Pakistan Revenue
KARACHI: Facebook on Wednesday launched its flagship skill development program ‘Rise’ in Pakistan to help advertising agencies and marketing professionals develop new and contemporary skills for professional success and fulfillment. Initially launched in Brazil in 2020, Rise has now grown to 18 countries across 4 continents to supplement global efforts for economic recovery following the […]
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ISLAMABAD: The Federal Board of Revenue (FBR) has deferred the implementation of a digital mode of payment for another month i.e. December 31, 2021. The digital mode of payment has been made mandatory for the corporate sector, which was to be implemented from December 01, 2021. The FBR issued circular No. 10 of 2021-22 on […]
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KARACHI: Mobilink Microfinance Bank Limited (MMBL), Pakistan’s largest digital bank, has retained its market standing as a leader in terms of microcredit and micro-savings during the third quarter of the financial year 2021. This was disclosed in the latest report released by Pakistan Microfinance Network (PMN). MicroWatch- A Quarterly Update on Microfinance Outreach in Pakistan, […]
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ISLAMABAD: An officer of the Inland Revenue Service (IRS) has been awarded a major penalty of ‘dismissal from service’ after the officer was found guilty of corruption and misconduct. The Federal Board of Revenue (FBR) on a complaint of a taxpayer initiated an inquiry against Syed Zubair Shah, a BS-19 officer of IRS. M/s. Pak […]
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ISLAMABAD: The President of Pakistan, Dr. Arif Alvi has directed Habib Bank Limited and Meezan Bank to pay victims of bank fraud. The President rejected the representation of the banks and upheld the decision of Banking Mohtasib (Ombudsman). President Dr Arif Alvi has provided relief to 6 different victims of bank fraud by upholding the […]
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ISLAMABAD: The government Tuesday decided to keep the prices of petroleum products unchanged for the next fortnight till December 15, 2021. A notification said that the prices of petroleum products will be the same as notified on November 15, 2021. Petrol would be sold at Rs145.82 per liter; High-Speed Diesel at Rs142.62 per liter; kerosene […]
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ISLAMABAD: Shaukat Tarin, Adviser to the Prime Minister on Finance and Revenue, on Tuesday stressed the need to rationalize salaries, allowances, and perks. Tarin was addressing a virtual meeting of the Pay and Pension Commission. The Commission is headed by Zafar Ahmed Khan and is composed of senior professionals from public and private sectors as […]
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ISLAMABAD: The Federal Board of Revenue (FBR) – Pakistan’s apex revenue collecting agency – has collected over Rs2.31 trillion during the first five months (July – November) of the fiscal year 2021/2022. According to provisional statistics released by the FBR on Tuesday, the net revenue collection is at Rs2.314 trillion during the first five months, […]
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ISLAMABAD: The Federal Cabinet on Tuesday approved the renewal of aviation licenses of four airlines under the National Aviation Policy 2019. Prime Minister Imran Khan chaired the meeting of the federal cabinet in Islamabad. On the recommendation of the Ministry of Aviation, the Cabinet approved the renewal of aviation licenses of M/S SERENE AIR, M/S […]
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ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) has increased by 11.5 per cent on a Year-on-Year (YoY) basis in November 2021, the Pakistan Bureau of Statistics (PBS) said on Tuesday.
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