FBR notifies transfer, postings of 17 IRS officers

ISLAMABAD: Federal Board of Revenue (FBR) on Monday notified transfers and postings of Inland Revenue Service (IRS) officers of BS-17-19 with immediate effect and until further orders.       The FBR... Read more »

Public holiday announced on Feb 05

ISLAMABAD: The government of Pakistan has declared as Public Holiday to celebrate the “Kashmir Solidarity Day” on February 05, 2019 by all Provincial Governments including Gilgit-Baltistan, AJ&K and Islamabad Capital Territory, said... Read more »

Preliminary report on Karachi deep sea drilling submitted

KARACHI: A multinational join venture has prepared preliminary report of offshore drilling for oil and gas in Karachi ultra-deep waters. Read more »

KSE-100 gains 364 points on expected relief in mini budget

KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended with gain of 364 points owing to expected relief in advance tax and capital gain tax. Read more »

SBP launches campaign for National Financial Literary Program on January 15

KARACHI: To create awareness about the National Financial Literary Program (NFLP) and more specifically, sensitize the masses regarding the on-ground execution, a dedicated NFLP mass media campaign is being launched from January... Read more »

Rupee ends down on import demand

KARACHI: The Pak Rupee ended down by eight paisas against dollar on Monday owing to higher demand of the greenback for import and corporate payments. Read more »

Foreign investors spend over Rs20 billion in CSR activities during 2018

KARACHI: The foreign investors who are members of the Overseas Investors Chamber of Commerce and Industry (OICCI) have invested in excess of Rs20 billion during the past twelve months in the socio-economic... Read more »

Inflation increases more faster for lower income group

ISLAMABAD: The prices of essential items have increased more faster for lower income group earning up to Rs8,000 per month as compared with other income groups. Read more »

Rupee weakens against dollar in early trade

KARACHI: The Pak Rupee weakened by six paisas against dollar in early trading on Monday in Interbank Foreign Exchange Market. Read more »

Income Tax Ordinance, 2001: Commissioner IR can issue assessment order on day return filed

KARACHI: Federal Board of Revenue (FBR) has empowered Commissioner Inland Revenue (IR) to issue assessment order against a return even on the date the return is filed. Read more »