FBR set to launch door-to-door survey to identify tax evaders

ISLAMABAD: Federal Board of Revenue (FBR) will launch a door-to-door survey for identifying potential tax evaders to broaden the tax base, a report issued by ministry of finance said. Read more »

World Bank advises Pakistan for urgent water reforms to get economic, social benefits

ISLAMABAD: The World Bank has advised Pakistan for urged reforms to improve water use efficiency and service delivery to get more economic, social and environmental benefits from its water, subject to urgent... Read more »

FBR reshuffles BS-19-20 Customs officers; notifies 44 transfers

ISLAMABAD: Federal Board of Revenue (FBR) on Monday notified transfers and postings of 44 officers of Pakistan Customs Service (PCS) in BS-19-20 with immediate effect until further orders. Read more »

FBR notifies transfer, postings of BS-20-21 IRS officers

ISLAMABAD: Federal Board of Revenue (FBR) has notified transfer and postings of senior officers of Inland Revenue Service (IRS) of BS-20-21 with immediate effect and until further orders. Read more »

Equity market climbs up by 500 points on foreign inflows report

KARACHI: The equity market climbed up by over 500 points on Monday owing to positive reports of foreign inflows from friendly countries. Read more »

Rupee sheds five paisas against US dollar

KARACHI: The Pak Rupee fell by five paisas against US dollar on Monday due to higher demand for import and corporate payments. Read more »

FBR issues SROs to withdraw additional, customs duty on import of cotton

ISLAMABAD: Federal Board of Revenue (FBR) has exempted customs duty and additional customs duty on import of cotton for the period of February 01 to June 30, 2019. Read more »

Commerce ministry adds non-textile product to claim drawback

ISLAMABAD: The ministry of commerce has issued corrigendum to SRO 711(I)/2018 dated June 08, 2018 and added another meat product for allowing non-textile drawback of duty and taxes.     The ministry... Read more »

Rupee depreciates by 7 paisas against dollar in early trade

KARACHI: The Pak Rupee depreciated by seven paisas against dollar in early trade on Monday owing to higher demand on the first day of the week and public holiday announced by the... Read more »

Income Tax Ordinance 2001: Recovery from persons holding money of taxpayer

KARACHI: Federal Board of Revenue (FBR) or its offices have been empowered under the law to recovery tax from a person, who is holding money of a taxpayer. Read more »