Tax registration procedure for filing annual return of income

ISLAMABAD: Federal Board of Revenue (FBR) has issued registration procedure for income tax in order to file income tax return. The filing of income tax return for tax year 2020 is due on September 30, 2020 in case of taxpayers such as salaried persons, business individuals, Association of Persons (AOPs), taxpayers falling under final tax […]

by Mrs. Anjum Shahnawaz

Sep 15

Finance

Cabinet allows export of all PPE items

ISLAMABAD: The federal cabinet in its meeting held on Tuesday allowed export of all Personal Protective Equipment (PPE) items. The cabinet approved to lift the ban on export of Tyvek Suits and the anti-malarial drugs, including Chloroquine and Hydroxychloroquine. This decision was undertaken on a summary initiated by Ministry of Commerce. Now, with lifting of […]

by Mrs. Anjum Shahnawaz

Stock market falls by 185 points on profit booking

Sep 15

Stock & Commodity

Stock market falls by 185 points on profit booking

KARACHI: The stock market fell by 185 points on Tuesday as investors opted for profit booking during the day. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 42,346 points as against 42,531 points showing a decline of 185 points. Analysts at Arif Habib Limited said that the market opened on a positive […]

by Mrs. Anjum Shahnawaz

Sep 15

Money & Banking

Rupee slips by 10 paisas against dollar

KARACHI: The Pak Rupee slipped by 10 paisas against dollar on Tuesday owing to higher demand for import and corporate payments. The rupee ended Rs166.27 to the dollar from previous day’s closing of Rs166.17 in interbank foreign exchange market. Currency experts said that the local unit was remained under pressure due to higher import and […]

by Mrs. Anjum Shahnawaz

Restaurants boycott foodpanda over unfair practices

Sep 15

Trade & Industry

Restaurants boycott foodpanda over unfair practices

KARACHI: The All Pakistan Restaurant Association (APRA) has protested over the unfair practices by foodpanda and boycotted, also announced to stop food delivery from September 15, 2020 in the first phase in Karachi. In a letter of complaint to the CEO of the company, Muhammad Naeem Siddiqui, chairman APRA apprised their member’s grievances and concerns, […]

by Faisal Shahnawaz

Customs announces auction of confiscated vehicles on September 16

Sep 15

Auction, Taxation

Customs announces auction of confiscated vehicles on September 16

ISLAMABAD: Pakistan Customs has announced an auction of confiscated vehicles which will be held on September 16, 2020 at Model Customs Collectorate (E&C) State Warehouse Shahnoor Studio Multan Road, Lahore. Following vehicles will be presented for the auction: 01. Honda Civic Car (Re-Born), Model 2005, Reg. No. ANW-069, Chassis No. FDI-1000633 02. Toyota Vitz Car, […]

by Mrs. Anjum Shahnawaz