Islamabad

PM Shehbaz Sharif approves 6-point plan to clear backlog of tax cases

byCT Report

Pakistan set to get fourth IMF tranche under EFF programme: sources

Govt considers cutting taxes on raw materials for locally made vehicles

Pakistan assures IMF to replace 200-unit power subsidy with targeted system

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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

ATIR received 29625 pending tax appeals; FBR reports 5758

ISLAMABAD: There is a huge difference in the number of pending appeals pertaining to tax cases when FBR’s data is...

Weak audit and un-documented economy fails USAS in Pakistan: FBR

ISLAMABAD: Senior Member Federal Board of Revenue and Inland Revenue Policy Shahid Hussain Asad said that the Universal Self Assessment...

Annual increment of Commissioner-IR withheld for two years over inefficiency, misconduct

ISLAMABAD: The annual increment of Rajabuddin, Commissioner-IR (BS-20), Regional Tax Office, Bahawalpur, has been withheld for a period of two...

Energy crisis, war on terror main reasons for slow growth rate of exports

ISLAMABAD: The Commerce Ministry has said energy crisis and the ongoing war on terror are major reasons behind slow growth...

ICCI flays govt for not controlling petrol crisis

ISLAMABAD: The Islamabad Chamber of Commerce and Industry has lambasted the poor performance of government in managing...

Senate body seeks briefing on release of $68 million to Export-Import Bank of China

ISLAMABAD: The Senate Standing Committee on Finance and Revenue has sought detailed briefing from the Finance Ministry about a release...

Ishaq Dar to brief Senate on release of $68 million by China Export-Import Bank

ISLAMABAD: The Senate’s Standing Committee on Finance and Revenue has sought detailed briefing from the Finance Ministry on the release...

TDAP working on new policies to boost exports: Director

ISLAMABAD: Trade Development Authority of Pakistan Director M Khalid Rasool visited Islamabad Chamber of Commerce and Industry to take business...

Senate Finance body thoroughly checks amendments to Anti-Money Laundering Act 2010

18/01/2015

ISLAMABAD: The Senate Standing Committee on Finance and Revenue here on Thursday completed clause by clause reading of the proposed...

PM take notice of fuel shortage, four officials suspended

ISLAMABAD: Prime Minister Pakistan Nawaz Sharif has taken strict notice of fuel shortage in various parts of the country, upon...

FBI provides outdated explosive detection kits to Pakistan Customs

ISLAMABAD: Model Customs Collectorate Islamabad has informed the Federal Board of Revenue (FBR) through a letter that the kits provided...

BOI highlights six business indicators in taxation action plan to FBR

ISLAMABAD: Board of Investment along with Federal and Provincial stakeholders has developed a comprehensive plan for improving business climate in...

National Assembly panel clears parliamentarians after 9-month long tax returns’ probe

ISLAMABAD: A special committee of the National Assembly cleared almost all the members of the Lower House of the Parliament...

4,641 out of 7,444 registered companies not paying tax: FBR, SECP

ISLAMABAD: As many as 4,641 out of 7,444 registered companies are not filing income tax returns, revealed by Federal Board...

FBR urges taxpayers to accept tax cards

ISLAMABAD: FBR Spokesperson and Member Inland Revenue Policy Shahid Hussain Asad has asked the taxpayers and filers to accept the...

Nawaz-led govt faces Herculean task of overcoming petrol shortage

Petroleum Minister Shahid Khaqan Abbasi says shortage is due to unprecedented increase in petroleum usage in January as compared...

Finance Ministry releases Rs 1.706 billion to provinces for federal-funded projects

ISLAMABAD: The Finance Ministry has released Rs 1.706 billion to provinces out of total allocation of Rs 9.43 billion made...

MNA Pervaiz Malik decides to remove differences between FBR, CBA union

ISLAMABAD: Member National Assembly Pervaiz Malik has decided to play role to remove differences between the Federal Board of Revenue...

FBR collects Rs 87 billion in first 15 days of 2015

16/01/2015

ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs 87 billion in the first 15 days of 2015 whereas...

Bajwa briefs interior minister on National Action Plan