Islamabad

ISLAMABAD: The Federal Service Tribunal on Wednesday reserved a decision of case filed by an employee of the Federal Board...

IHC postpones hearing of case filed against Regional Tax Office

ISLAMABAD: The Islamabad High Court (IHC) on Thursday adjourned the hearing of a case filed against Regional Tax Office (RTO)....

Govt to include GST under value added tax

ISLAMABAD: The federal government would include general sales tax (GST) in the value added tax, it is learnt here. Sources...

Army Welfare Trust seeks 100pc tax credit

ISLAMABAD: The Army Welfare Trust has demanded the Federal Board of Revenue (FBR) give 100 percent tax credit to it,...

IHC to resume hearing of pleas against FED today

ISLAMABAD: The Islamabad High Court (IHC) to resume hearing on a stay awarded to telecom companies in a case involving...

Authorities ready to file case against Prism Estate Builders for alleged tax evasion

ISLAMABAD: Directorate General Inland Revenue (IR) Intelligence and Investigation (I and I) has found billion of rupees transaction of Prism...

Withholding tax issue to be resolved soon

ISLAMABAD: The issue of withholding tax between government and traders will soon be resolved, it is learnt here. According to sources,...

No price yet fixed for proposed import of LNG from Qatar, NA body told

ISLAMABAD: The National Assembly Standing Committee on Ports and Shipping on Thursday was informed that no price had been fixed...

Pakistani products likely to achieve Rs 10m sale mark, says Khurshid Barlas

ISLAMABAD: A Pakistani delegation expects high sale at the 'Made in Pakistan Pavilion at International Trade Expo (ITEX)' starting from today...

Privatization of Heavy Electrical Complex not in national interest, Senate Finance Committee told

ISLAMABAD: The Senate Finance Committee was stunned over the disclosure about non-inclusion of sales tax refund of Rs 191 million...

Service Tribunal adjourns FBR employees’ promition case

ISLAMABAD: Federal Service Tribunal benches on Wednesday adjourned hearing of cases pertaining to ‘promotion’ and up-gradation’ of FBR employees. The...

SC accepts application from Kohinoor Mills for hearing

ISLAMABAD: Supreme Court of Pakistan (SC) has accepted the application from the Kohinoor Mills and 35 industries for hearing and...

Army Welfare Trust seeks exemption from federal excise duty on chartered flights

ISLAMABAD: The Army Welfare Trust has sent a letter to the Federal Board of Revenue (FBR), asking for 16 percent federal...

US-Pak Business Council hails efforts to spur bilateral trade, investment: Esperanza Jelalian

bySajid Imtiaz

ISLAMABAD: US private sector supports deepening and strengthening US-Pakistan commercial relations. This is a strategic relationship and the US-Pakistan Business...

FBR to defend imposition of Rs 5,000 tax on PIA employees tickets

ISLAMABAD: The Federal Board of Revenue (FBR) will defend imposition of Rs 5,000 tax on air tickets for employees of...

Customs Appellate Tribunal chairman to form new bench

ISLAMABAD: Existing Division Bench of Customs Appellate Tribunal, Islamabad, would become dysfunctional in a couple of weeks as Member Technical,...

Smuggling may increase, as regulatory duty changes

ISLAMABAD: The increase of regulatory duty on imported items will increase more smuggling in the country, experts and traders said....

Federal govt imposes 1pc additional customs duty on import

ISLAMABAD: The federal government has imposed 1.0 percent additional customs duty on import of goods. According to sources, the federal...

Customs intelligence Peshawar seizes smuggled goods