Govt mulling over issuance of SRO for relieving non-taxpayers
KARACHI: Federal Government is mulling over to issue a Statutory Regulatory Order (SRO) by the end of fiscal year 2013-14 ...
Tag: Finance Ministry
FBR tightening noose around tax evaders: Bajwa tells senate committee
ISLAMABAD: Federal Board of Revenue Chairman Tariq Bajwa has said that FBR is tightening the noose around tax evaders including ...
Amends to laws introduced to improve tax compliance
ISLAMABAD: The government has introduced procedural amendments to tax laws through the Finance Bill 2014 to improve tax compliance. As ...
Rs104b short fall: Dar hopeful of achieving revenue target
ISLAMABAD: Federal Finance Minister Ishaq Dar Informed the Senate Standing Committee on Finance that revenue collection in the country during ...
APMSIDA demands reduction in duty on import of motorcycles’ spare parts
KARACHI: All Pakistan Motorcycle Spare Parts Importers and Dealers Association (APMSPIDA) has demanded of the Prime Minister Nawaz Sharif and ...
FTO seeks action against non-filer officials
ISLAMABAD: The Federal Tax Ombudsman (FTO) has asked the Federal Board of Revenue (FBR) to take action against its officers ...
Duty structure for import of 888 items changed
ISLAMABAD: The government has changed the duty structure on import of over 888 items besides imposing 5 percent sales tax ...
Govt slaps CGT on debt instruments
KARACHI: The government has imposed Capital Gains Tax (CGT) on debt instruments like Pakistan Investment Bonds, Treasury Bills, Foreign Currency ...
Charging 17pc ST: Import consignments likely to pile up at ports
KARACHI: The charging of 17 percent sales tax on clearance of imported leather and textile goods likely to result in ...
OICCI terms budget pro-business
KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) showered the government with praise for announcing a business-friendly budget. ...
Budget spells steps to check miscalculation of income, generate revenue
ISLAMABAD: The pragmatic measures envisaged in the budget to curb misclassification of income earned by taxpayers will generate Rs17 billion ...
Dar hopes budgetary measures to flourish tax culture
ISLAMABAD: Finance Minister Ishaq Dar categorically declared that the government was committed to ending the culture of non-filing of income ...
Duty concessions: SROs withdrawal expected to generate Rs32b
ISLAMABAD: The Federal Board of Revenue (FBR) will generate Rs32 billion through the withdrawal of duty concessions under SRO 567(I)/2006, ...
Govt eyes Rs314b from fuel taxes in budget
ISLAMABAD: The government, in the new budget for fiscal year 2014-15, has projected Rs314 billion revenue from different fuel taxes ...
Budget envisages Rs246.255b new measures
ISLAMABAD: The government has taken new taxation and administrative measures with the aim to fetch revenue to the tune of ...
FBR directs post-clearance audit of vehicles cleared under amnesty
ISLAMABAD: The Federal Board of Revenue (FBR) has directed Customs department to conduct post-clearance audit of over 50,000 vehicles cleared ...
Dar unveils e-scrutiny system to curb corruption today
ISLAMABAD: As part of the measures to curb corruption in the tax machinery, Finance Minister Ishaq Dar is going to ...
Ishaq Dar set to announce Rs3.9 trillion Budget 2014-15 today
ISLAMABAD: Finance Minister Ishaq Dar will announce government’s second budget for the fiscal year 2014-2015 with total expenditures of around ...
