FBR helps salaried persons in filing returns through video tutorials

ISLAMABAD: Federal Board of Revenue (FBR) has issued video tutorials for filing income tax returns by salaried persons for tax year 2019. Read more »

LTU Karachi identifies unregistered 100,000 commercial gas connection holders

KARACHI: The Large Taxpayers Unit (LTU) Karachi on Wednesday said that it has identified over 100,000 persons having commercial gas connections but not registered with the Federal Board of Revenue (FBR). Read more »

Committee directs PTA to take harsh measures against hate speech on social media

ISLAMABAD: The Standing Committee on Cabinet Secretariat on Wednesday directed Pakistan Telecommunication Authority (PTA) to take harsh measures against hate speech and religious intolerance on social media. Read more »

Stock market increases by 401 points; crosses 37,000 points after seven months

KARACHI: The stock market gained 401 points on Wednesday to cross 37,000 mark after seven months. Read more »

Complete list of withholding tax rates for tax year 2020

ISLAMABAD: Following is the complete list of withholding tax rates applicable for tax year 2020. The rates have been updated by the Federal board of Revenue (FBR) till June 30, 2019. Read more »

Applicable withholding sales tax rates on various supplies

KARACHI: Federal Board of Revenue (FBR) has notified withholding sales tax rates to be deducted / collected on various supplies by withholding agents. Read more »

Policy recommends import of used electric vehicles

KARACHI: The import of used electric vehicles has been proposed under ‘National Electric Policy’ for at least two years for giving time to local auto manufacturers to prepare development plans. Read more »

Jewelers, real estate agents to maintain register, report suspicious transactions: draft rules issued

ISLAMABAD: Federal Board of Revenue (FBR) has proposed to make mandatory for jewelers and real estate agents to report suspicious transactions. Read more »

Import of used vehicles: changes to payment of duty, taxes approved

ISLAMABAD: The government has approved changes to payment of duty and taxes system for clearance of used vehicles, which are allowed to import under three different schemes. Read more »

SECP introduces concept of trading only brokers for expanding investor base

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has introduced a concept of trading only brokers for expanding investor base at the capital market. Read more »

Stock market gains 295 points in mixed trading activities

KARACHI: The stock market gained 295 points on Wednesday in mixed trading activities. Read more »

Proposals for establishment of Pakistan Revenue Authority to be finalized by June 2020

ISLAMABAD: The ministry of finance has been directed to finalize proposals for establishment of Pakistan Revenue Authority (PRA) by June 30, 2020. Read more »