Reduce turnover tax on auto industry: Withdrawal of 1pc tax from engineering goods stressed
ISLAMABAD: The Engineering Development Board (EDB) has underlined the need for reduction in turnover tax for automobile industry from existing ...
Tag: Islamabad Region
The customs Islamabad will have all Lahore and its associated regions newsThe customs Islamabad will have all Lahore and its associated regions news
Budget proposals: EDB for restoration of ST zero-rating on plant, machinery import
ISLAMABAD: The Engineering Development Board (EDB) has proposed restoration of sales tax zero rating on the import of plant, machinery/equipment ...
Vehicles for Afghan forces: Airlifting operation begins
ISLAMABAD: The first flight of commercial multi-modal operation from Jinnah International Airport (JIAP) Karachi carrying 15 military vehicles onboard took ...
Rs20m recovered: Drive for recovery of tax dues geared up
ISLAMABAD: The Commissioner Inland Revenue (IR), Zone-III, Regional Tax Office (RTO) Peshawar has geared up campaign for the recovery of ...
FBR offices to remain open on Saturdays
ISLAMABAD: The Federal Board of Revenue (FBR) has decided that henceforth FBR Headquarters and all its field offices/formations will remain ...
ST related SROs: FBR, EDB work out revision
ISLAMABAD: The Federal Board of Revenue and the Engineering Development Board (EDB) have jointly worked out revision of major sales ...
Budget FY14-15: Fixed tax on bagasse-fired sugar mills proposed
ISLAMABAD: The Engineering Development Board (EDB) has proposed a fixed tax on sugar mills having equipped with bagasse-based/self-generation power plants ...
Levy of cargo tax: PEW urges KPK govt to rethink decision
PESHAWAR: Revival and promotion of industry in Khyber Pakhtunkhwa is linked with conducive environment therefore the Khyber Pakhtunkhwa government should ...
Growth to remain over 4pc: Dar sees $15b foreign reserves by September
ISLAMABAD: Finance Minister Ishaq Dar expressed the hope that national economy would grow by over 4 per cent during the ...
Auto parts retail sale, commercial imports: EDB proposes levy of ST
ISLAMABAD: The Engineering Development Board (EDB) has proposed imposition of Sales Tax at the standard rate of 17 percent on ...
Incentives for loss-making entities: LTU proposes removal of sub-section 1
ISLAMABAD: The Large Taxpayers Unit (LTU) Karachi in its budget proposal 2014-15 suggested the Federal Board of Revenue (FBR) to ...
Rs 47.110b ST fraud: Directorates infighting over jurisdiction mars probe
ISLAMABAD: Jurisdiction infighting between the Directorate General Intelligence and Investigation (DGI&I)-FBR and Directorate of Intelligence & Investigation (DI&I) Inland Revenue ...
SROs elimination looming: Duty cut likely to boost automobiles import
ISLAMABAD: The government is planning a considerable cut in customs duty on import of up to three-year-old automobiles of all ...
CAA seeks Rs7.99b refund paid as income tax
ISLAMABAD: The Federal Board of Revenue (FBR) has received a request from the Cabinet Secretariat (Aviation Division), seeking refund of ...
Only Rs468m recovered: Poor ST, FED dues recovery draws FBR ire
ISLAMABAD: The slow pace of recovery of sales tax and federal excise duty arrears by about 21 Large Taxpayer Units ...
FBR sees adverse implications: Food Ministry proposal for duty-free potatoes import opposed
ISLAMABAD: The proposal for the duty-free import of 200,000 metric tonnes of potatoes to stabilise its prices in the local ...
Finance Ministry, FBR adamant: Food Ministry wants 10pc GST on tractor
ISLAMABAD: The Finance Ministry and Federal Board of Revenue (FBR) have reportedly refused to help out local tractor industry. However, ...
Study to weigh up pros of slash in ST rate underway
ISLAMABAD: A comprehensive study is being conducted to weigh up benefits of lowering rate of sales tax and expected increase ...
Bajwa briefs lawmakers: FBR proposes e-volume tracing
ISLAMABAD: If the proposal accepted in the budget for 2014-15, the Federal Board of Revenue (FBR) will introduce “electronic volume ...
