Pakistan Revenue
ISLAMABAD: Federal Board of Revenue (FBR) is planning to introduce pre-filler return forms to save taxpayers’ time in filing the information every time they fill the form. Member IT FBR, Asim Ahmed said that the board had already obtained data of government employees from the AGPR for the purpose, and initially the pre-filler forms would […]
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KARACHI: The stock market gained 37 points on Wednesday in a range bound trading activity during the day. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 42,022 points as against 41,985 points showing an increase of 37 points. Analysts at Arif Habib Limited said that the market traded in range between -374 […]
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KARACHI: State Bank of Pakistan (SBP) on Wednesday issued instructions to designated banks for compliance in facilitating overseas Pakistanis in opening their bank accounts. The SBP said that it had launched the ‘Roshan Digital Accounts (RDA) for Non-Resident Pakistanis’ (NRPs) to enable them to remotely open bank accounts in Pakistan through online digital portals of […]
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KARACHI: The Pak Rupee depreciated by nine paisas against dollar on Wednesday owing to higher demand for import and corporate payment. The rupee ended Rs166.52 to the dollar from previous day’s closing of Rs166.43 in interbank foreign exchange market. Currency experts said that the market witnessed dollar demand for import and corporate payment. They said […]
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ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday notified panel of persons in all major cities of the country for alternate dispute resolution. The FBR issued SRO 810(I)/2020 to notify the setting up the committees under Income Tax Ordinance, 2001, Sales Tax Act, 1990 and Federal Excise Act, 2005. The FBR notified the panel of […]
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ISLAMABAD: Federal Board of Revenue (FBR) has given around 21 days time-line to taxpayers to file their return of income for tax year 2020. The FBR issued SRO 822(I)/2020 to notify the finalized income tax return form for initiation of return filing for the tax year 2020. The FBR about 20 day ago issued draft […]
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ISLAMABAD: The ministry of finance has notified rules for issuance of Naya Pakistan Certificates (NPC) at for overseas Pakistanis at an attractive rate of return against dollar denomination bills. According to the rules notified on Tuesday, every non-resident Pakistani having national identity card for overseas Pakistanis, foreigners having Pakistan origin card, members of overseas Pakistanis […]
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KARACHI: The share market ended down by 311 points on Tuesday after selling pressure by end of session. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 41,985 points as against 42,296 points showing a decline of 311 points. Analysts at Arif Habib Limited said that the market saw selling pressure by the […]
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ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday launched single page income tax return form for traders in order to facilitate this segment of the economy to comply with the mandatory requirement. The FBR issued SRO 821(I)/2020 to launch the draft income tax return form for traders having turnover less than Rs10 million. The FBR […]
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The Pakistani Rupee experienced a decline of 56 paisas against the US dollar on Tuesday, driven by increased demand for import and corporate payments, according to currency dealers.
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