Islamabad

12/11/2019

ISLAMABAD: Federal Board of Revenue (FBR) considering to engage private auditors to scrutinise books of sugar millers to catch tax...

FBR to speed up crackdown against banned outfits

12/11/2019

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to intensify its efforts against over 2,600 individuals/assets of banned organisations....

NAB files another reference against Omni Group

12/11/2019

ISLAMABAD: National Accountability Bureau (NAB) on Tuesday has filed another reference of fake bank accounts case against Omni Group owners....

APP25-15
ISLAMABAD: September 15 - Adviser to PM on Finance, Revenue and Economic Affairs Dr. Abdul Hafeez Shiekh and Chairman Federal Board of Revenue (FBR) Syed Shabbar Zaidi addressing a press conference. APP photo by Irshad Sheikh

Govt announces Rs 200b package for exports’ promotion: Hafeez Shaikh

ISLAMABAD: The government has decided to announce a package of Rs 200 billion for exporters to promote exports besides increasing...

PM seeks comprehensive plan from FBR to expand tax net

ISLAMABAD: The PTI-government has decided to evolve a comprehensive strategy for nationwide tax assessment and documentation drive to bring affluent...

FBR decides to register small, big businesses of KP

ISLAMABAD: The Federal board of Revenue (FBR) on Monday decided to register all businesses of Khyber Pakhtunkhwa (KPK) to bring...

Pharmaceutical goods’ export increases by 12pc to $55.481m

ISLAMABAD: The exports of pharmaceutical product during the first quarter of financial year (2019-20) grew by 12.35 percent as compared...

Japan to expand & strengthen trade ties with Pakistan

ISLAMABAD: Japan and Pakistan have a huge potential to expand their bilateral trade and economic ties, Ambassador of Japan to...

FBR withdraws 3pc valuation addition tax on import of consumer items

ISLAMABAD: Federal Board of Revenue (FBR) has withdrawn three percent minimum value addition tax on import of consumer items on...

FBR asks jewelers, real estate dealers to maintain register, report suspicious transactions

ISLAMABAD: Federal Board of Revenue (FBR) has proposed to make mandatory for jewelers and real estate agents to report suspicious...

Plastic exports dip over 1pc to $77.23m in 1Q of FY2019-20

ISLAMABAD: The exports of plastic materials from the country during the first quarter of financial year (2019-20) witnessed decline of...

IMF approves $450m loan tranche for Pakistan

WASHINGTON: The IMF praised Pakistan’s economic performance and agreed on next steps, paving the way for release of another portion...

Money sent & property purchased abroad not illegal act: FBR chairman

ISLAMABAD: The Federal Bureau of Revenue (FBR) has fetched a meager tax of over Rs5 billion from 325 biggest cases...

FTO directs FBR to conduct audit of cigarette manufacturers

ISLAMABAD: Federal Tax Ombudsman (FTO) has found that tax department is not realising full potential of federal excise duty and...

Pakistan-China FTA to be activated from next month: Razak Dawood

ISLAMABAD: Adviser to Prime Minister for Commerce, Abdul Razak Dawood, announced on Friday that China has given approval to early...

ECC gives nod to privatization of NPPMCL

ISLAMABAD: Economic Coordination Committee (ECC) of the Cabinet has given go-ahead to the Privatisation Commission to fast-track the privatisation of...

Finance ministry rejects newspaper editorial on ‘flawed narrative’