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 notifies tax exemption for 61 items used in Covid-19 vaccines
ISLAMABAD: The Federal Board of Revenue (FBR) has issued a notification for tax exemption on imports of 61 items used...
Current account surplus for fourth month in row at $382m
ISLAMABAD: The country’s current account balance remained in surplus for the fourth month in a row at $382 million in...
FBR halts manual processing of income tax refunds
ISLAMABAD: Federal Board of Revenue (FBR) has stopped manual processing of income tax refunds and directed tax offices that tax...
NAB chief directs prosecution, operation divisions for pursuing high-profile cases
ISLAMABAD: Justice Javed Iqbal, Chairman National Accountability Bureau (NAB) chaired a meeting to review performance of Prosecution Division of NAB...
PMDU introduces ‘FBR category’ in citizens’ portal to address taxpayers complaints
ISLAMABAD: The Prime Minister Delivery Unit (PMDU) has introduced a new category, ‘FBR policy matters’ in the Pakistan Citizens Portal...
No extension in date for filing income tax returns
ISLAMABAD: Federal Board of Revenue (FBR) reiterated that it will not further extend the date for filing income tax return...
Salaried individuals to keep tax certificate for six years: FBR
ISLAMABAD: Salaried individuals are required to keep tax / salary certificate for minimum six years for assessment and audit purpose....
ADB issues first Pakistan Rupee-linked bonds
ISLAMABAD: The Asian Development Bank (ADB) has raised 1.83 billion Pakistan rupees ($11.4 million) in a first issue of local...
Exports are increasing, integrated policy improves economy: Hafeez Shaikh
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh addressed “THE FUTURE SUMMIT” today through...
Chief Collector Surriya Butt to head advance ruling committee
ISLAMABAD: Federal Board of Revenue (FBR) has constituted a committee for issuing advance ruling on requests submitted by businesses. Ms....
NTN must for all commercial transactions: FBR
ISLAMABAD: The Federal Board of Revenue (FBR) has issued Income Tax Rules, 2002 (updated up to September 08, 2020). According to...
Cabinet approves waiving tax, duty on Covid preventive products’ import
ISLAMABAD: The federal cabinet approved on Tuesday waiving duty and tax on the import of Covid-19 preventive products,. The cabinet...
Govt promoting ease of doing business with reforms in investment regime: Hafeez Shaikh
ISLAMABAD: Advisor to Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh said Tuesday that the government was promoting...
Pakistan achieves trade surplus of $210m with Italy in 2019-20
ISLAMABAD: Pakistan has achieved a trade surplus of $210 million with Italy during the year 2019-20 as the bilateral trade...
Islamabad Customs to hold auction of 27 vehicles on Nov 17 at Margalla Dry Port
ISLAMABAD: Collectorate of Customs has announced auction of vehicles to be held on November 17, 2020 at Maralla Dry Port...
FBR updates special procedure for capital gain tax computation
ISLAMABAD: Federal Board of Revenue (FBR) has updated special procedure for computation of capital gain tax and collection of tax....
FBR issues reduced tax rate criteria for Shari’ah compliant listed companies
ISLAMABAD: Federal Board of Revenue (FBR) has issued reduced tax rate criteria for Shari’ah compliant companies, whose shares are traded...
ECC forms committee to decide timeline for mango, kinnow export
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet at Cabinet Division Monday constituted a committee to decide a timeline...
CCoP approves divestment of 96.6pc shares of Heavy Mechanical Complex
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired the meeting of the Cabinet...
Govt slashes petrol prices, a litre now costs Rs100.69
ISLAMABAD: Federal government on Sunday lowered fuel prices in the country, bringing down the price of petrol by Rs1.71 per...
