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
Senate body warns FBR over provincial tax domain, backs abolition of property FED
ISLAMABAD: The Senate Standing Committee on Finance and Revenue has issued a stern warning to the Federal Board of Revenue...
Aurangzeb reaffirms commitment to structural reforms for competitive economy
ISLAMABAD: Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Tuesday reaffirmed the government’s resolve to ensure structural reforms to...
Pakistan, US agree to expedite finalisation of trade deal
ISLAMABAD: Pakistan and the United States have resolved to carry forward their negotiations through a constructive engagement to finalise the...
Only 12 Pakistanis declare assets over Rs10b amidst wealth underreporting
ISLAMABAD: In a startling disclosure before the National Assembly’s Standing Committee on Finance, Federal Board of Revenue (FBR) Chairman Rashid...
FBR distributes controversial Honda fleet, issues strict usage SOPs
ISLAMABAD: The Federal Board of Revenue (FBR) has officially commenced the distribution of brand-new Honda City vehicles to its tax...
Govt limits FBR’s arrest powers after public, businessmen concerns
ISLAMABAD: The federal government decided to limit the proposed powers of the Federal Board of Revenue (FBR) for arresting company...
PM takes notice of media reports over tax defaulters’ arrests, forms special committee
ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Monday took a notice of media reports regarding the arrest of tax defaulters...
Pharma export council set up to boost overseas sales
ISLAMABAD: Pakistan has this month established a new Pharmaceutical Export Promotion Council (PharmEx Pakistan) in a bid to expand exports...
Fauji Fertilizer Company shows interest in buying PIA
ISLAMABAD: Fauji Fertilizer Company (FFC) has shown its interest in purchasing the loss-making state-owned entity, the Pakistan International Airlines (PIA)....
FBR detects tax evasion by influential figures, defends proposed arrest powers
ISLAMABAD: The Federal Board of Revenue (FBR) has revealed a major tax fraud scandal involving several influential individuals, including a...
PM forms body to tackle economic fallout of Israel-Iran conflict: adviser
ISLAMABAD: Prime Minister Shehbaz Sharif has formed a high-level committee led by the finance minister to monitor any possible economic...
Non-filers may soon withdraw up to Rs75,000 as govt moves to ease limit
ISLAMABAD: The federal government has decided to raise the cash withdrawal threshold for non-filers to Rs75,000 from Rs50,000, aiming to...
IFC to provide $400 million loan for Reko Diq mine
ISLAMABAD: The International Finance Corporation (IFC) will provide a $400 million subordinated loan for Pakistan’s Reko Diq copper-gold mine, according...
Customs duty increased on imported items – LEDs, gas, chemicals, clothing
ISLAMABAD: Federal government has recommended a 2% increase in customs duty on various imported goods, including LED light circuits, according...
Islamabad High Court orders Jazz to pay Rs22b in tax dispute
ISLAMABAD: A landmark judgment by the Islamabad High Court (IHC) headed by Justice Babar Sattar has sided with the Federal...
FBR launches probe into foreign assets of former SBP governor
ISLAMABAD: In a dramatic and high-stakes development, the Federal Board of Revenue (FBR) has initiated a sweeping investigation into the...
FBR to generate Rs7b via sales tax hike on small vehicles
ISLAMABAD: The Federal Board of Revenue (FBR) has projected an additional revenue gain of Rs7 billion following a proposed revision...
FBR grants Inland Revenue officers powers to arrest company executives for tax fraud
ISLAMABAD: The Federal Board of Revenue (FBR) has granted Inland Revenue (IR) officers the explicit authority to arrest directors, chief...
FBR to boost tax revenues through enforcement measures: Rashid Mehmood Langrial
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has said that the enforcement measures would be extended to...
Non-tax revenue projected at Rs5.147 trillion in budget 2025–26
ISLAMABAD: The government expected to collect Rs5.147 trillion under non-tax revenue in the fiscal year 2025–26. According to details, a...
