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

ECNEC gives nod to Rs289b motorways, road projects

16/07/2020

ISLAMABAD: Executive Committee of the National Economic Council (ECNEC) has approved four projects worth Rs 289 billion for construction of...

Logical conclusion of white collar crime cases top most priority of NAB: Chairman Javed Iqbal

ISLAMABAD: Justice Javed Iqbal, Chairman National Accountability Bureau (NAB) has said that corruption is the root cause of all evils....

FBR to introduce permanent, simple form for filing tax returns: Chairman Javed Ghani

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Javed Ghani has said the Bureau is making efforts to develop a permanent...

ECC directs food ministry to accelerate efforts for wheat import

ISLAMABAD: In order to ensure the availability of wheat and flour in the country throughout the year at affordable prices,...

FBR to prescribe valuation method for used vehicles

ISLAMABAD: Federal Board of Revenue (FBR) will prescribe method for valuation of used vehicles for the purpose of sales tax....

Five new oil, gas deposits discovered in Pakistan: OGDCL

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) claimed that it has discovered five new oil and gas reserves...

NAB gets EMB approval to begin fresh probe against Nawaz, Shahbaz Sharif

ISLAMABAD: The Executive Board Meeting (EBM) of National Accountability Bureau (NAB) was held on Tuesday under the chairmanship of Justice...

FBR issues procedure for alternate dispute resolution

ISLAMABAD: Federal Board of Revenue (FBR) has laid down procedure for alternate dispute resolution (ADR) in order to provide a...

COVID-19: IMF lowers Pakistan’s growth projection for FY2021

ISLAMABAD: The International Monetary Fund (IMF) has lowered Pakistan’s growth projection by about one percentage point for the current fiscal...

Motorbike, three wheeler sales fall by 23.11pc during FY2019-20

ISLAMABAD: The sale of motorbikes and three wheelers witnessed decrease of 23.11 percent during the fiscal year 2019-20 as compared...

FBR transfers 206 PCS officers/officials with immediate effect

13/07/2020

ISLAMABAD: Federal Board of Revenue issued notification for transfer/posting of following officers/officials with immediate effect and until further orders:- ...

FBR extends warehousing period of in-bonded goods up to July 31

13/07/2020

ISLAMABAD: Federal Board of Revenue (FBR) has extended the warehousing period of already in-bonded goods up to July 31, 2020....

NAB’s performance appreciated by national & int’l organizations with 68.8pc cumulative success ratio

13/07/2020

ISLAMABAD: Justice Javed Iqbal Iqbal, Chairman National Accountability Bureau (NAB) after assumption of his responsibilities as chairman NAB not only...

FBR authorized to recover income tax on sectoral benchmark basis

11/07/2020

ISLAMABAD: Federal Board of Revenue (FBR) have been authorized to recover income tax on sectoral benchmark ratio basis where a...

FBR promotes 29 steno-typists as assistant private secretary

11/07/2020

ISLAMABAD: Federal Board of Revenue (FBR) has notified promotions of 29 steno-typists (BS-14) to the post of Assistant Private Secretary...

Pakistan ensuring completion of FATF action plan as a responsible state: Hafeez Shaikh

11/07/2020

ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has said that Pakistan as a...

Investors in construction sector won’t be asked about source of income: PM

ISLAMABAD: Prime Minister Imran Khan on Friday announced that those who invest in the construction sector will not be asked...

FBR issues draft rules for grant of concessional tax rate on import of raw materials

ISLAMABAD: Federal Board of Revenue (FBR) has issued draft rules for grant of concessional tax rate on import of raw...

Pakistan’s economy to recover during financial year 2021: IMF

ISLAMABAD: International Monetary Fund (IMF) on Friday predicted recovery in Pakistan s economy during financial year 2021. In a report...

Pakistan’s earns US$1176m from IT services’ export