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...
Remedial work underway to ensure long-lasting stability: Hafeez Shaikh
'We import virtually everything and we still think the exchange will be kept at a certain level'
'Govt will not take...
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...
‘Tax relief on essential items to facilitate common man’
FBR official says tax exemptions on more than 1,650 raw materials and industrial inputs have been given to support local industries
ISLAMABAD:...
Cabinet’s decision to impose health tax set aside in budget
Sources claim that 'an influential lobby in the FBR' had opposed this tax
ISLAMABAD:Â The decision of the federal cabinet to impose health...
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...
Budget 2019-20: Salaried class to pay more taxes under PTI govt
Tax reliefs for salaried class introduced by the PML-N government have been withdrawn by the PTI led government in the latest budget.
Govt imposes Rs516bn taxes in budget 2019-20
Shabbar Zaidi says govt will meet tax target through administrative measures
ISLAMABAD:Â While increasing the customs duty on 2,400 tariff lines, the government...
Non-Filers not allowed to buy immovable property or cars, FBR clarifies
Federal Board of Revenue (FBR) has strongly refuted the news appearing in some sections of the press which states that the new...
‘FBR’s capacity will be enhanced to meet revenue targets’
Federal Board of Revenue (FBR) Chairman Shabbar Zaidi said on Tuesday that the board’s capacity would be enhanced to meet tax targets,...
Minimum taxable income revised in budget
Hammad Azhar says non-filers are no more restricted from purchasing property and can buy an estate of over Rs5m
ISLAMABAD:Â The minimum taxable...
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...
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...
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...
FBR seeks withholding tax details of all account holders
The Federal Board of Revenue (FBR) on Saturday sought details from the banks regarding withholding tax of all the account holders.
FBR said...