Tag: Revenue

Six reports of standing committees presented in Senate

    As many as six reports of standing committees of Finance, Revenue, Economic Affairs, Water and Power, and States and Frontier Regions were presented in...

Pakistan can double its tax revenue through equitable tax system: IMF

  Pakistan can double its tax revenues by concerted efforts to broaden tax bases, strengthening tax compliance, eliminating distortionary tax expenditures, and rationalizing the tax...

NA body discusses Banks Nationalisation Amendment Bill, 2015

  National Assembly’s Standing Committee on Finance, Revenue, Economic Affairs, Statistics and Privatisation on Wednesday discussed the proceeding of "The Banks (Nationalization) (Amendment) Bill, 2015...

Dar says Rs 40b taxes will be levied on luxury items

  Finance Minister Mohammad Ishaq Dar said on Tuesday that Tax and energy reforms are a must for economic stability of the country. In an interview,...

Traders appreciate FBR for appointing two deputy chairmen

The business community appreciated Federal Board of Revenue (FBR) Board-in-Council for appointing two deputy chairmen and termed it as a decision in the right...

FPCCI urges FBR to stop manual selection of returns for audit

Haji Fazal Kadir Khan Sherani, President of Federation of Pakistan Chamber of Commerce & Industry (FPCCI) and Mr. Zakaria Usman, Chairman of the FPCCI...

FBR introduces new software to facilitate taxpayers

Federal Board of Revenue (FBR) has developed a Computerized Risk-based Evaluation of Sales Tax (CREST) software that checks information in monthly returns, import, export...

Land revenue computerisation process: Data of 32 circles still missing...

The Rawalpindi Land Revenue Department has not been able find the land record of 32 patwar circles of rural and urban areas for computerisation...

TDAP’s 7th Expo expected to generate business of $690m

The 7th Four-day Trade Development Authority of Pakistan (TDAP) Expo Pakistan 2012 is expected to generate a business of US Dollar 690 Million, the...

Do more, Qaim tells Sindh Revenue Board

Sindh Chief Minister Syed Qaim Ali Shah on Saturday presided over a meeting of Sindh Revenue Board (SBR) held at the CM House here....

Federal budget has constitutional status: FBR

Mumtaz Haider Rizvi, Chairman of the Federal Board of Revenue (FBR), setting aside the doubts being cast over the constitutional status of federal budget...

FBR chairman claims that exports would hike Once government gets on...

The government would support the manufacturers through prudent policies and encourage them to enhance the capacity and transfers of technology which will not only...

Figures still have FBR’s number

Chairman Federal Board of Revenue Mumtaz Haider Rizvi has said that FBR has taken cognizance of disparity in rates of sales tax and is...

A day’s work sends new SRB chief on 15-day leave

After assuming the charge of Sindh Revenue Board (SRB) Chairman against the Supreme Court’s order, a former police officer who has been appointed as...

SRB achieves Rs 25 billion collection target in 11 months

Putting down the speculation that Sindh had no expertise to collect general sales tax (GST) on services, the Sindh Revenue Board (SRB) has succeeded...

And the announcement continues to reverberate…

The federal budget outlay for FY13 stands at Rs3.203 trillion which is three percent higher than last year’s revised estimate. According to Invest Capital...

Engro announces 5pc revenue growth in Q12012

The Board of Directors of Engro Corporation Limited Friday announced the financial results for the first quarter that ended on March 31, 2012. The...