FBR needs around Rs870bn to meet revised revenue target

ISLAMABAD: The Federal Board of Revenue (FBR) has to collect around Rs870 billion in the last month of the current fiscal year to...

National Single Window to facilitate investments, traders: FBR chairman 

'Govt intends to fully implement e-governance system so as to make the import processes easier' ISLAMABAD: Federal Board of Revenue (FBR) Chairman...

Govt to issue sales tax refund bonds to claimants

In order to facilitate business community and exports, Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr Abdul Hafeez Shaikh...

FBR formulating long-term strategy to expand tax net: Zaidi

Federal Board of Revenue Chairman Syed Shabbar Zaidi has said that the FBR is working on a long-term strategy to expand the...

Govt likely to impose Rs40bn new taxes in upcoming budget

ISLAMABAD: The government is planning to drop an inflation bomb on public, as taxes are expected to be increased in the upcoming budget. According...

Chinese envoy lauds FBR’s reform agenda

ISLAMABAD: Ambassador of China to Pakistan Yao Jing on Wednesday appreciated the steps taken by the Federal Board of Revenue (FBR) to facilitate...

‘NRPs not required to become filers to open foreign currency bank account’

ISLAMABAD: A non-resident Pakistani is not required to be a filer to open a foreign currency bank account, said the office of the...

Rupee continues to tumble, down 3.1 per cent

It is speculated that the rupee will continue to fall and is expected to be valued at around Rs180 by December 2020 against the US dollar.

FPCCI lauds govt’s efforts in broadening tax net

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) held an emergent meeting of its members at its head office in...

FBR chief vows to introduce long-term reforms in taxation system

'There is nothing ambiguous in tax amnesty scheme and neither will it be amended in the finance bill' KARACHI: Federal Board of Revenue...

Salaried class to suffer as govt mulls reversing income tax slabs

Tax exemptions for individuals earning Rs400,000 to Rs1.2m per annum likely to be withdrawn ISLAMABAD: In an effort to increase the tax revenue...

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...

OICCI hails Shabbar Zaidi’s appointment as FBR chairman 

Foreign investors' body says it looks forward to a major change in taxation structure under Zaidi's tenure KARACHI: The Overseas Investors Chamber of...

Govt approves amnesty scheme

Hafeez Shaikh says 'basic purpose' of scheme is to document economy, make dead assets functional 4pc will be charged for whitened...

LHC summons FBR officials to explain hike in POL prices 

LAHORE: The Lahore High Court (LHC) on Tuesday took up a petition challenging the recent hike in the prices of petroleum products. Justice Shahid...