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PM commends FBR for historic tax collection of Rs4.7trillion

ISLAMABAD: Prime Minister Imran Khan has commended Federal Board of Revenue (FBR) for achieving historic level of tax revenues of Rs 4732 billion rupees during fiscal year 2020-21. In a tweet, the prime minister said this is eighteen percent higher

PM lauds FBR for achieving seven-month revenue target

ISLAMABAD: Prime Minister Imran Khan commended the Federal Board of Revenue (FBR) on achieving seven-month revenue targets for the upcoming fiscal year and launching the Track and Trace System. “I commend FBR Field Formations on achieving 7-months revenue targets by

Waqar Masood Khan appointed SAPM on Revenue

ISLAMABAD: Eminent economist Dr Waqar Masood Khan has been appointed as Special Assistant to the Prime Minister on Revenue with the status of Minister of State, it emerged today (Monday). According to a notification, the premier has been pleased to

PSX calls for rationalisation of Capital Gains Tax structure

KARACHI: Pakistan Stock Exchange (PSX) has urged the government to rationalise the Capital Gains Tax (CGT) structure in line with international best practices and reduce the rate which is currently one of the highest in the region. The bourse released

Pakistan Post’s revenue increased significantly: Murad tells NA

ISLAMABAD: Minister for Communications Murad Saeed said the revenue of Pakistan Post has significantly increased under the present government. Speaking in the National Assembly on Wednesday, the minister said the first year saw seventy percent and the second year a

Haroon Akhtar likely to be appointed as revenue adviser

ISLAMABAD: Prime Minister Imran Khan is expected to make two important appointments including a Revenue Adviser and Chairman Federal Board of Revenue (FBR) after the likely resignation of Shabbar Zaidi from the tax authority. According to sources, former Senator Haroon

Federal Board of Revenue to remove pirated software

ISLAMABAD: Since reports have circulated that an illegally downloaded version of VMware is being used by the Federal Board of Revenue (FBR), the tax authority has now announced to buy a licensed version of the software. The VMware software is

PIA expands new routes to generate revenue

KARACHI: Pakistan International Airlines (PIA) has has started implementing its new business plan to make the national airline into a profitable organisation, The national carrier has expanded its routes up to 13 to generate additional revenue and has also increased