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FTO detects Rs9.38b annual electricity tax loss
MULTAN: The Federal Tax Ombudsman (FTO) has identified a staggering annual revenue loss of Rs 9.38 billion to the Federal...
Multan Customs foil bid to smuggle mobile phones from Airport
MULTAN: Collectorate of Customs team deputed at Multan International Airport successfully intercepted an attempt to smuggle high-value mobile phones into...
Taxpayers seek video link facility for high court appeals
MULTAN: Business leaders have urged Chief Justice of Pakistan Mr. Justice Yahya Afridi to establish video link conference facilities at...
Quetta Appraisement allows import of iron scraps from Iran
QUETTA: Collectorate of Customs Appraisement has granted permission for the import of iron scrap through Bazarcha Terminal at the Pakistan-Iran...
Multan Enforcement seizes smuggled goods worth Rs966m in January 2025
MULTAN: In a major crackdown against smuggling, Collectorate of Customs Enforcement seized non-customs paid vehicles, cigarettes, auto parts, food items,...
FBR introduces revised salary tax deduction mechanism
MULTAN: The Chief Commissioner Regional Tax Office Multan Dr. Muhammad Sarmad Qureshi has announced that measures are being taken to...
Rs1,500 prize bond draw held in Multan, first winner claims Rs3m
KARACHI: The National Savings held the Rs1,500 prize bond draw at the National Savings Centre in Multan. The first prize...
HBL, S&P global launch Pakistan’s first manufacturing PMI
KARACHI: Habib Bank Limited (HBL) and global financial analytics firm S&P Global have jointly launched Pakistan’s first-ever Purchasing Managers’ Index...
PTBA raises concerns over FBR’s new e-sales tax system, suggests key reforms
MULTAN: The Pakistan Tax Bar Association (PTBA) has expressed concerns over the Federal Board of Revenue’s (FBR) new electronic sales...
Audit uncovers Rs8.48bn financial discrepancies in KP Cities Improvement Pro
PESHAWAR: A recent audit of the Rs97 billion Khyber Pakhtunkhwa Cities Improvement Project (KPCIP) has revealed financial discrepancies amounting to...
Parliamentary committee reviews human trafficking, smuggling issues in Punjab
MULTAN: The first meeting of the Special Parliamentary Committee on Anti-Human Trafficking and Human Smuggling was convened at the Punjab...
LHC declares ATIR Chairman’s appointment unlawful
MULTAN: The Lahore High Court (LHC) has struck down the appointment of the Chairman of the Appellate Tribunal Inland Revenue...
Hyderabad Customs, Sindh Police & Rangers bust smuggling network
HYDERABAD: In a major crackdown against illicit trade, Pakistan Customs, in collaboration with Sindh Police and Sindh Rangers, dismantled a...
Pakistan’s tax system penalizes honest taxpayers, rewards non-filers: PTBA President
MULTAN: President of the Pakistan Tax Bar Association (PTBA), Anwar Kashif Mumtaz, has strongly criticized the country’s tax system, arguing...
Pakistan’s exports to Afghanistan increase by 92pc to $504m
ISLAMABAD: Pakistan’s export of goods and services to Afghanistan witnessed an increase of 92.05 percent during the first six months...
KPRA generates record tax collection in January 2025
PESHAWAR: Advisor to the Khyber Pakhtunkhwa (KP) Chief Minister on Finance and Inter-Provincial Coordination, Muzzamil Aslam, has announced that the...
HBL distributes over 3.5m shares among 383 employees under deferred compensation plan
MULTAN: Habib Bank Limited (HBL) has credited over 3.5 million shares to its employees as part of its Risk Aligned...
PTC seeks reforms in appeals system
MULTAN: Pakistan Tax Bar Council President Anwar Kashif Mumtaz has emphasized the urgent need for modern reforms in the tax...
Transparent tax system should be adopted to avoid tax evasion: Experts
MULTAN: Tax experts have raised urgent concerns about Pakistan’s complex tax laws, which they argue are driving individuals and businesses...
‘FBR’s new tax reforms spark concerns over public hardship’
MULTAN: The Federal Board of Revenue (FBR) has recently introduced significant changes to Pakistan’s tax regulations causing severe negative impact,...
