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FBR grants exemption on import of vintage cars

ISLAMABAD: Federal Board of Revenue (FBR) allowed duty and tax exemption on import of vintage or classic vehicle manufactured prior to January 01, 1968. A...

FBR allows Rs18bn tax exemption to IPPs business income

ISLAMABAD: Federal Board of Revenue (FBR) has allowed Rs18 billion tax exemption on business income claimed by Independent Power Producers (IPPs) during fiscal year...

ECC approves extension of PM package with Rs65bn annual relief of...

ISLAMABAD: Economic Coordination Committee of the Cabinet (ECC) on Wednesday approved extension of Prime Minister Export Package with Rs65 billion annual exemption and concessions...

Import of steel products as raw material allowed reduced duty rate

ISLAMABAD: The federal government has allowed reduced rate of customs duty on import of steel products as raw material by amending existing notification. The Federal...

Customs duty exempted on import of electric vehicles

ISLAMABAD: The government has exempted the customs duty on import of electric vehicles Completely Buildup Unit (CBU) meant for transport of persons. The Federal Board...

FBR grants Rs42.38bn duty exemption for FTA/PTA during 2017/2018

ISLAMABAD: Federal Board of Revenue (FBR) has allowed Rs42.38 billion as duty exemption, concessions for imports under Free Trade Agreements (FTAs) and Preferential Trade...

PSMA rejects duty, tax exemption to Chinese company, says it will...

KARACHI: Pakistan Steel Melters Association (PSMA) has rejected the recently issued SRO 47(I)2018, that allows controversial duty and tax exemptions to China State Construction...

FBR allows withholding tax exemption on import of Rs10,898,000 million construction...

ISLAMABAD: Federal Board of Revenue (FBR) has allowed exemption from withholding income tax to a Chinese company on import of construction material amounting up...

Communication ministry to provide details of exempted imports by Chinese companies...

ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday made it mandatory for ministry of communication to provide details of required material and goods imported...

Sales tax, customs duty withdrawn on cotton import

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Friday approved withdrawal of sales tax and customs duty on import of cotton. In a...

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