Budget 2014-15: Govt set to up ST on 5 sectors, phase out SROs
LAHORE: The government is likely to increase sales tax on 5 sectors and capital gain tax on shares while phasing ...
Tag: FBR
FBR wants, exporters oppose hike in ST for zero-rated sectors
ISLAMABAD: The five leading export-oriented sectors particularly textile sector is strongly against the likely hike in sales tax rates on ...
FBR names 3-member committee to plan installation of nuclear radiation monitors
ISLAMABAD: A three member committee of Pakistan Customs has been formed to finalise and implement the plan to install nuclear ...
FBR collects Rs212b against targeted Rs219b in May
ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs212 billion in May 2014 against Rs176 billion in the ...
Duty may slash on raw material for abrasive cloth sheet, papers
ISLAMABAD: The government is likely to massively slash duty on abrasive cloth sheet, belts/roll, sand paper, fiber disc and buffing ...
Dar to present second budget tomorrow
ISLAMABAD: Finance Minister Ishaq Dar will unveil the second budget of his the PML-N-led government in the National Assembly on ...
Hard target: Rs1.25b to be recovered in one month in Gujranwala region
SIALKOT: Federal Board of Revenue has recovered as many as Rs 8.9 billion as taxes out of its total recovery ...
GST on tractors to ease: 5pc ST on wide range of goods likely
ISLAMABAD: The government is likely to impose a 5 percent sales tax on a wide range of goods in the ...
Customs Employees Association presents 12 demands before high-ups
KARACHI: Karachi Customs Employees Association has come up with a Charter of Demands, consisting of 12-points for the lower staffers ...
SED levy on imports and local manufacturing in the offing
LAHORE: Federal Board of Revenue has proposed imposition of special excise duty (SED) on the import and local manufacturing of ...
Strong indications of 5-10pc reduction in customs duty on imported cars
ISLAMABAD: Federal Government has decided to reduce customs duty on used and new imported cars in the next budget under ...
A third of registered corporations file returns, one-fifth pay taxes: SDPI report
ISLAMABAD: A report prepared by Sustainable Development Policy Institute (SDPI), a think tank, has revealed that the total number of ...
Afridi says Textile policy after June 30
LAHORE: Federal Minister for Textile Industry Abbas Khan Afridi said that next five-year textile policy for 2014-19 will be announced ...
Nawaz okays 2pc WHT on property purchase
ISLAMABAD: While approving imposition of two percent withholding tax on purchase of property in the upcoming budget, Prime Minister Muhammad ...
Budget proposals: Bodies for tax cuts to reduce trade deficit
SIALKOT: The proposed reduction in the tax ratio and expansion of tax net would reduce trade deficit and provide maximum ...
Customs faces acute shortage of technical staff in field formations
KARACHI: Pakistan Customs Service is adversely facing the shortage of technical staff in almost all of its field formation offices. ...
FBR seeks FED revival on cosmetics, paints
ISLAMABAD: The Federal Board of Revenue, in a budgetary proposal submitted to the Finance Ministry, proposed a 10 percent Federal ...
Collector Qurban Ali assures exporters of refunds soon
SIALKOT: Model Customs Collectorate Sialkot’s Collector Qurban Ali Khan has assured that all the prolonged perturbing problems of Sialkot’s business community ...
Tax on professionals may go up
ISLAMABAD - The government has decided to impose withholding tax on international air tickets and increase the rate of the ...
Khwaja Umar Mehdi assumes charge as Collector MCC Faisalabad
ISLAMABAD: Khwaja Umar Mehdi has assumed charge as Collector of Model Customs Collectorate of Faisalabad. Federal Board of Revenue has ...
