KARACHI: Tax collection from non-cash banking transactions surged 103 percent in April 2021 largely on account of a massive decline in the number of...
KARACHI: A three-tier system to collect federal excise duty on production and supply of tobacco products has been finalised for reintroduction...
KARACHI: Tax collection on payment to non-residents surged by 66 percent during the first nine months 2020/21 due to the measures taken by the tax...
The logo of Federal Board of Revenue .KARACHI: The Federal Board of Revenue is considering withdrawing exemptions and concessions granted in case...
The sources said various tax rates are under consideration to boost the salary income tax collection from existing Rs129 billion to Rs305 billion
KARACHI: The Federal Board of Revenue has refused to write off tax liabilities of Pakistan International Airlines and reconciliation is a...
KARACHI: The government has finalised a medium-term budget strategy paper to reduce number of withholding taxes and slash tax slabs for individual...
KARACHI: The Federal Board of Revenue has allowed reduced rate of withholding tax at 0.25 percent for dealers of fertilisers who have sales tax...
KARACHI: The federal government has documented Rs60 billion worth of bearer bonds valuing Rs25,000 each in three months to comply with one of the...
KARACHI: Import volume of duty-free goods increased to Rs2.6 trillion during the tax year 2020 compared with Rs2.44 trillion in the preceding tax...
