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Author: Mrs. Anjum Shahnawaz

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FBR publishes names of 3.67 million active taxpayers for TY2022

May 15, 2023May 15, 2023Mrs. Anjum Shahnawaz

ISLAMABAD – The Federal Board of Revenue (FBR) Monday released the names of 3.67 million active taxpayers who have successfully filed their annual returns for the tax year 2022.

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DogeCoin WOW

Dogecoin rates in PKR and USD on May 15, 2023

May 15, 2023May 15, 2023Mrs. Anjum Shahnawaz

On May 15, 2023 the exchange rates of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:

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mobile phones towers

Foreign investors urge Pakistan to abolish withholding tax on telecom services

May 15, 2023May 15, 2023Mrs. Anjum Shahnawaz

Foreign investors operating in Pakistan are calling on the country to abolish the withholding tax on telecom services.

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Pakistan bans old cars

Pakistan directs dealers to reduce car prices after regulatory duty removal

May 14, 2023May 14, 2023Mrs. Anjum Shahnawaz

Pakistan has issued a stern warning to car dealers, urging them to reduce the prices of imported vehicles following the removal of regulatory duty.

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petroleum prices in pakistan

Pakistan set to announce petroleum prices for second half of May 2023

May 13, 2023May 13, 2023Mrs. Anjum Shahnawaz

Pakistan is eagerly anticipating the announcement of new petroleum prices for the second half of May 2023, scheduled to be made on May 15.

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SEC Pakistan

Pakistan allows registration of 70 foreign companies

May 13, 2023May 13, 2023Mrs. Anjum Shahnawaz

Pakistan has allowed registration of 70 foreign companies in the month of April 2023. This brings the total number of registered companies to 191,924 with the Securities and Exchange Commission of Pakistan (SECP).

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Pakistan Tobacco Company

Pakistan’s tobacco industry faces challenges amidst excise increases and duty evasion

May 12, 2023May 12, 2023Mrs. Anjum Shahnawaz

In February 2023, Pakistan’s Finance (Supplementary) Bill 2023 introduced a significant excise increase for the tobacco industry, resulting in the highest-ever excise duty on tier-1 and tier-2 cigarette brands.

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FBR Blue

FBR notifies rules for transit trade between Tajikistan and Pakistan

May 12, 2023July 14, 2025Mrs. Anjum Shahnawaz

The Federal Board of Revenue (FBR) on Friday issued SRO 560(I)/2023 to notify rules for implementing transit trade between Tajikistan and Pakistan.

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IMF 02

Pakistan’s economy grapples with stagflation: IMF

May 11, 2023May 11, 2023Mrs. Anjum Shahnawaz

In the face of a challenging economic situation marked by stagflation, severe floods, and substantial financing needs, Pakistan has actively engaged with the International Monetary Fund (IMF) to address these pressing issues.

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Supreme Court of Pakistan

Supreme Court declares arrest of Imran Khan Illegal

May 11, 2023May 11, 2023Mrs. Anjum Shahnawaz

In a groundbreaking decision, the Supreme Court of Pakistan has declared the arrest of former Prime Minister Imran Khan as illegal.

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