Payment for clearance of imported vehicles facilitated

KARACHI: Imported vehicles can be cleared at customs stage by paying duty and taxes through foreign remittances received in the account of family members of sender. Read more »

FBR proposes retaining machinery for five years by EPZ investors for duty, tax free disposal

KARACHI: Federal Board of Revenue (FBR) has proposed retaining period of machinery to five years imported by exporters for disposing of without duty and taxes. Read more »

FBR directs banks to provide details of depositors receiving Rs500,000 as profit on debt per year

KARACHI: Federal Board of Revenue (FBR) has directed banks to provide details of all those persons receiving interests above Rs500,000 in a year on their deposits. Read more »

Weekly Review: Stock market likely range bound on monetary policy announcement

KARACHI: The stock market to remain range bound next week. Investors are expected to have a cautious stance keeping in view monetary policy announcement on July 16, 2019, analysts at Arif Habib... Read more »

FBR taking all measures to broaden tax base: Shabbar Zaidi

ISLAMABAD: Syed Shabbar Zaidi, Chairman, Federal Board of Revenue (FBR) has said that the government is taking all measures to broaden the tax base without hurting any sector of the economy. Read more »