Latest News

ISLAMABAD: Trading Corporation of Pakistan (TDAP), Agro Food Division has been geared up by Chief Executive SM Muneer and Secretary...

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Tariq Bajwa has said that out of 56,000 land transactions in Karachi, 28,000...

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Tariq Bajwa informed the Senate Standing Committee on Finance that the board was...

ISLAMABAD: A total of 3,395 returns were filed and tax amounting to Rs87.7 million was deposited under the Prime Minister...

ISLAMABAD: FBR Member Customs Nisar Muhammad has said that the Pakistan Customs had framed and notified vide SRO 121(1)12014 new...

KARACHI: A large number of potential taxpayers are approaching the income tax department for compliance. The department has also advised...

ISLAMABAD: Federal Tax Ombudsman Abdur Rauf Chaudhry has ordered Federal Board of Revenue to issue due refunds to all the...

ISLAMABAD: Federal Board of Revenue is all set for phasing out all the tax exemptions within three years as the...

LAHORE: Federal Board of Revenue Regional Tax Office has recovered Rs 17,354,394 from account of Sinaco Industries (Pvt) Limited, a...

BISHKEK: Kyrgyzstan’s government has approved a draft version of the road map for Kyrgyzstan to join a Russia-led customs union....

ISLAMABAD: Commerce Minister Khurram Dastgir has arrived at Washington DC to attend a meeting on Trade and Investment Framework Agreement...

LAHORE: The Punjab government will impose a new tax on big houses and luxury items in the next fiscal year,...

ISLAMABAD: The Federal Board of Revenue (FBR) is likely to withdraw sales tax, income tax and customs duty exemptions granted...

ISLAMABAD: The National Assembly Standing Committee on Industries and Production worked out a five-year new tariff regime for auto sector,...

LAHORE: The Appellate Tribunal Inland Revenue Lahore ruled out the tax department’s interpretation of Section 111 of the Income Tax...

SIALKOT: Sialkot Chamber of Commerce and Industry (SCCI) President Dr Sarfraz Bashir expressed great concern on issuance of SRO 351...

KARACHI: Post Release Verification (PRV) Section of Model Customs Collectorate of Appraisement-West has recovered an amount of Rs 20,124,450 in...

KARACHI: Collector of the Customs Collectorate of Adjudication-II, Ahmed Mujtaba Memon has resumed charge as Collector, Customs Collectorate of Adjudication-II...

KARACHI: Input-Output Co-efficient Organization (IOCO) has forwarded recommendations to Federal Board of Revenue regarding change in concessionary regime/exemptions in SROs...

KARACHI: Pakistan Customs authorities are determined to reduce the massive difference between the revenue collection and the revenue target set...