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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 »

Pothohar region announces unconditional support to the candidate of UBG

Lahore: All the chambers of commerce of Pothohar region have announced their unconditional support to the candidate of United Business Group (UBG) in the upcoming elections of the FPCCI. This was decided and announced at a luncheon hosted by former president FPCCI in honour of newly elected office bearers of ... Read More »

FBR to nominate a focal person to assist Overseas Pakistanis

Lahore: On the request of Overseas Pakistanis Commission (OPC) Punjab, Federal Ministry of Finance has decided to nominate a focal person at Federal Board of Revenue (FBR) to assist overseas Pakistanis regarding tax matters. Decision to this effect was made during a meeting of Commissioner OPC Punjab, Afzal Bhatti with ... Read More »

FBR delaying payments to exporters despite issuance of cheques

Lahore: President Pakistan Businessmen and Intellectuals Forum (PBIF), All Karachi Industrial Alliance (AKIA) and former provincial minister Mian Zahid Hussain on Monday said FBR has been delaying cheques to exporters despite issuance of Refund Payment Orders (RPOs) which is injustice. Business community is already reeling under many problems therefore it should ... Read More »

FBR asked to plug loopholes to make Pakistan a developed country

Lahore: A business leader asked Chairman FBR on Thursday to plug loopholes causing tax evasion and other irregularities which is barring Pakistan from become a developed and self-sufficient country. The Apex tax body should employ latest IT infrastructure and improve capacity of staff to enhance collections, without hurting existing taxpayers, so ... Read More »

PEW blames FBR for artful trickery of tax collection figures

Lahore: The Pakistan Economy Watch (PEW) on Sunday said that just distribution of wealth is imperative to win ongoing war against militants and extremists. Country is suffering from regressive tax system where seventy per cent of the taxes are collected through indirect taxation pushing deprivation, poverty and gulf between rich and ... Read More »

FBR officers, staff offer Fateha for martyrs of Peshawar School Tragedy

Islamabad: The officers and staff of the Federal Board of Revenue (FBR) Headquarters gathered on Wednesday to offer Fateha for the martyrs, including 132 innocent schoolchildren, of the horrific Peshawar School Tragedy. All the officers and staff of FBR (HQ), including Chairman Tariq Bajwa and all the Members, gathered in ... Read More »

FBR freezes Misbahul Haq bank accounts on tax evasion

Lahore: The Federal Board of Revenue has frozen the bank accounts of Pakistan cricket team captain Misbahul Haq over alleged tax evasion. According to the spokesperson of FBR, Misbah has not paid taxes of Rs 3.9 million .FBR has also frozen the bank accounts of Batsman Azhar Ali who owes Rs1.5 ... Read More »

Rulers made rosy promises in elections campaign but failed to perform in their first year:Liaqat Baloch

Lahore: The JI Secretary General Liaqat Baloch said that the present rulers had held out rosy promises to the masses in their election campaign but they had proved a failure during their first year rule. The masses had been disappointed by the corruption and bad governance of the government which was ... Read More »

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