Short-termism impedes progress of world’s poorest people: UN report
NEW YORK: The prospects of around 800 million of the world’s poorest people remain dire. The global economy is experiencing a moderate upturn,...
NAB summons 19 Customs Intelligence officials in Hino trucks auction case
ISLAMABAD: The National Accountability Bureau (NAB) Balochistan has summoned nineteen officials of Customs Directorate of Investigation and Intelligence Quetta in the case...
Tough times for ‘unregistered persons’ by FBR in new audit policy
ISLAMABAD:Â The Federal Board of Revenue (FBR) has decided to give tough time to an unregistered person in the new audit policy 2017.
The...
Shehbaz terms taxes as a national obligation
LAHORE: Punjab Chief Minister Muhammad Shehbaz Sharif said on Monday that payment of taxes was a national obligation whereas government was responsible...
Top hierarchy of FBR patronising ‘corrupt’ officials from Customs Intelligence Â
ISLAMABAD:Â The issue of good governance is again surfacing in the Federal Board of Revenue (FBR) as the high ups are protecting the...
Over Rs295 mn released for Revenue Division projects
ISLAMABAD: The federal government has so far released Rs295.239 million for various ongoing and new projects for the Revenue Division under the...
Health Ministry asks policy review of reducing cigarette prices to save livesÂ
ISLAMABAD: Contrary to the claim of the local tobacco industry about the market share of non-duty paid/illicit cigarette brands, a study has...
Federal Committee on agriculture to set targets for crops on Tuesday
ISLAMABAD: The Federal Committee on Agriculture (FCA) will meet here on April 10 (Tuesday) to review the Rabi crops production and fix the targets...
Data of tax evaders to be provided to FBR within thirty days: Miftah
ISLAMABAD: Advisor to Prime Minister on Finance, Revenue, and Economic Affairs, Miftah Ismail has said the data of tax evaders would be...
ICAP urges govt to bring all sectors of economy to tax-net
ISLAMABAD:Â The Institute of Chartered Accountants of Pakistan (ICAP) recommends that the government bring all sectors of the economy to the tax-net, irrespective...
PM Abbasi chairs EAC meeting, seeks measures to boost economy
ISLAMABAD: The newly constituted Economic Advisory Council (EAC) met here on Thursday. Prime Minister Shahid Khaqan Abbasi chaired the meeting.
In his opening remarks, the...
PM announces tax amnesty scheme to whiten black money
ISLAMABAD: As expected, the government finally announced a tax amnesty scheme to whiten black money, in a bid to meet the financial...
Separate economy from politics for sustainable development: Rana Afzal
ISLAMABAD: Minister of State for Finance Rana Muhammad Afzal Khan Wednesday stressed the need for separating politics from the economy, and continuity...
Tax rates for banks should be reduced in 2018-19: PBA
KARACHI: Pakistan Banks’ Association (PBA) has demanded from the government to delete Section III (4) of the Income Tax Ordinance 2001 and the...
FBR’s third tax slab and enforcement drive hurts illicit tobacco
PESHAWAR:Â The policy from the Federal Board of Revenue (FBR) to introduce a third tax slab for cigarettes and step up its enforcement...