NAB establishes AML/CFT cell

ISLAMABAD: National Accountability Bureau (NAB) on Thursday established Anti-Money Laundering (AML)/ Combating the Financing of Terrorism (CFT) cell at the bureau. Read more »

CRTO Karachi sets up monitoring cell to identify fake, flying invoices

KARACHI: In order to identify taxpayers involved in fake and flying invoices, a monitoring cell has been established at Corporate Regional Tax Office (CRTO) Karachi. Read more »

Pakistan’s weekly foreign exchange reserves increase by $149.7 million

KARACHI: The total liquid foreign exchange reserves of the country have increased by $149.7 million to $15.142 billion by week ended October 11, 2019 as compared with $14.992 billion a week ago,... Read more »

FBR launches Urdu version official website

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday launched its official website in national language in order to aware large population of the country to understand taxation issues. Read more »

Foreign investment grows by 51pc during first quarter

KARACHI: The total inflow of foreign private investment increased by 51 percent growth during first quarter (July-September) of 2019/2020, State Bank of Pakistan (SBP) said on Thursday. Read more »

Stock market ends down by 383 points on selling pressure

KARACHI: The stock market ended with decline of 383 points on Thursday owing to selling pressure seen in the market. Read more »

Rupee gains 13 paisas against dollar as SBP issues anti-money laundering framework

KARACHI: The Pak Rupee gained 13 paisas against dollar on Thursday owing to guidelines issued by the central bank to prevent trade based money laundering. Read more »

Rupee gains 11 paisas against dollar in early trade

KARACHI: The Pak Rupee gained 11 paisas against dollar in early trade on Thursday owing to guidelines issued by the central bank to prevent trade based money laundering. Read more »

Notices for filing income tax returns of past 10 years may be issued

ISLAMABAD: Tax officials have been empowered to issue notices to taxpayers for filing income tax returns of past 10 years. Read more »

PTCL declares 14.33 percent growth in after tax profit

KARACHI: Pakistan Telecommunication Limited (PTCL) on Wednesday declared 14.33 percent growth in profit after tax for the nine-month period ended September 30, 2019. Read more »

UBL posts 48 percent increase in after tax profit

KARACHI: United Bank Limited (UBL) has announced 48 percent increase in after tax profit to Rs14.4 billion in nine-month period ended September 30, 2019. Read more »

Tax officials empowered to recover short payment without notice

KARACHI: Tax officials have been authorized to recover short payment of sales tax through freezing bank accounts of taxpayers without serving show cause notice. Read more »