Income tax return filing date extended to December 16

ISLAMABAD: Federal Board of Revenue (FBR) has extended the last date for filing income tax returns and wealth statements for tax year 2019 up to December 16, 2019, according to a notification... Read more »

FBR, PBA agree on sharing account holders information; banks to withdraw court cases

KARACHI: Federal Board of Revenue (FBR) has made major breakthrough regarding obtaining information of bank account holders ahead of FATF review. Read more »

Stock market gains 581 points despite buying activities

KARACHI: The stock market gained 581 points on Friday despite buying activities in major scrips. Read more »

FBR auditor awarded dismissal from service for availing NAB plea bargain

ISLAMABAD: Federal Board of Revenue (FBR) has imposed major penalty on a senior auditor (BS-18) for making money through corruption and avail plea bargain of National Accountability Bureau (NAB). Read more »

Rupee makes gain against dollar on inflows

KARACHI: The Pak Rupee gained against dollar on Friday owing to improved inflows of export receipts and workers’ remittances. Read more »

FBR publishes valuation rulings to facilitate trade

KARACHI: Federal Board of Revenue (FBR) on Thursday published customs valuations on its official portal to facilitate trade and for ease of doing business. Read more »

Listing of TPL Trakker announced through IPO

KARACHI: TPL Corp on Friday formally announced the listing of its subsidiary TPL Trakker Limited at Pakistan Stock Exchange (PSX) through an Initial Public Offering (IPO). Read more »

FBR may extend return filing date further to facilitate taxpayers

ISLAMABAD: Federal Board of Revenue (FBR) may further extend the last date for filing income tax returns for tax year 2019 beyond November 30, 2019 as large number of filing is still... Read more »

Rupee gains nine paisas in early day trading

KARACHI: The Pak Ruee gained nine paisas against dollar in early trade on Friday owing to sufficient inflows in the market. Read more »

Cash gifts received without banking channel chargeable to tax

ISLAMABAD: Any cash gift received by a person other than banking channel will be treated as chargeable to tax, sources in Federal Board of Revenue (FBR) said on Thursday. Read more »