Law drafted to examine national saving schemes investments for money laundering, terror financing

ISLAMABAD: The government has draft law to examine involvement of money laundering and terror financing in investment made in national saving schemes. Read more »

SRB extends sales tax return filing up to December 28

KARACHI: Sindh Revenue Board (SRB) has extended the last date for filing sales tax return for the month of November 2019 up to December 28, 2019 in order to facilitate taxpayers. Read more »

Pakistan’s foreign exchange reserves increase to $17.655 billion

KARACHI: The liquid foreign exchange reserves of the country have increased by $1.607 billion, State Bank of Pakistan (SBP) said on Thursday. Read more »

Equity market plunges by 948 points on detailed judgment in treason case

KARACHI: The equity market plunged by 948 points on Thursday following detailed judgment release by a special court in high treason case. Read more »

Rupee gains four paisas amid lackluster payment demand

KARACHI: The Pak Rupee made four paisas against dollar on Thursday owing to lackluster demand for import and corporate payments, dealers said. Read more »

FBR launches sales tax invoice verification system

ISLAMABAD: Federal Board of Revenue (FBR) has launched online system for verification of invoices, which issued against purchases from retail outlets. Read more »

IR commissioners empowered to issue trial registration number

KARACHI: Commissioners of Inland Revenue have been empowered to issue trial registration number to taxpayers, who failed to comply with notices issued in this regard. Officials in Federal Board of Revenue (FBR)... Read more »