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 strategies Apple said on...

FPCCI asks FBR to withdraw tax on Immovable property under Section 7E

ISLAMABAD: Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has formally asked the Federal Board of Revenue to withdraw tax on...

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,...

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...

‘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...

Tax reforms imperative for durable progress: PM  

ISLAMABAD: Prime Minister Imran Khan on Tuesday termed the existing taxation system “unjust” and called for its reformation in order to achieve durable...

FBR advises people to declare undisclosed assets by 30th

The Federal Board of Revenue (FBR) has reiterated that the closing date for the Assets Declaration Scheme is 30th June 2019. The FBR...

Govt urged to introduce soft taxation regime for real estate sector

LAHORE: The government must formulate special policies and introduce a soft taxation regime for the country’s real estate sector. This was the upshot of...

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...

Business community hails tax amnesty scheme, calls for extension till Dec

Govt urged to follow the amnesty model of Indonesia, as it brought around 745,000 people into the tax net and recovered...

Is Ernst & Young about to exit Pakistan?

Ernst & Young, the global accounting and professional services firm that goes by its brand name EY, is re-evaluating its relationship with...

FBR asked to simplify tax collection system

State minister says Aleema Khan or whoever, recovery will be made according to law of the land Addressing a three-day ‘International Conference...

‘No CNIC condition for women purchasing goods worth over Rs50,000’

Human Rights Minister Dr Shireen Mazari on Wednesday rebuffed the impression that the Federal Board of Revenue (FBR) has made it mandatory...

FBR officials vow to extend full support to govt

ISLAMABAD: The Federal Board of Revenue (FBR) officers adopted a resolution on Sunday, vowing to extend full and unconditional support to the new...

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...