Govt mulls abolishing unnecessary withholding taxes: Asad Umar
Finance Minister Asad Umar said on Tuesday that the government was planning to abolish unnecessary withholding taxes, a local media outlet reported.
Addressing...
‘Crackdown against non-filers to be launched in May’
State Minister for Revenue Hammad Azhar has said that the Pakistan Tehreek-e-Insaf (PTI) government would initiate a crackdown against non-filers in May,...
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...
‘Flat tax scheme, rent control act to become reality soon’
ISLAMABAD: Ensuring the businessmen of Islamabad that a balanced rent control bill would be presented in the parliament soon, Minister of State for...
No revisions in rates for tax on cash withdrawal, FBR clarifies
ISLAMABAD: The federal government has neither revised the rates or limits for tax on cash withdrawal from the bank accounts under section 231A,...
Rs8.2bn recovered as FBR intensifies crackdown
ISLAMABAD: The tax department has recovered Rs8.2 billion from the tax evaders in ongoing arrear recovery drive and crackdown.
Sources told this scribe that...
Asad Umar meets IMF mission chief, discusses tax reforms
Ernesto Ramirez expresses concern over reduction in tax collection
ISLAMABAD: The International Monetary Fund (IMF) new mission chief Ernesto Ramirez Rigo on...
Appointment of FBR’s focal person lauded
ISLAMABAD: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Engr Daroo Khan Achakzai, on behalf of the chamber, praised Federal Board...
FBR sensitises tax managers, businessmen on recent tax reforms
ISLAMABAD: The Federal Board of Revenue (FBR) held a number of sessions in Karachi and Lahore to sensitise the leading tax consultants, tax...
‘Govt making fundamental changes in FBR to make it more vibrant’
State minister says efforts are underway to optimise revenues, promote IT-driven processes, and introduce an investment-friendly tax system
ISLAMABAD: Minister of State for Revenue...
Experts call for tax reforms to achieve economic stability
ISLAMABAD: It is deplorable to note that even today; the industry of Pakistan bears 72pc of the tax burden, while 28pc burden was...
17 alleged tax evaders placed on ECL
ISLAMABAD: The Federal Board of Revenue (FBR) has placed 17 people on the exit control list (ECL) owing to "tax evasion".
According to sources,...
No more raids on business premises: FBR chief
Dr Jehanzaib Khan says he will visit Karachi every month for two days in order to coordinate and interact with 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...
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...