FBR discusses Customs internship program at NUST, LUMS

ISLAMABAD: Federal Board of Revenue (FBR) is in discussion with top universities to launch ‘Customs internship program’ for the youth of the country. Read more »

FBR to take strict action against individuals, companies fail to file annual returns

ISLAMABAD: Federal Board of Revenue (FBR) may take strict action against persons failed to file their annual returns for tax year 2019, besides imposing penal amount for late filing. Read more »

HBL plans network expansion in China

KARACHI: Habib Bank Limited (HBL) has planned to expand its network in China, according to corporate briefing on Tuesday. Read more »

Car sales witness 45 percent decline in July – November

KARACHI: Car sales witnessed 45 percent decline during first five months (July-November) 2019/2020 owing to increased prices and high cost of auto financing. Read more »

Overseas Pakistanis send $9.298 billion in five months

KARACHI: The growth in inflows of workers’ remittances was remained flat at $9.298 billion during first five months of current fiscal year, State Bank of Pakistan (SBP) said on Tuesday. Read more »

FBR issues draft rules for business license scheme

ISLAMABAD: Federal Board of Revenue (FBR) has issued draft rules for business license scheme, which will be mandatory for every person engaged in any business, profession or vocation. Read more »

Stock market gains 222 points amid cautious buying

KARACHI: The stock market gained 222 points on Tuesday amid cautious buying during the day. Read more »

Rupee ends flat amid demand for import payments

KARACHI: The rupee ended flat against dollar on Tuesday owing to demand from import and corporate buyers. Read more »

FBR starts consultations for implementing track, trace system

ISLAMABAD: Federal Board f Revenue (FBR) has launched consultations with various sectors for implementing track and trace system to prevent revenue leakages. Read more »

SBP receives $1.3 billion from Asian Bank for economic reforms

KARACHI: State Bank of Pakistan (SBP) has said that it received $1.3 billion from Asian Development Bank (ADB) on Monday night. Read more »

Customs announces auction of smuggled vehicles on Dec 11 at ASO Karachi

KARACHI: Pakistan Customs has announced auction of smuggled vehicles to be held on December 11, 2019 at Anti-Smuggling Organization (ASO) Office, Ghasbandar, Keamori, Karachi. Read more »

LTU Karachi detects mega tax evasion of Rs18 billion by a company

KARACHI: Large Taxpayers Unit (LTU) Karachi has detected mega tax evasion to the tune of Rs18 billion by a company. Read more »