FBR extends return filing date up to January 31

ISLAMABAD: Federal Board of Revenue (FBR) granted fifth extension for filing income tax return for tax year 2019 up to January 31, 2020. Read more »

FBR collects Rs2,080 billion in first half at 16% growth

ISLAMABAD: Federal Board of Revenue (FBR) has collected Rs2,080 billion during first half (July – December) 2019/2020 as compared with Rs1,795 billion in the corresponding half of the last fiscal year, showing... Read more »

KSE-100 posts 10% return in year 2019

KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) posted a return of 10 percent during year 2019. Read more »

SBP directs biometric verification of branchless banking accounts by March 31

KARACHI: State Bank of Pakistan (SBP) has directed financial institutions to ensure biometric verification of branchless banking customers by March 31, 2020. Read more »

SBP updates guidelines related to UNSC resolutions

KARACHI: State Bank of Pakistan (SBP) on Tuesday updated guidelines for banks related compliance on notification issued under United Nations Security Council (UNSC) Resolutions. Read more »

Stock market ends down 153 points to close year 2019

KARACHI: The stock market fell by 153 points on Tuesday as the last day of 2019 while trading in narrow range during the day. Read more »

Rupee makes gain on last day of year 2019

KARACHI: The Pak Rupee gained seven paisas against dollar on Tuesday to close the year 2019. The local currency appreciated despite demand for import and corporate payments, dealers said. Read more »

SBP directs microfinance banks to ensure verification of customers

KARACHI: State Bank of Pakistan (SBP) on Tuesday issued orders to microfinance banks (MFBs) to ensure verification of customers in order to mitigate various risks arising from money laundering and financing terrorism. Read more »

Will FBR further extend return filing date to match record?

KARACHI: Today i.e. December 31, 2019 is the last date for filing income tax returns for tax year 2019 and Federal Board of Revenue (FBR) may not able to reach 2.74 million... Read more »

Procedure to get extension for filing return, statement

KARACHI: In case a person unable to file annual return and wealth statement by due date the he/she has right to get extension in date on various grounds by furnishing an application... Read more »