Daily Archives: April 15, 2018

FBR proposed incentives for promotion of industrialization

KARACHI: Federal Board of Revenue (FBR) has been advised to allow tax credit and allowances for promoting industrialization, growth and job creation. Pakistan Business Council...

PBC suggests restoring tax credit on sales to registered person

KARACHI: Pakistan Business Council (PBC) has urged the Federal Board of Revenue (FBR) to revive tax credit on sales to registered persons for documenting...

Customs Intelligence announces auction of vehicles on April 25

ISLAMABAD: Directorate General of Intelligence and Investigation (Customs), Lahore has announced auction of confiscated vehicles schedule to be held on April 25 at State...

Three-time higher withholding tax rate suggested for non-filers

KARACHI: The Pakistan Business Council (PBC) has recommended at least three – time higher withholding tax rates for non-filers to provide incentives to filers...

FBR urged to make return filing mandatory for commercial importers

KARACHI: Federal Board of Revenue (FBR) has been urged to make return filing mandatory for commercial importers to curb massive under-invoicing. In its proposals for...

PBC recommends abolishing FTR, making withholding tax as adjustable

KARACHI: Pakistan Business Council (PBC) has recommended abolishing Final Tax Regime (FTR) and deduction of withholding tax should be treated as advance tax. In its...

Sindh to present budget 2018/2019 on May 05

KARACHI: Sindh government will present the provincial budget for fiscal year 2018/2019 on Saturday, May 05, 2018, according to a handout issued by finance...

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