ISLAMABAD: Amid an ongoing wheat flour crisis, Prime Minister Imran Khan ordered a high-level inquiry on Wednesday ...
Mubarak Zeb Khan
Demand for tax exemption on local sales of export-oriented sector not justifiable, says Shabbar Zaidi.
ISLAMABAD: Prime Minister Imran Khan on Monday urged traders to play their part in the country’s prosperity ...
The upward trend in non-textile products shows exports from these sectors have rebounded in the ongoing fiscal year.
Decision comes as part of compliance with FATF recommendations.
Between July and November, the big industry output declines 5.93pc on a yearly basis.
Convenes a meeting of relevant ministries on January 18.
So far tax evaders have been detected in Karachi, Faisalabad, Lahore and Multan.
The premier further orders that these targets should be reviewed on a quarterly and half-yearly basis.
The FBR collection grew by 16.4 per cent in the first half of this fiscal year.
Wide-ranging agreements being hammered out; traders to help locate new tax filers.
Nausheen Javaid Amjad takes over as acting chairman of the FBR after Shabbar Zaidi applies for a 15-day leave.
Data shows that higher food prices have been the largest driver in overall inflation over the previous month.
Ordinance was notified on Dec 28 but released to media on Jan 1.
Says each dollar not earned by the revenue authority will have to be borrowed.
Tax return filing date extended till Jan 31, 2020.
ECC allows import of cotton from Afghanistan and Central Asian states via Torkham land route.
The tax rate concessions have been offered in a deal between the Federal Board of Revenue and traders.
The gang is operating through various cities and issuing sales tax invoices without any physical movement of goods.
The raise will put an additional burden of Rs14.50 billion on electricity consumers.