Pakistan Revenue
ISLAMABAD: Saudi Arabia has allowed direct entry from Pakistan with effect from December 01, 2021, according to a report. The nationals of Pakistan are now eligible for direct entry without spending 14-day quarantine in a third country. According to Saudi Press Agency report quoting an official source at the ministry of interior, the directive will […]
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KARACHI: Prime Minister Imran Khan on Thursday launched an incentive program for overseas Pakistanis sending remittance to their homeland. The incentive program namely Sohni Dharti Remittance Program (SDRP) offered jointly by the State Bank of Pakistan (SBP), Ministry of Finance and financial institutions. SDRP is an innovative program designed to incentivize Pakistani workers abroad to […]
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KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Thursday demanded the government of consultations with stakeholders on the planned mini-budget. FPCCI President Mian Nasser Hyatt Maggo in a statement expressed his deep concerns over the approach of the government for not taking the apex business, industry, and trade body of Pakistan into […]
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ISLAMABAD: Leading Oil Marketing Companies (OMCs) have announced to open their outlets across the country on November 25, 2021, in order to ensure facilitating consumers. A shutdown strike has been called by the Petroleum Dealers Association on November 25, 2021. Gas & Oil Pakistan Company Limited (GO), with the largest retail outlet network of 1,000 […]
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Section 31 and Section 32 of the Sales Tax Act, 1990 have defined the powers of Inland Revenue officials and delegation of powers by the officials. The Federal Board of Revenue (FBR) issued the Sales Tax Act, 1990 updated up to June 30, 2021. The Act incorporated amendments brought through Finance Act, 2021. Following is […]
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ISLAMABAD: Jazz’s investment in Pakistan, which has crossed $ 10 billion including $ 560 million in the last two years alone on 4G network expansion – taking the total number of 4G users to 34.2 million, cementing Jazz’s position as the number one 4G operator. This was informed by KaanTerzioğlu, Chief Executive Officer, VEON Group […]
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ISLAMABAD: Pakistan has granted approval for transportation of 50,000 metric tons of wheat and medicine from India to Afghanistan, citing the goodwill and exceptional humanitarian gesture. The transportation of wheat and life-saving medicine was allowed from India via the Wagah Border, a statement said on Wednesday. “As a goodwill gesture towards the brotherly Afghan people, […]
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KARACHI: Following are the open market exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on November 24, 2021 (The rates are updated at 11:00 AM Pakistan Standard Time): Currency Buying Selling Australian Dollar (AUD) 125 126.50 Bahrain Dinar (BHD) 386.75 388.50 Canadian Dollar (CAD) 136.00 138.00 China Yuan (CNY) 23.75 23.90 Danish Krone (DNK) 23.45 23.75 Euro (EUR) 194.50 197.00 Hong […]
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KARACHI: A team of senior tax officials held a meeting with foreign investors on Tuesday in order to resolve their pending issues. The team of senior tax officials was headed by Shahid Iqbal Baloch, Chief Commissioner Inland Revenue (CCIR), Large Taxpayers Office (LTO) Karachi. Kazi Hifzur Rehman, Commissioner Inland Revenue, Audit Zone-III, LTO Karachi was […]
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ISLAMABAD: A protocol was signed on Tuesday between Pakistani and Chinese authorities for inspection and quarantine requirements for onion export from Pakistan to China.
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