FBR extends date of sales tax, FED payment

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday extended the last date for sales tax and federal excise duty (FED) payment for the month of July 2019 up to August 23, 2019. Read more »

FBR directs IR, Customs offices to ensure taxpayer friendly environment

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday directed all offices of Inland Revenue and Pakistan Customs to ensure a clean and friendly environment in the offices across the country. Read more »

FBR notifies transfers, postings of IRS BS-19-20 officers

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday notified transfers and postings of BS-19-20 officers of Inland Revenue Service (IRS) with immediate effect until further orders. Read more »

Foreign exchange reserves increase by $27 million to $15.604 billion

KARACHI: The liquid foreign exchange reserves of the country have increased by $27 million to $15.604 billion by week ended August 17, 2019 as compared with $15.577 billion a week ago, State... Read more »

Foreign direct investment declines by 59 percent in July

KARACHI: The net inflow of foreign direct investment (FDI) has declined by 59 percent in the month of July 2019, according to data released by State Bank of Pakistan (SBP) on Thursday. Read more »

Rupee gains 34 paisas on improved investors’ sentiments

KARACHI: The Pak Rupee gained 34 paisas against dollar on Thursday owing to improved confidence of investors on the country’s capital market and narrowed current account deficit. Read more »

Stock market sees bullish run for fourth consecutive day

KARACHI: The stock market witnessed bullish run for the fourth consecutive day and gained 912 points on Thursday. Read more »

Pakistan Oilfields announces large oil, gas discovery in Kohat

KARACHI: Pakistan Oilfields Limited (POL) on Thursday announced discovery of large deposits of oil and gas at TAL Block, Kohat District, Khyber Pakhtunkhwa. Read more »

Ministry extends implementation of SRO 604 related to solar panel import

ISLAMABAD: The ministry of commerce has extended the implementation of SRO 604 up to August 31, 2019. The ministry issued the SRO on May 28, 2019 which is related to import of... Read more »

Tax measures, rupee depreciation adversely hit auto industry

KARACHI: The revenue measures taken by the government in the budget 2019/2020 and massive depreciation in Pak Rupee value have been major challenges for the auto industry as these factors have already... Read more »

FBR transfers 80 Customs officers of BS-17-18 in major reshuffle

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday notified transfers and posting of 80 Pakistan Customs Service (PCS) officers of BS-17-18 in major reshuffle. Read more »

FBR notifies transfers, postings of 21 BS-19 customs officers

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday announced transfers and postings of officers of Pakistan Customs Service (PCS) BS-19 with immediate effect and until further orders. Read more »