The Federal Board of Revenue (FBR) is expected to announce an extension for the filing of income tax returns for… Read More
FBR Takes a U-Turn on Property Declaration in Income Tax Return Forms
The federal government has decided to remove the “Estimated Fair Market Value” column from this year’s income tax return forms,… Read More
Federal Ombudsman Takes Action Against FBR Despite Board’s Denial
The Federal Tax Ombudsman (FTO) has taken immediate notice of an alleged illegal move by the Federal Board of Revenue… Read More
Islamic Council Takes U-Turn on Declaring Withholding Tax Un-Islamic
The Council of Islamic Ideology (CII) has issued a formal clarification stating that no final decision has been made regarding… Read More
Pakistan, Saudi Arabia Reaffirm Unbreakable Ties on Kingdom’s 95th National Day
Saudi Arabia’s Ambassador to Pakistan, Nawaf bin Said Al-Malki, reaffirmed the Kingdom’s unwavering support for Pakistan, emphasizing the enduring and… Read More
PIA Holding to Transfer Precision Engineering Complex to Pakistan Air Force Entity
PIA Holding Company Limited (PIAHCL) has announced the approval of a Scheme of Arrangement for the transfer of its Precision… Read More
Commerce Division Proposes Extension of EDF Board to Ensure Continuity of Reform Process
In a move aimed at ensuring the successful completion of critical reforms, the Commerce Division has proposed the reappointment of… Read More
Pakistan to Seek Maximum Relief in Upcoming IMF Review Talks
The government is preparing to press for major relief measures during the upcoming review negotiations with the International Monetary Fund… Read More
FBR Chairman Rules Out Mini-Budget Ahead of IMF Mission Visit
Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial has said that no mini-budget is under consideration as Pakistan prepares… Read More
China-Pakistan Donkey Industry Push Promises Billions in Rural Development
The China-Pakistan Donkey Industry Development Forum was held in Islamabad today under the theme “Creating Opportunities Together, Winning the Future… Read More
Karachi Tax Bar Raises Concerns on Major Mistakes in Filing System, FBR Continues to Ignore
The Karachi Tax Bar Association (KTBA) has raised serious concerns about systemic issues and errors in the “IRIS” system, as… Read More
Starlink, Amazon, and OneWeb Wait as Pakistan Delays Satellite Internet Launch
Five major international satellite internet providers, OneWeb (Eutelsat Group), Amazon’s Project Kuiper, SpaceCell (SSST), Starlink, and Telesat, are ready to… Read More
