FBR reiterates not to extend date for filing income tax returns

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday reiterated that it will not further extend the date for filing income tax return beyond December 08, 2020. The last date for filing of... Read more »

Salaried individuals require keeping tax certificate for six years

ISLAMABAD: Salaried individuals are required to keep tax / salary certificate for minimum six years for assessment and audit purpose. The FBR issued Income Tax Rules, 2002 (updated September 08, 2020). Under... Read more »

Share market gains 148 points amid thin volume

KARACHI: The share market gained 148 points on Tuesday despite lack of trading activities and lower volume. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 40,653 points as against... Read more »

Rupee ends down by 13 paisas

KARACHI: The Pak Rupee ended down by 13 paisas against the dollar on Tuesday following higher demand for import payments. The rupee ended Rs158.30 to the dollar from the previous day’s closing... Read more »

FBR constitutes advance ruling committee

ISLAMABAD: Federal Board of Revenue (FBR) has constituted a committee for issuing advance ruling on requests submitted by businesses. Ms. Suraiya Ahmed Butt, Chief Collector of Customs, Appraisement and Facilitation, South, Karachi... Read more »