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
Non-ATL to pay 0.6pc WHT on cash withdrawal: FBR
ISLAMABAD: Federal Board of Revenue (FBR) has said that 0.6 percent withholding tax shall be collected on cash withdrawal of...
CNIC condition on sales up to Rs100,000 relaxed to facilitate retailers: FBR
ISLAMABAD: Federal Board of Revenue (FBR) has said that the retailers are not required to maintain information of Computerized National...
FBR updates WHT rates on prizes, winnings
ISLAMABAD: Federal Board of Revenue (FBR) has updated withholding tax rate on prizes and winnings for tax year 2021. The...
PSO starts importing Euro-V petrol
ISLAMABAD: Pakistan State Oil (PSO) has become the first oil marketing company to import Euro-V petrol in Pakistan. According to...
NAB being considered as role model among SAARC countries against corruption: Chairman Javed Iqbal
ISLAMABAD: Justice Javed Iqbal, Chairman National Accountability Bureau (NAB) has said that NAB is the focal organization of Pakistan under...
FBR updates withholding income tax rates for exporters
ISLAMABAD: Federal Board of Revenue (FBR) has updated withholding income tax rates for exporters for tax year 2021. The FBR...
Moody’s upgrades Pakistan’s outlook to ‘stable’ from ‘under review for downgrade’
ISLAMABAD: Credit rating agency Moody's has upgraded Pakistan’s outlook from ‘under review for downgrade’ to ‘stable’, while maintaining a B3...
Various organizations made duty bound to allow real-time access: FBR
ISLAMABAD: Federal Board of Revenue (FBR) has said that after amendments made to sales tax and federal excise laws various...
WAPDA writes letter to CPPA asking to clear Rs221b in dues
ISLAMABAD: Water and Power Development Authority (WAPDA) has written a letter to the Central Power Purchasing Agency-Guaranteed (CPPA-G) asking to...
Tea imports shrink 6.81pc to $532.776m in FY20
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...
