The Federal Board of Revenue (FBR) has paid refunds of Rs. 378.9 billion in the fiscal year 2021-22 (FY22) against… Read More
Federal Tax Ombudsman Vows to Provide Relief to Taxpayers
Federal Tax Ombudsman (FTO) Dr. Asif Mahmood Jah has said that FTO would continue to provide more relief to taxpayers… Read More
China Assures Pakistan of Further Assistance for Reconstruction and Rehabilitation Phases
Chinese Ambassador to Pakistan Nong Rong has assured more Chinese assistance for the reconstruction and rehabilitation phases of the post-flood… Read More
Ishaq Dar Takes Notice of Malpractices in Payments to Flood Affectees
Finance Minister Ishaq Dar on Monday took notice of malpractices in payments to the flood affectees and emphasized that the… Read More
Dollar Will Fall Below Rs. 200 in Coming Months: Ishaq Dar
Federal Finance Minister Ishaq Dar Monday said that the real value of the US dollar is below Rs. 200 and… Read More
Pakistan Fails to Attract Bids for Long-Term LNG Contract
Pakistan could be in for a rough ride as the country failed to find any bids for its two-part tender… Read More
Textile Mills Shutting Down as Floods Wipe Out Cotton Crop
Small textile mills in Pakistan are shutting down as the shortage of good quality cotton intensified in the wake of… Read More
Improving DC Fan Manufacturing to Expand More Export Opportunities: World Bank
Improvements in the quality of Pakistani DC fans will increase the international competitiveness of local fan manufacturers and open up… Read More
TRG Pakistan Reports Surprising Loss of Rs. 4.9 Billion in FY22
TRG Pakistan has reported a huge loss of Rs. 4.9 billion in the outgoing financial year 2021-2022. The company had… Read More
10 Major Sectors Contributed Around 71% in Customs Duty Collected by FBR in FY22
Around 71 percent of customs duty collection has been contributed by 10 major sectors including petroleum products, vehicles, iron and… Read More
Sales Tax Was The Top Revenue Source of Overall Tax Collection in FY22
The sales tax remained the top revenue generator with 41.2 percent share in total tax collection in 2021-22, followed by… Read More
FED Collection From Cigarettes & Food Concentrates Jumped Due to Inflation Only
A major jump in the Federal Excise Duty (FED) collection during 2021-22 from cigarettes and concentrates used in beverages/food is… Read More
