The Federal Board of Revenue (FBR) has issued a directive to officers of the Inland Revenue Service (IRS) to submit their performance reports in preparation for the upcoming promotion committee meetings.
KARACHI: Pakistan Yarn Merchants Association (PYMA) on Wednesday urged the tax authorities to extend the date for payment of sales tax and filing monthly return for the period April 2021. In a joint statement, Hanif Lakhany, Vice President, Federation of Pakistan Chambers of Commerce & Industry (FPCCI) and PYMA Senior Vice Chairman and Farhan Ashrafi, […]
KARACHI: Karachi Tax Bar Association (KTBA) on Wednesday strongly condemned Israeli barbaric attacks on innocent Palestinians and demanded immediate halt of barbaric attacks in Gaza. KTBA President Muhammad Zeeshan Merchant, while leading the protest rally, expressed deep anger over the current violent Israeli atrocities on the innocent Palestinians. Showing solidarity with the Palestinian people, the […]
KARACHI: The benchmark KSE-100 index ended down by 300 points on Wednesday on reports of rift in ruling party, analysts said. The index closed at 45,682 points as against previous day’s closing of 45,982 points, showing a decline of 300 points. The analysts at Arif Habib Limited said that the market turned negative today which […]
ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday issued guidelines for recruitment against vacant posts (BS-1 to BS-5) in the Inland Revenue Department. The FBR advertised the vacant posts in BS-01 to BS-05 on May 09, 2021. The authorities had advised the candidates to submit their applications directly to the concerned IR field offices by […]
KARACHI: The Pak Rupee weakened by 33 paisas against the dollar on Wednesday owing to higher demand for import and corporate payments. The rupee closed at Rs153.22 to the dollar from previous day’s closing of Rs152.89 in the interbank foreign exchange market. The rupee recorded a decline of 95 paisas against the dollar since resumption […]
KARACHI: Engro Corporation, Pakistan’s premier conglomerate, has selected Honeywell UOP and W. R. Grace & Co. as technology partners to use their licensed process technology for the $1.5 billion, 750,000 Propane Dehydrogenation (“PDH”) and Polypropylene (“PP”) production facility, that would make Pakistan a self-sufficient producer of Polypropylene, a statement said on Tuesday. Polypropylene resin is […]
KARACHI: Karachi Tax Bar Association (KTBA) on Tuesday urged the Federal Board of Revenue (FBR) to further extend the last date for sales tax payment and filing monthly return as taxpayers are unable to comply with statutory requirement due to extended Eid holidays. The tax bar asked the tax authorities to extend the date of […]