Islamabad – The Federal Board of Revenue (FBR) has taken a significant step towards accessibility and transparency by launching the first Urdu version of the Customs Act, 1969.
(more…)Author: Faisal Shahnawaz
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ATL-2017 shows 1.824 million active taxpayers
Islamabad – The Federal Board of Revenue (FBR) has reported the receipt of an impressive 1.824 million income tax returns for the tax year 2017 by the week ending February 10, 2019.
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Tax credit for investment in shares, insurance
KARACHI: The tax authorities have allowed tax credit for an individual against investment made in shares and insurance.
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Rupee eases by 20 paisas in open market
Karachi – The Pakistani rupee experienced a modest decline of 20 paisas against the US dollar in the open market on Saturday, driven by increased demand during the weekly holiday.
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Pakistan has geographical importance for investment
KARACHI – Henry Ensher, Deputy Assistant Secretary of the Bureau of South and Central Asian Affairs, emphasized the geopolitical importance of Pakistan for regional investment during a meeting with Sindh Governor Imran Ismail on Friday.
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KSE-100 index ends down by 445 points on profit taking
KARACHI – The Pakistan Stock Exchange (PSX) experienced a notable downturn on Friday as the benchmark KSE-100 index fell by 445 points, closing at 40,887 points compared to the previous day’s 41,333 points.
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Rupee falls by 16 paisas to US dollar
KARACHI – The Pakistan Rupee experienced a depreciation of 16 paisas against the US dollar on Friday, primarily driven by heightened demand from importers and corporate buyers.
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KCCI shows concerns over gas shutdown to industries
KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has expressed serious concerns over abrupt shutdown of gas supply to industries and said that such closure caused immense losses to the tune of billions of rupees.
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Equity market ends down by 173 points amid positive sentiments
KARACHI: The equity market ended down by 173 points on Thursday amid positive activities in many scrips. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 41,333 points as against 41,506 points showing a decline of 173 points.
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Rupee ends firmer against US dollar
KARACHI: The Pakistani Rupee concluded stronger against the US dollar on Thursday, defying expectations amid heightened demand for import and corporate payments.
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