Pakistan Revenue
The Karachi Tax Bar Association (KTBA) has called upon the Federal Board of Revenue (FBR) to institute a definitive time limit for concluding audit proceedings in sales tax cases.
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ISLAMABAD: Federal Board of Revenue (FBR) has invited application for appointment of Chief Executive Officer (CEO) of Pakistan Single Window Company (PSWC). The application for the post may be submitted by May 23, 2021. The FBR said that PSWC is a public sector company incorporated under Section 42 of the Companies Act, 2017 by Pakistan […]
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JEDDAH, Saudi Arabia: Prime Minister Imran Khan met His Royal Highness Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud in Jeddah and held wide-ranging talks on bilateral, regional and international issues. The talks were marked by exceptional cordiality and a commitment to fortify the upward trajectory in the bilateral relationship. The Prime Minister conveyed […]
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KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the tax authorities to facilitate edible oil manufacturers by excluding from a notification related to commercial importers. According to a statement issued on Saturday FPCCI Vice President Nasir Khan strongly condemned the inclusion of Edible Oils in the S.R.O. 1190(I)/2019 issued by the […]
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KARACHI: The Pakistan Stock Exchange (PSX) will remain closed next week due to a week-long holiday announced by the government for Eid ul Fitr celebrations. This decision will provide market participants with an extended break amidst the festive season.
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KARACHI: Banks have made cash recovery of an amount of Rs21.17 billion against non-performing loans (NPLs) during the quarter ended March 31, 2021, according to data released by State Bank of Pakistan (SBP) on Friday. The cash recovery against NPLs was Rs49.23 billion for the quarter ended December 31, 2020. Therefore, the recovery fell by […]
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ISLAMABAD: Federal Board of Revenue (FBR) on Friday directed customs collectorates to observe normal working hours during Eid Holidays in order to facilitate trade and industry to clearance their goods. The FBR directed the customs station to observe normal working days on May 08, May 10 and May 11 of 2021. The FBR said that […]
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ISLAMABAD: The Competition Commission of Pakistan (CCP) has discovered that monopoly of feed mills resulted massive increase in poultry rates at retail state. A statement on Friday said that the nineteen poultry feed companies have been involved in price coordination and their alleged anti-competitive conduct has caused poultry feed price rise. Poultry feed comprises approximately […]
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KARACHI: Business community has welcomed inclusion of Pakistan in the seller list by the online retail company Amazon.com, Inc. and said it will help the country to boost its exports. Faisal Moiz Khan, President North Karachi Association of Trade & Industry (NKATI), while welcoming the inclusion of Pakistan in the seller list by the world-renowned […]
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ISLAMABAD: Federal Board of Revenue (FBR) on Friday assigned the services of following officers of Inland Revenue (IR) with Member (IR-Policy) with immediate effect and until further orders for ongoing Budget exercise and for preparation of Finance Bill, 2021-2022. Shabih-ul-Aijaz (IRS/BS-20) presently posted as Commissioner-IR (Audit-II), Large Taxpayers Office, Lahore. Taudeer Ahmad (IRS/BS-19) presently posted […]
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