Islamabad

FBR reveals 9,000 Pakistanis hold Rs750b in bank deposits but pay no income tax

byCT Report

Aurangzeb lauds BYD’s growing footprint in Pakistan

Pakistan, Canada hold investment treaty talks to boost economic cooperation

Pakistan brokers Iran-US ceasefire as energy prices set for immediate relief

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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 shows 150 PRAL employees the door

09/06/2014

ISLAMABAD: The Federal Board of Revenue (FBR) has terminated from service 150 employees of its subsidiary Pakistan Revenue and Automation...

Zero rating on potatoes, tomatoes & pulses to be continued: FBR

09/06/2014

ISLAMABAD: FBR has clarified that no new taxes have been proposed to be levied on potatoes, tomatoes and medical syringes....

FBR Chairman seeks data of all cases, appeals from regional offices

byM. Faizan

ISLAMABAD: Federal Board of Revenue Chairman Tariq Bajwa has directed all the regional offices to forward data of all kinds...

PAC acts as watchdog to check corruption: Mian Abdul Mannan

byStaff Reporter

ISLAMABAD: The all-powerful Public Accounts Committee of the National Assembly acts as a watchdog to keep an eye on government...

Fresh initiatives to be taken to boost economy: Khurram Dastgir

ISLAMABAD: Pakistan will undertake fresh trade initiatives with its regional and international trading partners to promote trade and boost economic...

FBR cautions its officials for bringing any influence

ISLAMABAD: FBR has caution its officials to refrain from bringing any superfluous influence, including political pressure, in respect of service...

Achieving revenue target in doldrums, FBR collects Rs1967b till June 6

byM. Faizan

ISLAMABAD: Even after revising the revenue target twice, it has become apparently an impossible task for Federal Board of Revenue...

Duty structure for import of 888 items changed

ISLAMABAD: The government has changed the duty structure on import of over 888 items besides imposing 5 percent sales tax...

FED withdrawal from locally produced vehicles raises eyebrows

KARACHI: In a surprise move the government has offered relief to the rich by reducing the 10 percent federal excise...

Govt slaps CGT on debt instruments

KARACHI: The government has imposed Capital Gains Tax (CGT) on debt instruments like Pakistan Investment Bonds, Treasury Bills, Foreign Currency...

FBR clarifies its stance on issuance of SROs

ISLAMABAD: Certain quarters have raised doubts about the authority of the Federal Government regarding the issuance of notifications SROs 420(I)/2014,...

Budget spells steps to check miscalculation of income, generate revenue

05/06/2014

ISLAMABAD: The pragmatic measures envisaged in the budget to curb misclassification of income earned by taxpayers will generate Rs17 billion...

Dar hopes budgetary measures to flourish tax culture

05/06/2014

ISLAMABAD: Finance Minister Ishaq Dar categorically declared that the government was committed to ending the culture of non-filing of income...

FBR discontinues performance allowances of 12 PCS officers

05/06/2014

ISLAMABAD: Federal Board of Revenue has discontinued the performance allowance of twelve officers of Pakistan Customs Service due to their...

Duty concessions: SROs withdrawal expected to generate Rs32b

04/06/2014

ISLAMABAD: The Federal Board of Revenue (FBR) will generate Rs32 billion through the withdrawal of duty concessions under SRO 567(I)/2006,...

Govt eyes Rs314b from fuel taxes in budget