FBR to make easy procedure for government employees to file returns

ISLAMABAD: Federal Board of Revenue (FBR) on Monday said it will make easy procedure for government employees to file their annual income tax returns. Briefing the Standing Committee of the Senate on Finance, Revenue and Economic Affairs, the FBR officials said that they were working on the project of making procedure easy for government employees […]

by Mrs. Anjum Shahnawaz

Draft income tax return form for salaried persons for tax year 2019

Aug 26

Taxation

Draft income tax return form for salaried persons for tax year 2019

KARACHI: Federal Board of Revenue (FBR) has issued draft income tax return forms for salaried persons to be filed for tax year 2019. The last date for filing income tax return for salaried persons for tax year 2019 is September 30, 2019. The FBR issued the following draft return form for salaried individuals as issued […]

by Mrs. Anjum Shahnawaz

IR officers participate in ‘tax management system for Pakistan’ in China

Aug 26

Taxation

IR officers participate in ‘tax management system for Pakistan’ in China

ISLAMABAD: A nine-member team of Inland Revenue (IR) officers is participating in tax system management for Pakistan starting from Monday (August 26, 2019) in China. Federal Board of Revenue (FBR) on Monday issued no objection certificate (NOC) to the officers to the proceeding abroad to participate in bilateral seminar 2019 (14 days) on Tax System […]

by Mrs. Anjum Shahnawaz

Stock market witnesses bearish sentiments

Aug 26

Stock & Commodity

Stock market witnesses bearish sentiments

KARACHI: The stock market witnessed bearish sentiments on Monday after significant gains during the last week. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 30,521 points as against 31,350 points showing a decline of 829 points. Analysts at Arif Habib Limited said that start of the rollover week marked the return of […]

by Mrs. Anjum Shahnawaz

Rupee gains six paisas amid higher dollar demand

Aug 26

Money & Banking

Rupee gains six paisas amid higher dollar demand

KARACHI: The Pak Rupee gained six paisas against dollar on Monday amid demand for corporate and import payments. The rupee ended Rs157.36 to the dollar from last Friday’s closing of Rs157.42 in interbank foreign exchange market. Currency dealers said that the local unit was under pressure earlier in the day due to higher demand for […]

by Mrs. Anjum Shahnawaz