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
Govt woos back int’l financial institutes with performance: Dar
ISLAMABAD: Finance Minister Ishaq Dar said that due to better economic performance, the international financial institutions including World Bank and...
FBR nominates customs officers for senior management course
ISLAMABAD: Federal Board of Revenue has announced nominations for 16th senior management course for BPS-19 officers of Pakistan Customs Service...
FED on foreign air travel may go up in budget
ISLAMABAD: The Federal Board of Revenue is planning replacing fixed rates of the Federal Excise Duty (FED) with the standard...
Amend likely to allow ST adjustment on certain goods
ISLAMABAD: The Federal Board of Revenue (FBR) is expected to remove a major sales tax anomaly through the Finance Bill...
Another deadline: FBR directs officials to file IT returns by June 16
ISLAMABAD: The Federal Board of Revenue (FBR) has imposed penalty on a large number of tax officials, who failed to...
Problems myriad, resolve rock solid: Kamran Michael
ISLAMABAD: Federal Minister for Ports and Shipping Senator Kamran Michael stated that the efforts undertaken for the revival of the...
FBR begins manual audit of selected cases
ISLAMABAD: The Federal Board of Revenue has started selecting cases for manual audit under Section 177 of the Income Tax...
Govt sets to implement AIT law vigorously
ISLAMABAD: The government is planning vigorously implementing the Agriculture Income Tax (AIT) Law from the new fiscal year (2014-15), making...
Slash in capital gains tax on the cards
ISLAMABAD: The federal government is most likely to reduce burden on income from shares trading by over 28 percent and...
FBR may make mandatory specifying one ‘identifier’ for businessmen
ISLAMABAD: The Federal Board of Revenue (FBR) has proposed mandatory requirement for business community in budget (2014-15) to specify at...
FBR wants 6pc non-adjustable FED on sugar in budget
ISLAMABAD: The Federal Board of Revenue (FBR) has proposed rationalization of 8 percent adjustable Federal Excise Duty with 6 percent...
Bajwa briefs Dar on phase-wise SRO withdrawal
ISLAMABAD: Federal Board of Revenue Chairman has delivered a detailed presentation to Finance Minister Ishaq Dar on the plan for...
Certified, quarterly ST returns filing for commercial entities in the offing
ISLAMABAD: Finance Ministry on proposals of Federal Board of Revenue may introduce fresh regulations in the upcoming budget to reduce...
Govt succumbs to int’l pressure, NGOs to have tax exemption
ISLAMABAD: Succumbing to the international pressure, the govt has turned down the decision to bring NGOs in the tax net....
SROs dealing Rs500b blow to exchequer annually
ISLAMABAD: The national exchequer has been suffering financial losses to the tune of Rs500 billion annually on account of exemptions...
Uniform ST for 5 sectors: Abolition of tax exemption for edu institute proposed
ISLAMABAD - The government is contemplating eliminating tax exemption to the foreign private educational institutes in the upcoming budget 2014-15....
Budget may feature hike in ‘further tax’
ISLAMABAD: The upcoming budget for 2014-15 likely to feature increase in ‘further tax’ from existing one percent to 2 percent...
Extra ST on power, gas bills likely to go up
ISLAMABAD: The government is considering double ‘extra sales tax’ from 5 to 10 percent on all unregistered electricity and gas...
Govt to take foreign reserves to $15b till September: Dar
ISLAMABAD: Finance Minister Ishaq Dar said that the government would take the foreign exchange reserves to $15 billion before the...
Uniform procedure: Merger of duty-free import schemes likely
ISLAMABAD: The government may merge all temporary importation schemes including Duty and Tax Remission Scheme (DTRE), Manufacturing Bonds Scheme and...
