FBR collects Rs5.4tr in taxes
The Federal Board of Revenue (FBR) collected Rs5.35 trillion in taxes in 11 months of the current fiscal year, leaving ...
Tag: Tax
FBR won first case regarding tax evasion, linked to money laundering
FBR has won the first ever case of conviction for the offence of money laundering based on massive tax evasion. ...
FBR extends tax returns filing date till 15th Oct
The Federal Board of Revenue FBR has extended the date for filing of income tax returns till 15th of the ...
Fuel prices likely to go down by up to Rs5 per litre
Consumers may get some relief as the petroleum division has recommend a reduction in prices of fuel by up to ...
Pakistan collects Rs.4 Billion Tax on Agriculture Income
Pakistan is collecting around Rs. 4 billion in taxes from agriculture income instead of the potential of Rs. 150 billion, ...
FBR recompenses excess duty charged on mobile phones
On Friday, The Federal Board of Revenue (FBR) had issued a clarification on the excessive charging of customs duties and ...
Tea importers desire to the removal of tax
The Pakistan Tea Association (PTA) has urged the Federal Board of Revenue (FBR) to remove the anomaly relating to withholding ...
Samsung’s Lee family to pay more than $10.8billion fee
On Wednesday, The family of late Samsung Electronics chairman Lee Kun-hee said they will pay more than $10.8 billion in ...
Saudi Arabia has no intention to introduce income tax
Saudi Arabia’s Crown Prince Mohammed bin Salman said in televised remarks on Tuesday that the kingdom had no plans to ...
World leaders progressing on a huge global tax overhaul
For years, world leaders have been trying to launch a historic overhaul of global tax rules, aiming to tackle an unwieldy system ...
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