Pakistan’s foreign exchange reserves fall by $769 million to $15 billion

KARACHI: Pakistan’s total foreign exchange reserves declined by $769 million to $15 billion by week ended September 27, 2019, State Bank of Pakistan (SBP) said on Thursday. Read more »

FBR promotes 75 data entry operators to MIS officers

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday promoted 75 Data Entry Operator (DEOs) BS-12 to the post of Management of Information System (MIS) Officer BS-16 on regular basis with immediate effect... Read more »

Stock market gains 389 points as COAS meeting boost confidence

KARACHI: The stock market gained 389 points on Thursday as sentiments of business community were high after meeting with Chief of Army Staff (COAS). Read more »

Customs official awarded major penalty for corruption, misconduct

ISLAMABAD: Federal Board of Revenue (FBR) has imposed major penalty of ‘compulsory retirement’ upon a BS-16 officials of Pakistan Customs on charges of corruption, misconduct and inefficiency. Read more »

Rupee ends flat in range bound trading

KARACHI: The Pak Rupee ended flat against dollar on Thursday in a range bound trading activity. Read more »

FBR issues fresh list of sectors allowed input tax adjustment

ISLAMABAD: Federal Board of Revenue (FBR) has issued fresh list of sectors to allow input adjustment by amending the Section 8B of Sales Tax Act, 1990. Read more »

NCCPL to collect capital gain tax on October 09

KARACHI: National Clearing Company of Pakistan Limited (NCCPL) has announced that it will collect Capital Gain Tax (CGT) on disposal of shares on October 09, 2019 for the period July and August. Read more »

SRO to save customs officers in mega gold scam challenged before FBR policy board

ISLAMABAD: The Directorate General of Internal Audit (Customs) Lahore has challenged the issuance of SRO 1114(I)/2019 before the Policy Board of the Federal Board of Revenue (FBR) alleging the issuance of the... Read more »

FBR says 48 companies integrated sales data

ISLAMABAD: At least 48 leading companies have integrated their sales data with the online system of the Federal Board of Revenue (FBR). Read more »

SECP revokes licenses of 22 not for profit companies; total cancellation tops 319

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has cancelled licenses of 22 Not for Profit Companies during first quarter of the current fiscal year. The regulator so far revoked licenses... Read more »

Sindh Revenue Board collects Rs23 billion in first quarter

KARACHI: Sindh Revenue Board (SRB) has collected Rs23 billion during first quarter (July – September) of current fiscal year 2019/2020 as compared with Rs20.3 billion in the corresponding quarter of the last... Read more »