KARACHI: The government considering to withdraw all types of tax exemptions and concessions during next few years.
(more…)Author: Mrs. Anjum Shahnawaz
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Income Tax Ordinance 2001: Due date for payment of tax
KARACHI: Federal Board of Revenue (FBR) has explained the due date for payment of tax under Section 137 of Income Tax Ordinance, 2001.
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Repatriation of profit, dividend by foreign companies in Pakistan surges by 58 percent
The State Bank of Pakistan (SBP) has reported a substantial increase of 58 percent in the repatriation of profits and dividends by foreign companies operating in Pakistan during the first half of the current fiscal year.
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Bill to further empower FBR to tighten noose around undisclosed offshore assets
ISLAMABAD – The Federal Board of Revenue (FBR) has announced a significant move to enhance its authority in dealing with undisclosed offshore assets, as outlined in the proposals of the Finance Supplementary (Second Amendment) Bill, 2019.
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FBR asks business community to suggests measures to stop tax fraud
The Federal Board of Revenue (FBR) has reached out to the business community, urging them to propose measures aimed at eliminating tax evasion, counterfeit invoices, and plugging existing loopholes in the tax system.
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Engro Vopak takes steps for women empowerment
KARACHI: Engro Vopak Terminal Limited in partnership with CIRCLE Women, a social enterprise focused on women’s economic empowerment, held Tech Karo’s Closing Ceremony on Monday, at the Karachi School of Business and Leadership.
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Rupee gains in early trading
In a positive turn of events for the Pakistani economy, the Pak Rupee gained three paisas against the US dollar in the interbank market during early trading on Monday.
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Auction of 26 luxury vehicles of PM House on Jan 28
ISLAMABAD: An auction of luxury vehicles of the Prime Minister House will be held on January 28, 2019 at the Islamabad Dry Port, according to a notification.
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