FBR to monitor sugar production through surveillance cameras

ISLAMABAD: Federal Board of Revenue (FBR) will monitor production of sugar through surveillance cameras that will be installed at sugar mills. In this regard a Memorandum of Understanding (MoU) was signed between... Read more »

SRB collects Rs26.38 billion in July – September

KARACHI: Sindh Revenue Board (SRB) has collected Rs26.38 billion in July – September of the current fiscal year as compared with Rs22.89 billion in the same period of the last fiscal year,... Read more »

FBR sets up cell to probe bogus refund claims

ISLAMABAD: Federal Board of Revenue (FBR) has established a cell to probe fake refund claims in order to make system transparent. In an official order issued on Thursday, the FBR said that... Read more »

Foreign exchange reserves dip by $369 million

KARACHI: The liquid foreign exchange reserves of the country fell by $369 million to $19.535 billion by week ended September 25, 2020, State Bank of Pakistan (SBP) said on Thursday. The foreign... Read more »

Share market gains 105 points amid profit taking

KARACHI: The share market gained 105 points on Thursday as selling pressure continued and investors opted for profit taking. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 40,676 points... Read more »

Rupee gains 70 paisas against dollar

KARACHI: The Pak Rupee gained 70 paisas against dollar on Thursday owing to inflows of export receipts and workers’ remittances, dealers said. The rupee ended Rs165.00 to the dollar from previous day’s... Read more »

FBR issues valuation for sale of used cars

ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday issued valuation for used cars for purpose of collecting sales tax. The FBR issued SRO 93(I)/2020 to amend Sales Tax Rules, 2006. The FBR... Read more »

FBR extends date for filing tax return up to December 08

ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday extended the last date for filing income tax return up to December 08, 2020 from September 30, 2020. The FBR issued Circular No. 04... Read more »