PM Khan’s sister penalised over undeclared Dubai property
Prime Minister Imran Khan’s sister Aleema Khan was penalised on her undeclared property in Dubai after which she paid half of the total cost to the tax authorities, a local media outlet…
FBR detects Rs522m tax theft
An initial investigation is also underway to discover similar units, with the sources suggesting that more people may be availing a zero-rating facility to obtain a sales tax exemption through the registration…
Govt fails to trace 150 named in Panama Papers due to ‘incomplete particulars’
–Assets Recovery Unit briefs PM on details of traced properties, assets abroad ISLAMABAD: Minister of State for Finance, Revenue and Economic Affairs Hammad Azhar on Friday informed the National Assembly that notices had…
Bahawalnagar man wakes up to ‘ownership’ of four textile mills
In what appears to be the latest episode in the series of money laundering cases emerging across the country, a resident of Bahawalnagar on Saturday turned out to be the owner of four…
FBR clutches multimillionaire govt employee over alleged tax evasion
Sindh Health Ministry’s naib qasid (peon) who was found to be the owner of a company worth millions came under the Federal Bureau of Revenue’s (FBR) watch for tax evasion, a private…
Economic policies of PTI govt have failed: Khursheed Shah
SUKKUR: Senior leader of the Pakistan People’s Party (PPP) and former opposition leader in the National Assembly Khursheed Shah said that the Pakistan Tehreek-e-Insaf (PTI) government has failed in its economic policies and…
450 Pakistanis admit to owning properties in Dubai: report
As many as 450 Pakistanis have admitted to own properties in Dubai in response to a notice sent by a Supreme Court-constituted committee, media reports said Thursday. The committee sent notices to…
CJP dissatisfied with FBR’s performance
ISLAMABAD: Chief Justice of Pakistan Mian Saqib Nisar on Thursday showed dissatisfaction at the performance of the Federal Board of Revenue (FBR). The top judge while hearing different cases showed dissatisfaction over…
FBR issues circular regarding relief given to salaried individuals in current budget
ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday issued circular regarding the relief given to salaried class persons in the current fiscal year budget. According to the notification, the persons with an annual…
Cabinet set to approve forensic audit of all mass transit systems
–Lahore’s Metro Bus & Orange Line Train, Karachi’s Green Line, BRT of Peshawar to come under scanner –Assets Recovery Unit on top agenda in PM Khan-led cabinet meeting ISLAMABAD: The federal cabinet is…
Cigarette firms improved sales, reduced tax by three-tier tax system: NAB inquiry
An initial inquiry undertaken by the National Accountability Bureau (NAB) revealed that the three-tier tax system allowed multinational cigarette companies to increase sales and pay reduced excise duties. NAB also alleged that…
Govt to present eight-month budget in October
LAHORE: The Punjab government will present an eight-month budget for the ongoing fiscal year in October. Instructions, in this regard, have been issued to the finance department, besides summoning resource mobilisation committee meetings…
FBR officers enraged over appointment of Jahanzaib Khan as new chairman
LAHORE: The appointment of Muhammad Jahanzaib Khan as the new chairman of the Federal Board of Revenue (FBR) has created another controversy within the department as all the senior officers have denied…
PTI to empower NAB, FBR: presidential nominee Arif Alvi
ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) candidate for the office of president Arif Alvi has said that his party will ensure good governance in the country besides working to bring reforms in NAB and FBR.…
FBR launches investigation against citizens holding immovable property in UK
ISLAMABAD: An investigation against Pakistanis owning immovable property in the United Kingdom (UK) has begun, Federal Board of Revenue (FBR) Chairperson Rukhsana Yasmin said on Monday. “The investigation is being conducted against those…
FBR receives detail of Dubai properties owned by Pakistanis
ISLAMABAD: Federal Board of Revenue (FBR) has declared that it has received detailed information about secret properties and income of Pakistanis in Dubai. As per media reports, regarding this matter, a senior FBR official…
FBR announces it has info about immovable assets in UK
ISLAMABAD: The Federal Board of Revenue (FBR) announced that it has information regarding immovable properties in the United Kingdom (UK) and would move against Pakistani citizens who own it. An FBR statement…