Text of National Accountability (Amendment) Ordinance, 2019

ISLAMABAD: A presidential ordinance has been promulgated to restrict National Accountability Bureau (NAB) to take action against matters of tax evasion and an act of government officials done in good faith. Read more »

FBR issues fresh jurisdictions of commissioner appeals

ISLAMABAD: Federal Board of Revenue (FBR) has issued fresh jurisdictions of commissioner appeals. Read more »

KCCI assures support to newly elected FPCCI president, successful candidates of BMP

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has assured full support to newly elected president of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and successful candidates nominated by BMP... Read more »

Advance tax exempted on sale of immovable properties on holding period of above five years

KARACHI: The Federal Board of Revenue (FBR) has exempted the advance tax on sale of immovable property subject to the property is held for above five years. Read more »

SBP abolishes fee on tax payment through alternate delivery channels

KARACHI: The State Bank of Pakistan (SBP) has announced to abolish the fee on payment of government taxes and duties through Alternate Delivery Channels (ADCs) and Over-the-Counter (OTC) from January 1, 2020. Read more »

Return filing due date Dec 31 for all taxpayers

KARACHI: The income tax return filing date for tax year 2019 is December 31, 2019 for all types of taxpayers, which is unusual considering past years. Read more »

Weekly Review: stock market likely to stay stable

KARACHI: The stock market likely to stay during next week owing to transfer second IMF tranche and stable rupee value, analysts said. Read more »