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
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...
FBR reports 545pc surge in property transaction tax collection over five years
ISLAMABAD: The Federal Board of Revenue (FBR) has announced a staggering 545% increase in income tax collection from transactions involving...
FBR reveals 200pc surge in salary tax collection over five years
ISLAMABAD: In a significant revelation, the Federal Board of Revenue (FBR) has announced a remarkable 200% surge in salary tax...
Pakistan raises over $4.2b in bond auction, launches first 15-year zero coupon issue
ISLAMABAD: Pakistan raised more than Rs1.2 trillion ($4.2 billion) in a government bond auction, including the launch of its first-ever...
Cabinet approves Power Sector debt plan to restore financial stability
ISLAMABAD: The federal cabinet gave the green light to Pakistan’s largest financial restructuring scheme aimed at eliminating the crippling circular...
FBR publicly names sugar mills in major tax evasion crackdown
ISLAMABAD: In a significant move highlighting the Federal Board of Revenue’s (FBR) intensified efforts against tax evasion, Chairman Rashid Langrial...
Finance Ministry signs $1b syndicated finance facility
ISLAMABAD: Ministry of Finance has signed a syndicated term finance facility of 1,000 million dollars partially guaranteed by a Policy...
Senate Committee rejects tax on Islamabad Club
ISLAMABAD: The Federal Board of Revenue (FBR) has put forth a series of new tax measures in the Finance Bill...
FBR cuts transit cargo examination to 5pc, scanning to 10pc
ISLAMABAD: The Federal Board of Revenue (FBR) has proposed significant reductions in the scanning and physical examination of transit trade...
