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 redrafts tax officials’ arrest powers, introduces safeguards for NA approval
ISLAMABAD: The Federal Board of Revenue (FBR) has revised key provisions governing the arrest authority of Inland Revenue officers within...
Govt rules out reversing car import taxes, mandates certification
ISLAMABAD: The government has definitively ruled out reversing existing taxes on car imports, instead opting to introduce mandatory registration and...
ADB announces $350m for Pakistan to boost the role of women in the economy
ISLAMABAD: The Asian Development Bank (ADB) has approved a loan of $350 million to support access to finance for women...
US-Pakistan agrees for increasing bilateral economic, trade ties
ISLAMABAD: The United States of America (USA) and Pakistan have agreed to increase bilateral economic and trade ties and meaningful...
Pakistan collects record Rs298b in tobacco taxes
ISLAMABAD: Pakistan raised a record Rs298 billion (around $1.1 billion) in tobacco taxes in 2024, marking a victory in the...
FBR offices to remain functional on June 29 & 30
ISLAMABAD: The Federal Board of Revenue (FBR) has announced that all its field offices across the country will operate on...
FBR recovers Rs53b through automatic audit closure in Tax Year 2024
ISLAMABAD: The Federal Board of Revenue (FBR) has successfully collected a significant amount of Rs53 billion during the tax year...
Govt approves Rs36bn in new taxes in Finance Bill
ISLAMABAD: National Assembly's Standing Committee on Finance has approved the government's decision to impose an additional Rs36 billion in new...
Minister says country holds ample petroleum reserves amid fears of closure of Strait of Hormuz
ISLAMABAD: Pakistan has ample petroleum reserves and an uninterrupted supply chain, a minister said amid fears that Iran may cut...
PM directs formation of 3 specialized committees to promote cashless economy
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Monday directed the formation of three specialized committees: the Digital Payments Innovation and...
IMF rejects tax rebate for teachers & researchers, FBR informs NA Committee
ISLAMABAD: The International Monetary Fund (IMF) has rejected the Federal Board of Revenue’s (FBR) proposal to allow a 25 percent...
Improvements being made in tax laws: FinMin Aurangzeb
ISLAMABAD: Federal Finance Minister Muhammad Aurangzeb said on Monday that improvements are being made to tax laws and that an...
FBR poised to freeze bank accounts of businesses not registered in sales tax
ISLAMABAD: The Federal Board of Revenue (FBR) is preparing to implement stringent measures in the upcoming fiscal year 2025–26, including...
Pakistanis spent over Rs317b on online apps in FY25, FBR reports
ISLAMABAD: Newly released figures from the Federal Board of Revenue (FBR) presented at the National Assembly Standing Committee reveal that...
Chairman FBR expresses readiness to discuss recent changes made in the tax law
ISLAMABAD: Chairman, Federal Board of Revenue (FBR), Rashid Mahmood Langrial has expressed willingness to discuss the recent changes made in...
IMF allows import of five-year-old vehicles
ISLAMABAD: The International Monetary Fund (IMF) has allowed the Ministry of Commerce to import of five-year-old vehicles. During a meeting...
Govt slashes tax rate to 1pc for individuals earning up to Rs1.2m annually
ISLAMABAD: Finance Minister Muhammad Aurangzeb on Saturday announced a positive development for the salaried class revealing that the tax rate...
FBR earns Rs180b in regulatory duty during FY24
ISLAMABAD: The Federal Board of Revenue (FBR) has reported the collection of Rs180.54 billion in regulatory duty during the fiscal...
Pakistan considers Rs30b additional taxes to meet IMF demands
ISLAMABAD: The federal government is currently weighing options to either impose an additional Rs. 30 billion in taxes or implement...
FBR moves to end banks’ special tax privileges, advocates normal corporate tax regime
ISLAMABAD: The Federal Board of Revenue (FBR) has put forth a significant proposal to abolish the Seventh Schedule of the...
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