BS-19

ISLAMABAD: The posts of following BS-18 officers of Pakistan Customs Service who were promoted to BS-19 vide FBR's Notification No....

FBR updates WHT rates on payment to non-residents

ISLAMABAD: Federal Board of Revenue (FBR) updated withholding tax rates on payment made to non-residents for tax year 2021 under...

ECNEC okays Pakistan Single Window project & establishment of dry port near Havelian

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

Excellent performance: Missing Persons Commission settles 4616 cases up to July 30

ISLAMABAD: Missing Persons Commission has disposed of 4616 cases upto July 30, 2020 as per monthly progress report released by...

FBR exempts builders, developers from withholding income tax

ISLAMABAD: The Federal Board of Revenue (FBR) has announced that builders and developers opting for the Fixed Tax Scheme (FTS)...

FBR shares CNICs of 0.1m unregistered persons to NADRA to expand tax base

ISLAMABAD: The Federal Board of Revenue (FBR) provided a list of 100,000 Computerised National Identity Card (CNIC) numbers of unregistered...

Promotion to next grade: FBR seeks performance evaluation reports of BS-19-20 officers

ISLAMABAD: Federal Board of Revenue (FBR) has directed officers of BS-19 and BS-20 to complete their performance evaluation reports (PERs)...

Rates of WHT on profit on debt updated for tax year 2021