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Meeting called to resolve taxation problems of oil industry
DAWN.com Sources said the federal government had previously engaged the four provincial chief secretaries, the federal finance secretary and the chairmen of the Federal Board of Revenue (FBR), OTCA, OCAC and Ogra, but the issue remained unresolved. |
DAWN.com |
FBR to revise customs reform strategy
DAWN.com ISLAMABAD: Expressing concern over low cross-border trade, Finance Minister Ishaq Dar has asked the Federal Board of Revenue (FBR) to revise the proposed customs reform strategy in line with the Trade Facilitation Agreement (TFA). Commerce Minister ... |
The Nation |
LCCI chief asks govt to curb smuggling
The Nation He said the role of Federal Board of Revenue (FBR) was considered to be a key facilitator for the private sector. He, however, alleged that complicated tax system did create complications between taxpayers and tax collectors. He suggested number of ... 'Bhasha, Kalabagh Dams vital for economy'The News International all 3 news articles » |
The News International |
PRA issues notice to PSO over Rs2.258 billion tax default
The News International The petroleum dealers are registered as commission agents with the Federal Board of Revenue (FBR), while the commission agents are liable to pay the Punjab Sales Tax on service. Thus, they are liable to pay the Punjab Sales Tax on service to the PRA. |
Daily Times |
LHC moved against levy of 17pc sales tax on POL products
Daily Times He had alleged that the Oil and Gas Regulatory Authority (OGRA) with the connivance of Finance Ministry, Federal Board of Revenue (FBR) and the Prime Minister's Office was continuously exploiting public financially. He had said that the ruling Pakistan ... and more » |
FBR to revise customs reform strategy
DAWN.com ISLAMABAD: Expressing concern over low cross-border trade, Finance Minister Ishaq Dar has asked the Federal Board of Revenue (FBR) to revise the proposed customs reform strategy in line with the Trade Facilitation Agreement (TFA). Commerce Minister ... |
The Nation |
Lower oil prices dim chances of meeting tax collection target
The Nation The Federal Board of Revenue (FBR) has to collect massive Rs1356 billion in just three months (April to June) of the year 2016-17 to meet the yearly target of Rs3621 billion. The FBR has collected Rs2265 billion during nine months (July-March) of the ... |
FBR mulls enhancing income tax exemption limit up to Rs500,000
The News International KARACHI: The Federal Board of Revenue (FBR) is considering increasing the income tax threshold for salaried class up to Rs500,000 from the existing 400,000, officials said on Saturday. The FBR is likely to propose the increase in the threshold keeping ... |
Daily Times |
LHC moved against levy of 17% sales tax on POL products
Daily Times He had alleged that the Oil and Gas Regulatory Authority (OGRA) with the connivance of Finance Ministry, Federal Board of Revenue (FBR) and the Prime Minister's Office was continuously exploiting public financially. He had said that the ruling Pakistan ... and more » |
Daily Times |
Slothful conduct of MoF, MoC and FBR eats millions of dollars: exporters
Daily Times KARACHI: The indolent conduct of the ministries of Finance (MoF) and Commerce (MoC) and the lethargic approach taken by the Federal Board of Revenue (FBR) in not taking prompt steps to do away with their own follies have inflicted a loss of millions of ... |
The Express Tribune |
Litre price of petrol, diesel up by Rs1; kerosene unchanged
The Express Tribune Moreover, the federal government has reduced sales tax on high speed diesel from 30% to 29.5% from today (April 1) while other POL products would be subjected to sales tax on previous rates with no change. The Federal Board of Revenue (FBR) has ... and more » |
The News International |
Banks asked to check transfer of $50000 abroad via credit card
The News International KARACHI: The Federal Board of Revenue (FBR) have asked banks to implement procedures to stop wiring more than $50,000 requested by their credit card holders to foreign countries after the board found that the untaxed funds were being transferred ... |
Pakistan Observer |
Pak-IMF Article IV Consultations today
Pakistan Observer Pakistani team comprises representatives from the Ministry of Finance, Federal Board of Revenue (FBR), Ministry of Commerce (MoC), Ministry of Food and National Security, Ministry of Petroleum and Natural Resources, Pakistan Bureau of Statistics (PBS) ... and more » |
DAWN.com |
PM approves national single window to boost trade
DAWN.com The official said manual processing of documents related to cross-border trade leads to malpractices, frauds and discretion. The prime minister's secretariat directed the Federal Board of Revenue (FBR) chairman to move a summary with specific proposals ... |
The Nation |
Ogra seeks data from FBR, Customs, KPTA
The Nation ISLAMABAD - The Oil and Gas Regulatory Authority (Ogra) has asked the Federal Board of Revenue, Customs and Karachi Port Trust Authority to provide the details of the latest data about the LPG imports in the country. “Import of LPG is deregulated and ... |
Ginners fear large-scale bankruptcies
DAWN.com KARACHI: Around 400 ginning units are in trouble after the Federal Board of Revenue (FBR) increased its tax demand under the Normal Tax Regime (NTR). The ginning industry has called the FBR's move “illegal and unjust”. Sources said the FBR recently ... |
DunyaNews Pakistan |
FBR declares Pakistan Railways defaulter, freezes bank account
DunyaNews Pakistan LAHORE (Dunya News) – According to the documents obtained by Dunya News, Pakistan Railways was declared defaulter of more that Rs 310 million for the year 2016-2017 by the Large Taxpayer Unit of Federal Board of Revenue (FBR). A spokesman of ... |
DunyaNews Pakistan |
Govt hints at raising tax-free transaction threshold to Rs100,000 in next budget
DunyaNews Pakistan ISLAMABAD (Daily Dunya) - Minister of Finance Ishaq Dar and Federal Board of Revenue (FBR) has hinted at raisng tax-free transaction threshold to Rs100, 000 in upcoming fiscal year 2017-18, revealed State Bank of Pakistan (SBP) Governor Ashraf ... |
Ginners fear large-scale bankruptcies
DAWN.com KARACHI: Around 400 ginning units are in trouble after the Federal Board of Revenue (FBR) increased its tax demand under the Normal Tax Regime (NTR). The ginning industry has called the FBR's move “illegal and unjust”. Sources said the FBR recently ... |
FBR may propose amending concealment of income, source of remittance laws
The News International KARACHI: The Federal Board of Revenue (FBR) may propose major amendments to laws related to concealment of income and questioning the source of foreign remittances in the upcoming budget 2017/2018, official sources said on Tuesday. The sources ... |
