The Ministry of Information Technology and Telecommunication (MoITT) on Monday conveyed serious concerns to the Federal Board of Revenue (FBR)… Read More
FBR Intelligence Arm Unearths Huge Tax Evasion In Lahore
The Directorate of Intelligence & Investigation (IR), Lahore on receipt of credible information related to sales tax fraud carried out… Read More
FBR Revises Parametric Refund-to-Export Ratio Ceiling for Sales Tax Refunds
The Federal Board of Revenue (FBR) has re-fixed the ceiling of the parametric refund-to-export ratio from the previous 12 percent… Read More
ECC Approves Proposal of Refinance and Credit Guarantee Scheme for Collateral Free Lending to SMEs
Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, chaired the meeting of the Economic Coordination Committee (ECC) of the… Read More
Govt to Introduce Measures in Next Budget to Increase Exports
The government is in the process of drafting major tax-related facilitative measures for exporters in the budget (2021-22) under an… Read More
Upcoming Auto Policy Will be All About Electric and Cheap Cars
Federal Minister for Industries & Production, Makhdum Khusro Bakhtyar, held a consultative session with representatives of Pakistan Automotive Manufacturers Association… Read More
Farmers Can Make 35-40% More Money Easily: Finance Minister
The Federal Minister for Finance and Revenue, Shaukat Tarin, held a meeting with the Special Assistant to the Prime Minister… Read More
Neither PIA Nor CAA Can Reduce Salaries of Employees: NIRC
The Civil Aviation Authority (CAA) or Pakistan International Airlines Corporation (PIAC) cannot reduce salaries/wages of PIA employees including pilots during… Read More
Prime Minister Rejects OGRA Recommendation for a Hike in Petrol Prices
In order to provide relief to the common man, the Prime Minister has decided to maintain the prices of petroleum… Read More
American Business Council Urges FBR to Maintain Tax Holiday on IT Exports
American Business Council (ABC) of Pakistan has proposed the Federal Board of Revenue (FBR) to maintain a tax holiday on… Read More
FBR Reduces Sales Tax on Petroleum Products
The Federal Board of Revenue (FBR) has reduced sales tax from 17 percent to 15.44 percent on Kerosene oil and… Read More
ICAP Suggest Incentives to Push GDP Growth to 6%
The Institute of Chartered Accountants of Pakistan (ICAP) has proposed the Ministry of Finance to offer similar incentives to the… Read More
