IMF to provide $6 billion to Pakistan under 39-month Extended Fund Arrangement

KARACHI: International Monetary Fund (IMF) will provide $6 billion under 39-month extended fund facility (EFF) to Pakistan, a statement said on Sunday. In response to a request by the Pakistani authorities, an... Read more »

FBR suggested to abolish FTR for commercial importers

KARACHI: Federal Board of Revenue (FBR) has been suggested to abolish Final Tax Regime (FTR) for commercial importers and other segment of the economy in order to make the taxation system equitable. Read more »

FBR recommended imposing environmental tax on industries producing polluting materials

KARACHI: Federal Board of Revenue (FBR) has been suggested to impose environmental tax on industries producing non-renewable and polluting materials. Read more »

ACCA opposes tax amnesty, recommends enforcement on available information

KARACHI: Association of Chartered Certified Accountants (ACCA) Pakistan has opposed tax amnesties and suggested the tax machinery to use available information with proper enforcement. Read more »

Ufone wins silver trophy at Effie Awards

KARACHI: Ufone has been awarded with a prestigious silver trophy at the Effie Pakistan Awards 2019, in the category of ‘Sustained Success’ for its Super Card Communication Campaigns. Read more »

SRB suspends sales tax registration of M/s. Hellenic Shipping Agencies

KARACHI: Sindh Revenue Board (SRB) has suspended sales tax registration of M/s. Hellenic Shipping Agencies (Pvt) Limited for non-payment and non-compliance of return filing for the last eight years. Read more »