PM Abbasi shares plans to broaden Pakistan’s tax base
NEW YORK:Â Pakistan plans to use its national identity database to build profiles of potential taxpayers in a renewed bid to broaden its...
FBR to submit reply today in PHC over tax reduction on cigarettes
ISLAMABAD:Â Federal Board of Revenue (FBR) is set to submit its reply today in Peshawar High Court (PHC) over an amendment in the...
Power consumers data to be scrutinized for widening tax base
ISLAMABAD: To broaden the tax net, Ministry of Finance requested distribution companies (Discos) to share data of power consumers for determining people...
FBR decries criticism, says tax collection on track
ISLAMABAD: The performance of Federal Board of Revenue, during the first quarter of the current Fiscal Year, has been positive and satisfactory,...
FBR contemplating revision to audit law for managing unresolved tax cases
KARACHI: Federal Board of Revenue is set to suggest changes to an auditing law related to non-filers as it faces capacity restrictions to manage...
Rs 10bn worth benefits given to Chinese firm through tax exemption
ISLAMABAD: Senate’ Standing Committee on Finance, Revenue, Economic Affairs and Narcotics Control informed that around Rs 10 billion worth benefits were given to...
FBR tax collection falls short by 3.56 percent during first seven months of FY 2017-18
ISLAMABAD: Tax collection of Federal Board of Revenue during the first seven months (July-January) of financial year 2017-18 was recorded at over...
FBR starts survey of commercial buildings/plazas to unearth tax evaders
ISLAMABAD: As Federal Board of Revenue continues failing in widening its tax base, the government has initiated surveys of commercial and high-rise...
FBR debars tax recovery through bank account attachment without serving prior notice
KARACHI: Tax recovery via freezing of bank accounts has been prohibited by Federal Board of Revenue without prior serving of notices to...
FBR constitute fifteen committees to solve alternative dispute resolution cases
ISLAMABAD:Â Federal Board of Revenue (FBR) has constituted fifteen committees across the country for alternative dispute resolution cases.
FBR constituted a two-member committee in...
Telenor was highest direct tax payer during FY 2015-16: SDPI
LAHORE: A report published by Strategic Development Policy Institute (SDPI) revealed Telenor Pakistan was among the highest tax contributors in telecon and...
Trade bodies meet Federal Minister Haroon Akhtar to mull budget proposals
ISLAMABAD:Â Office-bearers and representatives of various trade associations met Special Assistant to Prime Minister (PM) on Revenue and Federal Minister Haroon Akhtar Khan,...
Tax holiday for businessmen under CPEC projects to help establish industrial zones: Afzal
ISLAMABAD: Minister of State for Finance Rana Muhammad Afzal on Thursday said that tax holiday given to businessmen and companies under China...
NA panel directs FBR to take revenue enhancing measures
ISLAMABAD: The National Assembly's Standing Committee on Finance and Revenue, on Tuesday, directed the Federal Board of Revenue (FBR) to take further measures to increase...
Government overcomes energy sector issues to boost economy, GDP growth rate: Miftah
ISLAMABAD:Â Advisor to the Prime Minister (PM) on Economic Affairs, Miftah Ismail has said that the present government has taken steps to bring...