Sindh Revenue Board introduces e-hearing for taxpayers facilitation

KARACHI: Sindh Revenue Board (SRB) has introduced e-hearing of appeals in order to provide facilitation to taxpayers of Hyderabad and Sukkur regions. Read more »

Circular Debt: ECC allows raising Rs200 billion Islamic term finance facility

ISLAMABAD: Economic Coordination Committee (ECC) of the Cabinet on Tuesday allowed for raising Islamic Term Finance Facility of Rs200 billion for resolving circular debt issue. Read more »

FPCCI welcomes decision for making Torkham Border operational

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has welcomed the government decision for making Torkham Border operational around the clock. Read more »

KSE-100 gains 204 points amid selling pressure

KARACHI: The equity market gained 204 points on Tuesday amid selling pressure in blue chips. Read more »

Rupee strengthens by 10 paisas against dollar

KARACHI: The Pak Rupee ended with gain of 10 paisas against dollar on Tuesday due to inflows under financial assistance and lower demand from imports.     The rupee ended Rs138.65 to... Read more »

SBP stresses urgent need to initiate structural reform in economy

KARACHI: The State Bank of Pakistan (SBP) on Tuesday stressed urgent need to initiate structural reform in the economy. Read more »

FBR issues procedure for regularization of unregistered mobile devices

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday issued procedure for the regularization of unregistered mobile devices with SIM/IMEI functionality. Read more »

UBL surrenders New York Branch license

KARACHI: United Bank Limited (UBL) has informed the Pakistan Stock Exchange (PSX) on Tuesday that it has surrendered its New York branch license to the New York State Department of Financial Services... Read more »

Rupee makes significant gain against dollar in early trade

KARACHI: The Pak Rupee made significant gains against dollar in early trade on Tuesday owing to narrowing current account deficit and inflows of foreign assistance, dealers said. Read more »

Eliminating all tax exemptions, concessions planned

KARACHI: The government considering to withdraw all types of tax exemptions and concessions during next few years. Read more »

Income Tax Ordinance 2001: Due date for payment of tax

KARACHI: Federal Board of Revenue (FBR) has explained the due date for payment of tax under Section 137 of Income Tax Ordinance, 2001. Read more »

Repatriation of profit, dividend by foreign companies in Pakistan surges by 58 percent

KARACHI: The repatriation of profit and dividends by foreign companies operating in Pakistan has increased sharply by 58 percent during first half of current fiscal year, according to statistics released by State... Read more »