Pakistan Revenue
ISLAMABAD: PTCL Group has won the prestigious Global Diversity, Equity, and Inclusion Benchmark (GDEIB) Award in five categories in recognition of its forward-looking human resource practices and work culture. The achievement highlights the Group’s standing as a progressive and wholly employee-centric organization with unique attributes that have been validated previously as well, a statement said […]
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ISLAMABAD: Finance Minister Shaukat Tarin on Monday said that sales worth Rs16 trillion of the retail sector is not in the tax net. “The total sale of retail sector in the country is Rs20 trillion, and Rs16 trillion of it is not in the tax net,” he said while briefing the Senate’s Standing Committee on […]
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KARACHI: The exchange rate of Dogecoin (DOGE) in Pak Rupee (PKR) is Rs26.67 on January 10, 2022, in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs27.64 on January 09, 2022. The rate of Dogecoin in US Dollar (USD) is $0.15 on January 10, 2022, in the open exchange market. The rate of Dogecoin has been calculated and compared with […]
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ISLAMABAD: The government has proposed to withdraw sugar for charging sales tax on retail price by making amendment in the main tax law. Through Finance (Supplementary) Bill, 2021 dated December 30, 2021, the government proposed to withdraw the condition of collecting sales tax on sugar retail price. The government after just six months of making […]
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The Pakistan Telecommunication Authority (PTA) has announced the provision of free mobile calling facilities for individuals stranded in Murree and the Galliat region due to extreme weather conditions. This emergency initiative was implemented on Sunday following reports of severe disruptions caused by heavy snowfall and traffic gridlocks in the area.
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The Federal Board of Revenue (FBR) is contemplating the withdrawal of the condition mandating the provision of Computerized National Identity Card (CNIC) details for transactions conducted through digital means, as proposed in the Finance (Supplementary) Bill, 2021.
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The Federal Board of Revenue (FBR) may be authorized to decide the implementation of payment through digital means.
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In a move to streamline and regulate the collection of sales tax on compressed natural gas (CNG), the Federal Board of Revenue (FBR) has issued a new notification, SRO 39(I)/2022 dated January 08, 2022, to establish fixed values for CNG.
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ISLAMABAD: The Federal Tax Ombudsman (FTO) has ordered the customs authorities to dispose of 8,522 pending auctions of goods and vehicles within two months.
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State Bank of Pakistan (SBP) has issued a detail document to defend the amendments proposed by the government before the parliament. The SBP said the amendments to enhance transparency and accountability in central bank’s operations. The SBP issued the following rationales and explained to misconceptions: The role of the SBP as defined in the State […]
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