Latest News

ISLAMABAD: Federal Board of Revenue has introduced new risk-based registration system called 'RegSys' for issuance of Sales Tax Registration Numbers....

Dar directs speedy implementations of decisions taken in Pak-Afghan JEC

ISLAMABAD: Finance Minister Ishaq Dar chaired a meeting composed of all relevant federal government organizations’ representatives to review latest implementation...

PM Amnesty Scheme: FBR announces privilege cards to 100 top taxpayers

ISLAMABAD: Under Prime Minister’s Amnesty Scheme, Federal Board of Revenue (FBR) has announced to issue privilege cards to 100 top...

Zeba Hai equates Customs with dynamism, efficiency

LAHORE: One of the efficient and brightest woman officers of Pakistan Customs, Zeba Hai Azhar, reaffirmed her commitment to achieving...

TDAP, duties, tariffs to be restructured soon: Dastgir

KARACHI: Wide-ranging adjustments and changes will be introduced in duty and tariff structures in the next budget and Trade Development...

Food group imports down by 8.95pc

LAHORE: Food group exports from the country during first seven months of current fiscal year registered increase of 6.3 per...

Textile exports up 7.6 pc in first 7 months of FY 2013-14

LAHORE: Exports of textile products from the country witnessed positive growth of 7.59 per cent during the first seven months of...

Adjustment of ST paid on services: FBR complies with courts orders

ISLAMABAD: In light of the high courts orders, the Federal Board of Revenue has granted interim relief to 106 big...

Current account gap widens to $2bn

ISLAMABAD: Despite hectic efforts by the government, the current account deficit rose to $2 billion in the first seven months...

Recovery of ISL: FBR serves notices on taxpayers

ISLAMABAD: The Federal Board of Revenue has served notices on employees/taxpayers who have filed their wealth statements along with income...

Business community rejects proposed ST hike

KARACHI: Business community from leather and textile industry has shown discontent over the possible increase in the rate of sales...

Revenue decline: LTU posts officers at sugar mills in Sindh

KARACHI: Following serious decline in revenue collection from sugar mills, the Large Taxpayers Unit (LTU) Karachi has posted its officers...

LSE-25 index down-20.8 points

LAHORE: Lahore Stock Exchange-25 index closed at 4,891.5 showing a decrease of 20.8 points. In all 101 companies transacted, of...

Commissioner IR says PM’s amnesty only aimed to broaden tax ambit

LAHORE: Commissioner Inland Revenue Ejaz Asad Rasool has said that the amnesty scheme introduced by the Prime Minister is an effort...

Japan’s trade deficit soars despite export hike

TOKYO: Japan’s trade deficit has swelled in January to record limit, as data has showed. The ¥ 2.79 trillion ($...

Export-oriented industries to get continued gas supply

LAHORE: Federal Government has decided to restore the supply of gas to export-oriented industries from February 21 which will be...

Economic Corridor: Pak, China to build int’l airport at Gwadar Port

ISLAMABAD: All-weather allies Pakistan and China on Wednesday signed agreements for realising the dream of economic corridor. An agreement for...

Initiation of mega projects soon for boosting economy: Dar

bySohail Rab

KARACHI: In a meeting held between Federal Minister for Finance Ishaq Dar and Sindh Governor Ishrat-ul-Ebad Khan, Dar has reiterated...

Dual taxation treaty: AfPak JEC to take up issue on 23rd