ISLAMABAD — Chinese Ambassador Yao Jing, in a meeting with Prime Minister Imran Khan on Thursday, announced that China is poised to enhance its investment and trade activities with Pakistan in the upcoming phase of the China-Pakistan Economic Corridor (CPEC).
(more…)Author: Faisal Shahnawaz
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Pakistan foreign exchange reserves increase to $14.895 billion
KARACHI — Pakistan’s foreign exchange reserves have witnessed a modest uptick, increasing by $10 million to reach $14.895 billion by the week ending February 08, 2019.
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FBR assigns first posting to 40 probationary IRS BS-17 officers
ISLAMABAD: Federal Board of Revenue (FBR) has assigned first posting to 40 probationary officers of Inland Revenue Service (IRS) BS-17 on completion of training from Directorate General of Training and Research (IR), Lahore with immediate effect.
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KSE-100 index ends down on profit taking
KARACHI — The Pakistan Stock Exchange (PSX) experienced a decline on Thursday as profit-taking in various stocks influenced the benchmark KSE-100 index.
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Return filers entitled to many reductions, rebate and credits
The Federal Board of Revenue (FBR) has released a comprehensive facilitation guide outlining the various tax reductions, rebates, and credits available to income tax return filers.
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Investment in unregistered prize bonds increases to Rs922.78 bn
KARACHI – According to the latest debt statistics issued by the State Bank of Pakistan (SBP), the investment in unregistered prize bonds has witnessed a significant surge, recording an increase of 17 percent to reach Rs922.78 billion by the end of December 2018.
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FBR explains inclusion into ATL for availing tax benefits
ISLAMABAD: Federal Board of Revenue (FBR) has explained the inclusion into Active Taxpayers List (ATL) for availing reduced rates of withholding tax and other benefits.
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Arif Usmani appointed NBP President, CEO
Karachi – The federal government has officially appointed Arif Usmani as the President and Chief Executive Officer (CEO) of the National Bank of Pakistan (NBP), according to an official note received by the Pakistan Stock Exchange (PSX) on Wednesday.
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Persons who are not required to file annual income return
KARACHI: There are certain classes of persons who are not required to file annual return of income to Federal Board of Revenue (FBR).
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