April 20, 2024

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Pakistan Revenue

Day: September 3, 2019

Two cellular companies pay $449 million as license renewal fees
Sep 3
Finance, IT & Telecom

Two cellular companies pay $449 million as license renewal fees

ISLAMABAD: The government has received $449 million from two cellular companies as license renewal fees. “The government of Pakistan has received payment amounting to $224.6 million and Rs 35.262 billion (equivalent of $224.6 million) from two cellular companies respectively as their license renewal fee,” says a press statement issued by the Ministry of Finance on […]

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Pakistan, Saudi Customs to exchange intelligence based information
Sep 3
Pakistan Customs

Pakistan, Saudi Customs to exchange intelligence based information

ISLAMABAD: The customs authorities of Pakistan and Saudi Arabia have agreed to further explore intelligence based information to strengthen mutual cooperation. A five-member delegation of Saudi Customs Authority visited Federal Board of Revenue (FBR), to discuss various matters of mutual interest and assistance, a statement said on Tuesday. The Saudi Customs delegation was headed by […]

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Floating rate of PIBs to be auctioned: SBP
Sep 3
Taxation

Floating rate of PIBs to be auctioned: SBP

KARACHI: State Bank of Pakistan (SBP) on Tuesday announced that floating rate of Pakistan Investment Bonds (PIBs) will be auctioned. The central bank sand that it had issued detailed guidelines on May 07, 2018 through a notification under which details of Floating Rate PIBs have been specified. Government of Pakistan (GOP) has decided that Floating […]

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Rupee ends unchanged
Sep 3
Money & Banking

Rupee ends unchanged

KARACHI: The Pak Rupee ended unchanged against dollar on Tuesday amid demand for import and corporate payments. The rupee ended Rs156.63 to the dollar, same previous day’s closing in interbank foreign exchange market. Currency experts said that the rupee value was stable despite demand for import and corporate payments. The foreign currency market was initiated […]

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Countdown begins for tax year 2019 return filing
Sep 3
Taxation

Countdown begins for tax year 2019 return filing

KARACHI: Federal Board of Revenue (FBR) has given less than a month to taxpayers for filing income tax return and wealth statements for tax year 2019. The FBR on Monday issued finalized income tax return forms form salaried persons, business individuals and Association of Persons (AOPs). The last date for filing income tax returns and […]

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