KTBA highlights glitches, lacunas in income tax return forms

KARACHI: Karachi Tax Bar Association (KTBA) on Friday pointed out glitches and lacunas in income tax return forms which resulted in difficulties in filing tax returns for tax year 2019 Read more »

FBR taking significant steps to improve tax administration: IMF

ISLAMABAD: International Monetary Fund (IMF) on Friday said that Federal Board of Revenue (FBR) is undertaking significant steps to improve tax administration and its interface with taxpayers. Read more »

Stock market shed 73 points in range bound activity

KARACHI: The stock exchange declined by 73 points on Friday in a range bound trading activity. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 32,111 points as against 32,184... Read more »

Rupee gains 16 paisas on improved inflows

KARACHI: The Pak Rupee gained 16 paisas against dollar on Friday owing to better inflows of export receipts and remittances. Read more »

Nine countries sign declaration to enhance cross-border cooperation at CAREC Energy Ministers’ Dialogue

TASHKENT, UZBEKISTAN: Nine countries in Central and West Asia, including Pakistan, on Friday signed a historic declaration that will accelerate cross-border cooperation on energy issues and move the region a step closer... Read more »

PIA’s empty flights cause Rs184 million losses

KARACHI: The Auditor General of Pakistan (AGP) has detected Rs184 million losses due mismanagement by Pakistan International Airlines (PIA) for carrying empty flights. Read more »

Sales tax registration made mandatory for buyers of ginned cotton

ISLAMABAD: Federal Board of Revenue (FBR) has made sales tax registration mandatory for persons buying ginned cotton. Read more »