Lawyers, doctors require to keep payment receipt record for tax purpose

ISLAMABAD: Professionals like doctors, lawyers and accountants are required to maintain record of payment received from their clients or patients for income tax purpose. Officials at Federal Board of Revenue (FBR) said... Read more »

Sarhan appointed as Emirates Vice President for Pakistan

Karachi /Dubai: Emirates Airline has appointed Mohammad Sarhan as its new Vice President for Pakistan. Read more »

SECP, universities sign MoU to promote financial literacy

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has signed Memorandums of Understanding (MOU) with five leading universities to promote financial literacy among youths. Read more »

SBP issues instructions on foreign currency loan by private sector

KARACHI: The State Bank of Pakistan (SBP) on Tuesday issued instruction to banks and exchange companies related to foreign currency loan by private sector. Read more »

Foreign investment witnesses massive growth to $2bn in five months

KARACHI: The inflows of foreign investment registered unprecedented growth to $2 billion during first five months (July – November) of 2019/2020 owing to significant investment in debt securities. Read more »

Equity market makes gains amid court decision, gas tariff hike

KARACHI: The equity market gained 124 points on Tuesday amid decisions of the apex court and repots of gas tariff hike. Read more »

Rupee recovers six paisas on inflows of export receipts

KARACHI: The Pak Rupee recovered six paisas against dollar on Tuesday owing to inflows of exports and remittances, dealers said. Read more »

SRB suspends sales tax registration of Pak Tractors

KARACHI: Sindh Revenue Board (SRB) has suspended sales tax registration of M/s Pak Tractors for defaulting tax payment and failure to comply with return filing. Read more »

Amnesty declarants can pay tax at 20pc default surcharge by Dec 31

KARACHI: Persons / companies can avail amnesty scheme 2019 by paying 20 percent default surcharge by December 31, 2019 subject to declaration filed by due date. Read more »

Procedure to get registered as informer with tax authority

ISLAMABAD: The income tax rules has described the procedure for a person to get registered as an informer with Federal Board of Revenue (FBR) in order to provide information of tax evasion... Read more »