Pakistan Revenue
ISLAMABAD: Federal Board of Revenue (FBR) has yet to finalize income tax return form for tax year 2020 as less than one month is remaining for return filing due date. The due date for filing income tax returns is September 30, 2020 for tax year 2020. By this date salaried persons, Association of Persons (AOPs) […]
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ISLAMABAD: Federal Board of Revenue (FBR) and Federal Directorate of Education (FDE) have signed a agreement to promote tax culture in the country through educational institutions. A special signing ceremony of Letter of Understanding (LoU) between FDE and FBR held on Wednesday in Ministry of Federal Education and Professional Training Islamabad. Ceremony was observed by […]
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KARACHI: The share market witnessed an increase of 458 points on Wednesday owing to trading activities were seen banking and other blue-chip stocks. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 41,834 points as against 41,378 points showing an increase of 458 points. Analysts at Arif Habib Limited said that the market […]
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KARACHI: The Pak Rupee gained three paisas against dollar on Wednesday owing to improved sentiments on economic indicators, analysts said. The rupee ended Rs165.60 to the dollar from previous day’s closing of Rs165.63 in interbank foreign exchange market, according to data released by State Bank of Pakistan. The rupee appreciated by Rs2.83 against the dollar […]
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ISLAMABAD: Federal Board of Revenue (FBR) has notified rules to launch Authorized Economic Operator (AEO) program to improve trade and business environment in the country. The AEO was launched by inserting Section 212A was inserted in the Customs Act, 1969 through the Finance Act, 2018. The FBR now issued AEO rules vide SRO 798 (I) […]
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ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) increased by 8.2 percent on Year on Year (YoY) basis in August 2020 as compared to an increase in 9.3 percent in the previous month, Pakistan Bureau of Statistics (PBS) said on Tuesday.
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KARACHI: Stock market gained 266 points on Tuesday owing to improved trading activities in cement and chemical sectors. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 41,377 points as against 41,111 points showing an increase of 266 points. Analysts at Arif Habib Limited said that the market continued the bull run by […]
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KARACHI: Pakistan State Oil Company Limited (PSO) on Tuesday declared Rs6.46 billion loss for the year ended June 30, 2020, according to financial results of the company submitted to Pakistan Stock Exchange (PSX). The company posted Rs10.56 billion after tax profit for the year ended June 30, 2019. The company recorded sales of Rs1,108 billion […]
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ISLAMABAD: The growth in revenue collection by Federal Board of Revenue (FBR) was remained flat at Rs593 billion during July – August of current fiscal year FY21 as compared with Rs582 billion in the corresponding month of the last fiscal year. However, the FBR on Monday said that it had surpassed the revenue collection target […]
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KARACHI: The stock exchange gained 55 points on Monday amid selling pressure seen in banks and fertilizer sectors, analysts said. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 41,111 points as against 41,056 points showing an increase of 55 points. Analysts at Arif Habib Limited said that the market gained a total […]
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