Rules notified for taxpayers profile update

ISLAMABAD: Federal Board of Revenue (FBR) on Monday notified rules for making it mandatory for taxpayers to update their profiles through IRIS portal. The FBR issued SRO 13(I)/2021 dated January 08, 2021... Read more »

Taxpayers urged to use electronic payment facility

ISLAMABAD: Federal Board of Revenue (FBR) has urged the taxpayers to avail electronic mode of payment for duty and taxes. The e-payment facility has been introduced for convenient and hassle free payment,... Read more »

Prime Minister launches Pakistan’s instant payment system

ISLAMABAD: Prime Minister Imran Khan on Monday launched the completion of the first phase of Pakistan’s Instant Payment System, Raast, according to a statement issued by State Bank of Pakistan (SBP). Raast... Read more »

Car sales increase by 18 percent during first half

KARACHI: The sales of domestically manufactured cars have registered 18 percent growth to 78,910 units during first half (July – December) 2021/2021 as compared with 67,019 points in the half of the... Read more »

Stock market slips by 49 points in mixed trading

KARACHI: The stock market slipped by 49 points on Monday in mixed trading activities during the day. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 45,605 points as against... Read more »

Rupee ends down by 22 paisas on demand for import payments

KARACHI: The Pak Rupee ended down by 22 paisas against the dollar on Monday owing to demand for import and corporate payments. The rupee ended Rs160.39 to the dollar form last Friday’s... Read more »

Income tax return filing touches new peak at 3.03 million

ISLAMABAD: Income tax return filing hit record high at 3.03 million for tax year 2019, according to weekly Active Taxpayers List (ATL) updated on Monday. The FBR issued the weekly ATL –... Read more »

Process initiated to assess, evaluate retirement benefit scheme

ISLAMABAD: The federal government has initiated process to evaluate and assess liabilities against retirement benefit scheme. In this regard the ministry of finance intended to hire services of actuarial services to assess... Read more »

FBR launches mega crackdown against illegal petrol pumps

ISLAMABAD: Federal Board of Revenue (FBR) has launched massive crackdown against illegal petrol pumps from Monday (January 11, 2021) on the directives of Prime Minister Imran Khan. Prime Minister Imran Khan in... Read more »