Income tax collection from doctors surges by 135pc; services sector contribution falls by 8.2pc

ISLAMABAD: The income tax collection from doctors has witnessed unprecedented growth of 135 percent in fiscal year 2018/2019, according to official statistics of Federal Board of Revenue (FBR). Read more »

Stock market gains 341 points on buying activities

KARACHI: The stock market gained 341 points on Friday due to across the board buying activities. Read more »

KTBA submits observations on suspicious transaction reporting by jewelers, real estate agents

KARACHI: Karachi Tax Bar Association (KTBA) on Friday submitted its observations on reporting of suspicious transactions by jewelers and real estate agents to Federal Board of Revenue (FBR). The KTBA in a... Read more »

SBP issues instructions to banks on FX/SWAP trade confirmation

KARACHI: State Bank of Pakistan (SBP) on Friday issued instructions to banks regarding foreign exchange (FX)/SWAP trade confirmation. Read more »

SLR limits not to apply on floating rate PIBs: SBP

KARACHI: The State Bank of Pakistan (SBP) has notified regulations to Statutory Liquidity Requirement (SLR) eligibility limit on floating rate Pakistan Investment Bonds (PIBs). Read more »

World Bank’s IFC signs financing agreement to build six power projects in Pakistan

ISLAMABAD: IFC, a member of the World Bank Group, has signed a financing agreement of $450 million to build six wind power projects in Pakistan. Read more »

Steering committee constituted for FBR restructuring

ISLAMABAD: A 7-member steering committee has been constituted on Friday for restructuring of Federal Board of Revenue (FBR). Read more »

Rupee gains three paisas on foreign inflows

KARACHI: The Pak Rupee gained three paisas against dollar on Friday owing to inflows of export receipts and foreign remittances, dealers said. Read more »

Pension identity card for retired government employees launched

ISLAMABAD: The federal government has started issuance of pension identity card to the pensioners/ex-employees of the federal government. Read more »

FBR helps salaried persons in filing returns through video tutorials

ISLAMABAD: Federal Board of Revenue (FBR) has issued video tutorials for filing income tax returns by salaried persons for tax year 2019. Read more »

FBR launches tutorial for claiming income tax refund

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday launched video tutorial for claiming income tax refund, which is paid as excess amount or paid as withholding tax. Read more »

Loan disbursement to young entrepreneurs to start from next month

ISLAMABAD: The disbursement of loans to young entrepreneurs will start from next month after completing all the formalities, it was agreed at a meeting on Thursday to review Youth Entrepreneurship Scheme of... Read more »