Lahore
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
LHC recommends waiver of Rs50,000 court fee for small taxpayers to end FBR discrimination
LAHORE: The Lahore High Court’s Rawalpindi Bench has urged the federal government to address a long-standing inequity in tax litigation,...
SECP submits sugar mills shareholders’ data to NA subcommittee
LAHORE: The Securities and Exchange Commission of Pakistan (SECP) has submitted detailed records of sugar mills and their shareholders to...
Punjab collects Rs65 billion in taxes through digital payments
LAHORE: The Punjab government has collected over Rs65 billion in taxes through the digital payments platform e-Pay Punjab during the...
Fatima Fertilizer, SEED Ventures sign MoU to empower youth
LAHORE: Fatima Fertilizer Company Limited (FFL) signed a Memorandum of Understanding (MoU) with SEED Ventures in Islamabad, marking a new...
Online businesses required to submit monthly financial reports: FBR
ISLAMABAD: Federal Board of Revenue (FBR) announced new rules for online businesses and shared draft amendment to Income Tax Rules...
Pakistan retires over PKR 1.1 trillion SBP-held debt
LAHORE: The Ministry of Finance has retired more than PKR 1.1 trillion in debt held with the State Bank of...
New bankruptcy law offers one-year repayment grace under industrial policy
LAHORE: A new Bankruptcy Law has been proposed under Pakistan’s recently formulated Industrial Policy, providing debtors with a one-year grace...
PTC urges clarification on export facilitation scheme amendments
LAHORE: The Pakistan Textile Council (PTC) has urged the Federal Board of Revenue (FBR) to immediately issue a clarification identifying...
Number of complaints against FBR continues to soar: FTO
LAHORE: Federal Tax Ombudsman, Dr. Asif Mahmood Jah has not found any decrease in number of complaints of maladministration committed...
Pakistan seeks special incentives to protect exports from US tariffs
LAHORE: Ministry of Commerce has requested special incentives for export-oriented sectors affected by 19 percent ad-valorem tariffs imposed by the...
Iran expresses solidarity with Pakistan over deadly floods
LAHORE: Interior Minister Eskandar Momeni has expressed deep regret over the loss of life caused by recent floods in Pakistan,...
FBR imposes penalty on IRS officer Abdul Rauf Nasir for unauthorized sales tax refund
LAHORE: The Federal Board of Revenue (FBR) has taken strict disciplinary action against Inland Revenue officer for releasing unauthorized sales...
Gohar Ejaz urges central bank to rationalize key rates
LAHORE: Renowned business man and former caretaker minister Gohar Ejaz has said that Pakistan’s government was getting huge borrowing from...
Rana Tanveer meets Governor of Qom Province
LAHORE: Minister for National Food Security and Research, Rana Tanveer Hussain on Wednesday held a high-level meeting with Akbar Behnamjou,...
Finance Division, not FBR, will present next year’s budget
LAHORE: Pakistan's 'tax policy office' will no longer come under the Federal Board of Revenue (FBR) as Finance Minister Muhammad...
CAT reduces penalty on 20 medical centers for price fixing
LAHORE: The Competition Appellate Tribunal (CAT) has upheld CCP’s order against 20 medical centers and laboratories and their five associations...
Only overseas Pakistanis can import car under gift, transfer of residence schemes
LAHORE: Only overseas Pakistanis in the UAE and other countries are eligible to import cars under the gift or transfer...
FBR to suspend or blacklist sales taxpayers who deny access to business premises
LAHORE: The Federal Board of Revenue (FBR) has announced that it will take strong action against sales taxpayers who refuse...
Govt collects record Rs1.2 trillion from petroleum levy in FY2024-25
ISLAMBAD: The Ministry of Finance has released its fiscal report revealing that the government collected Rs 1,220.21 billion in petroleum...
Tribunal upholds CCP’s order against ‘Floor Mills Association’ in price-fixing case
LAHORE: The Competition Appellate Tribunal (CAT) has upheld the order of the Competition Commission of Pakistan (CCP) against the Pakistan...
