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
FBR set for phasing out tax exemptions in 3 years, Bajwa tells senate
ISLAMABAD: Federal Board of Revenue is all set for phasing out all the tax exemptions within three years as the...
Dastgir arrives in US to hold trade talks
ISLAMABAD: Commerce Minister Khurram Dastgir has arrived at Washington DC to attend a meeting on Trade and Investment Framework Agreement...
Budget to set the pace: FBR gearing up for phasing out SROs
ISLAMABAD: The Federal Board of Revenue (FBR) is likely to withdraw sales tax, income tax and customs duty exemptions granted...
FBR does’t on board: NA body okays tariff structure for auto industry
ISLAMABAD: The National Assembly Standing Committee on Industries and Production worked out a five-year new tariff regime for auto sector,...
FTO turns down FBR’s review petition
ISLAMABAD: The Federal Tax Ombudsman (FTO) while rejecting the FBR’s review petition against its earlier orders, ruled that the compensation...
Sost dry port closed down by protestors
GILGIT: While registering their protest, traders of Gilgit-Baltistan have closed down Sost Dry Port for any kind of exports and...
ST on services: SECP proposes amend to FED Act
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed amend to the Federal Excise Duty Act, 2005 and...
Boosting oil & gas sector: Cut in minimum turnover tax proposed
ISLAMABAD: The Federal Board of Revenue (FBR) is mulling a budget proposal over, seeking reduction in minimum turnover tax in...
IMF cuts Pakistan’s tax target by Rs75b
ISLAMABAD: FBR’s tax target has been revised downward from Rs 2,345 billion to Rs 2,270 billion for outgoing fiscal year...
Govt mulls steps: Dar tells NA $200b of Pakistan in Swiss banks
ISLAMABAD: Finance Minister Ishaq Dar staggered the National Assembly while revealing that at least $200 billion of ‘Pakistani money’ was...
Import of solar equipment: Procedural hiccups hurdle tax exemption
ISLAMABAD: Amendments to the procedure put in place for availing tax exemption on import of renewable energy equipment, around 80...
Protecting taxpayers: Experts wants FED structure for cigarettes unchanged
ISLAMABAD: Experts has suggested to the government not to change the federal excise duty (FED) structure on cigarettes under Federal...
SECP proposes levy on foreign educational institutes, insurance agents
ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has forwarded its proposals to Federal Board of Revenue for the upcoming...
Customs seizes heroin destined for UK
RAWALPINDI: Officials of Pakistan Customs at Benazir Bhutto International Airport have recovered a huge quantity of heroin powder from a...
FBR holds taxpayers facilitation workshop in Peshawar
PESHAWAR: Facilitation and Taxpayer Education Wing of FBR held a workshop on e-portal services and role & responsibilities of withholding...
Broadening tax net: FBR wants reversion to old circle base system
ISLAMABAD: The FBR has been contemplating reverting to the circle system immediately as the board expects that the restoration of...
IBM at Pak-Afghan border: Lack of funds hampering scanners installation
ISLAMABAD: Lack of requisite financial resources and multifarious challenges being confronted by the Federal Board of Revenue have been hampering...
3G, 4G services: PRA asks cellular cos to pay 17pc ST on franchises
ISLAMABAD: The Punjab government has directed the cellular service operators to deposit 17 percent sales tax on franchises being established...
Customs duty concession: FBR weighs up pros, cons of SROs
ISLAMABAD: The Federal Board of Revenue (FBR) has completed review of a number of concessionary SROs for amendment and revision...
Govt to get strict on illegitimate edibles
ISLAMABAD: Federal Commerce Khurram Dastgir has told the National Assembly that the government is drafting a law to restrict import...
