MNCs continue to flourish amid flawed taxation system

Profits of Philip Morris have doubled since the introduction of highly controversial third-tier tax slab by the former govtISLAMABAD: Multinational companies (MNCs) in the...

Tax department initiates investigation against non-profit organisations

As many as 876 companies are registered with Security and Exchange Commission of Pakistan as NPOsISLAMABAD: The tax department has initiated an investigation against...

IRS officers transferred in a major reshuffling move

ISLAMABAD: The government on Friday made a major reshuffling in the tax department by transferring the Inland Revenue Service officers.According to a notification issued in...

Govt takes away tax policy powers from FBR

A committee has been set up to chart out the legal and technical issues surrounding the decision

Military makes income tax return filing mandatory for promotions

The official stated before the decrease in income tax rates, the army solely was paying nearly Rs398 million a month in income tax on salaries translating into a Rs4.8 billion yearly contribution to the national exchequer

Property tax increased by 10pc across Punjab

RAWALPINDI: The Punjab government has increased the property tax by 10 per cent across the province, it was learnt on Tuesday.According to media reports, the...

‘Govt to waive penalty imposed on late filing of tax returns’

The government on Tuesday decided to waive a Rs20,000 penalty imposed on citizens who recently filed returns for tax years preceding 2017-18.Minister of State...

FBR lambasted for troubling late filers, salaried class

PEW president says masses are frequently cheated by the authorities after they are encouraged to become filersISLAMABAD: The Pakistan Economy Watch (PEW) on Saturday...

Tax facilitation centre established in Abbottabad

The Khyber Pakhtunkhwa Revenue Authority has established a regional tax facilitation centre in Abbottabad to help people of the city and adjoining areas file...

Govt facilitating, not harassing, taxpayers: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has said that the government has facilitated the taxpayers by providing them with a one-time option for...

Pakistan’s new rulers grapple with an old problem: How to get people to pay taxes

One of the world’s lowest tax collection rates partly help explain the shoddy state of Pakistan’s hospitals and schools, and why the illiteracy rate hovers above 40 percent in the mainly Muslim nation of 208 million people

PM warns of disbanding FBR, terms performance unsatisfactory

PM expresses displeasure over the tax regulator's performance, states a new institution could be established for this purpose

Govt decides to segregate revenue collection and tax policymaking powers

A separate committee will be set up soon and notified to devise a tax policy and include tax experts on the board

FBR to brief PM about administrative measures to boost revenue collection

The tax regulator has projected Rs37 billion in tax demand from an audit of high net-worth individuals

FBR fails to launch track and trace system for tobacco industry

The board is allegedly delaying the bidding process of the system which is designed specifically to curb tax evasionISLAMABAD: Despite falling short of...

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