FBR investigating gift scheme use for money laundering

The Federal Board of Revenue’s (FBR) Anti-Money Laundering (AML) cell has started probing into money laundering worth Rs102b by a group of...

Dar urges FBR to meet tax collection target for current fiscal year

ISLAMABAD Finance Minister Mohammad Ishaq Dar on Friday urged the Federal Board of Revenue (FBR) to take all necessary measures to meet the...

Senate standing committee on finance grills FBR over pending sales tax refunds

The issue of pending sale tax refunds on part of the Federal Board of Revenue (FBR) has earned them the ire of...

Parliamentary panel opposes powers to FBR in tax matters

ISLAMABAD: While opposing giving more powers to the finance minister and the Federal Board of Revenue (FBR) to make changes in the...

Indirect taxes continue hurting the poorest of the poor

Like the previous budgets, the government, instead of reducing inequalities and burden of taxes on the poor, continued indirect taxes as 60...

Tax exemptions rise 5pc to reach Rs415b: Economic Survey 2016-17

Economic Survey 2016-17 has reported that tax exemptions had seen an increase of 5pc to reach Rs415b during first ten months of...

Govt taking steps to ease tax payment mechanism: BOI

The Board of Investment (BoI) has said government's focus was on tax reforms and further steps to ease payment of tax mechanism...

Increased development budget due to proper tax collection measures: Ahsan

Minister for Planning and Reform Ahsan Iqbal has said that the development budget has been increased as a result of proper tax...

Poultry industry lays bare heavy handedness by FBR before Dar

The Pakistan Poultry Association (PPA) on Monday laid bare the highly unfair treatment meted out to the industry by the tax mandarins...

GIS launched in Sindh to conduct property professional tax survey

On the directives of Sindh Excise and Taxation and Narcotics Control Minister Mukesh Kumar Chawla, the department has launched a Geographical Information...

Trade ministry demands tax relief to halt decline in exports

The newly appointed Secretary Commerce Younas Dagha took up cudgels on Sunday to bare reasons for the consistent decline in exports during...

GB to tax CPEC containers passing through its territory

While things are not clear about the possible taxes, duties (Import tax/ duty, Toll tax, Port clearance charges etc) to be charged...

Dar directs FBR to incorporate tax proposals on urgent basis

The Finance Minister Ishaq Dar on Thursday asked the Federal Board of Revenue to incorporate tax proposals on urgent basis for the...

Budgetary hullabaloo: Tax reduction to boost real estate sector: PREIF

Pakistan Real Estate Investment Forum (PREIF) has submitted its proposals for the upcoming budget 2017-2018 to National Assembly's Standing Committee on Finance...

Govt to reconsider taxation on IT, telecom sectors

The government has decided to review the taxation on IT and telecom sector for the next financial year in an attempt to...