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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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

PM convenes meeting on withdrawal of tax exemptions

byS M Haider

30/05/2014

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

byM. Faizan

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...

Govt woos back int’l financial institutes with performance: Dar