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 collected Rs209b against Rs215b in March
ISLAMABAD: The Federal Board of Revenue has provisionally collected over Rs209 billion during March 2014 against the target of Rs215...
Defiance of binding directives: FTO awakens FBR chief to negative tendency
ISLAMABAD: The Federal Tax Ombudsman (FTO) has written in to the FBR chairman, reminding him of the blatant violation of...
Import of unfit used cooking oil: FBR up to curb menace
ISLAMABAD: The Federal Board of Revenue is likely to approach the Commerce Ministry to impose restrictions on the import of...
Tax exemptions no more: WB to provide $10.2b under CPS 2015-19: Dar
ISLAMABAD: Finance Minister Ishaq Dar has said that the World Bank (WB) will give Pakistan $10.2 billion during the next...
Gwadar way to future prosperity: Sardar Yaqoob
ISLAMABAD: Member Senate Standing Committee on Ports and Shipping Sardar Yaqoob Nasir has said the government was actively pursuing a...
WHT computerisation to plug tax loopholes: Seema Majid
ISLAMABAD: Federal Board of Revenue (FBR) Member and Director General Withholding Tax Seema Majid has said that it is very...
Extra-taxation steps: IMF stresses decrease in fiscal deficit
ISLAMABAD: The International Monetary Fund (IMF) wants the government to take additional taxation measures of Rs195 billion in the next...
Tax exemptions to go soon: Shahid Asad still hopeful about Rs2,475b revenue target
ISLAMABAD: Federal Board of Revenue (FBR) Member Inland Revenue and official spokesperson Shahid Hussain Asad has asserted that the tax...
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...
