FBR enhances valuation of immovable properties in Lahore city

ISLAMABAD: Federal Board of Revenue (FBR) has increased valuation of immovable properties in Lahore for determination of income tax on sale/purchase transactions.       The FBR issued SRO 121(I)/2019 on Friday... Read more »

FBR increases valuation by 20pc for Karachi immovable properties

ISLAMABAD: Federal Board of Revenue (FBR) has increased valuation by around 20 percent for immovable properties located in Karachi. Read more »

Saudi Arabia, UAE plan huge investment in Pakistan: Razak Dawood

KARACHI: Saudi Arabia and UAE have planned huge investment in Pakistan in near future, Abdul Razak Dawood, Adivser to Prime Minister on Commerce and Textile said on Friday.     “Saudi Arabia... Read more »

KSE-100 index gains 313 points on monetary policy decision

KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) on Thursday gained 313 points on monetary policy decision. Read more »

FBR revises valuation of immovable properties

ISLAMABAD: Federal Board of Revenue (FBR) on Friday issued revised valuation of immovable properties located in various cities including Karachi, Lahore and Islamabad.     The FBR issued the new property valuations... Read more »

FBR extends date for availing audit scheme up to February 28

ISLAMABAD: Federal Board of Revenue (FBR) has extended the last date for availing audit scheme by one month to February 28, 2019.       The FBR on Friday issued Income Tax... Read more »

Foreign investors’ Pakistan business confidence index decline by 26 percent

KARACHI: Overseas Investors Chamber of Commerce and Industry (OICCI) on Friday released results of its Business Confidence Index (BCI) Survey – Wave 17, which shows that the overall Business Confidence in Pakistan... Read more »

Rupee eases on high dollar demand

KARACHI: The Pak Rupee ended down slightly against dollar on Friday owing to high demand for import and corporate payments. Read more »

FBR gets 1.81 million active taxpayers for 2017

KARACHI: The total number of active taxpayers has increased to 1.81 million for tax year 2017, according to latest weekly Active Taxpayers List (ATL) released by Federal Board of Revenue (FBR).  ... Read more »

Rupee eases in early trade

KARACHI: The Pak Rupee eased by two paisas against dollar in early trade on Friday after making strong recovery against the greenback.     The US dollar is being traded at Rs138.25... Read more »

PSX holiday notice

KARACHI: Pakistan Stock Exchange (PSX) will remain closed on February 05, 2019 on occasion of Kashmir Solidarity Day, a statement said on Friday.     The statement informed to all concerned that... Read more »

Income Tax Ordinance 2001: collection of tax from company in liquidation

KARACHI: A director of a company is jointly responsible for payment of tax due bay a company, which is in liquidation. Read more »