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 govt
ISLAMABAD: Multinational companies (MNCs)...
National Single Window to facilitate investments, traders: FBR chairmanÂ
'Govt intends to fully implement e-governance system so as to make the import processes easier'
ISLAMABAD: Federal Board of Revenue (FBR) Chairman...
FBR recommends three phases for new amnesty scheme
ISLAMABAD:Â The Federal Board of Revenue (FBR) has recommended three phases for the new tax amnesty scheme for undeclared assets.
According to a tax...
FBR not to tax annual property rent income of up to Rs0.2m
The Federal Board of Revenue (FBR) has clarified the new taxation system for selling open plots and constructed properties under the Finance...
Crackdown against benami accounts from next week: FBR
'At least 76 properties and 46 vehicles were confiscated in recent weeks'
The Federal Board of Revenue (FBR) has decided to launch...
FBR needs around Rs870bn to meet revised revenue target
ISLAMABAD:Â The Federal Board of Revenue (FBR) has to collect around Rs870 billion in the last month of the current fiscal year to...
FBR sets Monday as deadline to file income tax returns
ISLAMABAD: The Federal Board of Revenue (FBR) has allowed the filing of income tax returns until Monday (Dec 17) owing to the weekend failing...
Tax officials warned against abuse of power
ISLAMABAD: The Federal Board of Revenue (FBR) officials are defying their chairman's orders by continuing with raids on business premises.
The tax department,...
17 alleged tax evaders placed on ECL
ISLAMABAD:Â The Federal Board of Revenue (FBR) has placed 17 people on the exit control list (ECL) owing to "tax evasion".
According to sources,...
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 mulls developing mobile app for filing online returns
ISLAMABAD:Â The Federal Board of Revenue (FBR), as part of its innovative strategy to increase the tax net, is thinking of developing a...
Govt prepares simplified tax scheme for property developers, builders
ISLAMABAD:Â The government has prepared a simplified tax scheme for property developers and builders, it emerged on Friday.
According to the draft of the...
50,000 Pakistanis repatriated from KSA in eight months
ISLAMABAD:Â The Ministry of Overseas Pakistanis and Human Resource Development on Wednesday revealed that as many as 50,000 Pakistanis have been repatriated from...
PM Imran hints at extending amnesty deadline
Prime Minister Imran Khan on Thursday hinted at extending the deadline of the Asset Declaration Scheme after "an increase in the demands...
Tobacco sector lobbying for tax concessions in upcoming budget
LAHORE: As the federal budget approaches the tobacco sector has stepped up its efforts to lobby for tax concessions, amid an economic...