KARACHI: The stock market fell 248 points on Tuesday on selling pressure at the closing. The benchmark KSE-100 index closed at 29,810 points as against 30,057 points showing a decline of 248 points. Analysts at Arif Habib Limited said that the market opened on a positive note today with 25 points and extended gains till […]
KARACHI: The Pak Rupee ended unchanged against dollar on Tuesday amid demand for import and corporate payments. The rupee ended Rs156.63 to the dollar, same previous day’s closing in interbank foreign exchange market. Currency experts said that the rupee value was stable despite demand for import and corporate payments. The foreign currency market was initiated […]
KARACHI: Federal Board of Revenue (FBR) has given less than a month to taxpayers for filing income tax return and wealth statements for tax year 2019. The FBR on Monday issued finalized income tax return forms form salaried persons, business individuals and Association of Persons (AOPs). The last date for filing income tax returns and […]
ISLAMABAD: The first payment through Fully Automated Sales Tax e-Refund (FASTER) module, against the refund claims for the tax period July, 2019, has been made on Monday September 02, 2019, and the State Bank of Pakistan has confirmed the credit of the refund amount in the bank account of the claimant, said a press release […]
ISLAMABAD: The government has decided to released tax refunds amounting Rs22 billion immediately for the promotion of economic activities, Dr. Abdul Hafeez Shaikh, Advisor to Prime Minister on Finance said in a twitter message on Monday. According to him the government had taken important decision on tax refunds for the promotion of economic activities in […]
The Federal Board of Revenue (FBR) has taken a significant step towards concluding the tax assessment process for the year 2019 by issuing the final return forms for salaried individuals, business entities, and Associations of Persons (AOPs).
KARACHI: The stock market gained 385 points on Monday after witnessing technical fault at the opening of trading. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 30,057 points as against 29,672 points showing an increase of 385 points. Analysts at Arif Habib Limited said that after encountering a technical glitch at start, […]
KARACHI: The Pak Rupee appreciated 23 paisas against dollar on Monday owing to improved inflows of remittances and export receipts. The rupee ended Rs156.63 to the dollar from previous last Friday’s closing of Rs156.86 in interbank foreign exchange market. Currency experts said that the rupee value was improved on inflows of remittances and export receipts. […]
The Federal Board of Revenue (FBR) has provided comprehensive details regarding the taxes for goods imported under trade agreements with foreign countries.
KARACHI: Model Customs Collectorate (MCC) Port Muhammad Bin Qasim has surpassed revenue collection target for the month of August 2019. The collectorate collected Rs56 billion during August 2019, three percent higher than the target of Rs54.3 billion. The collection is also 17 percent higher when compared with Rs46.65 billion collected in August 2018, according to […]