ISLAMABAD – In a strong move towards fairer taxation, the Senate Standing Committee on Finance has backed a proposal to tax the profits of Pakistan’s elite private clubs. These high-end ...

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed to impose tax on the income of online academies and ...

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed to impose tax on the income of online academies and teachers, those using online marketplaces in e-commerce business, as well as to ...

The Islamabad Club is very much coming in the tax net, said Muhammad Aurangzeb. The club had been built as a recreational facility for the bureaucrats and diplomats.

Atlanta’s Mercedes‑Benz Stadium buzzed with anticipation as Inter Miami and Porto - coming off respective opening match 0‑0 draws - hoped to break the deadlock at the Club World Cup.

Thirty-two teams from around the world are taking part in this year's Club World Cup. Could you point to half of them on a map? It's time to put your football and geography knowledge to the test!

FBR Chairman Rashid Langrial told the committee that it had been decided to collect tax from entertainment clubs, including the Islamabad Club. However, the committee chair opposed the move.

In the same meeting, the FBR chief also shared changes for income tax in the upcoming budget. Income up to Rs600,000 will remain tax-free. But incomes between Rs600,000 to Rs1.2 million will now ...

The FBR chairman informed the NA committee that clubs charging Rs1 million or more for membership — including the prestigious Islamabad Club — will now be brought within the income tax net.

The FBR chief said that elite recreational centres like the Islamabad Club were catering to just a few thousand people while holding billions of rupees in their bank accounts.

Union home minister Amit Shah has categorically ruled out restoring the Indus Waters Treaty with Pakistan, asserting that India will instead divert the river water for its internal use.