FBR notifies promotion of IR officers to BS-16
ISLAMABAD: Federal Board of Revenue (FBR) on Thursday notified promotions of steno-typists and supervisors/head clerks of Inland Revenue Department to BS-16 with immediate effect.
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Investment in registered prize bonds surges by 30pc
ISLAMABAD: The investment into premium prize bonds of Rs40,000 has registered significant increase of 30 percent owing to attractive avenue for persons having legitimate money.
Income Tax Ordinance 2001: return filers can claim tax adjustment paid on educational fee
KARACHI: Income tax return filers can claim adjustment of advance tax paid on educational fee.
Credit Suisse-led consortium approved as financial consultants for RLNG power plants privatization
ISLAMABAD: The government has accorded approval to a consortium led by Credit Suisse to act as financial consultants for the privatization of the RLNG power plants.
PTCL promotes digital billing to save environment
KARACHI: In an effort to save environment, Pakistan Telecommunication Company Limited (PTCL) has urged its customers to opt for digital billing instead of monthly paper bills. A statement on Wednesday said that this initiative will,…
Informal donations prone to money laundering: SECP
KARACHI: Pakistan has been rated amongst most charitable nations in the world but most donations are routed informally which makes the whole exercise prone for terror financing and money laundering, Waseem Ahmad Khan, Additional Director,…
FBR outlines sales tax amendments through second supplementary finance act
ISLAMABAD: Federal Board of Revenue (FBR) has summarized amendments to sales tax regime through Finance Supplementary (Second Amendment) Act, 2019 and directed the officials of Inland Revenue to take necessary action for implementation.
FBR explains FED on motor vehicles under Second Amendment Act
ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday explained the amendment of Federal Excise Duty (FED) on imported and locally manufactured vehicles through Finance Supplementary (Second Amendment) Act, 2019.
Younus Dagha posted as Secretary Finance
ISLAMABAD: The government has posted Younus Dagha, BS-22 officer of Pakistan Administrative Service as Secretary Finance Division with effect from March 22, 2019.
KSE-100 index falls by 65 points on weak sentiments
KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) fell by 65 points owing to week sentiments prevailed on Wednesday.
Rupee weakens by five paisas against dollar
KARACHI: The Pak Rupee weakened by five paisas against dollar on Wednesday owing to higher demand for import and corporate payments.
FBR assigns Benami properties cases to BTB zones
ISLAMABAD: Federal Board of Revenue (FBR) has assigned Broadening of Tax Base (BTB) Zones to initiate cases against Benami properties and directed to submit challan within 120 days.