Shaukat Tarin assures wealth reconciliation Statement waiver for first time home buyers

Shaukat Tarin assures wealth reconciliation Statement waiver for first time home buyers

Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin has assured land developers that the federal government will extend the exemption on wealth reconciliation statement for first-time home buyers beyond Dec 31. Speaking…

Read More
Shaukat Tarin Profile

Shaukat Tarin Profile

Shaukat Fayyaz Ahmed Tarin was born in 1953. He is a Pakistani banker who served as Finance Minister of Pakistan from 2008 to 2010 in the Gillani Cabinet. On 16 April 2021, he was appointed as…

Read More
Shaukat Tarin warns Tax defaulters of action after third-party audit

Shaukat Tarin warns Tax defaulters of action after third-party audit

Federal Minister for Finance and Revenue Shaukat Tareen has warned that if any error is found after a third party audit, it will result in the launch of an investigation and penal action. “In this…

Read More
Shaukat Tarin seeks time to present budget for Fiscal Year 2021-2022

Shaukat Tarin seeks time to present budget for Fiscal Year 2021-2022

Minister for Finance Shaukat Tarin has sought more time from the National Assembly speaker for presenting the annual budget for fiscal year 2021-22. According to media reports, the speaker’s chamber had contacted Shaukat Tarin and…

Read More
Tarin Directs FBR to Settle Sales Tax Refunds of Pharmaceuticals Industry

Tarin Directs FBR to Settle Sales Tax Refunds of Pharmaceuticals Industry

Federal Minister for Finance and Revenue, Shaukat Tarin, held a meeting with a delegation of the Pakistan Pharmaceuticals Manufacturing Association (PPMA) headed by its chairman Qazi M. Mansoor Dilawar at the Finance Division. Chairman of…

Read More
Tax Experts termed Tarin’s claim on mini budget as ‘Joke of the Year’

Tax Experts termed Tarin’s claim on mini budget as ‘Joke of the Year’

Shaukat Tarin’s Logic on Mini Budget Federal Minister for Finance and Revenue, Shaukat Tarin, has ruled out the speculations, being expressed by many, that the supplementary finance bill will cause an increase in inflation. Addressing a press conference, jointly…

Read More
Tarin hints at upcoming mini budget under an agreement with IMF

Tarin hints at upcoming mini budget under an agreement with IMF

Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin on Friday said that the government is bringing a ‘mini budget’ next week under an agreement with the International Monetary Fund (IMF). Shaukat Tarin…

Read More
No new taxes But exemptions will be withdrawn in mini budget, Tarin says

No new taxes But exemptions will be withdrawn in mini budget, Tarin says

Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin on Friday said the government will not impose any new taxes in the upcoming ‘mini budget‘, but it will withdraw some tax exemptions given…

Read More
FBR Revises Property Valuation Rates of Immovable Properties in 40 Cities

FBR Revises Property Valuation Rates of Immovable Properties in 40 Cities

The Federal Board of Revenue (FBR) has revised the property valuation rates of immovable properties. FBR has reduced the property rates in 40 cities from March 1, 2022, by bringing down the irrational high market…

Read More
FBR Launched ‘Automated Currency Declaration System’

FBR Launched ‘Automated Currency Declaration System’

The Federal Board of Revenue (FBR) in collaboration with the Federal Investigation Agency (FIA) and the Nadra on Tuesday launched the ‘Automated Currency Declaration System’ (ACDS) for real time recording of foreign currency transactions /…

Read More