Pakistan Revenue
KARACHI: Pakistan Stock Exchange (PSX) on Thursday imposed restriction on M/s. New Peak Securities (Private) Limited – TREC Holder – on failure to comply with the instructions of the exchange. In a notification, the PSX informed all market participants that M/s. Peak Securities (Private) Limited – TREC Holder, PSX (New Peak) failed to comply with […]
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ISLAMABAD: Federal Board of Revenue (FBR) on Thursday issued final draft of single-page income tax return for shopkeepers /small traders having annual turnover less than Rs10 million. The FBR issued SRO 885(I)/2020 to notify the final draft. Previously, the FBR on September 08, 2020 issued draft return form for shopkeepers/traders through SRO 821(I)/2020 to invite […]
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KARACHI: State Bank of Pakistan (SBP) on Thursday directed banks to implement anti-money laundering (AML) and Counter Financing for Terrorism (CFT) rules related to issuance of National Saving Schemes (NSS). The SBP said that commercial banks are performing functions of sale, encashment, profit payment etc. of various NSS such as prize bonds, SSC and DSC. […]
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ISLAMABAD: Federal Board of Revenue (FBR) on Thursday formed committees for elimination of inequality in taxation system and speedy resolution of taxpayers’ complaints.
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KARACHI: The office bearers and members of executive committee have been elected unopposed for the term 2020 in the election of Karachi Tax Bar Association (KTBA). This was announced at 63rd Annual General Meeting (AGM) of the bar held on Thursday. All the candidates for the KTBA elections have been elected unopposed. The AGM announced […]
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KARACHI: The liquid foreign exchange reserves of the country were remained flat at $19.959 billion by week ended on September 11, 2020, State Bank of Pakistan (SBP) said on Thursday. The foreign exchange reserves of the country were at $19.961 billion by week ended September 04, 2020. The official foreign exchange reserves of the SBP […]
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KARACHI: The share market gained 53 points on Thursday despite selling pressure seen in the market during the day. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 42,334 points as against 42,282 points showing an increase of 53 points. Analysts at Arif Habib Limited said that the market opened on a positive […]
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KARACHI: The Pak Rupee recovered 13 paisas against dollar on Thursday owing to improved inflows of export receipts and workers remittances. The rupee ended Rs166.21 to the dollar from previous day’s closing of Rs166.34 in interbank foreign exchange market. Currency experts said that the rupee recovered owing to inflows of export receipts and workers’ remittances. […]
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KARACHI: State Bank of Pakistan (SBP) and the government are actively working to facilitate non-resident Pakistanis in increasing their investment in domestic financial market, SBP governor Dr. Reza Baqir said.
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ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday promoted 65 Inland Revenue Officers (IROs) of BS-16 to the post of assistant commissioner of Inland Revenue BS-17 with immediate effect. The FBR promoted following officers to the post of Assistant Commissioner IR with their name and place of posting: Muhammad Arshad, Directorate of Intelligence and Investigation […]
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