First meeting of reconstituted 9th NFC to be held on February 06

KARACHI: The first meeting of reconstituted Ninth National Finance Commission (NFC) will be held on February 06, 2019, sources said on Monday. Read more »

Alvi assures support for growth of Islamic Finance

KARACHI: President of Pakistan Dr. Arif Alvi has assured full support for the development of Islamic Finance and Sharia compliant banking industry in the country. Read more »

FBR notifies promotion of 22 Customs officers to BS-20 and BS-21

ISLAMABAD: Federal Board of Revenue (FBR) on Monday notified promotions of 22 officers of Pakistan Customs Service (PCS) to BS-20 and BS-21 on regular basis with immediate effect. Read more »

FBR notifies promotion of 41 IRS officers to BS-20 and BS-21

ISLAMABAD: Federal Board of Revenue (FBR) on Monday notified promotion of 41 officers of Inland Revenue Service (IRS) to BS-20 and BS-21.       The following BS-20 officers of Inland Revenue... Read more »

Bill to further empower FBR to tighten noose around undisclosed offshore assets

ISLAMABAD: Federal Board of Revenue (FBR) on Monday said that the proposals in the Finance Supplementary (Second Amendment) Bill, 2019 to further empower the revenue authority for tightening noose around undisclosed offshore... Read more »

FBR asks business community to suggests measures to stop tax fraud

ISLAMABAD: Federal Board of Revenue (FBR) has asked business community to suggest measures for eliminating tax fraud, fake and flying invoices, plugging loopholes in the tax system. Read more »

Income tax returns, sales tax procedure to be simplified: Asad Umar

KARACHI: Finance Minister Asad Umar has expressed his resolve to simplify income tax return forms and sales tax procedure to facilitate business community. Read more »

Equity market gains amid selling in banking sector

KARACHI: The equity market made gains on Monday amid selling was sent in shares of banking sector, analysts said. Read more »

Rupee appreciates against US dollar

KARACHI: The Pak Rupee appreciated by another three paisas against dollar in interbank foreign exchange market on Monday owing to inflows of foreign financial assistance. Read more »

Engro Vopak takes steps for women empowerment

KARACHI: Engro Vopak Terminal Limited in partnership with CIRCLE Women, a social enterprise focused on women’s economic empowerment, held Tech Karo’s Closing Ceremony on Monday, at the Karachi School of Business and... Read more »