Aaj News

Business & Economy

FBR fines company over Rs15 million for tax fraud

Investigations uncovers a network of blacklisted firms engaged in deceptive transactions

Published 29 Oct, 2024 11:21am

Business & Economy

FBR seals two Islamabad restaurants for issuing fake receipts

Each restaurant was fined Rs500,000 for their infractions

Published 28 Oct, 2024 06:19pm

Business & Economy

FBR reports significant increase in tax returns for 2024

FBR discloses out the total returns submitted for the last fiscal year

Published 28 Oct, 2024 01:19pm

Pakistan

Two restaurants shut down in Islamabad for tax fraud

FBR initiates a Point of Sale Reward Scheme

Published 28 Oct, 2024 09:06am

Business & Economy

FBR to release new property rates for 54 cities

Reassessment of property prices has been completed

Published 24 Oct, 2024 03:57pm

Business & Economy

FBR announces 4% sales tax hike on tractors

The tax rate has decreased from 18% to 14%

Published 24 Oct, 2024 03:56pm

Business & Economy

FBR abolishes customs intelligence department due to performance issues

FBR issues notification revoking the authority of CI officers to stop or release consignments

Published 24 Oct, 2024 12:14pm

Business & Economy

FBR makes major announcement for late filers

They will be included in the ATL after paying surcharge

Updated 22 Oct, 2024 06:38pm

Business & Economy

FBR planning new measures for late-filer, non-filer categories in new tax law

The proposed law will introduce penalties for non-compliant taxpayers

Published 21 Oct, 2024 10:10am

Business & Economy

FBR registers 160 new retailers in POS system, total reaches 9,290

Approximately 64,000 traders are registered under Tajir Dost Scheme

Published 20 Oct, 2024 02:03pm

Business & Economy

Companies’ CFOs involved in sales tax fraud go into hiding amid FBR crackdown

Many of these CFOs have either fled or are in hiding to escape potential raids by the FBR

Published 18 Oct, 2024 11:00am

Business & Economy

FBR announces extension of deadline for filing income tax returns

Those who have not filed their returns have 15 more days to file them

Published 15 Oct, 2024 01:59am

Business & Economy

Last day for submission of income tax returns tomorrow: FBR

Says it had already extended the date for filling of returns till October 14

Published 13 Oct, 2024 10:53pm

Business & Economy

FBR issues warning for ‘under-filers’ as tax deadline approaches

FBR is considering additional restrictions

Published 11 Oct, 2024 04:17pm

Business & Economy

Govt urges non-filers, CFOs of wealthy manufacturers to address tax obligations

The Finance Minister pointed to five primary sectors

Published 11 Oct, 2024 09:37am

Business & Economy

FBR collects Rs647m from POS services

Concerns were raised regarding a proposed 2% Infrastructure Development Cess in KP

Published 10 Oct, 2024 08:58am

Business & Economy

Aurangzeb announces major restrictions for non filers

He noted that the government plans to implement tax uniformity across all provinces

Published 02 Oct, 2024 09:04am

Business & Economy

Check if you appear on FBR’s active taxpayer list status after filing tax returns

FBR extends date for filing returns till October 14

Updated 02 Oct, 2024 05:06pm

Business & Economy

FBR extends deadline for tax returns till Oct 14

Statement comes after they said there will be no extension

Published 01 Oct, 2024 08:46am

Business & Economy

FBR issues statement related to last date for income tax returns filing

Statement comes after news circulating on media

Published 01 Oct, 2024 12:01am

Pakistan

IHC issues notice to FBR after DHA challenges propoerty tax

The counsel for DHA had stated that immovable property was not considered goods

Published 30 Sep, 2024 10:36am

Business & Economy

PM Shehbaz to take major decision on tax return deadline today

Several trade organisations have asked for an extension

Updated 30 Sep, 2024 09:44am

Business & Economy

FBR’s IRIS system down, causing filing difficulties for citizens

Deadline for filing income tax returns approaches on September 30

Published 28 Sep, 2024 03:30pm

Pakistan

FBR makes firm statement on deadline for filing returns

The FBR has outlined several consequences for non-filers

Updated 22 Sep, 2024 11:54am

Business & Economy

FBR to impose heavy fines on large retailers for issuing non-certified receipts

The proposed fine is Rs 500,000 for each non-compliant receipts

Published 14 Sep, 2024 10:35am

Business & Economy

Govt planning mini budget to squeeze on non-filers

FBR faced challenges in bringing 3.2 million retailers into tax net

Published 12 Sep, 2024 10:43am

Business & Economy

FBR considering category-based tax for traders

FBR has agreed to reduce the upper slabs of fixed tax

Published 10 Sep, 2024 10:48am

Pakistan

FBR earns millions by collecting one rupee on each Point-of-Sale fee

Collects PoS fees totalling over Rs5.9 billion in the last fiscal year

Published 09 Sep, 2024 07:05pm

Business & Economy

FBR proposes 1% increase in withholding tax rates effective October 1

The withholding taxes accounted for over 70% of total direct tax revenue in FY 2023-24

Published 03 Sep, 2024 10:35am

Business & Economy

FBR collects Rs1,588b in two months; imports decline

Collected Rs593b under head of domestic income tax

Published 01 Sep, 2024 11:36pm