FBR collects Rs960 billion in first quarter: Shabbar Zaidi

ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs960 billion in the first quarter of current fiscal year 2019/2020, which is about 90 percent of the target for the quarter, Syed... Read more »

FBR extends return filing date up to October 31

ISLAMABAD: Federal Board of Revenue (FBR) has extended the last date for filing income tax returns and wealth statements for tax year 2019 up to October 31, 2019, according to a notification... Read more »

SECP proposes mandatory filing of monthly statements for securities brokers

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) proposed to make it mandatory for securities brokers to file monthly statements of net capital balance and liquid capital. Read more »

Share market gains eight points in mixed trading activity

KARACHI: The share market gained eight points on Monday in a mixed trading activity. Read more »

Rupee falls by 19 paisas on import payment demand

KARACHI: The Pak Rupee fell by 19 paisas against dollar on Monday owing to higher demand for import and corporate payments, dealers said. Read more »

FBR may extend return filing date due to delayed issuance of forms

ISLAMABAD: Federal Board of Revenue (FBR) may extend the date for filing income tax returns and wealth statements for tax year 2019 due to delay in issuance of return forms and considering... Read more »

Importer to pay KIBOR+3pc on timely payment failure

KARACHI: An importer in case of failure to pay import duty or other taxes within specified time then the importer shall be liable to pay surcharge at the rate of KIBOR +... Read more »

FBR asks people to check transactions details, file income tax returns

KARACHI: Federal Board of Revenue (FBR) on Sunday urged people to file their annual returns on the basis of information, which is already possessed by the revenue authority. Read more »

PTBA advises return filing date extension; points out deficiencies

KARACHI: Pakistan Tax Bar Association (PTBA) has asked Federal Board of Revenue (FBR) to extend the last date for filing income tax returns up to December 31, 2019 as the return form... Read more »

FPCCI suggests one month extension in income tax return filing

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Saturday urged the government to extend the last date for filing income tax return up to October 31, 2019. Read more »

Container scanning charges abolished: Ali Zaidi

KARACHI: Syed Ali Haider Zaidi, Minister for Maritime Affairs, on Saturday said the container scanning charges has been abolished in order to reduce the cost of the industry. Read more »

Weekly Review: Market likely to stay in positive territory on narrow trade deficit, stable forex reserves

KARACHI: The stock market may move in positive territory next week owing to narrow trade deficit and stable foreign exchange reserves. Read more »