Tax net

We are working day and night to end tax evasion by the elite, says Shehbaz Sharif

Shehbaz Sharif chairs a four-hour-long review meeting focused on FBR reforms and digitisation

Call for reforms to curb expenses, widen tax net, privatise loss-making SOEs

Experts at a workshop emphasised need for national economic documentation to drive tax reforms and widen tax net

Provincial minister pledges relief for farmers in budget

Over 22 taxes to be enforced in ex-FATA, Malakand

Vows to enforce tax and prevent tax evasion from this sector

Tarin wants to tighten noose around traders in next month budget

Major levy contribution was witnessed from telecom sector

Stresses need for formulating proposal for liaison between NADRA, FBR

Finance ministry denies global lender has agreed to downward revision

Tax authorities have proposed amendments to Incom Tax Rules 2002

Tells commerce adviser to facilitate in expo centre construction

Directs FBR chairman to hold meeting with businessmen to resolve issues

Decision made to curb money laundering and terror financing in line with FATF action plan

Businessmen with an annual turnover of Rs100m will have to pay 0.5% instead of 1.5% tax

Traders, retailers under tier-1 may face fines for not registering with FBR's system

Resort to cost-cutting measures such as layoffs, closure of outlets

Assures dealers issues will be raised at federal level

FBR to extend scope of Invoice Monitory System nationwide

They had been set up in major cities to trace people outside of tax net

Final decision to be made after FBR-Parliamentary Affairs consultations

Unveils drafts of simplified income tax returns to address concerns

Will launch crackdown against people who have undeclared assets on July 1

Draft of soon-to-be-released FBR report states 116 parliamentarians had not filed income tax returns in 2016

Says stakeholders consulted widely to make new budget friendly

The FBR had started issuing notices to the builders and developers

Some two million small farmers would benefit from the scheme

Poor consumers suffer as every businessperson adds WHT to his cost

Says despite some favourable aspects, additional levies nullify all benefits

FBR chief says businessmen should take initiative and help resolve pending issues