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  Customs launches new interactive web site to facilitate business

  Staff Correspondent | Updated at 10:51pm on September 20, 2017

  The National Board of Revenue on Wednesday launched an interactive website for customs as an online database of information, rules, regulations, forms, documents related to...

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  HC asks govt to explain why 2.5pc surcharge on tobacco products

  Staff Correspondent | Updated at 08:06pm on September 20, 2017

  The High Court on Wednesday asked the government to explain why its decision of imposing 2.5 per cent surcharge on the income from the tobacco...

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  NBR decides to withdraw VAT on industrial mould at production level

  Staff Correspondent | Updated at 10:44pm on September 18, 2017

  The National Board of Revenue has decided to exempt entrepreneurs from paying value-added tax on production of industrial mould to facilitate industrialisation...

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  NBR begins today drive against eateries, beauty parlours

  Staff Correspondent | Updated at 12:09am on September 17, 2017

  The National Board of Revenue begins today a special survey of hotels, restaurants, fast food shops, guest houses and beauty parlours running business in the...

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  NBR mulls halting income tax file audit for few days

  Staff Correspondent | Updated at 10:14pm on September 14, 2017

  The National Board of Revenue is contemplating to keep suspended audit of income tax files for some periods to its impact on revenue collection following...

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  NBR withdraws VAT on LPG cylinder import

  Staff Correspondent | Updated at 10:03pm on September 14, 2017

  The National Board of Revenue has exempted importers of LPG cylinder made of iron and steel from paying value-added tax following a plea made by...

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  NBR, BABT at loggerheads over budgetary measures on taxation

  Jasim Uddin | Updated at 10:26pm on September 12, 2017

  The key budgetary measures on tobacco taxation has remained unimplemented even after two and half months of adopting it in the national budget for the...

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  No tax exemption on incomes not shown in original returns

  Staff Correspondent | Updated at 09:59pm on September 11, 2017

  Taxpayers will not be able to enjoy tax exemption or reduction in rate on any eligible amount that appear in the revised or amended income...

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  NBR withdraws export tax for EPZ tobacco factories

  Staff Correspondent | Updated at 09:34pm on September 07, 2017

  The National Board of Revenue has withdrawn export duty on tobacco products for the factories located at the country’s export processing zones, sparking criticisms among...

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  Pvt sector employers must ensure employees’ return submission

  Jasim Uddin | Updated at 09:43pm on September 06, 2017

  Private employers will not get tax benefit on salary expenses from December and onwards against the employees who will not submit income tax returns despite...