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New tax proposed for Islamabad under plan to make city autonomous unit

SIFC engages Japanese Sumitomo Corporation for investment in Pakistan

Supreme Court rules in favour of FBR employees demanding HQs allowance

ECC approves Rs6.6bn for bulletproof vehicles ahead of SCO Summit

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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 imposes ban on leaves of tax officials’ till June 30

19/04/2019

ISLAMABAD: Federal Board of Revenue (FBR), Secretary (Mgt-IR-I) has issued circular for imposing immediate ban on its officials for availing...

FBR holds meeting with WB to review reforms on Ease of Doing Business

19/04/2019

ISLAMABAD: Federal Board of Revenue (FBR) held a meeting with World Bank (WB) and reviewed the tax reforms introduced by...

Food exports dip 2.4pc during nine months of FY2019

19/04/2019

ISLAMABAD: The food exports from the country witnessed a negative growth of 2.4 per cent, as it went down to...

Dr Hafeez Sheikh appointed finance adviser in major cabinet reshuffle

ISLAMABAD: The Prime Minister's Office announced a major reshuffle of the federal cabinet today, with key portfolios of the finance, interior...

Supreme Court hears case on NAB’s voluntary return rules

byAsad Kharal

ISLAMABAD: A Supreme Court bench on Thursday heard a case on the voluntary return rules of the National Accountability Bureau...

NAB arrests Iqbal Noori Director of M/s Parthenon Pvt Ltd involved in corruption

byAsad Kharal

RAWALPINDI: National Accountability Bureau (NAB) Rawalpindi arrested accused Muhammad Iqbal Khan Noori, Director of M/s Parthenon Pvt Ltd in case...

Tarin, Dr. Ishrat, Salman Shah, Hafeez Shaikh & Shamshad Akhtar strong candidates for replacing Asad Umar

ISLAMABAD: Asad Umar has announced that he will no longer be part of Prime Minister Imran Khan’s federal cabinet. In...

Asad Umar leaves cabinet after being offered energy instead of finance ministry

ISLAMABAD: Asad Umar on Thursday announced his decision to leave the federal cabinet. “As part of a cabinet reshuffle PM...

NAB law needs revision for businessmen to be free of fear: Asad Umar

ISLAMABAD: Finance Minister Asad Umar said the National Accountability Bureau's (NAB) law needed revision given the fear it has lately...

Islamabad Collectorate surpasses target of customs duty collection: ADC Ashfaq Khan

byTariq Derya

ISLAMABAD: Collectorate of Customs Additional Collector Ashfaq Khan said that MCC has achieved assigned revenue target of customs duty and...

FBR issues new instructions to banks regarding cash withdrawal

ISLAMABAD: Federal Board of Revenue (FBR) issued new instructions to banks regarding providing details of cash withdrawal by filers and...

FBR proposes three to four rates for tax amnesty scheme

byM. Faizan

ISLAMABAD: Federal Board of Revenue (FBR) has proposed three to four different rates for legalization of undisclosed assets, held domestically...

FIA team raids two money changers involved in dollar hoarding

ISLAMABAD: Federal Investigation Agency's (FIA) team on Thursday raided two offices operated by currency exchange companies in Islamabad's F-10 Markaz...

FBR directs to recover sales tax worth Rs992.69m from five ship breaking companies

byM. Faizan

ISLAMABAD: Federal Board of Revenue (FBR) directed the Large Taxpayer Unit II (LTU) Karachi to recover Rs992.69 million from five...

CPEC to enter ‘new era’ after PM Imran’ visit to China: Envoy Yao Jiang

17/04/2019

ISLAMABAD: Chinese Ambassador to Pakistan Yao Jing said that the upcoming visit of Prime Minister Imran Khan to China would...

Tax amnesty scheme approval deferred for further deliberations by cabinet