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
PRA achieves record Rs26b sales tax collection in May 2025
LAHORE: The Punjab Revenue Authority (PRA) has set a new benchmark in its revenue collection efforts, announcing a record Rs26...
ECC okays new honorarium policy for civil servants, gives finance minister discretion over payouts
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved a new honorarium policy for civil servants, granting discretionary powers...
No criminal proceedings for tax arrears until final liability determined: Lahore High Court
LAHORE: In a significant ruling, the Lahore High Court (LHC) has held that no criminal proceedings can be initiated against...
FBR official stresses importance of proper document submission
LAHORE: In a recent awareness lecture delivered at the Lahore Tax Bar, Member Inland Revenue Muhammad Mohsin Virk underscored the...
Tariff talks: FinMin Aurangzeb holds telephonic contact with US representative
LAHORE: Formal negotiations have begun between Pakistan and the United States on mutual tariffs. In this regard, Federal Finance Minister...
FBR penalizes four customs officials over negligence in mis-declaration case
LAHORE: The Federal Board of Revenue (FBR) has announced disciplinary action against four officers from the Collectorate of Customs Sambrial,...
Political stability must to achieve economic targets: Khurram Schehzad
LAHORE: Advisor to Finance Minister Khurram Schehzad said that all the time political stability is inevitable to attain economic targets....
ICAP urges Customs framework to shield CPEC from smuggling threats
LAHORE: The Institute of Chartered Accountants of Pakistan (ICAP) has called on the federal government to implement a stringent and...
IMF disagreement delays federal budget presentation to June 10
LAHORE: The disagreements between the Pakistan government and the International Monetary Fund (IMF) over key budgetary figures and subsidy allocations...
FBR’s 11th-hour push to meet Rs12.33 trillion tax target
LAHORE: With just over a month remaining until the close of the fiscal year and the federal budget presentation, the...
PTBA urges FBR to extend deadline until June 30 due to unresolved discrepancies in new annexures
LAHORE: The Pakistan Tax Bar Association (PTBA) has called on the Federal Board of Revenue (FBR) to extend the deadline...
FBR mandates Saturday overtime to boost tax collection drive
LAHORE: In an urgent and decisive move to accelerate tax revenue generation, the Federal Board of Revenue (FBR) has issued...
Committee misses deadline in Punjab Revenue Authority director’s appointment probe
LAHORE: A fact-finding committee constituted to inquire into the ‘unlawful’ appointment of the Punjab Revenue Authority (PRA) director (IT) seems...
Inquiry into Customs mismanagement in Lahore: Delays in Prime Movers release
LAHORE: The Federal Tax Ombudsman (FTO) has ordered an investigation into customs mismanagement on the part of officials in Lahore....
Tajir Dost Scheme ends in failure, confirms IMF
LAHORE: The Federal Board of Revenue’s (FBR) much-hyped Tajir Dost Scheme — an initiative designed to bring retailers and traders...
FBR expands scope of transit fee on goods for Afghanistan via new SRO
LAHORE: The Federal Board of Revenue (FBR) has officially issued SRO 816(I)/2025, significantly expanding the application of a transit fee...
Jannat Abuzar appointed Advisor to FTO
LAHORE: The Federal Tax Ombudsman (FTO) has taken a progressive step toward digital reform by appointing Jannat Abuzar as Advisor...
Govt considers eliminating taxes on infant milk powder
LAHORE: The federal government is actively considering the removal of all taxes on infant milk powder in the upcoming fiscal...
Pakistan to slash import taxes by Rs120b in upcoming budget
LAHORE: The Pakistani government is poised to implement a significant reduction in import taxes, totaling an estimated Rs120 billion in...
CAT upholds CCP’s order on diamond paints for deceptive advertising
LAHORE: The Competition Appellate Tribunal (CAT) has upheld the Competition Commission of Pakistan’s (CCP) decision to penalize Diamond Paints for...
