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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

FBR forms assessment oversight committees to settle taxpayers’ cases

10/07/2020

ISLAMABAD: Assessment oversight committees have been formed at all tax offices of Inland Revenue in order to settle the cases...

FBR to adopt new strategy to achieve Rs4963b collection target

09/07/2020

ISLAMABAD: Federal Board of Revenue (FBR) has decided to take new enforcement and administrative measures to achieve revenue collection target...

Eradication of corruption NAB top priority: Chairman Javed Iqbal

09/07/2020

ISLAMABAD: Justice Javed Iqbal, Chairman National Accountability Bureau (NAB) has chaired a meeting to review overall performance of NAB at...

FBR appreciates services rendered by Ms. Nausheen Javaid Amjad

ISLAMABAD: The senior officers of Federal Board of Revenue (FBR) on Tuesday appreciated the services of Ms. Nausheen Javaid Amjad...

FBR extends deadline for stock position filing for sales tax refunds to July 31

ISLAMABAD: The Federal Board of Revenue (FBR) allowed taxpayers to submit details of their stock position for the period from...

Customs North Region surpasses revenue target of FY2019-20 by 12pc

byTariq Derya

ISLAMABAD: Customs North Region achieved anti smuggling as well as auction target which was allocated for the financial year 2019-20....

SBP extends deferment of principal amount facility till Sept 30

ISLAMABAD: In order to facilitate small and medium sized businesses and households amid COVDI-19 pandemic, the State Bank of Pakistan...

Wealth statement cannot be revised after 5 years from date of filing IT return

ISLAMABAD: A wealth statement cannot be revised after the expiry of five years from the date of filing of income...

Javed Ghani assumes charge of FBR chairman

ISLAMABAD: Muhammad Javed Ghani has assumed additional charge of chairman Federal Board of Revenue (FBR) on Tuesday after removal of...

FBR to pay refunds worth Rs100b through supplementary grants

ISLAMABAD: The Federal Bureau of Revenue (FBR) said it will be paying Rs100 billion refunds through supplementary grants in a...

PM Imran Khan forms body to facilitate construction sector, housing projects

ISLAMABAD: Prime Minister Imran Khan on Monday formed a 13-member national coordination committee to facilitate the construction sector and low-cost...

Pakistan’s deficit in services trade narrows 41.6pc to $2.7b

ISLAMABAD: Pakistan’s services’ exports declined by 16.72pc YoY to $389.99 million in May 2020, as against $468.27 in May last...

CPEC: Pakistan, China ink agreement of $1.5b Azad Pattan Hydel Power Project

ISLAMABAD: Pakistan and China signed an agreement for the construction of $1.5 billion Azad Pattan Hydel Power Project, Chairman CPEC...

Finance Act 2020: FBR allows taxpayers to complete profile through online till December 31

ISLAMABAD: Federal Board of Revenue (FBR) has given taxpayers a deadline of December 31, 2020 to complete their profile through...

IR officials can now recover overdue non-tax revenue

ISLAMABAD: The government has empowered revenue officials to recover overdue non-tax revenue during the current 2020/21 fiscal year. An amendment...

IsDB approves $60m supplementary aid for Pakistan’s polio eradication efforts

ISLAMABAD: The Islamic Development Bank (IsDB) has approved a $60 million supplementary fund for Pakistan to support the country’s polio...

Federal govt assigns additional charge of chairman FBR to Member IR Policy Javed Ghani

ISLAMABAD: In a major development, the Federal government on Saturday transferred Ms Nausheen Javed from the post of Federal Board...

FBR extends date for retail outlet integration up to August 31

ISLAMABAD: Federal Board of Revenue (FBR) extended date for retailers to integrate their Point of Sale (POS) up to August...

CPEC assures bright future of Pakistan says PM Imran Khan

ISLAMABAD: Prime Minister Imran Khan said that the China Pakistan Economic Corridor (CPEC) project is the sign of strong friendship...

Finance Act 2020: customs to allow provisional release in anti-dumping duty case