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22nd April, 2013
Provinces humble FBR
Provincial resource mobilisation registered a sharp growth in their tax revenues, which rose by 89.7 per cent to Rs70.7 billion from Rs37.2 billion a year earlier.
Provincial resource mobilisation registered a sharp growth in their tax revenues, which rose by 89.7 per cent to Rs70.7 billion from Rs37.2 billion a year earlier.
17th April, 2013
FBR sets up two task forces
The FBR constituted two task forces to work out modalities for increasing revenue and enhancing efficiency within the tax machinery.
The FBR constituted two task forces to work out modalities for increasing revenue and enhancing efficiency within the tax machinery.
16th April, 2013
Forty per cent male, 42 per cent female NA candidates without NTNs
ECP data also indicates that 39.6 per cent of the candidates are not registered taxpayers.
ECP data also indicates that 39.6 per cent of the candidates are not registered taxpayers.
15th April, 2013
Team to visit Washington for talks with IMF, US officials
The talks will be held on the sidelines of annual spring meetings of the World Bank and IMF. The three-day meetings will begin on April 19.
The talks will be held on the sidelines of annual spring meetings of the World Bank and IMF. The three-day meetings will begin on April 19.
12th April, 2013
Revenue shortfall may go up further
Tax collection has already witnessed a shortfall of Rs356 billion during the first nine months (July-March) of the fiscal year.
Tax collection has already witnessed a shortfall of Rs356 billion during the first nine months (July-March) of the fiscal year.
9th April, 2013
Tax mode on mobile phone changed
An official press release issued on Monday stated that the tax would be deducted at source from importers of mobile phones and would be passed on to the buyers.
An official press release issued on Monday stated that the tax would be deducted at source from importers of mobile phones and would be passed on to the buyers.
7th April, 2013
Papers of Achakzai, Talal Bugti accepted conditionally
The nomination papers of PMA party chief Achakzai, JUI-F leader Hafiz Hussain Ahmed and Talal Bugti of the JWP were accepted on a conditional basis.
The nomination papers of PMA party chief Achakzai, JUI-F leader Hafiz Hussain Ahmed and Talal Bugti of the JWP were accepted on a conditional basis.
6th April, 2013
Decision on papers of 112 candidates for two NA seats tomorrow
The Provincial Election Commission has deferred till Sunday its decision to accept or reject 112 nomination papers filed for two National Assembly seats in Quetta
The Provincial Election Commission has deferred till Sunday its decision to accept or reject 112 nomination papers filed for two National Assembly seats in Quetta
1st April, 2013
Swelling fiscal deficit
When officials of finance ministry briefed caretaker Prime Minister Mir Hazar Khan Khoso last week, the key fiscal parametres of the budget strategy paper had already changed.
When officials of finance ministry briefed caretaker Prime Minister Mir Hazar Khan Khoso last week, the key fiscal parametres of the budget strategy paper had already changed.
1st April, 2013
Scrutiny fears keep many out of poll fray
Over 10,000 candidates filed the papers for 849 general seats of the national and provincial assemblies as the first phase of the electoral process was completed at Sunday midnight.
Over 10,000 candidates filed the papers for 849 general seats of the national and provincial assemblies as the first phase of the electoral process was completed at Sunday midnight.
31st March, 2013
ECP takes exception to code violation
The ECP has asked the ROs to reject the papers of candidates found in violation of the code of conduct for political parties and candidates.
The ECP has asked the ROs to reject the papers of candidates found in violation of the code of conduct for political parties and candidates.
28th March, 2013
People throng Jamrud market to buy non-custom paid vehicles
As FBR announced a tax amnesty for non-custom paid vehicles, people thronged Wazir Dhand Market to buy them.
As FBR announced a tax amnesty for non-custom paid vehicles, people thronged Wazir Dhand Market to buy them.
7th March, 2013
Election schedule to be announced after 16th, says ECP secretary
The schedule for elections will be announced a few days after the installation of a caretaker set-up, following the completion on March 16 of the NA’s term.
The schedule for elections will be announced a few days after the installation of a caretaker set-up, following the completion on March 16 of the NA’s term.
3rd March, 2013
Zero-rating for export sectors withdrawn
All the sectors outside the five zero-rated industries will continue to pay five per cent sales tax. The zero-rated industries will be allowed to claim sales tax refunds on their exports.
All the sectors outside the five zero-rated industries will continue to pay five per cent sales tax. The zero-rated industries will be allowed to claim sales tax refunds on their exports.
3rd March, 2013
Rs 609.3m paid in drawbacks to PaCCS
The FBR managed to process 34,118 or 94.8 per cent cases out of a total 36,000 pendency claims pertaining to PaCCS.
The FBR managed to process 34,118 or 94.8 per cent cases out of a total 36,000 pendency claims pertaining to PaCCS.
17th February, 2013
Govt finalises tax proposals for budget
With only about 25 days left before end of its term, the government has finalised optimistic taxation proposals for the next federal budget.
With only about 25 days left before end of its term, the government has finalised optimistic taxation proposals for the next federal budget.
7th February, 2013
FBR collection falls short by Rs65bn
The revenue collected fell to Rs1,020 billion in seven months ended Jan 31, as against the proposed target of Rs1,085bn, showing a decline of six per cent.
The revenue collected fell to Rs1,020 billion in seven months ended Jan 31, as against the proposed target of Rs1,085bn, showing a decline of six per cent.
7th February, 2013
ECP exempts institutions from ban on recruitment
The ECP has rejected the government’s plea for lifting a ban it had imposed on recruitment in all departments and on diversion of allocated developmental funds.
The ECP has rejected the government’s plea for lifting a ban it had imposed on recruitment in all departments and on diversion of allocated developmental funds.
22nd January, 2013
Provincial surpluses help contain deficit
A robust cash surplus from provinces at a record Rs293 billion helped the federal government contain consolidated fiscal deficit at about 2.4 per cent of GDP in first half of the current fiscal year.
A robust cash surplus from provinces at a record Rs293 billion helped the federal government contain consolidated fiscal deficit at about 2.4 per cent of GDP in first half of the current fiscal year.
16th January, 2013
‘FBR promoting institutionalised corruption’
FTO said that the FBR posts corrupt officers at key posts deepening the perception of institutionalised corruption in the department.
FTO said that the FBR posts corrupt officers at key posts deepening the perception of institutionalised corruption in the department.
