FBR to implement new valuations of immovable properties from July 01

ISLAMABAD: Federal Board of Revenue (FBR) has issued draft valuation of immovable properties for various cities, which will be applicable from July 01, 2019. Read more »

FBR to launch crackdown against benami properties from three major cities

ISLAMABAD: Federal Board of Revenue (FBR) will launch major crackdown against Benami assets from three major cities including Islamabad, Karachi and Lahore, a statement said on Friday. Read more »

Rupee gains 13 paisas against dollar

KARACHI: The Pak Rupee gained 13 paisas against dollar on Friday owing to improved inflows of remittances and lower demand for import payments. Read more »

NCCPL to collect capital gain tax on disposal of securities on June 28

KARACHI: National Clearing Company of Pakistan Limited (NCCPL) on Friday announced that it will collect Capital Gain Tax (CGT) on disposal of securities for the month of May on June 28, 2019. Read more »

Owners of undeclared 13,193 luxury vehicles warned of harsh punishment

KARACHI: Federal Board of Revenue (FBR) has warned the owners of luxury motor vehicles of harsh punishment in case they are remained non compliant and failed to declare these vehicles under Asset... Read more »

Untaxed money, assets will find no hiding: CCIR RTO-II

KARACHI: People will find no place to conceal their untaxed money from next month as Federal Board of Revenue (FBR) planned a comprehensive plan to bring all taxable income into tax net,... Read more »