Islamabad

ISLAMABAD: The MCC Quetta foiled an attempt of smuggling of Iranian petrochemicals and sulphonic acid worth Rs20millions coming from Panjgur...

Rs20b could be generated thru 1% increase in import duty: Zahid Khokhar

ISLAMABAD: Member Customs Zahid Khokhar has said that the Federal Board of Revenue would be able to generate Rs20 billion...

FBR empowered to purchase immovable properties in FY18-19

ISLAMABAD: The proposed Finance Bill 2018 has empowered the Federal Board of Revenue (FBR) to purchase any immovable property within...

CD concession on items imported from SAARC & ECO countries results in loss of Rs274m

ISLAMABAD: The concession of the Customs Duty (CD) on goods imported from the SAARC and ECO countries caused a revenue...

Newly-appointed Finance Minister Miftah presents Budget amid Opp’s protest

ISLAMABAD: Newly-appointed Finance Minister Miftah Ismail is presenting a sixth full-term budget in the National Assembly on Friday amid opposition...

FBR Member Dr. Iqbal advises non-filers to take advantage of tax amnesty scheme

byM. Faizan

ISLAMABAD: Federal Board of Revenue (FBR) Member Inland Revenue Policy Dr. Muhammad Iqbal has warned the tax evaders that tax...

Govt reserves Rs1414.600m for new projects proposed by FBR

ISLAMABAD: The government has allocated Rs1414.600million for the new projects proposed by the FBR for FY18-19 while Rs75.00million has been...

Rs5.5 trillion federal budget today

ISLAMABAD: The federal government is set to present budget 2018-19 with a total outlay of Rs5.5 trillion against Rs4.75 trillion...

Rawalpindi Customs impounds consignment with mis-declaration and tax evasion

ISLAMABAD: The Directorate, Customs Intelligence and Investigation (I&I), Rawalpindi, seized a consignment of mis-declaration and tax evasion amounting to Rs14.962million...

Rs540.98b tax exemptions given in FY17-18, China FTA leads with Rs92.4b

ISLAMABAD: The federal government gave tax exemptions worth of Rs540.98 billion during the ongoing financial year 2017-18, which are 30...

Pakistani economy grows at highest rate of 5.8pc in 13 years

ISLAMABAD: A day ahead of laying the federal budget for the upcoming fiscal year in the parliament, the government, claimed...

SC directs Customs, IR officers to end using luxury vehicles

ISLAMABAD: The Supreme Court has directed Federal Board of Revenue (FBR) officers to immediately stop using luxury vehicles. The apex...

Exports remain 13.1 higher in first 9 months the outgoing year

ISLAMABAD: The Economic Survey of Pakistan for the outgoing fiscal year 2017-18 has also noted 13.1% increases in exports in...

Tax to GDP ratio estimated at 11.2%

ISLAMABAD: The government has estimated the tax to GDP ratio on the basis of collection by Federal Board of Revenue...

Customs generates Rs 16.205m through auction of ND goods, vehicles

ISLAMABAD: The auction cell of Customs Collectorate has earned Rs16.205 million through auction of non duty paid vehicles and various...

FBR gets PSDP allocations of Rs2558.950m for 32 development projects for FY 2018-19

ISLAMABAD: The Federal Board of Revenue (FBR) managed to get all times record high allocation at Rs.2558.950 million for 32...

It is hard to inaugurate NIIA on May 3 due to incomplete shifting of infrastructure

ISLAMABAD: Nisar Ahmad Phluarwal, Additional Deputy Collector, AFU, Islamabad said that an uncertainty is prevailing in the operation of the...

Preparatory meeting on final draft of Budget 2018-19 to be held at FBR today

ISLAMABAD: The preparatory meeting on final draft of the budget for the upcoming fiscal year is going to be held...

Pakistan Economic Survey 2017-18 being launched today