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
FTO directs FBR to clear refund claims of exporters in 72 hours
ISLAMABAD: The Federal Tax Ombudsman (FTO) has ordered the Federal Board of Revenue (FBR) to pay refund claims of exporters...
EU to provide €13m to Pakistan under PFMSP
ISLAMABAD: The European Union agreed to provide €13 million grant to Pakistan improve its fiscal policies and budget preparations, said...
FBR clarifies news about refunds, ST collection
ISLAMABAD: The Federal Board of Revenue (FBR) Thursday clarified that refund claims (filed in Annex-H) were only Rs37 billion, out...
FBR allows filing of ST & FED returns up to Feb 28
ISLAMABAD: Federal Board of Revenue (FBR) has allowed taxpayers to file their monthly sales tax and federal excise returns up...
Pakistan’s continued inclusion in FATF grey list negative for banks: Moody’s
ISLAMABAD: Pakistan’s continued inclusion in Financial Action Task Force (FATF) grey list is credit negative for the country’s banking system,...
Govt reaches agreement with textile exporters: Hammad Azhar
ISLAMABAD: The government has reached an agreement with the textile exporters, announced Federal Minister for Economic Affairs, Hammad Azhar. “We...
IMF to decide $450m disbursement in April
ISLAMABAD: International Monetary Fund (IMF) executive board will decide about disbursement of $450 million in early April 2020 The IMF...
FBR’s website goes offline as taxpayers unable to file annual returns
ISLAMABAD: Federal Board of Revenue (FBR) is remained offline for past several hours on Wednesday. The taxpayers, who failed to...
Govt asks FBR to enhance enforcement for achieving annual targets
ISLAMABAD: The ministry of finance has advised Federal Board of Revenue (FBR) to enhance monitoring and enforcement in order to...
Pakistan pays Rs14.42b to Russia over trade dispute
ISLAMABAD: Pakistan has settled a 40 year old trade dispute with Russia as Islamabad has paid an amount of $93.5...
FBR to monitor real estate & jewellery trades according to FATF conditions
ISLAMABAD: The Federal Board of Revenue (FBR) will implement rules in three areas in the soon as part of compliance...
US companies willing to enhance investment in Pakistan
ISLAMABAD: Secretary Commerce of the United States of America, Wilbur Ross along with the accompanying delegation, called on the Adviser...
Pakistan asks IMF to revise FBR’s tax collection target
ISLAMABAD: Pakistan has shared data of import compression with the International Monetary Fund (IMF) and requested to revise the annual...
FBR issues sales tax refund claims of Rs32b: Seema Shakil
ISLAMABAD: A Senate panel reviewed matters pertaining to the refund of sales tax and payment of rebate to exporters. The...
Privatization of SME Bank Ltd & Pak Reinsurance Co Ltd will be completed soon
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired the meeting of the Cabinet...
Biometric verification to be made mandatory for duty-free import of mobile phones
ISLAMABAD: The government is mulling to allow international passengers duty-free import of mobile phones under Baggage Rules and various proposals...
No service charges allowed for collecting WHT: FBR
ISLAMABAD: Federal Board of Revenue (FBR) has not allowed deduction of service charges by withholding agents for collecting/deducing withholding tax...
FBR withdraws 40pc RD on import of sugar
ISLAMABAD: The government has withdrawn 40 percent regulatory duty on import of sugar and sugar products. According to the details,...
Work on CPEC’s second phase underway in full swing: Gen ® Asim Saleem Bajwa
ISLAMABAD: Chairman China-Pakistan Economic Corridor (CPEC) Authority, Lieutenant General (r) Asim Saleem Bajwa has said on Monday that work on...
Pakistan, UK ink MoU to allow air services to continue post-Brexit
ISLAMABAD: A memorandum of understanding (MoU) was signed between the United Kingdom (UK) and Pakistan on Monday to allow air...
