Sindh receives Rs441.8 billion in nine months: finance ministry

ISLAMABAD: The ministry of finance on Monday said that Sindh has received Rs441.8 billion during the first nine months of current fiscal year. Read more »

Meezan Bank posts 49 percent growth in quarterly net profit

KARACHI: Meezan Bank Limited has declared 49 percent increase in profit after tax to Rs2.85 billion for the quarter ended March 31, 2019 as compared with Rs1.19 billion in the same period... Read more »

SRB extends return filing date for telecom service providers

KARACHI: Sindh Revenue Board (SRB) has extended return filing date for telecom service providers up to May 03, 2019 for the month of March 2019. Read more »

Equity market ends down by 104 points on panic selling

KARACHI: The equity market ended down by 104 points on Monday owing to panic selling. Read more »

Rupee maintains level for 11th consecutive trading day

KARACHI: The Pak Rupee maintained level against the US dollar for the 11th consecutive trading day on Monday owing to lackluster trading activities. Read more »

FBR IR offices to remain open till 8:00pm on April 30 to facilitate return filing

ISLAMABAD: Federal Board of Revenue (FBR) on Monday directed the offices of Inland Revenue to observe extended working hours to facilitate taxpayers for filing their income tax returns and payment of duty... Read more »

April 30 last day for filing annual return; eyes on amnesty scheme for further extension

ISLAMABAD: Tomorrow April 30, 2019 is the last day for filing income tax return for Tax Year 2018, which was extended many times since the actual filing date. Read more »

Withholding tax card for dividend income, return on Sukuk: updated for Tax Year 2019

KARACHI: Federal Board of Revenue (FBR) has updated withholding tax card for Tax Year 2019 incorporating amendment made to Income Tax Ordinance, 2001 through Finance Supplementary (Second Amendment) Act, 2001. Read more »

Sales Tax Act 1990: IR officers empowered with free access to enter business premises

KARACHI: Authorized officers of Inland Revenue have access to business premises of sales tax registered taxpayers to inspect record of sales and purchases. Read more »

Pakistan, China agree on duty free access to 313 tariff lines

ISLAMABAD: Pakistan and China have signed second phase of Free Trade Agreement (FTA) under which both the countries have agreed allowing duty free access to 313 tariff lines. Read more »