Law amended to stop NAB taking action against businessmen: Prime Minister

KARACHI: Prime Minister Imran Khan on Friday said that the government has amended law to restrict National Accountability Bureau (NAB) from taking action against business community. Read more »

Bank holiday announced on January 01

KARACHI: The State Bank of Pakistan (SBP) on Friday declared bank holiday on January 01, 2020 on account of financial close of banking companies. Read more »

Stock market sheds 279 points on selling pressure

KARACHI: The stock exchange fell by 279 points on Friday owing to selling pressure during trading sessions. Read more »

Rupee gains four paisas amid demand for import, corporate payments

KARACHI: The Pak Rupee gained four paisas against dollar on Friday amid higher demand of greenback for import and corporate payments. Read more »

Banks to observe extended working hours on Dec 31 to facilitate taxpayers

KARACHI: State Bank of Pakistan (SBP) on Friday announced that banks will observed extended working hours to facilitate taxpayers in payment of duty and taxes on December 31, 2019. Read more »

FBR issues procedure for verification of sales tax invoice

KARACHI: Federal Board of Revenue (FBR) has issued procedure for verification of sales tax invoices prepared by Tier-1 retailers. Read more »

Return filed on CNIC basis to be treated as registered

KARACHI: A person files income tax return on the basis of Computerized National Identity Card (CNIC) shall be treated as registered taxpayer on the day the person files income tax return. Read more »

FBR notifies transfer, postings of 26 IRS officers in BS-17-20

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday notified transfers and postings of 26 officers of Inland Revenue Service (IRS) from BS-17 to BS-20 with immediate effect until further orders. Read more »