ISLAMABAD: Federal Board of Revenue (FBR) has added over 114,000 return filers to Active Taxpayers List (ATL) following the grant of extension in filing income tax returns for Tax Year 2018 up to March 31, 2019. The FBR issued weekly updated ATL 2018 on Monday, which showed the number of active taxpayers increased to 1.75 […]
KARACHI: Model Customs Collectorate (MCC) Preventive has announced public auction of confiscated vehicles on March 19, 2019 to be held at State Warehouse, Ghasbandar, East Wharf, Karachi. The following vehicles will be presented for auction: 01. Mitsubishi Pajero Jeep, GS-200, Model 1994, Chassis No. Reg. GS-2000/V46-4034794 02. Lexus Car, Model 2006, 3450CC, Chassis No. JTHBG963905034702 […]
KARACHI: Federal Board of Revenue (FBR) is increasing its capacity to handle large size data of tax evaders, FBR chairman said in a meeting with members of Karachi Chambers of Commerce and Industry (KCCI).
KARACHI: The equity market gained 545 points on Monday following positive comments came from the finance minister at an even. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 38,852 points as against 38,307 points showing an increase of 545 points. Analysts at Arif Habib Limited said that the market opened on a […]
KARACHI: The rupee ended down by 11 paisas against dollar on Monday owing to high demand for import and corporate payments. The rupee closed at Rs139.39 to the dollar from last Friday’s close of Rs139.28 in interbank foreign exchange market. The interbank foreign exchange market was initiated in the range of Rs139.30 and Rs139.40. The […]
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Monday said that the tax authorities have assured of not to conduct raids and harass taxpayers. Engr. Daroo Khan Achakzai, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Dr. Mirza Ikhtair Baig Sr. Vice President FPCCI, Vice Presidents FPCCI, Mr. […]
KARACHI: The Pak Rupee weakened against dollar by 13 paisas in mid-day trading on Monday owing to higher demand for import and corporate payments. The US dollar is being traded at Rs139.41 in interbank foreign exchange market. Currency experts said that the demand pressure was due to market opened after two weekly holidays. They said […]
KARACHI: Federal Board of Revenue (FBR) has updated advance tax rates on marriages and functions through latest amendment to Income Tax Ordinance, 2001.The national assembly recently approved Finance Supplementary (Second Amendment) Act, 2019 and advance tax rate for functions and gathering has been updated.The advance tax is collected under following section of the Ordinance.Section 236D: […]