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
FBR to outsource audits of high-net-worth individuals and firms to detect tax evasion
LAHORE: The Federal Board of Revenue (FBR) has announced plans to outsource the audits of high-net-worth individuals and companies to...
FBR suspends DC RTO Quetta Muhammad Ali for 4 months
LAHORE: The Federal Board of Revenue (FBR) has suspended Muhammad Ali (IRS/BS-18), Deputy Commissioner-IR, Regional Tax Office, Quetta with immediate...
Lahore’s five-star hotels fined for not installing invoice monitoring system
LAHORE: Punjab Revenue Authority (PRA) has started imposing heavy fines on five-star hotels of Lahore for not installing invoice monitoring...
FBR considering category-based tax for traders
LAHORE: The Federal Board of Revenue (FBR) is considering a new proposal from traders to collect advance tax based on...
Lahore I&I & Enforcement anti-smuggling operations achieve record success in early FY 2024-25
LAHORE: Regional Directorate of Customs Intelligence & Investigation has demonstrated exceptional performance in the first two months of the fiscal...
FBR announces updated WHT rates for rental income on immovable property
LAHORE: The Federal Board of Revenue (FBR) has announced updated withholding tax rates on income from rent of immovable property...
Power looms in Faisalabad facing crisis due to exorbitant electricity bills
LAHORE: Pakistan’s textile hub is in crisis as Faisalabad’s power looms industry is bearing the brunt of exorbitant electricity bills....
Pakistan airports to go paperless with ERP system
LAHORE: The Pakistan Airports Authority (PAA) has decided to transition all operations to an Enterprise Resource Planning (ERP) system, abolishing...
S.M Tanveer demands relief for traders in upcoming monetary policy
LAHORE: The FPCCI Patron-in-chief S.M. Tanveer has demanded relief for the traders in government’s monetary policy. Addressing a press conference...
FBR set to raise property valuation rates by up to 100pc in major cities
LAHORE: The Federal Board of Revenue (FBR) is preparing to raise the property valuation rates from 20% to 100% in...
FBR announces Tax Card for salaried class
LAHORE: In a move to provide tax relief to salaried class, the Federal Board of Revenue (FBR) has issued a...
Govt fails to get $7b loan approval deadline from IMF
LAHORE: Virtual discussions between officials from the Finance Ministry and the International Monetary Fund (IMF) mission took place on Tuesday...
Mini-budget on the cards as revenue shortfall bites
LAHORE: With Pakistan facing a critical shortfall in tax collection and a significant external financing gap, the government is exploring...
FBR accepts major demand from traders during tax talks
LAHORE: The Federal Board of Revenue (FBR) has agreed to reassess the valuation table used to determine the monthly advance...
FTO action yields Rs17.3b in refunds
LAHORE: Advisor to Federal Tax Ombudsman Dr Waqar Arain has said the intervention of FTO has been particularly impactful in...
Punjab launches operation to check fuel quality at petrol pumps
LAHORE: The Punjab provincial government has launched a grand operation targeting petrol pumps in a significant move to ensure the...
Punjab Revenue Authority to expand operations to 12 more districts
LAHORE: In line with the directives of the Chief Minister of Punjab, the Punjab Revenue Authority (PRA) has officially notified...
Shutter-down strike across Pakistan halts business over rising taxes, electricity
LAHORE: A nationwide shutter-down strike has been launched by the business community across Pakistan in protest against rising sales and...
FBR uncovers Rs69.5b money laundering in solar panel imports
LAHORE: A shocking case of money laundering has been uncovered by the Federal Board of Revenue (FBR) under the guise...
FBR directs SOEs to resolve their tax disputes through ADRCs
LAHORE: The Federal Board of Revenue (FBR) has directed State Owned Enterprises (SOEs) to resolve their tax-related disputes with the...
