KARACHI: Federal Board of Revenue (FBR) has notified rules to implement Alternate Dispute Resolution (ADR) for reduce the number of tax cases and facilitate taxpayers through settlement without going any court of law.
(more…)Author: Hamza Shahnawaz
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PIA starts monitoring of free tickets
KARACHI – Pakistan International Airlines (PIA) has initiated a comprehensive monitoring system for non-revenue passengers and government agency officials traveling on 100 percent free tickets, according to a recent notification issued by the national flag carrier.
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New policy to review 7,000 tariff lines for enhancing exports, investment: Razak Dawood
KARACHI – Abdul Razak Dawood, the Adviser to the Prime Minister on Commerce and Textile, announced on Saturday that the Pakistani government is set to review 7,000 customs tariff lines as part of a comprehensive new national tariff policy.
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Weekly Review: equity market to continue positive rally on foreign inflows
Analysts are optimistic about the Karachi Stock Exchange (KSE) maintaining its positive momentum in the coming week, buoyed by a surge in foreign investments.
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Rs400 million penalty amount waived for clearance of stuck up goods at bonded warehouses
The penalty amount, totaling Rs400 million, has been waived for the clearance of goods held up in bonded warehouses.
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Rupee gains 15 paisas in midday trading on inflows of $2 billion
Rupee has gained 15 paisas against the dollar in midday trading on Friday owing to inflows of $2 billion received by Pakistan.
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Sales tax refunds: 3-year promissory notes to bear 10 percent annual profit
Obtaining Sales tax refunds has been made easy as the government decided to issue 3-year promissory notes to bear 10 percent annual profit.
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Rupee strengthens on reform package announcement
Pakistani Rupee has strengthens against the dollar on Thursday owing to reform package announcement by the government.
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KCCI hopes reform package to boost industrialization
Karachi Chamber of Commerce and Industry (KCCI) has expressed hopes that reform package to boost industrialization.
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