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
Debt securities system launched: Dar eyes $1.7b from WB, $500m from Eurobond next month
ISLAMABAD: Finance Minister Senator Ishaq Dar has said that Pakistan is expecting to receive $1.7 billion from World Bank for...
MoU on ST cross-adjustment: KPK service providers yet to get facility
ISLAMABAD: The Federal Board of Revenue has notified that the retrospective cross-adjustment of Sales Tax on goods and services levied...
Refund claims delay contrary to law: FTO rules case of misrule come within its purview
ISLAMABAD: The Federal Tax Ombudsman (FTO) has declared that appeal to Commissioner (Appeals) is not the only option left for...
ST evasion under zero-rating: FBR gears up for recovery
ISLAMABAD: Awaking to the massive misuse of zero-rated regime, the Federal Board of Revenue has geared up for recovery from...
FBR up to probe Iranian diesel smuggling, Gadani incident
ISLAMABAD: The Federal Board of Revenue has constituted a committee comprising customs intelligence and other officials to carry out an...
Price stability promised: Dar says economy starts picking up
ISLAMABAD: Finance Minister Ishaq Dar has said that all macroeconomic indicators are reflecting positive direction, showing that the economy has...
Retailer sector registration: Ex-FBR adviser’s findings offer solution
ISLAMABAD: The findings of former adviser to Federal Board of Revenue chairman can prove to be guidepost for the task...
3rd tranche of EFF: IMF okays $555.6m for Pakistan
ISLAMABAD: The Executive Board of the International Monetary Fund (IMF) approved third tranche of $555.6 million for Pakistan under the...
17pc ST on CNG sector: Govt promulgates ordinance
ISLAMABAD: In compliance with the Supreme Court verdict, the government has promulgated Sales Tax Amendment Ordinance to charge 17 percent...
Smuggled Iranian oil causing huge revenue loss
ISLAMABAD: Diesel and petrol smuggled all the way from Iran is causing substantial loss to the national exchequer in the...
Lutfullah Virk assumes charge as Director General I&I-Customs
ISLAMABAD: Lutfullah Virk has assumed the charge as Director General of the Directorate General of Intelligence and Investigation. Federal Board...
Budget proposals: PBC wants FBR to get tougher on unregistered sectors
ISLAMABAD: The Pakistan Business Council (PBC), its pre-budget proposals, has proposed cancellation of Computerised National Identity Cards (CNICs) and passports...
Sequel to MoU: FBR likely to notify ST cross-adjustment today
ISLAMABAD: Following the signing of an MoU, the Federal Board of Revenue is likely to issue a notification on Monday...
Stable Afghanistan vital to economic prosperity: Dar
ISLAMABAD: Federal Finance Ministry Ishaq Dar reiterated Pakistan’s resolve to a strong, stable and peaceful Afghanistan, saying that peace and...
SC verdict: APCNGA seeks e-filing of ST at 17pc
ISLAMABAD: The All-Pakistan CNG Association (APCNGA) appealed to the federal government to provide necessary directives to the FBR to abide...
19pc tax on foam products: FBR clarifies section 3(1A) of ST Act, SRO
ISLAMABAD: The Federal Board of Revenue will charge 19 percent sales tax (17 percent sales tax plus 2 percent extra-tax)...
FBR embarks on drafting budget for 2015
ISLAMABAD: The Federal Board of Revenue has started the process for drafting budget for the next fiscal year (2014-15). In...
Revenue grows by 16pc: FBR collects Rs1.45tr from July to March 21
ISLAMABAD: The Federal Board of Revenue provisionally collected Rs1,453.531 billion from July 1 to March 21 (2013-14) against Rs1,249.938 billion...
Govt to invoke tougher laws for taxation: Shahid Asad
KARACHI: Federal Board of Revenue Official Spokesman Shahid Hussain Asad has said that Prime Minister’s Tax Incentive Scheme has failed...
Aminullah named as DG IST, KPR
PESHAWAR: Former Federal Board of Revenue (FBR) Sardar Aminullah Khan has been appointed as IST Director General of newly-established Khyber...
