Aaj News

Business & Economy

Salaried class major contributor to withholding tax payments

Major contributors to domestic sales tax during this period included electrical energy

Published 02 Mar, 2025 12:49pm

Business & Economy

FBR recovers Rs23b in windfall tax revenue

FBR managed to recover full amount ‘in just one day from such banks’

Published 24 Feb, 2025 01:19pm

Business & Economy

Government plans to cut electricity tariff by Rs8 to Rs10 per unit: sources

IMF review mission is scheduled to arrive in Pakistan next month

Published 21 Feb, 2025 02:11pm

Business & Economy

Aurangzeb seeks inclusion of undocumented economy in tax system to end ‘free riders’

Finance minister says retail sector accounts for 19% of total GDP

Published 20 Feb, 2025 03:22pm

Business & Economy

Govt withdraws key powers from FBR in compliance with IMF demands

Decision aims to enhance transparency, efficiency within the tax system

Published 15 Feb, 2025 11:04am

Business & Economy

Reasonable tax will be imposed on wholesalers, retailers, traders: adviser to finance minister

Khurram Schehzad says there were many irregularities in pensions

Updated 09 Feb, 2025 11:43pm

Pakistan

Ajrak number plates to be mandatory in Sindh starting April 3

Excise department would assist by maintaining records of outstanding challans

Published 25 Jan, 2025 11:45am

Pakistan

FBR reshuffles over 40 senior officers in major administrative changes

Reshuffle includes key positions across various departments

Published 15 Jan, 2025 11:12am

Business & Economy

Karachi tops as Pakistan’s leading tax contributor in FY24

Karachi's contributions exceeded those of other major cities

Published 08 Jan, 2025 01:07pm

Business & Economy

FBR seeks data from 17 foreign countries to fight tax evasion

FBR is ensuring that MNCs report financial activities across different jurisdictions

Published 07 Jan, 2025 08:58am

Business & Economy

Senate Standing Committee on Finance approves tax laws amendment bill

Committee forms subcommittee to address solar scandal

Updated 26 Dec, 2024 05:31pm

Business & Economy

Rental income, capital gains from UAE and UK exempted from taxes in Pak

The assessing officer responded by issuing a show cause notice

Published 23 Dec, 2024 09:21am

Pakistan

FBR to share tax return data with banks under new law

FBR can share income, turnover, bank account numbers, wealth and financial statements

Published 19 Dec, 2024 09:50am

Business & Economy

FBR imposes withholding tax on wedding events

A percentage of withholding tax will also be charged on the booking of any event

Published 06 Dec, 2024 07:30pm

Business & Economy

New car tax changes loom for owners of older vehicles in UK

Among such changes is unexpected freeze on previously announced five pence per litre fuel duty reduction

Published 03 Dec, 2024 05:54pm

World

Trump nominates Scott Bessent as Treasury Secretary

Decision comes after intense deliberations

Published 23 Nov, 2024 11:35am

Business & Economy

AGPR overhauls tax adjustment system for salaried workers, pensioners

Move is designed to eliminate the cumbersome refund processes that have long plagued taxpayers

Published 19 Nov, 2024 05:41pm

Business & Economy

Risk of Rs500b mini-budget looms as govt fails to meet IMF demands

Sources say Pakistan will have to present two to three mini-budgets

Published 02 Nov, 2024 06:22pm

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 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

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

Pakistan

NHA to increase toll taxes from today

The toll hikes will impact several major routes

Published 01 Oct, 2024 09:52am

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

Business & Economy

IMF urges Pakistan to sustain reform implementation, broadens tax base

IMF highlighted the necessity of continuous program execution

Published 28 Sep, 2024 01:31pm

Pakistan

Tax experts predict extension in 2024 income tax return filing deadline

A possible extension until October 31, 2024, or a 15-day grace period may be granted.

Published 27 Sep, 2024 12:17pm

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