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
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...
Target time 3-year: FBR works out phasing out Rs500b tax exemptions: Shahid Hussain
ISLAMABAD: The government has worked out phasing out tax exemptions worth Rs500 billion being offered in the head of sales...
FBR, UK’s HM Revenue agree to work together
ISLAMABAD: The Federal Board of Revenue (FBR) and HM Revenue & Customs the UK have agreed to work together to...
AC Musakhel updates FBR of rise in smuggling activities
KARACHI: Assistant Commissioner of Musakhel through a letter has informed FBR Chairman, Member Customs and other high authorities of Pakistan...
Participants of 17th Mid Career Management Course visit FBR
ISLAMABAD: A group of 17th Mid Career Management Course has visited FBR on Tuesday, headed by Acting Director General/Chief Instructor,...
Reduce turnover tax on auto industry: Withdrawal of 1pc tax from engineering goods stressed
ISLAMABAD: The Engineering Development Board (EDB) has underlined the need for reduction in turnover tax for automobile industry from existing...
Budget proposals: EDB for restoration of ST zero-rating on plant, machinery import
ISLAMABAD: The Engineering Development Board (EDB) has proposed restoration of sales tax zero rating on the import of plant, machinery/equipment...
