FBR issues list of 6,763 non-integrated retailers
The Federal Board of Revenue (FBR) took a decisive step on Tuesday by releasing a list comprising 6,763 retailers who have yet to integrate their point of sale (POS) systems with the tax system.
The Federal Board of Revenue (FBR) took a decisive step on Tuesday by releasing a list comprising 6,763 retailers who have yet to integrate their point of sale (POS) systems with the tax system.
ISLAMABAD: The Federal Board of Revenue (FBR) has started registration of brand names, which is mandatory for manufacturers to sell their products. The FBR on Tuesday issued Sales Tax General Order (STGO) No. 07 of 2021 for licensing of brand name under Section 40E of Sales Tax Act, 1990 for specified sectors. According to the […]
KARACHI: The benchmark KSE-100 index gained 305 points on Tuesday owing to positive sentiments prevailed over expected inflows from the IMF. The KSE-100 of Pakistan Stock Exchange (PSX) closed at 47,758 points as against previous day’s closing of 47,453 points, showing an increase of 305 points. The International Monetary Fund (IMF) has announced an allocation […]
KARACHI: State Bank of Pakistan (SBP) on Tuesday issued following Karachi Interbank Offered Rates (KIBOR) on August 03, 2021. Tenor BID OFFER 1 – Week 6.92 7.42 2 – Week 6.95 7.45 1 – Month 7.01 7.51 3 – Month 7.13 7.38 6 – Month 7.35 7.60 9 – Month 7.44 7.94 1 – Year […]
KARACHI: Engro Fertilizers Limited has been recognized at the prestigious Pakistan Digital Awards 2021. The company received three key awards for “Most Innovative Fintech Solution Provider”, “Best Payment Technology” and “Best Banking Tech of the Year”. Faced with the challenges of COVID-19 pandemic, Engro Fertilizers was quick to adapt to the new normal and led […]
KARACHI: The Pak Rupee (PKR) ended down by 22 paisas against the dollar on Tuesday as demand for external payment remained high. The rupee ended at Rs163.89 to the dollar from previous day’s closing of Rs163.67 in the interbank foreign exchange market. Currency experts said that the external payment had put pressure on the local […]
The income tax return filing in Pakistan has hit an all-time high, with a remarkable 3.53 million returns submitted for Tax Year 2020.
KARACHI: The State Bank of Pakistan (SBP) on Tuesday issued customers’ exchange rates. The exchange rate is on the basis of weighted average rates of commercial banks. The SBP said the data compiled and disseminated for information only. These exchange rates are estimates that quoted by various commercial banks to their clients. The banks provide […]
KARACHI: ICI Pakistan Limited on Tuesday announced 51 per cent shareholding and making NutriCo Pakistan (Private) Limited its subsidiary. In a communication to Pakistan Stock Exchange (PSX), the company said that ICI Pakistan Limited had successfully completed the acquisition of 55,013 ordinary shares (equivalent to 11 per cent shareholding) of NutriCo Pakistan (Private) Limited. Following […]
The Federal Board of Revenue (FBR) has allowed adjustment against income from other sources under Section 40 of the Income Tax Ordinance, 2001.