FBR collects Rs2,335bn revenue in eight months FY19

ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs2,335 billion tax revenue in the first eight months of the current fiscal...

PM to meet country’s top 150 taxpayers tomorrow

ISLAMABAD: Prime Minister Imran Khan would meet the top 150 taxpayers of the country tomorrow (Wednesday). As per the sources, the prime minister had...

PM orders strict action against tax evaders, facilitators

PM Khan says tax evaders are enemies of the country and do not deserve leniency ISLAMABAD: Prime Minister Imran Khan on Tuesday directed...

Govt urged to rectify impediments in taxation system

ICCI wants govt to bring GST down to single digit level in the next budget ISLAMABAD: The Islamabad Chamber of Commerce and Industry...

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...

Top 50 taxpayers to dine with PM Imran

Arif Habib, Hassan Mansha and Babar Ali named among top individual taxpayers, whereas top taxpaying companies included PSO, MCB and HBL The...

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...

FBR seeks revision in tax target due to shortage of revenue in FY19

ISLAMABAD: Federal Board of Revenue (FBR) has sought a revision in tax target due to the shortage of revenue in the first seven months...

Govt decides to exempt PSL franchises from 10pc withholding tax

ISLAMABAD: The government has decided to give tax exemption to the franchises of Pakistan Super League, it was learnt on Friday. According to documents...

Tax department misses revenue target by Rs158bn

FBR officials say only four per cent of the country’s population pays tax ISLAMABAD: The tax department on Wednesday admitted that it has missed...

AJK surpasses income tax target, collects Rs7.5bn in six months

MIRPUR: Azad Jammu Kashmir achieved a major breakthrough in the tax-realization history of the state after the State Department of Income Tax and Inland...

FBR chairman asked to explain reasons behind revenue shortfall

ISLAMABAD: Taking notice of revenue shortfall in the first six months of the current fiscal year 2018-19, Minister of State for Revenue Hammad...

MCC Port Qasim collects Rs89bn customs duty in six months

KARACHI: Model Customs Collectorate (MCC) Port Qasim has collected customs duty of Rs89 billion during the first half (July-December) of the current fiscal...

ICCI urges govt to avoid burdening existing taxpayers

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has urged the government to ensure that the compliant taxpayers were not burdened with...

FBR offices to observe extended working hours on Dec 29, 31

All Federal Board of Revenue (FBR) offices would remain open and observe normal working hours on Saturday (December 29) and would observe...