FBR grants fourth extension to file returns for tax year 2019

ISLAMABAD: Federal Board of Revenue (FBR) on Monday granted fourth extension for filing annual income tax returns for tax year 2019 up to December 31, 2019. Read more »

Border markets, warehouses to be established to contain smuggling: Member Customs

KARACHI: Pakistan Customs to set up border markets and border warehouses all border crossing of the country to contain smuggling, a top official of Pakistan Customs said. Read more »

CCP imposes penalty of Rs75 million on flour mills association for anti-competitive activities

ISLAMABAD: The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs75 million on Pakistan Flour Mills Association (PFMA) for providing a platform to share commercially sensitive information and fixing the... Read more »

Stock market makes 13-month high in intra-day trading

KARACHI: The Stock market made a new 13-month high of 41,699 points on Monday with the index increased by 782 points during the session, analysts said. Read more »

Rupee ends down by five paisas on import payment demand

KARACHI: The Pak Rupee ended down by five paisas against dollar on Monday owing to higher demand for import and corporate payments, dealers said. Read more »

SBP clarifies misconceptions on foreign investment in debt securities

KARACHI: State Bank of Pakistan (SBP) on Monday said that the risks posed by foreign investment in debt securities at current levels are limited due to various reasons. Read more »

Another date extension expected for filing returns tax year 2019

ISLAMABAD: Tax managers and experts are expecting that the Federal Board of Revenue (FBR) likely to further extend the date for filing annual tax returns for tax year 2019. Today i.e. December... Read more »