Islamabad, October 18, 2023 – The Federal Board of Revenue (FBR) has taken a significant step to ease the process of claiming sales tax refunds for multiple tax periods.
(more…)Author: Shahnawaz Akhter
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Pakistan Achieves Record High with 4.88 Million Active Taxpayers
Islamabad, October 17, 2023 – Pakistan has reached a historic milestone with a total of 4.88 million active taxpayers now featured on the updated list of income tax return filers released by the Federal Board of Revenue (FBR).
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Bank Deposits Soar to New Record High at Rs 26.32 Trillion
Karachi, October 16, 2023 – Official data released on Monday has revealed that bank deposits in Pakistan have achieved an unprecedented milestone, reaching a new record high of Rs 26.32 trillion by the end of September 2023.
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Industry Faces Looming Challenges of Survival and Sustainability, Says Tahir Javaid
Lahore, October 16, 2023 – Malik Tahir Javaid, President of the Employers’ Federation of Pakistan (EFP), has sounded a warning about the pressing economic crises that are taking a severe toll on Pakistan’s industry.
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Banking Mohtasib Provides Rs 972 Million in Monetary Relief to Customers in 9MCY23
Karachi, October 16, 2023 – The Banking Mohtasib Pakistan has delivered a significant financial relief of Rs 972.33 million to banking customers during the initial nine months of 2023, demonstrating its commitment to safeguarding the rights and interests of the banking community.
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KCCI Calls for Drastic Reduction in Electricity Tariffs, Similar to Petroleum Prices
Karachi, October 16, 2023 – The Karachi Chamber of Commerce and Industry (KCCI) is urging the government to implement a significant reduction in electricity tariffs similar to the steps taken in reducing petroleum prices.
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Pakistani Rupee Remarkable Rally Continues for 28th Straight Session Against Dollar
Karachi, October 16, 2023 – The Pakistani Rupee (PKR) has continued its remarkable rally against the US dollar for the 28th consecutive session, reaching a rate of PKR 276.83 in the interbank foreign exchange market.
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SECP Highlights Significance of Digitalization in Meeting with Foreign Investors
Karachi, October 16 – The Securities and Exchange Commission of Pakistan (SECP) recently engaged with member companies of the Overseas Investors Chamber of Commerce & Industries (OICCI) in an interactive session to emphasize the importance of digitalization.
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FBR Sets New Deadline for Tax Year 2023 Return Filing
Karachi, October 16, 2023 – The Federal Board of Revenue (FBR) has announced a new deadline for filing income tax returns for the tax year 2023.
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Transporters Demand Uniform Enforcement of Axle Load Limit to Prevent Overloading Incidents
Karachi, October 15, 2023 – Transporters across Pakistan are calling for the consistent and rigorous implementation of an axle load limit to prevent accidents caused by overloading.
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