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ISLAMABAD: In a major shift from past practice, the Federal Board of Revenue (FBR) is considering replacing monthly tax collection targets with a fiscal-year-based performance evaluation system for it...
ISLAMABAD: The Federal Board of Revenue (FBR) has formally notified the establishment of a new land customs station at the border town of Taftan, a move that signals renewed focus on formalising and e...
Naveed Qamar says climate funds must not be consumed without projects• Panel seeks stricter recovery of petroleum levies from OMCs• Islamabad token tax hike approved despite middle-class concerns ...
• Lawmakers fear access to such data could be misused• Body okays proposed tax rates for salaried class, calls for more relief• Finance minister says no room for more concessions this year• Pa...
ISLAMABAD: A parliamentary committee on Tuesday witnessed heated exchanges over alleged irregularities in the automobile sector, while recommending relief for exporters, tariff reforms and a review of...
• Govt signals gradual end to super tax• State minister says target of bringing 3.5m retailers into tax net in one year ‘unrealistic’• NA panel seeks detailed estimates of revenue generation...
ISLAMABAD: The government has substantially increased penalties for late filing of income tax returns, restoration to the active taxpayers list, and deficiencies in document accessibility and formatti...
• Income tax rates reduced for salaried individuals earning between Rs2.2m and Rs7m annually; 35pc slab threshold raised to Rs7m • Super tax abolished for incomes up to Rs500m;...
ISLAMABAD: The government on Thursday announced a decline in tax exemptions in the outgoing fiscal year — the first such reduction in recent years — according to the Pakistan Economic Survey 2025-...
ISLAMABAD: The federal government’s demand that provinces share the burden of the Federal Board of Revenue (FBR) collection shortfalls underscores an unsustainable fiscal strategy. The honest answer...
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