LHC summons FBR officials to explain hike in POL pricesÂ
LAHORE:Â The Lahore High Court (LHC) on Tuesday took up a petition challenging the recent hike in the prices of petroleum products.
Justice Shahid...
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,...
‘Fair taxation system imperative to make Pakistan an equitable society’
Shabbar Zaidi says policies of previous govts made Pakistan a trading state instead of a semi-manufacturing state
ISLAMABAD: Federal Board of Revenue...
Tax department misses revenue target by Rs158bn
FBR officials say only four per cent of the country’s population pays tax
ISLAMABAD:Â The tax department on Wednesday admitted that it has missed...
Appointment of FBR’s focal person lauded
ISLAMABAD:Â Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Engr Daroo Khan Achakzai, on behalf of the chamber, praised Federal Board...
Tax department initiates investigation against non-profit organisations
As many as 876 companies are registered with Security and Exchange Commission of Pakistan as NPOs
ISLAMABAD:Â The tax department has initiated an...
FBR officials vow to extend full support to govt
ISLAMABAD:Â The Federal Board of Revenue (FBR) officers adopted a resolution on Sunday, vowing to extend full and unconditional support to the new...
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 collects Rs2,335bn revenue in eight months FY19
ISLAMABAD:Â The Federal Board of Revenue (FBR) has provisionally collected Rs2,335 billion tax revenue in the first eight months of the current fiscal...
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...
Tax reforms imperative for economic stability: PM
PM says if the tax collection authority cannot be fixed, he will create a new one
Prime Minister Imran Khan said on...
‘Anomalies in tax software to be removed soon’
Taking notice of the show cause notices issued to the commercial importers, State Minister for Revenue Hammad Azhar has said the anomalies...
PM orders strict action against tax evaders, facilitators
PMÂ Khan says tax evaders are enemies of the country and do not deserve leniency
ISLAMABAD: Prime Minister Imran Khan on Tuesday directed...
National exchequer bears the brunt of flawed tobacco taxation policies
ISLAMABAD:Â The national exchequer has incurred a loss of approximately Rs153 billion in terms of revenue collection during 2016-2019, owing to the introduction...
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