New tax amnesty scheme to be considered: Asad Umar

KARACHI: The government will consider a new tax amnesty scheme after receiving proposals from business community, Finance Minister Asad Umar said on Saturday. Read more »

Rupee gains 20 paisas on foreign inflows

KARACHI: Pak Rupee gained 20 paisas against US dollar in open market on Saturday on reports of foreign inflows from friendly countries. Read more »

SBP signs $2bn deposit pact with ADFD

KARACHI: State Bank of Pakistan (SBP) has signed $2 billion deposit agreement with Abu Dhabi Fund for Development, a statement said on Saturday Read more »

Legislation to encourage tax non-compliance

KARACHI: All efforts of tax collecting agency in broadening of tax base will be in vain due to changes introduced to tax laws by the present government, which allows non-compliant taxpayers to... Read more »

Income Tax Ordinance 2001: offences and penalties

KARACHI: Any person who commits any offence under provisions of Income Tax Ordinance, 2001, he may be liable to penalty. Read more »

Weekly Review: market to stay range bound

KARACHI: The equity market to stay range bound during next week after end of results season and ease in tension between Pakistan and India. Read more »

FBR unveils basic concepts of income tax

KARACHI: Federal Board of Revenue (FBR) has pointed out basic concepts of income tax for persons intending to get registration and filing income tax returns. Read more »

Prices of essential items increase by 11.72 percent: PBS

KARACHI: The prices of essential items increased by 11.72 percent by week ended March 07, 2019 when compared with the same week last year, according to data released by Pakistan Bureau of... Read more »