Latest News

ISLAMABAD: The Federal Board of Revenue (FBR) has imposed a 1.25 percent turnover tax on the subsidy provided to utility...

ISLAMABAD: Following the Supreme Court of Pakistan dismissed its appeal, M/s Options International deposited Rs6 million penalty under Section 40(8)...

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved continuation of the Prime Minister’s Relief Package for the fiscal...

LAHORE: The Special Investment Facilitation Council (SIFC) has directed the State Bank of Pakistan (SBP) and the Federal Board of...

KHUZDAR: Collectorate of Customs in coordination with local police, Frontier Corps, Levies, Coast Guard and Military Intelligence (MI) has seized...

KARACHI: Collectorate of Customs Enforcement recovered over 30 tons of smuggled auto parts from various ground-floor godowns at Arrows Auto...

GILGIT BALTISTAN: The Collector of the Gilgit-Baltistan Customs has urged the Federal Board of Revenue (FBR) to strengthen enforcement measures...

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest petroleum exploration and production company announced a major gas discovery...

ISLAMABAD: The first meeting of the Task Force on Digitalization of Federal Board Revenue was chaired by Minister of State...

KARACHI: The Karachi Metropolitan Corporation (KMC) has announced the implementation of a new municipal tax that will be applied to...

ISLAMABAD: The Sugar Advisory Board (SAB) has approved the export of up to 40,000 tons of sugar to Tajikistan on...

ISLAMABAD: The Federal Board of Revenue (FBR) has so far registered over 58,000 small traders or new shopkeepers under the...

LAHORE: A suggestion is under consideration to close the markets early in Punjab to control the economic pressure started after...

LAHORE: The Punjab Excise, Taxation and Narcotics Control Department (PETSCD) has approved a new property tax formula that will be...

KARACHI: Pakistan's government has paid an amount of $8.086 billion from July–March 2023-24 on account of debt servicing of external...

LAHORE: Lahore Chamber of Commerce and Industry (LCCI) organized a special event to commemorate Minority Day, aimed at highlighting the...

ISLAMABAD: Minister for Finance & Revenue Senator Muhammad Aurangzeb presided over a meeting of the Cabinet Committee on State-Owned Enterprises...

ISLAMABAD: In follow-up of the Prime Minister’s constitution of the Committee on ‘Tariff Rationalization for export-led growth’, the Ministry of...

MULTAN: The All-Pakistan Inland Revenue Officers (IRO) Association has submitted a formal request to upgrade the IRO post from Grade...

PESHAWAR: The trader community in Peshawar has rejected the government’s move to impose advance income tax collection, terming it as...