Business & Finance - Taxation

Sindh E&T department collects Rs 68.94 billion

Sindh E&T department collects Rs 68.94 billion

KARACHI: Sindh Excise and Taxation Department on Saturday claimed to have collected Rs68.94 billion by the end of May. According to details, the Sindh Excise...

Farmers’ bodies oppose increasing advance tax on tobacco

Farmers’ bodies oppose increasing advance tax on tobacco

ISLAMABAD: Seven leading associations of farmers and labour industry from the Khyber-Pakhtunkhwa have approached Prime Minister Imran Khan to avert a major attempt of the...

Juice industry: FBR considering abolishing or reducing 5 percent FED

Juice industry: FBR considering abolishing or reducing 5 percent FED

ISLAMABAD: The Federal Board of Revenue (FBR) is seriously considering a budget proposal of fruit drinks and juice industry to abolish or reduce five percent...

FBR’s directives

FBR’s directives

ISLAMABAD: The Federal Board of Revenue (FBR) Thursday directed field formations that the Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs) would remain open

Juice industry: FBR considering abolishing or reducing 5 percent FED

Juice industry: FBR considering abolishing or reducing 5 percent FED

ISLAMABAD: The Federal Board of Revenue (FBR) is seriously considering a budget proposal of fruit drinks and juice industry to abolish or reduce five percent...

FBR’s directives

FBR’s directives

ISLAMABAD: The Federal Board of Revenue (FBR) Thursday directed field formations that the Large Taxpayer Units (LTUs) and Regional Tax Offices (RTOs) would remain open

Activists propose Rs 20 increase in FED on cigarettes

Activists propose Rs 20 increase in FED on cigarettes

ISLAMABAD: Anti-tobacco activists have proposed Ministry of Finance at least Rs 20 increase in the Federal Excise Duty (FED) on cigarettes under different FED slabs/tiers...

Unmanufactured tobacco: Advance tax only applicable on manufacturers

Unmanufactured tobacco: Advance tax only applicable on manufacturers

ISLAMABAD: The advance tax on unmanufactured tobacco is only applicable on manufacturers, and has nothing to do with the growers, and the Federal Board of...

Un-manufactured tobacco: FBR, MNAs divided over increase of advance tax

Un-manufactured tobacco: FBR, MNAs divided over increase of advance tax

ISLAMABAD: The Federal Board of Revenue (FBR) and members of the National Assembly Special Committee on Agricultural Products were divided over the increase of advance...

FBR unlikely to achieve Rs3.908trn revised tax target

FBR unlikely to achieve Rs3.908trn revised tax target

The Federal Board of Revenue (FBR) will not be able to meet the revised target of Rs 3.908 trillion for 2019-20 even after the resumption...

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