Tax

Only 12pc population of country is paying tax: Hafeez Shaikh

'The government has inherited a debt of Rs31, 000 billion when it came into power. Read More

FBR serves notices on 500 beauty parlours

The government has decided to tax the income of beauty parlours Read More

TESCO pays Rs3.4 billion in taxes to FBR despite tax exemption

Statutory Regulatory Orders provide exemption to Federally administered Tribal Areas (FATA) and Provincially Administered Tribal… Read More

U.S. bill to boost electric car tax credits could rev GM, Tesla

A bipartisan group of U.S. lawmakers introduced legislation on Wednesday to expand the electric vehicle… Read More

SC seeks details of last year’s tax collection on cellular calls

In June, 2018, the Supreme Court had suspended the deduction of taxes imposed on the… Read More

Internet and tech giants to be taxed on digital sales

The new tax will cover areas such as advertising, websites and the resale of private… Read More

Germany looks into tax move on foreign internet firms: report

FRANKFURT: Germany’s finance ministry is looking into the possibility of a 15 percent special tax… Read More

Aleema Khan deposits 25pc of tax: FBR chairman

FBR chairman said that Aleema Khan assured to submit the remaining amount of tax in… Read More

Tax filing procedure would be made easier this year: Asad Umar

'Country's economy cannot flourish until trade deficit is controlled' Read More

FBR readies plan for operation against high net-worth people

KARACHI: The Federal Board of Revenue (FBR) has decided to launch an operation against non-compliant… Read More

Cabinet decides to separate tax policy from revenue administration

ISLAMABAD: The federal cabinet on Thursday decided to separate tax policy from the revenue administration… Read More

FBR directed to amplify tax on imported tobacco

ISLAMABAD: A special committee of the Senate on Wednesday asked the Federal Board of Revenue… Read More

Online payment system for tax payers launched by FBR

The Federal Board of Revenue Pakistan (FBR) has launched an online payment system for tax… Read More

Govt decides to translate all tax statutes in Urdu

ISLAMABAD: Minister for Finance, Revenue and Economic Affairs Asad Umar has constituted a committee headed… Read More

Govt working to simplify procedure for tax filers: minister

ISLAMABAD: State Minister of Revenue Hamad Azhar has said the government is taking measures to… Read More

Tax on mobile phone cards can’t be deducted until court’s next orders: CJP

ISLAMABAD: Chief Justice Pakistan Mian Saqib Nisar on Thursday said the apex court's order about… Read More

Meet Pakistan’s highest tax payer politician

A quick look into nomination papers submitted to the Election Commission of Pakistan (ECP) for… Read More

Shamshad says amnesty scheme won’t be extended after June 30

KARACHI: Caretaker Minister for Finance and Economic Affairs Dr Shamshad Akhtar has directed Pakistan Stock… Read More

Ronaldo accepts two years in prison, 18.8 million euro fine in tax case

MADRID: Real Madrid forward Cristiano Ronaldo has reached a deal with the Spanish tax authorities… Read More

FBR tax collection target may decrease by Rs84 billion

ISLAMABAD: The Federal Board of Revenue (FBR) at their best will be able to collect Rs3.85… Read More