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FBR implements FTO recommendation to introduce online module
ISLAMABAD: The Federal Board of Revenue (FBR) has implemented a key recommendation of the Federal Tax Ombudsman (FTO) to introduce...
FBR targets CFOs in crackdown on forge/fake sales tax returns
ISLAMABAD: The Federal Board of Revenue (FBR) has announced plans to hold Chief Financial Officers (CFOs) accountable for the integrity...
FTO Asif Mehmood Jah detects maladministration by tax officers of RTO Multan
MULTAN: The Federal Tax Ombudsman (FTO) has identified a serious case of maladministration involving tax officers at the Regional Tax...
PHMA raises alarm over Customs Valuation Ruling No.1908/2024
MULTAN: The Pakistan Hardware Manufacturers Association (PHMA), a longstanding representative body for hardware and tools traders for over six decades,...
Torkham Customs foils bid to smuggle arms & ammunition
TORKHAM: Collectorate of Customs thwarted an attempt to smuggle arms and ammunition from Afghanistan into Pakistan via the Torkham border....
SHC suspends verdict of CAT in SCRA filed against Unilever Pakistan
KARACHI: Sindh High Court (SHC) customs appellate bench suspended the verdict of Customs Appellate Tribinal (CAT) while hearing a Special...
FBR extends deadline to file income tax returns till Oct 31
ISLAMABAD: The Federal Board of Revenue (FBR) has extended the date for filing income tax returns for the second time...
FTO summons FBR members for not taking action against persons involved in selling NCP products
ISLAMABAD: The Federal Tax Ombudsman (FTO) has summoned Member Operations-IR and Member Customs Operations Federal Board of Revenue (FBR) on...
Saudi delegation’s visit a significant milestone in bilateral ties: President ICCI
ISLAMABAD: Nasir Mansoor Qureshi, President Islamabad Chamber of Commerce and Industry has commended the recent visit of a high-level Saudi...
Govt to repeal income tax exemptions for non-profits, introduce tax credits
MULTAN: In a pivotal move aimed at overhauling the tax framework, the government has announced the repeal of remaining income...
Pakistan Single Window partners with FTSL to enhance trade price verification for banks
MULTAN: In a strategic collaboration, Pakistan Single Window (PSW) has teamed up with Fintech Transformation Services (Private) Limited (FTSL) to...
Pakistan to pay $30b in external debt in FY25: SBP
KARACHI: Pakistan faces a significant challenge with foreign debt repayments reaching $30.35 billion in FY25. The upcoming year (August 2024...
FBR denies any further extension in returns filing deadline
ISLAMABAD: The Federal Board of Revenue (FBR) denied the possibility of further extension in the returns filing deadline. FBR spokesperson,...
Govt to privatize 24 SOEs during next five years
ISLAMABAD: The federal government after getting the nod from the cabinet finalized a list of 24 state-owned entities which will...
FinMin Aurangzeb highlights Chinese investments in Pakistan
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb highlighted China’s significant investments in Pakistan, particularly in the China-Pakistan...
ADB appoints new country director for Pakistan
ISLAMABAD: The Asian Development Bank (ADB) has appointed Xiaoqin (Emma) Fan as its new Country Director for Pakistan. As Country...
FBR offices to remain open till midnight today
ISLAMABAD: The offices and field formations of the Federal Board of Revenue (FBR) will remain functional till 12 am tonight...
Karachi LTO collects Rs680b in 1QFY25
KARACHI: The Large Taxpayers Office (LTO) collected a staggering Rs 680 billion during the first quarter (July-September) of the fiscal...
ICCI to foster business growth, job creation: Nasir Qureshi
ISLAMABAD: Nasir Mansoor Qureshi, President Islamabad Chamber of Commerce and Industry (ICCI) has reaffirmed the organization’s commitment to supporting the...
Petrol prices likely to increase by Rs2.75 per litre
ISLAMABAD: The price of petroleum products in Pakistan is expected to rise by Rs2.75 per litre, as the Oil and...
