Karachi, September 25, 2023 – The Federal Board of Revenue (FBR) has introduced updates to the Standard Operating Procedure (SOP) governing the processing of cases involving the Tax Ombudsman.
(more…)Author: Mrs. Anjum Shahnawaz
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Pakistan May Consider Reducing Petroleum Prices for October 2023
Karachi, September 25, 2023 – Pakistan likely to contemplate a reduction in petroleum prices for the first half of October 2023, given the appreciation of the Pakistani Rupee (PKR) and a decline in international oil prices.
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Thundershowers Expected in Islamabad and Punjab on September 25
Islamabad, September 24, 2023 – The Pakistan Meteorological Department (PMD) has issued a weather forecast predicting thundershowers in Islamabad and various parts of Punjab on Monday, September 25, 2023.
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Thunderstorm Warning Issued by PMD for Islamabad Today
The Pakistan Meteorological Department (PMD) has issued a severe weather warning for Islamabad and several other regions in Pakistan. According to the latest forecast, a powerful thunderstorm is expected to hit the capital city today, Sunday, September 24, 2023.
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State-Owned Enterprises Report Annual Losses of Rs500 Billion, Says Finance Minister
Pakistan’s State-Owned Enterprises (SOEs) incurred significant annual losses of around Rs500 billion during the year 2022 due to inefficiencies and mismanagement, according to Dr. Shamshad Akhtar, the Caretaker Federal Minister for Finance, Revenue, and Economic Affairs.
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Pakistan Briefs IMF on Economic Stabilization Measures
Islamabad, September 21, 2023 – Pakistan’s caretaker Prime Minister, Anwaar-ul-Haq Kakar, met with International Monetary Fund (IMF) Managing Director Kristalina Georgieva in New York on the sidelines of the 78th UN General Assembly session to discuss the measures taken by the government to stabilize the country’s economy.
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ECC Authorizes Payment of Projected Net Salary for Employees of Pakistan Steel
Islamabad, September 19, 2023 – The Economic Coordination Committee (ECC) has given its authorization to the Finance Division for the disbursement of projected net salaries for the first six months of the Financial Year 2023-24.
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PMD Forecasts Rain or Thundershower in Karachi and Hyderabad on September 20
Islamabad, September 19, 2023 – The Pakistan Meteorological Department (PMD) has issued a weather forecast predicting rain accompanied by wind or thundershowers in Karachi and Hyderabad on Wednesday, September 20, 2023.
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FBR Extends Working Hours to Assist Taxpayers with Return Filing
Islamabad, September 19, 2023 – In a proactive move to support taxpayers and facilitate the annual tax return filing process, the Federal Board of Revenue (FBR) has issued a directive to its tax offices across the country, instructing them to extend their working hours on September 30, 2023.
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Prices of Petroleum Products in Pakistan on September 19, 2023
On September 19, 2023, Islamabad, Pakistan unveiled a meticulously calculated pricing regime for petroleum commodities, slated for enforcement throughout the remainder of this month.
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