Hafeez Shaikh directs FBR to simplify Form-H within a week, expedite sales tax refund payment

ISLAMABAD: Dr. Abdul Hafeez Shaikh, Adviser to the Prime Minister on Finance and Revenue, on Tuesday directed Federal Board of Revenue (FBR) to simplify form-H within a week and expedite payment of... Read more »

Pakistan to get Rs38bn from UK agency in Malik Riaz case

KARACHI: Pakistan will get around Rs38 billion (£190 million) after National Crime Agency (NCA) of the United Kingdom agreed settlement after frozen funds investigation into a case of Malik Riaz Hussain. Read more »

SBP welcomes Moody’s stable outlook on Pakistan

KARACHI: State Bank of Pakistan (SBP) on Tuesday welcomed Moody’s change in outlook on Pakistan from negative to stable. Read more »

Stock market ends down by 389 points on profit taking

KARACHI: The stock market ended down by 389 points on Tuesday owing to profit taking after the market witnessed massive gains during past days. Read more »

Rupee gains 10 paisas on inflows of export receipts

KARACHI: The Pak Rupee gained 10 paisas against dollar on Tuesday owing to inflows of exports receipts and workers’ remittances, dealers said. Read more »

OICCI releases key findings of IPR survey 2019

KARACHI: Overseas Investors Chamber of Commerce and Industry (OICCI) on Tuesday announced the key findings of its latest Intellectual Property Rights (IPR) Survey 2019. Read more »

Rupee gains four paisas in early trade on improved sentiments

KARACHI: The Pak Rupee gained four paisas against dollar in early trade on Tuesday owing to improved economic conditions. Read more »

FBR chairman warns non-compliant immovable property, motor vehicle owners of penal action

ISLAMABAD: Syed Shabbar Zaidi, Chairman, Federal Board of Revenue (FBR) has warned of taking penal action against non-compliant persons own immovable properties and motor vehicles. Read more »

Salary income to include all allowances for tax determination

KARACHI: Federal Board of Revenue (FBR) has said that for determination of tax the salary income shall include the value of all perquisites, allowances and benefits received by employees. Read more »