Unexplained foreign remittances will be subject to tax: FBR

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday said that unexplained foreign remittances will be subject to income tax. Read more »

FBR sets 200pc penalty for offshore tax evasion

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday said the amended income tax law attract 200 percent penalty amount of tax evaded in cases of undeclared offshore assets. Read more »

FBR notifies transfers of eight BS-16 customs officials

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday notified transfers and postings of eight BS-16 officers of Customs Department with immediate effect and until further. Read more »

FBR makes mandatory purchase of immovable property through banking channel

ISLAMABAD: Federal Board of Revenue (FBR) has made mandatory the purchase of immovable property of fair market value above Rs5 million through banking channel. Read more »

Share market sheds another 76 points

KARACHI: The share marked extended losses on Tuesday after shedding another 76 points amid selling pressure. Read more »

Rupee gains 39 paisas on improved inflows

KARACHI: The Pak Rupee gained 39 paisas against dollar on Tuesday owing to improved inflows of export receipts and home remittances. Read more »