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Today is the final day of Asset Declaration Scheme

Islamabad: The deadline of Asset Declaration Scheme will be end on July 3 (today). Asset hiders will be in trouble as the Asset Declaration Scheme...

FBR is going to announce privilege cards for top taxpayers, sources

Currently the Federal Board of Revenue or FBR is apparently wanting to issue the 'privilege' cards to the nation's top taxpayers once more. The...

FBR missed tax collection target by Rs 235bn in 8 months

The Federal Board of Revenue or FBR missed the tax collection target in the initial 8 months of the ongoing fiscal year. In first 8...

Tax Reform: FBR in talks with World Bank for $400 million...

Federal Board of Revenue or FBR is in phase of discussion with the World Bank for about $400 million loan. FBR is in talks with...

FBR invites proposals from stakeholders for next budget 2019-20

FBR or Federal Board of Revenue on Monday welcomed recommendations from different stakeholders for the upcoming budget 2019-20. The recommendations, which are to be presented...

IT products under invoicing had cost Pakistan Rs 40 billion

The economy of Pakistan faced the huge loss of Rs 40 billion due to IT products under invoicing in last 5 years. Due to IT...

FBR took an action against illegal sale of cigarettes

Federal Board of Revenue or FBR took the strict action against the illegal sale of cigarettes in the country. Action against illegal sale of cigarettes...

Revenue collection observed the shortfall of over 170 billion

Federal Board of Revenue or FBR revealed that the revenue collection faced the shortfall of more than 170 billion. The revenue collection faced the shortfall...

Corporate Tax Rate Can Be Frozen at 29% by Government

Due to economic challenges and considerable decline in revenue collection, the government is considering to freeze the corporate tax rate at the present level...

Businessmen demand amnesty scheme to settle the business disputes

Lahore: Business community of Lahore and Punjab is demanding the amnesty scheme from government so they can sort out their old disputes. Businessmen demand amnesty...

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