Islamabad

ISLAMABAD: Federal Board of Revenue (FBR) announced relief in sales tax return filing of last three months due to outbreak...

FBR collection falls by 13.4 percent in April

ISLAMABAD: The revenue collection has registered 13.4 percent decline in April 2020 over the corresponding month of the last year,...

Pakistan inflation drops to 9.5pc in April

ISLAMABAD: Pakistan’s consumer price inflation rate eased to 9.5% in April from a year earlier, the statistics bureau said on...

Razak Dawood proposes reduction in indirect taxes

ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood proposed reduction in indirect taxes such as the GST rates...

FBR transfers 25 PCS officers of Grade 20-19 including Mumtaz Khoso, Irfan Javed, Nadeem Memon, Adnan Akram

ISLAMABAD: Federal Board of Revenue (FBR) transferred and posted 25 Grade 20-19 officers of Pakistan Customs Service (BS-19-20) with immediate...

FBR transfers 11 Grade 21-20 Customs officers including Zahid Khokhar, Rashid Sheikh, Sarfraz Warriach, Zeba Hai

ISLAMABAD: Federal Board of Revenue (FBR) transferred and posted 11 senior officials of Pakistan Customs Service (BS-20-21) with immediate effect...

Senior FBR official tested positive for COVID-19, Board closed till Monday

byTariq Derya

ISLAMABAD: FBR Secretary Projects Anwar Zeb tested positive for COVID-19 and Board’s headquarters closed down till Monday for disinfection. The...

ECNEC okays projects worth Rs249.91b

ISLAMABAD: Executive Committee of the National Economic Council (ECNEC) has approved four major projects at a cost of nearly Rs...

FBR allows sales tax adjustment to Tier-1 retailers

ISLAMABAD: Federal Board of Revenue (FBR) allowed input adjustment of sales tax to Tier-1 retailers. The FBR issued SRO 344(I)/2020...

Better coordination mandatory to achieve set macro-economic targets: Hafeez Shaikh

ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh has emphasized the need for better...

Govt to form customs border security force to curb smuggling

byQaisar Mansoor

ISLAMABAD: The federal government gave approval to the formation of a customs border security force to curb smuggling and ensure...

Customs Adjudication imposes fine on M/s Malika Traders for exporting face masks: Collector Iram Amir

byTariq Derya

ISLAMABAD: Collector Customs Adjudication Iram Amir has said that the Collectorate has imposed penalty of Rs 1 million against M/s...

An employee serves oil at a petrol station still opened during a strikeon December 11, 2012 in Rome. The strike of petrol stations in Italy started the day before at 7 PM and will last until December 14 at 7 PM. AFP PHOTO / ANDREAS SOLARO / AFP PHOTO / ANDREAS SOLARO

OGRA proposes cut in petroleum products up to Rs44.07 per litre

OGRA proposes cut in petroleum products up to Rs44.07 per litre ISLAMABAD: Oil & Gas Regulatory Authority (OGRA) on Wednesday...

Pakistan current account deficit to shrink by 26pc: IMF

ISLAMABAD: International Monetary Fund (IMF) has said that coronavirus has adversely affected economic activities in Pakistan as current account deficit...

COVID19: State Warehouse Islamabad reluctant to park costly seized smuggled goods in open yards

byTariq Derya

ISLAMABAD: The State Ware house Islamabad is reluctant to park costly seized smuggled goods in open yards because of suspension...

FBR clarifies procedure for sealing of export TP cargo via Pakistan Railways

28/04/2020

ISLAMABAD: Federal Board of Revenue (FBR) has issued procedure of sealing of export cargo under transshipment transported by Pakistan Railways....

NA approves penalties for retailers, manufacturers for obstructing tax monitoring