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Chairman FBR and Governor State Bank removed

Lahore : Federal Government has removed Chairman FBR Jahanzeb Khan and Governor State Bank Tariq Bajwa to meet economic challenges . Read More »

Prudent policies steer economy towards growth: Hammad Azhar

Lahore : Minister of State for Revenue for Hammad Azhar Wednesday said that all economic indicators were positive, indicating that Pakistan would soon achieve its agenda of economic growth. In the first 200 days of the government, the economicsituation was getting stable, the minister said while addressing a press conference ... Read More »

1.7 million income tax-filers could not bear the burden of 210 million :

Lahore : Prime Minister Imran Khan Wednesday said the change of mindset about wealth creation, promotion of tax culture and enhanced tax collection by bringing the elite into tax-net were vital for country’s economic viability. “Like Darwin’s theory of `Survival of Species’ which calls for adabtability, Pakistan would have to ... Read More »

Mobile users will get balance of 100 on Rs 100 card

Lahore : FBR has announced that mobile users will get balance of 100 on Rs 100 card from 12 AM tonight . This order will be implemented for 15 days till the department make a mechanism . Earlier ; Mobile companies were giving balance of 64.5 on the card of ... Read More »

FBR officials harassing business community : FPCCI

Lahore: Discretionary powers given to FBR Official should be withdrawn immediately as FBR officials use these powers for harassing business community.  One window facilitation cell should be established for industrialization, dealing with increasing trade deficit and improving ease of doing business ranking. Double taxation and withholding tax on banking transaction ... Read More »

FPCCI concern over FBR’s action on bank transactions

Lahore: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed grave concern over FBR’s inaction on section 38-B and withholding tax on bank transactions and urged the prime minister to intervene into the matter. The FPCCI Vice President & Regional Chairman Ch.Arfan Yousaf said that challenges to ... Read More »

Punjab Revenue Authority signs MoU with FBR

Lahore : Chairman Punjab Revenue Authority Raheel Ahmad Siddique signed a MoU with FBR on Wednesday in which parameters regarding input tax adjustment were decided/ finalized. It is pertinent to mention here that for some time Punjab Revenue Authority was claiming billion of rupees from FBR in form of input ... Read More »

Real Estate agents lost their war at table

  Lahore : Finance Minister Ishaq Dar held talks with the property evaluators from all over the country on the issue of Valuation of Property and related tax matters. The talks between FBR and real estate association continued for 10 days before reaching the agreement. The Federal Board of Revenue  would ... Read More »

The budget 2016-17 will help to achieve the objectives: Ishaq dar

Lahore: Minister for Finance, Senator Muhammad Ishaq Dar on Friday directed the Ministry of Finance and Federal Board of Revenue (FBR) teams to continue to take guidance from the Parliamentary budget debate and make recommendations for adoption of positive and forward looking proposals. The Minister stated that the government was open to suggestions and any ... Read More »

FBR asked to accept FPCCI suggestions to spur growth

Lahore: The Federation of Pakistan Chamber of Commerce and Industry has formally presented its budget proposals to the National Assembly’s Standing Committee on Finance. The FPCCI’s proposals were presented to the National Assembly’s panel by Secretary General UBG Zubair Tufail and Vice President FPCCI Zafar Bakhtawari in a meeting chaired ... Read More »

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