Section 28 of Income Tax Ordinance, 2001 has allowed expenses to taxpayers against profit on debt to the extent used in business purpose.
KARACHI: Around 65,000 industry workers have been vaccinated with the help of Sindh government, said Saleem-uz-Zaman, President, Korangi Association of Trade and Industry (KATI).
ISLAMABAD: Federal Board of Revenue (FBR) has posted a robust growth of 48 per cent in the first month of the fiscal year 2021/2022. The collection in July 2021 is the highest collection in the same month of any past year. The tax collection target for the fiscal year has been set at Rs5,829 billion. […]
KARACHI: The lockdown imposed by Sindh government may impact positive sentiments in the stock market. Analysts at Arif Habib Limited said that Karachi is set to observe a more stringent lockdown in place next week to contain the highly contagious delta variant of the novel coronavirus. It appears the market may remain upwards sticky in […]
KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on July 31, 2021: Buying: Rs 43.00 to the Saudi Riyal Selling: Rs 43.50 to the Saudi Riyal We update rates hourly so we can offer you the best SAR to PKR. The […]
KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on July 31, 2021: Buying: Rs 43.00 to the UAE Dirham Selling: Rs 43.50 to the UAE Dirham We update rates hourly so we can offer you the best AED to PKR. The […]
KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on July 31, 2021: Buying: Rs 187.50 to the Euro Selling: Rs 189.50 to the Euro We update rates hourly so we can offer you the best EUR to PKR. The Euro /PKR parity […]
KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on July 31, 2021: Buying: Rs 222 to the UK Pound Sterling Selling: Rs 225 to the UK Pound Sterling We update rates hourly so we can offer you the best GBP […]
KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on July 31, 2021: Buying: Rs 161.30 to the Dollar Selling: Rs 162.30 to the Dollar We update rates hourly so we can offer you the best USD to PKR. The US Dollar […]
In a move to incentivize investment in employee development and welfare, Section 27 of the Income Tax Ordinance, 2001 allows for the adjustment of expenses incurred on employee training and facilities.