PM reviews arrangements on visit of Saudi Crown Prince

ISLAMABAD: Prime Minister Imran Khan on Thursday chairs high level preparatory meeting on the visit of Saudi Crown Prince Mohammad Bin Salman. Read more »

CPEC’s next stage to focus on buy more from Pakistan

ISLAMABAD: China will focus on more investment and buy more from Pakistan in the next stage of CPEC, said Chinese Ambassador Yao Jing, who called on Prime Minister Imran Khan on Thursday. Read more »

Pakistan foreign exchange reserves increase to $14.895 billion

KARACHI: Pakistan’s foreign exchange reserves have increased by $10 million to $14.895 billion by week ended February 08, 2019 as compared with $14.885 billion a week ago, State Bank of Pakistan (SBP)... Read more »

FBR assigns first posting to 40 probationary IRS BS-17 officers

ISLAMABAD: Federal Board of Revenue (FBR) has assigned first posting to 40 probationary officers of Inland Revenue Service (IRS) BS-17 on completion of training from Directorate General of Training and Research (IR),... Read more »

PTCL converting exposures in local currency after Rs323 million exchange loss

KARACHI: Pakistan Telecommunication Company Limited (PTCL) has decided to convert its exposures into Pak Rupee instead of US dollar. Read more »

SRB suspends sales tax registration of logistic company for short payment

KARACHI: Sindh Revenue Board (SRB) on Thursday suspended sales tax registration of a logistic company for depositing short payment. Read more »

KSE-100 index ends down on profit taking

KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended down on Thursday owing to profit taking in various scrips. Read more »

Rupee ends flat on lackluster dollar demand

KARACHI: The Pak Rupee ended flat against US dollar on Thursday amid lackluster demand for import and corporate payments. Read more »

Return filers entitled to many reductions, rebate and credits under tax law

ISLAMABAD: Income tax return filers are entitled to various tax reductions, rebates and credits while declaring their income for a tax year, according to a facilitation guide of Federal Board of Revenue... Read more »

SBP directs banks to display contact details to facilitate customers

KARACHI: State Bank of Pakistan (SBP) on Thursday directed all banks to display prominently contact details to facilitate customers in case of complaints and other issues. Read more »

Income Tax Ordinance 2001: requirement of wealth statement

KARACHI: A taxpayer is required to submit wealth statement along with annual income return. Federal Board of Revenue (FBR) recently updated Income Tax Ordinance, 2001 and explained the requirement of wealth statement... Read more »

Rupee gains in early trading on investment announcement

KARACHI; The Pak Rupee gained two paisas against US dollar in early day trading on Thursday on the announcement of huge investment by Saudi government. Read more »