Pakistan needs to enhance tax compliance instead of hiking tax rates: WB
Pakistan does not need to impose new taxes or hike tax rates because the existing taxes have potential to achieve taxation targets,...
No action against traders till Sept 30: FBR
Federal Board of Revenue (FBR) Chairman Shabbar Zaidi on Thursday held meetings with different groups of traders to discuss taxation-related issues.
"It has...
Super tax declared legal by LHC, reduced to 4% on certain sectors
Over 350 petitioners challenged the super tax's implementation in 2022
FBR sensitises tax managers, businessmen on recent tax reforms
ISLAMABAD:Â The Federal Board of Revenue (FBR) held a number of sessions in Karachi and Lahore to sensitise the leading tax consultants, tax...
Thousands of FBR officials transferred in historic reshuffle
--‘FBR wants its employees who have been working in certain offices for a considerable period to gain experience at other locations’
The Federal...
Experts call for tax reforms to achieve economic stability
ISLAMABAD:Â It is deplorable to note that even today; the industry of Pakistan bears 72pc of the tax burden, while 28pc burden was...
FBR warns public against unregistered businessmen charging sales tax
The Federal Board of Revenue has revealed that the general public has reported complaints against the businessmen who are charging sales tax...
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...
Budget aims to promote industrialisation, FBR chief tells traders
--Shabbar Zaidi says department is mulling to charge tax on the basis of electricity bill on shops with an area of 240...
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...
RITBA lauds govt’s amendments in taxation, accountability laws
RAWALPINDI:Â The Rawalpindi Islamabad Tax Bar Association (RITBA) on Sunday welcomed the decision of the government to introduce amendments in the civil law...
Thai king exempted from tax on some land properties
BANGKOK: Thailand’s King Maha Vajiralongkorn will be exempt from tax on some of his land property, according to a government announcement.
The king,...
‘Nominated’ FBR chairman vows to repose people’s trust in taxation system
The prime minister-nominated chairman of Federal Board of Revenue (FBR) Shabbar Zaidi has said that the people had lost trust in the...
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...
‘Flat tax scheme, rent control act to become reality soon’
ISLAMABAD:Â Ensuring the businessmen of Islamabad that a balanced rent control bill would be presented in the parliament soon, Minister of State for...