Pakistan Revenue
KARACHI: The headline inflation based on Consumer Price Index (CPI) in Pakistan has recorded 14-year high and surged by around 25 per cent in July 2022 on year on year (YoY) basis. According to data released by Pakistan Bureau of Statistics (PBS) on Monday, the CPI inflation General, increased by 24.9 per cent on year-on-year […]
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ISLAMABAD: The Federal Board of Revenue (FBR) has achieved a remarkable milestone by collecting net revenue of Rs 458 billion during July 2022. This collection has surpassed the monthly target of Rs 443 billion by Rs 15 billion, as confirmed by an official statement issued by the FBR on Monday.
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KARACHI: The exchange rate of Ripple (XRP) in Pak Rupee (PKR) is Rs90.95 on August 01, 2022 at 09:00 AM Pakistan Standard Time (PST), in the open exchange market.
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ISLAMABAD: An amount of Rs30 billion has been approved for Pakistan State Oil (PSO) to avoid payment default. The approval has been given at a meeting of Economic Coordination Committee (ECC), which was held in Islamabad on Sunday with Minister for Finance and Revenue Miftah Ismail in the chair. READ MORE: PSO posts massive growth […]
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ISLAMABAD: Pakistan on Thursday decided to lift the ban imposed on imported goods except for Completely Built Unit (CBU) of motor vehicles, mobile phones and home appliances. A review meeting was held to review the ban after two months owing to serious concerns raised by major trading partners on the imposition of ban and considering […]
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ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet has approved to fix petroleum dealers margin at Rs7 per liter for petrol and high speed diesel. The decision has been taken at a meeting of the ECC presided over by Finance Minister Miftah Ismail on Thursday. The Petroleum Division submitted a summary on revision of […]
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ISLAMABAD: Pakistan on Monday approved a rate of $9 per MMBTU for supply of LNG to export sector across the country. The country’s apex economic coordination body approved the rates to provide competitive environment to the export sector at par with regional economies. READ MORE: NEPRA to conduct public hearing on KE’s petition on July […]
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ISLAMABAD: Pakistan has imposed surcharge up to 15 per cent for clearance of consignments stuck up at ports and were banned for saving foreign exchange. The ministry of commerce issued an office memorandum dated July 22, 2022 pursuance to the federal cabinet decision to release the consignments of prohibited items. READ MORE: Pakistan allows release […]
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ISLAMABAD: The Federal Board of Revenue (FBR) on Monday invited applications for new 502 vacancies against the jobs from grade 1 to grade 15 the Inland Revenue. According to the notification the FBR would advertise for filling up 502 posts in BS-1 to 15 in seventeen (17) Inland Revenue field formations of FBR. READ MORE: […]
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ISLAMABAD: Pakistan has granted five-year tax exemption on income derived from cinema operations in order to promote local film industry. The tax exemption has been granted under Income Tax Ordinance, 2001 by amendment made through Finance Act, 2022. READ MORE: Advance tax on immovable property enhanced by 100% The Federal Board of Revenue (FBR), the […]
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