KTBA advises FBR to update tax laws on its website

KARACHI: Federal Board of Revenue (FBR) has been advised to update tax laws with latest amendments on its official website to facilitate taxpayers as well as tax practitioners. The Karachi Tax Bar... Read more »

FBR offices to remain open late hours for tax collection

ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday directed its field offices of Inland Revenue to remain open late hours to facilitate taxpayers in payment of duty and taxes on September... Read more »

SBP doubles loan size for setting up hospital to combat COVID

KARACHI: State Bank of Pakistan (SBP) has enhanced loan size to Rs 1 billion from Rs500 million for setting up new hospital to combat COVID-19. The central bank in a notification said... Read more »

FPCCI demands extending refinance scheme for three months to support employment

KARACHI: The business community has demanded the State Bank of Pakistan (SBP) of extending refinance scheme, which was introduced to prevent layoff owing to coronavirus outbreak, for further three months. The Federation... Read more »

Share market gains 463 points amid selling pressure

KARACHI: The share market witnessed gain of 463 points on Tuesday amid selling pressure seen during the trading. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 41,204 points as... Read more »

FBR issues return forms in regional languages to facilitate small traders

ISLAMABAD: Federal Board of Revenue (FBR) has issued income tax return forms in regional languages in order to facilitate small traders and shopkeepers, a spokesman said on Tuesday. The spokesman said that... Read more »

Rupee ends firmer amid dollar demand for import, corporate payments

KARACHI: The rupee ended firmer against dollar on Tuesday amid demand of the foreign currency for import and corporate payments. The rupee ended Rs165.88 to the dollar from previous day’s closing of... Read more »

FBR may extend date for filing income tax return

ISLAMABAD: Federal Board of Revenue (FBR) is likely to grant first date extension for filing income tax return for tax year 2020. The last date for filing return of income and wealth... Read more »