KARACHI: The government has withdrawn the five percent minimum tax applicable on importer of finished goods.
January 23, 2019
KARACHI: The government has empowered Commissioner of Inland Revenue, Federal Board of Revenue (FBR) to make assessment orders of past ten tax years where undisclosed offshore assets discovered.
KARACHI: Federal Board of Revenue (FBR) will notify special procedure for payment of taxes and filing returns by small traders and shopkeepers.
KARACHI: The government has provided relief to investors of stock exchange by allowing carry forward the losses for three years on disposal of securities.
KARACHI: The tax on undistributed profits will not be applicable beyond tax year 2019 as limit has been introduced through Finance Supplementary (Second Amendment) Bill, 2019 presented in the National Assembly on Wednesday.
ISLAMABAD: Finance Minister Asad Umar on Wednesday presented economic reform package for promoting investment and exports.
KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) gained 156 points on Wednesday on expected positive outcome of mini-budget scheduled to be announced today.
KARACHI: Pakistan Stock Exchange (PSX) on Wednesday directed the stock brokers to submit clients’ assets segregation statement duly verified by the statutory auditor.
KARACHI: The Pak Rupee ended unchanged to the dollar in interbank foreign exchange market on Wednesday due to cautious trading ahead of mini-budget announcement.
ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday launched first Urdu version of Customs Act, 1969 for the facilitation of traders and business community.
KARACHI: Federal Board of Revenue (FBR) has said that the minimum tax shall apply to income of certain taxpayers including individuals and corporate entities.
KARACHI: German Consul General Eugen Wollfarth opened the trading at Pakistan Stock Exchange (PSX) on Wednesday by ringing traditional bell.