Sindh Revenue Board introduces e-hearing for taxpayers facilitation
KARACHI: Sindh Revenue Board (SRB) has introduced e-hearing of appeals in order to provide facilitation to taxpayers of Hyderabad and Sukkur regions.
January 29, 2019
Circular Debt: ECC allows raising Rs200 billion Islamic term finance facility
ISLAMABAD: Economic Coordination Committee (ECC) of the Cabinet on Tuesday allowed for raising Islamic Term Finance Facility of Rs200 billion for resolving circular debt issue.
FPCCI welcomes decision for making Torkham Border operational
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has welcomed the government decision for making Torkham Border operational around the clock.
KSE-100 gains 204 points amid selling pressure
KARACHI: The equity market gained 204 points on Tuesday amid selling pressure in blue chips.
Rupee strengthens by 10 paisas against dollar
KARACHI: The Pak Rupee ended with gain of 10 paisas against dollar on Tuesday due to inflows under financial assistance and lower demand from imports. The rupee ended Rs138.65 to the dollar from…
SBP stresses urgent need to initiate structural reform in economy
KARACHI: The State Bank of Pakistan (SBP) on Tuesday stressed urgent need to initiate structural reform in the economy.
FBR issues procedure for regularization of unregistered mobile devices
ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday issued procedure for the regularization of unregistered mobile devices with SIM/IMEI functionality.
UBL surrenders New York Branch license
KARACHI: United Bank Limited (UBL) has informed the Pakistan Stock Exchange (PSX) on Tuesday that it has surrendered its New York branch license to the New York State Department of Financial Services (NYDFS) on January…
Rupee makes significant gain against dollar in early trade
KARACHI: The Pak Rupee made significant gains against dollar in early trade on Tuesday owing to narrowing current account deficit and inflows of foreign assistance, dealers said.
Eliminating all tax exemptions, concessions planned
KARACHI: The government considering to withdraw all types of tax exemptions and concessions during next few years.
Income Tax Ordinance 2001: Due date for payment of tax
KARACHI: Federal Board of Revenue (FBR) has explained the due date for payment of tax under Section 137 of Income Tax Ordinance, 2001.
Repatriation of profit, dividend by foreign companies in Pakistan surges by 58 percent
KARACHI: The repatriation of profit and dividends by foreign companies operating in Pakistan has increased sharply by 58 percent during first half of current fiscal year, according to statistics released by State Bank of Pakistan…