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
GST on tractors to ease: 5pc ST on wide range of goods likely
ISLAMABAD: The government is likely to impose a 5 percent sales tax on a wide range of goods in the...
Strong indications of 5-10pc reduction in customs duty on imported cars
ISLAMABAD: Federal Government has decided to reduce customs duty on used and new imported cars in the next budget under...
A third of registered corporations file returns, one-fifth pay taxes: SDPI report
ISLAMABAD: A report prepared by Sustainable Development Policy Institute (SDPI), a think tank, has revealed that the total number of...
Nawaz okays 2pc WHT on property purchase
ISLAMABAD: While approving imposition of two percent withholding tax on purchase of property in the upcoming budget, Prime Minister Muhammad...
FBR seeks FED revival on cosmetics, paints
ISLAMABAD: The Federal Board of Revenue, in a budgetary proposal submitted to the Finance Ministry, proposed a 10 percent Federal...
Tax on professionals may go up
ISLAMABAD - The government has decided to impose withholding tax on international air tickets and increase the rate of the...
PM convenes meeting on withdrawal of tax exemptions
ISLAMABAD: Prime Minister Nawaz Sharif will convene an important meeting on Friday (today) for finalizing hundreds of tax exemptions and...
FBR chief asked to take action against 1200 tax evading officials
ISLAMABAD: Finance Minister Senator Ishaq Dar took serious notice of a news item published in a section of press stating...
President underlines dry ports role to boost exports
ISLAMABAD: President Mamnoon Hussain has emphasized the need for providing state-of-the-art and best possible facilities to exporters at Dry Ports...
Penalties likely to go up for ‘false’ return filers, ST non-registered
ISLAMABAD: The government in the Finance Bill (2014-15) is expected to enhance penalty on sales tax registered persons involved in...
Raise in taxes on real estate, stock market sectors imminent
ISLAMABAD: Federal Government has decided to increase taxes on real estate business and stock market transactions in the next budget....
ST exemption threshold may be reduced for Cottage industry
ISLAMABAD: The Federal Board of Revenue (FBR) has submitted a budgetary proposal to the Finance Ministry regarding reduction in sales...
16pc FED on chartered flights proposed
ISLAMABAD: The Federal Board of Revenue (FBR) has proposed a standard rate of 16 percent Federal Excise Duty (FED) on...
Uniform tax on tobacco talked to curb its use
ISLAMABAD: Experts including economists, foreign experts and tax officials have proposed a high uniform specific cigarette excise tax in the...
New tax structure for beverages to replace Capacity tax
ISLAMABAD: The government is planning abolition of capacity tax and introduction of revised Federal Excise Duty (FED) and sales tax...
Budget may bring hike in ST for Steel, ship-breaking sector
ISLAMABAD: The Federal Board of Revenue (FBR) has proposed increase in sales tax rates for steel melters, re-rolling mills and...
91,000 notices issued: FBR optimistic about achieving target for 2013-14
ISLAMABAD: The Federal Board of Revenue (FBR) has issued over 91,000 notices to unregistered persons and potential taxpayers during 2013-14...
Dastgir hints at 24/7 functioning of Sust check post
ISLAMABAD: Commerce Minister Khurram Dastgir has expressed government’s aspiration for 24/7 trade at Pak-China border. While talking to a delegation...
Nato/ISAF cargos: FBR delegates special powers to additional collector
ISLAMABAD: Federal Board of Revenue (FBR) has allowed additional collector of the port of exit to extend stipulated period for...
FBR eyes Rs235b from SROs’ withdrawal, hike in tax
ISLAMABAD: The withdrawal of tax exemptions through Statutory Regulatory Orders (SROs), increase in tax rates and other revenue measures are...
