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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 directs to recover Rs16974.79m from M/s International Complex Project

19/02/2019

ISLAMABAD: Federal Board of Revenue (FBR) directed Corporate Regional Tax Office (CRTO) Karachi to impose penalty of Rs16974.79 million on...

FBR raids Green School, Medina Cash & Carry, Top Builder on tax evasion

19/02/2019

ISLAMABAD: Federal Board of Revenue (FBR) has raided Green School, Medina Cash & Carry and Top City Builder involved in...

FTO shows concerns over complaints filed against tax authorities

19/02/2019

ISLAMABAD: Federal Tax Ombudsman (FTO) has raised the concerns regarding the harassment of the litigator by tax authorities after they...

Crown Prince visit: Pakistan, Saudi Arabia sign $20 billion agreements

ISLAMABAD: Prime Minister Imran Khan and Saudi Crown Prince Mohammad Bin Salman went to have their one to one meeting...

Withholding tax collection drops 9pc during 1H

ISLAMABAD: The share of withholding taxes has dropped to slightly over two-thirds of total income tax collection in first half...

New chapter begins in Pakistan, Saudi Arabia bilateral ties: Razak Dawood

ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood on Monday said a new chapter has begun in bilateral...

PRAL to compile data in USD instead of PKR

ISLAMABAD: Senate’s Standing Committee on Statistics has directed to the FBR entity Pakistan Revenue Automation Pvt Limited (PRAL) to compile...

DGTR conducts workshop on “Preparing of Budget and other Financial Statements”

ISLAMABAD: Federal Board of Revenue (FBR) wing of Directorate General of Training and Research Customs has conducted a workshop...

NAB interrogates Kamran Michael, authorises inquiries against senior politicians

byAsad Kharal

16/02/2019

ISLAMABAD: The National Accountability Board (NAB) authorised 13 inquiries against various personalities, including former MNA Ghulam Rabbani Khar and his...

FBR to issue Fifth Tax Directory on February 22

16/02/2019

ISLAMABAD: Federal Board of Revenue (FBR) is all set to issue the Fifth Tax Directory of all taxpayers including tax...

Prize bonds business posts positive growth after stern action of FBR

16/02/2019

ISLAMABAD: After the stern action taken by the Federal Board of Revenue (FBR) against the tax evaders, the investment in...

Advance tax not collected on arbitrary grounds: FBR

ISLAMABAD: Federal Board of Revenue (FBR) clarified on Friday that advance tax is not collected on arbitrary grounds. Federal Board...

FBR directs to recover Rs181.36m from M/s Samad Enterprises & M/s Jawed Sons

ISLAMABAD: Federal Board of Revenue (FBR) has directed the Regional Tax Office Karachi II to recover Rs181.36 million from two...

Customs Court seeks details of Ayyan Ali’s assets in currency smuggling case

RAWALPINDI: A customs court on Friday sought details of model Ayyan Ali’s assets during a hearing of the currency smuggling...

Ministry of Maritime Affairs takes notice for illegal maintenance work of bungalow located in Lalazar

ISLAMABAD: Ministry of Maritime Affairs has taken serious notice of irregular and unjustified execution of repair and maintenance work on...

FBR & Ministry of Commerce to revise Certificate of Origin

ISLAMABAD: Federal Board of Revenue (FBR) and Ministry of Commerce (MoC) are jointly considering to revise the contents of Certificate...

Govt to stop sending tax defaulter cases to FIA

14/02/2019

ISLAMABAD: The government decided against sending tax defaulter cases to the Federal Investigation Agency (FIA) in a bid to stop...

Ministry of Finance approves amendments in SRO 1265 (I)/2018