‘Tax relief on essential items to facilitate common man’

FBR official says tax exemptions on more than 1,650 raw materials and industrial inputs have been given to support local industriesISLAMABAD: Envisaging the...

Cabinet’s decision to impose health tax set aside in budget

Sources claim that 'an influential lobby in the FBR' had opposed this taxISLAMABAD: The decision of the federal cabinet to impose health tax on...

No one will be allowed to escape tax net, vows PM’s adviser

Hafeez Shaikh says new budget aims to reach out to poor districts, including those in Balochistan and erstwhile FATA Says govt intends to...

Budget 2019-20: Salaried class to pay more taxes under PTI govt

Tax reliefs for salaried class introduced by the PML-N government have been withdrawn by the PTI led government in the latest budget.

Govt imposes Rs516bn taxes in budget 2019-20

Shabbar Zaidi says govt will meet tax target through administrative measuresISLAMABAD: While increasing the customs duty on 2,400 tariff lines, the government has imposed...

Non-Filers not allowed to buy immovable property or cars, FBR clarifies

Federal Board of Revenue (FBR) has strongly refuted the news appearing in some sections of the press which states that the new finance bill...

‘FBR’s capacity will be enhanced to meet revenue targets’

Federal Board of Revenue (FBR) Chairman Shabbar Zaidi said on Tuesday that the board’s capacity would be enhanced to meet tax targets, a private...

Minimum taxable income revised in budget

Hammad Azhar says non-filers are no more restricted from purchasing property and can buy an estate of over Rs5mISLAMABAD: The minimum taxable income was...

FBR chief vows to tighten noose around tax evaders

Federal Board of Revenue (FBR) Chairman Shabbar Zaidi said it had been made abundantly clear in the amnesty law that those who repatriate money...

FBR seeks info of account holders having deposits above Rs0.5m

The Federal Board of Revenue (FBR) has acquired from the State Bank of Pakistan (SBP) information about bank account holders having deposits above Rs0.5...

Amnesty scheme may fail to achieve objectives, says former ICCI president

ISLAMABAD: The recently announced tax amnesty scheme may fail to achieve desired results due to shortcomings in its design, said former ICCI president Shahid Rasheed...

FBR seeks withholding tax details of all account holders

The Federal Board of Revenue (FBR) on Saturday sought details from the banks regarding withholding tax of all the account holders.FBR said that all...

FBR needs around Rs870bn to meet revised revenue target

ISLAMABAD: The Federal Board of Revenue (FBR) has to collect around Rs870 billion in the last month of the current fiscal year to meet the...

National Single Window to facilitate investments, traders: FBR chairman 

'Govt intends to fully implement e-governance system so as to make the import processes easier'ISLAMABAD: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi...

Govt to issue sales tax refund bonds to claimants

In order to facilitate business community and exports, Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr Abdul Hafeez Shaikh on Friday...

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