Top 50 taxpayers to dine with PM Imran

Arif Habib, Hassan Mansha and Babar Ali named among top individual taxpayers, whereas top taxpaying companies included PSO, MCB and HBLThe Federal Board...

Apple pays France €500 million in back taxes

Apple is one of several American technology giants in the line of fire in Europe over their tax strategiesApple said on Tuesday that...

FBR seeks revision in tax target due to shortage of revenue in FY19

ISLAMABAD: Federal Board of Revenue (FBR) has sought a revision in tax target due to the shortage of revenue in the first seven months of Financial...

Govt decides to exempt PSL franchises from 10pc withholding tax

ISLAMABAD: The government has decided to give tax exemption to the franchises of Pakistan Super League, it was learnt on Friday.According to documents available with...

Tax department misses revenue target by Rs158bn

FBR officials say only four per cent of the country’s population pays taxISLAMABAD: The tax department on Wednesday admitted that it has missed the six-month...

AJK surpasses income tax target, collects Rs7.5bn in six months

MIRPUR: Azad Jammu Kashmir achieved a major breakthrough in the tax-realization history of the state after the State Department of Income Tax and Inland Revenue successfully...

FBR chairman asked to explain reasons behind revenue shortfall

ISLAMABAD: Taking notice of revenue shortfall in the first six months of the current fiscal year 2018-19, Minister of State for Revenue Hammad Azhar has...

MCC Port Qasim collects Rs89bn customs duty in six months

KARACHI: Model Customs Collectorate (MCC) Port Qasim has collected customs duty of Rs89 billion during the first half (July-December) of the current fiscal year against...

ICCI urges govt to avoid burdening existing taxpayers

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has urged the government to ensure that the compliant taxpayers were not burdened with new taxes...

FBR offices to observe extended working hours on Dec 29, 31

All Federal Board of Revenue (FBR) offices would remain open and observe normal working hours on Saturday (December 29) and would observe extended working...

Tax department likely to go through major reform

The Imran Khan led government is also considering introducing technology-based solutions for the identification of tax evasions and enhance transparency

FBR mulls developing mobile app for filing online returns

ISLAMABAD: The Federal Board of Revenue (FBR), as part of its innovative strategy to increase the tax net, is thinking of developing a mobile app...

Special benches constituted to decide tax-related cases

ISLAMABAD: Special tax benches have been constituted in the Supreme Court of Pakistan and the Lahore High Court for hearing of tax-related cases, it was...

FBR sets Monday as deadline to file income tax returns

ISLAMABAD: The Federal Board of Revenue (FBR) has allowed the filing of income tax returns until Monday (Dec 17) owing to the weekend failing on December...

‘FBR unhappy over national tariff policy’

PM's advisor says FBR's wings are being clipped as its policymaking powers will be shared with finance, commerce divisionsISLAMABAD: As the Ministry of Commerce...

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Amazon does not have a Pakistan presence. These Pakistani entrepreneurs are...

The global e-commerce giant has ignored Pakistan, but many enterprising individuals and companies have found ways to use the platform to their advantage by getting around the legal hurdles

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