April 25, 2024

Pkrevenue.com

Pakistan Revenue

Day: March 28, 2019

Foreign exchange reserves increase to $17.58bn
Mar 28
Finance

Foreign exchange reserves increase to $17.58bn

KARACHI: The total liquid foreign exchange reserves of the country have increased to $17.58 billion by March 25, 2019, State Bank of Pakistan (SBP) said on Thursday. The central bank received RMB 15 billion equivalent to US$2.2 billion on March 25 as proceeds of the loan obtained by the government of Pakistan from China. Accordingly, […]

by
Read More
FBR notifies transfers, postings of IRS officers of BS-16-19
Mar 28
Taxation

FBR notifies transfers, postings of IRS officers of BS-16-19

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday notified transfers and postings of Inland Revenue Service (IRS) officers of BS-16 to BS-19 with immediate effect until further orders. Following officers have been notified under the transfers and postings: 01. Abdur Razzaq Khan (Inland Revenue Service/BS-19) has been transferred and posted as Additional Commissioner Inland Revenue […]

by
Read More
SBP sets up help desk for MNCs, domestic businesses
Mar 28
Money & Banking

SBP sets up help desk for MNCs, domestic businesses

KARACHI: State Bank of Pakistan (SBP) has established a facilitation desk for foreign exchange related remittances to help multinational companies and domestic businesses. In a statement on Thursday, the SBP said it had established the facilitation desk to cater to the queries pertaining to foreign exchange related remittances to help all stakeholders including multinational companies […]

by
Read More
Rupee ends firmer against dollar
Mar 28
Money & Banking

Rupee ends firmer against dollar

KARACHI: The Pak Rupee ended firmer against the US dollar on Thursday in a range bound trading activity. The rupee ended Rs140.29 to the dollar from previous day’s close of Rs140.28 in interbank foreign exchange market. The interbank foreign exchange market was initiated in the range of Rs140.28 and Rs140.30. The market recorded day high […]

by
Read More
No change in tax rates on cash withdrawal: FBR
Mar 28
Taxation

No change in tax rates on cash withdrawal: FBR

ISLAMABAD: Federal Board of Revenue (FBR) has said that the government has not revised rates or limits of withholding tax on cash withdrawal from banks. In a statement on Thursday, the FBR said that the federal government has not revised rates or limits for tax on cash withdrawal from bank accounts under section 231A and […]

by
Read More