The Federal Board of Revenue (FBR) has recently introduced amendments to the Income Tax Ordinance, 2001, shedding light on the requirement for taxpayers to submit a wealth statement alongside their annual income return.
(more…)Day: February 14, 2019
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Rupee gains in early trading on investment announcement
KARACHI – In early day trading on Thursday, the Pakistani Rupee demonstrated resilience, gaining two paisas against the US dollar, trading at Rs138.92 in the interbank foreign exchange market.
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Investment in unregistered prize bonds increases to Rs922.78 bn
KARACHI – According to the latest debt statistics issued by the State Bank of Pakistan (SBP), the investment in unregistered prize bonds has witnessed a significant surge, recording an increase of 17 percent to reach Rs922.78 billion by the end of December 2018.
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