Expenses on scientific research against tax liability
Section 26 of Income Tax Ordinance, 2001 has allowed a deduction for scientific research expenditure incurred in Pakistan in a tax year. The Federal Board of Revenue (FBR) issued the Income […]
Pak Rupee to Saudi Riyal on July 29, 2021
KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on July 29, 2021: Buying: Rs 42.50 to […]
Pak Rupee to UAE Dirham on July 29, 2021
KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on July 29, 2021: Buying: Rs 43.50 to […]
Pak Rupee to Euro on July 29, 2021
KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on July 29, 2021: Buying: Rs 188 to the […]
Pak Rupee to UK Pound on July 29, 2021
KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on July 29, 2021: Buying: Rs 221 […]
Pak Rupee to US Dollar on July 29, 2021
KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on July 29, 2021: Buying: Rs 161.50 to […]
Tax treatment of pre-commencement expenditure
Section 25 of Income Tax Ordinance, 2001 has allowed a deduction for any pre-commencement expenditure for income tax calculation. The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 […]
Google announces vaccine requirement for its officials
Google is the first big tech company to announce a vaccine requirement for returning to its offices. The decision may push other tech companies to follow with similar moves. Google […]
Get $100 for coronavirus vaccination
New York City Mayor Bill de Blasio has announced to pay $100 for people to get vaccinated against the coronavirus. New Yorkers, who get their first vaccine dose, starting Friday […]
FBR launches single identifier number for all taxes
ISLAMABAD: Federal Board of Revenue (FBR) has launched a single identifier number for all domestic taxes, a statement said on Wednesday. A taxpayer – as an individual – can use […]