FBR extends date to submit stock position up to March 15 for claiming refunds

ISLAMABAD: Federal Board of Revenue (FBR) has allowed taxpayers to submit their stock position for the period July – September 2019 up to March 15, 2020 in order to claim sales tax... Read more »

Pakistan’s foreign exchange reserves increase by $91 million

KARACHI: Pakistan’s liquid foreign exchange reserves have increased by $91 million to $18.735 billion by week ended February 07, 2020, State Bank of Pakistan (SBP) said on Thursday. Read more »

Stock market ends down by 76 points on profit taking

KARACHI: The stock market fell by 76 points on Thursday owing to profit taking after the market witnessed massive recovery during past two days. Read more »

Rupee ends flat in range bound trading

KARACHI: The Pak Rupee ended flat against dollar on Thursday owing to a range bound trading activity, dealers said. Read more »

Values of immovable properties may be enhanced to prevent money laundering

KARACHI: Federal Board of Revenue (FBR) may increase valuation of immovable properties in order to prevent money laundering in the real estate sector. Read more »

FBR may ask taxpayers to provide past six-year sales tax record

ISLAMABAD: Federal Board of Revenue (FBR) may ask certain taxpayers to provide past six years record of their sales for examination, sources said. Read more »