KARACHI: Following are the open market exchange rates of foreign currencies in Pakistani Rupee (PKR) in Pakistan on March 06, 2023.
(more…)Author: Mrs. Anjum Shahnawaz
-
FBR directs companies to provide details of beneficial owners by Dec 31
KARACHI: Federal Board of Revenue (FBR) has tightened laws pertaining to disclosure of beneficial owners by directing all companies and Association of Persons (AOPs) to provide details by December 31, 2023.
(more…) -
SECP issues draft regulations for Shariah compliant securities
ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) on Friday issued draft regulations with aim to strengthen Shariah compliant securities.
(more…) -
FBR’s Inland Revenue office makes recovery despite stay order
ISLAMABAD: An office of Inland Revenue of the Federal Board of Revenue (FBR) has disrespected the legal order by making tax recovery from a bank account of a taxpayer despite a stay order was granted to avoid harsh measure.
(more…) -
Prices of diesel, petrol jump by 93.82% and 77.89% in latest inflation numbers
ISLAMABAD: The prices of diesel and petrol have recorded an increase of 93.82 per cent and 77.89 per cent, respectively in the latest inflation numbers.
(more…) -
Karachi Interbank Offered Rates KIBOR – March 03, 2023
KARACHI: State Bank of Pakistan (SBP) on Friday issued the Karachi Interbank Offered Rates (KIBOR) as on March 03, 2023.
(more…) -
Pakistan’s trade deficit contracts by 33% in 8MFY23
ISLAMABAD: Pakistan’s trade deficit contracted by 33 per cent to $21.3 billion during first eight months (July – February) of fiscal year 2022-2023, according to official numbers released on Friday.
(more…) -
Steel industry at brink of collapse amid raw material shortage, overhead costs
ISLAMABAD: Steel industry is at brink of collapse due to shortage of raw material and overhead costs. This scenario is compelling large producers to stay afloat as costs continue to mount.
(more…) -
FBR removes taxpayers from ATL contesting deemed income in courts
ISLAMABAD: Federal Board of Revenue (FBR) has removed the names of taxpayers from Active Taxpayers List (ATL), who are contesting deemed income in various courts.
(more…) -
FBR unveils new active taxpayers list for Tax Year 2022
ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday, March 01, 2023 unveiled new Active Taxpayers List (ATL) for Tax Year 2022.
(more…)