PSX officials express hope govt to resolve tax problems affecting bourses growth
KARACHI: A meeting held between Pakistan Stock Exchange’s (PSX) officials and Adviser to Prime Minister on Finance Miftah Ismail was held on...
Proposed duty waiver on marble products in Pak-China FTA to hurt domestic industry
ISLAMABAD: As the government has reportedly agreed to allow a duty waiver on marble products from China under the second phase of...
FBR initiates drive of obtaining property owners data from realty dealers to expand tax net
KARACHI: The Federal Board of Revenue (FBR) on Friday initiated the drive of obtaining financial and personal data of property owners from...
FPCCI urges govt to reduce sales tax
KARACHI:Â The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in its proposals for the ensuing federal budget has urged the government...
CJP questions if SC could enforce ban on opening of foreign currency accounts
ISLAMABAD: A hearing held in the apex court on Wednesday saw Chief Justice Pakistan Saqib Nisar asking if it was possible for...
Govt opposes abolishment of secrecy for foreign currency account holders
ISLAMABAD: The suggestions put forth by the apex courting limiting movement of foreign currency within the country and abolishment of secrecy for...
Switzerland failed to honor its pledge of ratifying double taxation treaty
ISLAMABAD: Switzerland has failed to honour its pledge of ratifying a revised Agreement on Avoidance of Double Taxation with Pakistan since July...
FBR attaches NTDCL accounts over non-payment of tax
LAHORE: The Federal Board of Revenue (FBR) on Wednesday, attached National Transmission and Despatch Company Limited’s (NTDCL) entire bank accounts for failing to...
Experts call for incentivising documentation of economy
KARACHI: Tax experts demanded on Monday that the immunity under Foreign Currency Accounts (Protection) Ordinance 2001 should be removed to improve the...
Tax evasion, ghost manufacturers baffle FBR
ISLAMABAD: Nearly 200 ghost companies have been found by the tax authorities claiming to be manufacturers but with fictitious addresses that were...
FBR rejects claims of reduced Income Tax returns
ISLAMABAD: Federal Board of Revenue (FBR) has rejected claims of reduction in the number of Income Tax returns filed for the current...
Active taxpayers list 2017 reveals startling decline
ISLAMABAD: The Federal Board of Revenue released the Active Taxpayers List for tax year 2017 and revealed a steep decline of over...
FBR to re-investigate missing containers case, hold inquiries against corrupt officials
ISLAMABAD: The parliamentary panel on Wednesday recommended Federal Board of Revenue (FBR) to re-investigate the 265 missing containers case.
In a meeting, the...
PTEA urges govt to remove major obstacles in export growth
FAISALABAD: The Pakistan Textile Exporters Association (PTEA) has urged the government to immediately remove obstacles affecting export growth. An extreme cash flow...
FBR contemplating revising local tax laws
ISLAMABAD: The Federal Board of Revenue (FBR) is contemplating changing tax laws via Finance Bill 2018 to revise restrictions in local tax...