ISLAMABAD: In pursuit of mammoth revenue target of Rs7.64 trillion, the Federal Board of Revenue (FBR) will squeeze taxpayers during four months (March – June) to generate Rs3.15 trillion.
(more…)Author: Mrs. Anjum Shahnawaz
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Pakistan’s headline inflation jumps to 31.5 pc in February
ISLAMABAD: Pakistan’s headline inflation has jumped to 31.5 per cent in February 2023 when compared with 12.2 per cent in the same month last year, official data revealed on Wednesday.
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National Bank declares Rs31 billion as net profit for CY22
KARACHI: National Bank of Pakistan (NBP) has declared net profit of Rs31 billion for calendar year 2022.
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Pakistani Rupee to Saudi Riyal – PKR to SAR on March 01, 2023
KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on March 01, 2023:
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FBR explains increase in FED rates through Finance Supplementary Act 2023
ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday explained the increased rate of Federal Excise Duty (FED) applied through Finance Supplementary Act, 2023.
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Sales tax rate enhanced to 18 pc for increasing tax to GDP ratio: FBR
ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday said that standard rate of sales tax has been enhanced to 18 per cent to increase the tax to GDP ratio.
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Pakistan’s fragile liquidity raises default risks: Moody’s
Moody’s Investors Service on Tuesday downgraded Pakistan’s rating, which is driven by assessment that country’s increasingly fragile liquidity and external position significantly raises default risks.
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FBR gets 4.19 million active taxpayers in last list for Tax Year 2021
Federal Board of Revenue (FBR) received 4.19 million taxpayers, according to an official document released on Monday. The FBR issued the last Active Taxpayers List (ATL) for tax year 2021. The revenue body carried the name of those individuals or corporate entities, who filed their returns till February 26, 2023.
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Steel producers reject allegations of ABAD
ISLAMABAD: Pakistan Association of Large Steel Producers (PALSP) has rejected allegations leveled by builders and developers regarding price hike of steel bars.
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FBR to issue new list of active taxpayers on March 01
KARACHI: Federal Board of Revenue (FBR) is set to issue new list of Active Taxpayers for the tax year 2022 on March 01, 2023.
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