Tuesday, March 28, 2023
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FBR issues draft rules for new export facilitation scheme 2021

ISLAMABAD: The Federal Board of Revenue has issued draft rules for the new Export Facilitation Scheme 2021 and called for comments from industry, exporters and...

FY20-21: FBR collects Rs4.72 trillion, surpasses revenue target

ISLAMABAD: The Federal Board of Revenue (FBR) went over its tax collection target of Rs 4,691 billion for fiscal year 2020-21 and managed to...

Retail sector pays mere 2 per cent of its tax share

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to crackdown on point-of-sale tax evasions, retail stores or chains without point-of-sale receipts will be...

Payment of total assessed demand not needed to file appeal, FBR clarifies

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a clarification on a news story appearing in Daily Times insinuating that "a proposed amendment...

Finance bill contains clauses contrary to finance minister’s speeches

ISLAMABAD: Contrary to the speeches of Finance Minister Shaukat Tarin, various clauses of the finance bill propose levies and taxes that have been denied...

20pc pay raise, no new taxes: Sindh budget to be tabled at 3pm today

The Sindh government spokesperson, Murtaza Wahab, has said that the provincial government led by the Pakistan People's Party (PPP) will not impose any new...

FBR meets all revenue targets, first 11 months a success

KARACHI: The Federal Board of Revenue (FBR) has collected net revenue of Rs4,170 billion during the July-May period, which has exceeded the target of...

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